gipper
Diamond Member
- Jan 8, 2011
- 67,055
- 35,710
I suspect the USG won’t make any new friends, but just might make a lot of new enemies.Decide if you're going to be pro-war or anti-war, then revise your comments to suit. Many of us are about to find new allies and friends, as well as new enemies.
The following is good analysis in my humble opinion.
Meanwhile, many years of arrogant and oppressive American behavior towards so many other major countries has produced a powerful backlash of support for Russia. According to news reports, the Iranians have provided the Russians with large numbers of their advanced drones, which have been effectively deployed against the Ukrainians. Since World War II, our alliance with Saudi Arabia has been a linchpin of our Middle Eastern policy, but the Saudis have now repeatedly sided with the Russians on oil production issues, completely ignoring America’s demands despite threats of retaliation from Congress. Turkey has NATO’s largest military, but it is closely cooperating with Russia on natural gas shipments. India has also moved closer to Russia on crucial issues, ignoring the sanctions we have imposed on Russian oil. Except for our political vassal states, most major world powers seem to be lining up on Russia’s side.
Since World War II one of the central pillars of global American dominance has been the status of the US dollar as the world’s reserve currency and our associated control over the international banking system. Until recently we always presented our role as neutral and administrative, but we have increasingly begun weaponizing that power, using our position to punish those states we disliked, and this is naturally forcing other countries to seek alternatives. Perhaps the world could tolerate our freezing the financial assets of relatively small countries such as Venezuela or Afghanistan, but our seizure of Russia’s $300 billion in foreign reserves obviously tipped the balance, and major countries are increasingly seeking to shift their transactions away from the dollar and the banking network that we control. Although the economic decline of the EU has caused a corresponding fall in the Euro and driven up the dollar by default, the longer-term prospects for our continued currency hegemony hardly seem good. And given our horrendous budget and trade deficits, a flight from the dollar might easily collapse the US economy.
Soon after the outbreak of the Ukraine War, the eminent historian Alfred McCoy argued that we were witnessing the geopolitical birth of a new world order, one built around a Russia-China alliance that would dominate the Eurasian landmass. His discussion with Amy Goodman has been viewed nearly two million times.
War and Propaganda in the Russia-Ukraine Conflict