WASHINGTON — A fist bump and meeting with the crown prince of Saudi Arabia. Tariffs and export controls on China. Jerusalem as the capital of Israel. U.S. troops out of Afghanistan.
Jul 21, 2022 – The Korean War that began in 1950 is technically ongoing because only an armistice was signed in 1953, rather than a peace treaty. American warmongers argue the United States must spend $8 billion a year to keep 30,000 troops there at a dozen bases until the war ends. This is only because the United States refuses to even discuss an end to the war because it will lose control of South Korea’s military if American Generals leave. In addition, part of the justification for the Pentagon’s massive annual budget is to defend South Korea, and those who profit off the perpetual American presence spend millions of dollars each year to lobby American congressmen to keep their racket going.
The South Korean military is five times stronger than the North Korean military, and there are no Russian or Chinese soldiers based in North Korea. South Korea has twice the population and forty times the GDP of decrepit North Korea and has fortified its mountainous border. American troops are not needed there but powerful interests protect the status quo. Withdrawing just half the American troops would save the United States over three billion dollars a year and may allow a formal peace treaty to be signed.
This year marks exactly 50 years since the establishment of ties between the United States and the People’s Republic of China. US President Richard Nixon visited China in 1972 and initiated an unprecedented thaw in relations, the first ever between a Communist power and a leading capitalist one. It was a very unusual occurrence, especially as the (First) Cold War was reaching its zenith precisely at that time. Although Mao Zedong himself and Nixon paved the way for the establishment of this relationship, it was only after Deng Xiaoping took power that the modern Sino-American relationship grew and in many ways shaped the economic and geopolitical realities of our time.
Speaking at a Senate Banking Committee hearing, Federal Reserve Chairman Jerome Powell acknowledged that the recent battle with inflation could tip the country into another recession.
On July 17, 2022 the Philippine Daily Inquirer headlined a complete and total lie about China’s loan assistance to the Philippines, blaring loudly and shamelessly “’Debt trap avoided’; Marcos pushed to review China loans.” How Philippine mainstream media is allowed to publish such outright misinformation and disinformation is truly disgusting.
The island nation of Sri Lanka, located south-southeast of India in the Indian Ocean has suffered economic and now political chaos that has grabbed international headlines.
Disclaimer: The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site.
The Democratic Party is unquestioningly supporting an endless proxy war and has been reluctant to press President Biden to prioritize a negotiated settlement to the war.
The oligarchs response to the loss of global full spectrum dominance will be increased military action. Their ability to foment support for aggression by the American citizenry will be used as a response to the success of China’s model of foreign investment in trade and reproduction, which will become the scapegoat for dwindling purchasing power caused by financialization of the American economy.
Jul 10, 2022 – Sri Lanka’s dire economic and political conflict is being blamed by the Western media on Chinese “debt trap diplomacy” and “Putin Price Hikes,” however buried within the same Western media sources, is the truth.
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