There has been a great deal of russophobic and sinophobic frenzy of late in our so-called mainstream media and on the part of politicians in Washington, Canada, the U.K. and Germany. What are the underlying reasons for this? Is it true that a Russian invasion of Ukraine is ‘imminent’?
Canada’s fury at Russia’s recognition of the DPR & LPR shows its continuing subservience to US Empire (Archived)
Tag: Michael Hudson
WWII Redux: the Endpoint of U.S. Policy, from Ukraine to Taiwan
The Threatened Peoples of East Asia and Europe Can Stop the U.S. Drive to Restore its Global Domination.
WWII Redux: the Endpoint of U.S. Policy, from Ukraine to Taiwan
“Do You Want a War Between Russia and NATO?”

By Pepe Escobar, posted with the author’s permission and widely crossposted
ISTANBUL – Emmanuel Macron is no Talleyrand. Self-promoted as “Jupiterian”, he may have finally got down to earth for a proper realpolitik insight while ruminating one of the former French Minister of Foreign Affairs key bon mots: “A diplomat who says ‘yes’ means ‘maybe’, a diplomat who says ‘maybe’ means ‘no’, and a diplomat who says ‘no’ is no diplomat.”
“Do You Want a War Between Russia and NATO?”
A Nomura Document May Shed Light on the Repo Blowup and Fed Bailout of the Gang of Six in 2019
It’s long past the time for the Fed to come clean on exactly what happened in the fall of 2019 that caused it to launch its repo bailout facility. Americans will simply never trust the Fed if it doesn’t.
A Nomura Document May Shed Light on the Repo Blowup and Fed Bailout of the Gang of Six in 2019
What did the Fed know?!
China’s Fortune Cookie Crumbles : Michael Hudson and Renegade Inc.
YouTube: China’s Fortune Cookie Crumbles : Michael Hudson and Renegade Inc.
America doesn’t build infrastructure these days unless it’s monopolised. This is the political fight going on in the United States now. President Biden has a infrastructure plan that he’s scaled down from six and a half trillion to three and a half trillion. And essentially the bulk of the Democratic and Republican Party said if we can’t privatise infrastructure and make it a rent-extracting monopoly, we’re not going to do it, and we’re going to block the government from doing it. So in the United States, they’re going to have high priced infrastructure, high-priced health care and high-priced education while China is going to have low-priced transportation, low-cost infrastructure, free education, public health care. And you’re going to have a very high-cost United States unable to compete with the rest of the world. All it can do is make military threats or financial threats. If it tries to impose sanctions as it’s imposed on Russia, China and other countries, these are going to serve as protective tariffs for foreign countries.
China, the U.S., and the Idea of National Competition
China, the U.S., and the Idea of National Competition
What appears to be meant in the U.S. by ‘competing with China’ can be inferred by the rising Pentagon budget, by the failure to raise the minimum wage, by hiring private corporations to get around restrictions on domestic spying, and by appointing a high-level administrator to shut-down inconvenient political opinions on the internet. The political parties are now balkanized to the point where their adherents trust members of their own party, but not the other. What this likely means is an iterative process between ‘wealth of nations’ style economic nationalism and neoliberal internationalism where the only constant is the consolidation of political control by oligarchs and corporate executives. I believe that Italians in the 1920s and 1930s had a name for this type of governance.

Welcome to “Shocked and Awed” 21st Century Geopolitics. A “Real Game-Changing Moment”
WITH A RUSSIA-CHINA-IRAN TRIPLE BITCH SLAP ON THE HEGEMON, WE NOW HAVE A BRAND NEW GEOPOLITICAL CHESSBOARD
Welcome to “Shocked and Awed” 21st Century Geopolitics. A “Real Game-Changing Moment”
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