America has already won Europe’s war
www.thomasfazi.com
America has already won Europe’s war
Whatever happens now, Washington will prosper
Hi. In this article I explain how the conflict in Ukraine is a godsend for America, allowing it to reassert its economic and military hegemony over Europe under the guise of a new Cold War against Russia/China, relaunch a declining NATO, replace Russia in the field of gas exports and turn the clock of West-East relations back by several years. The Old Continent, on the other hand, will pay a heavy price for all this.
Best regards,
Thomas Fazi
Website: thomasfazi.net
Twitter: @battleforeurope
Facebook: https://www.facebook.com/thomasfazi
Latest book: Reclaiming the State: A Progressive Vision of Sovereignty for a Post-Neoliberal World (co-authored with Bill Mitchell)
Thanks Thomas. Very good and the links you provide are interesting. Did you happen to see this from Michael Hudson? His headline view on the impact for the US differs a bit from yours, but this part is interesting...
"Russia is discovering (or is on the verge of discovering) that it does not need U.S. dollars as backing for the ruble’s exchange rate. Its central bank can create the rubles needed to pay domestic wages and finance capital formation. The U.S. confiscations thus may finally lead Russia to end neoliberal monetary philosophy, as Sergei Glaziev has long been advocating in favor of MMT."
https://michael-hudson.com/2022/03/the-american-empire-self-destructs/