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Friday, March 11, 2022

Next in Line for demonization and war?

 



Can China de-escalate? 
 
 
By John V. Walsh

I beg to differ on WW III if one means the US will join the fray to any significant degree.

The US will NOT fight Russia or China directly - if the US can avoid that.  Biden has made it clear that the US troops will not fight Russia in Ukraine nor will the US fight China directly in Taiwan.  And I believe it will never do so in any large scale fashion. 

Ukraine will fight Russia and then perhaps bit by bit other European countries will join Ukraine.  This has already happened in terms of financial warfare with the Europeans and Russia paying a big price due to US imposed sanctions; Americans will get off lightly, leading from behind.  Can the Europeans be conned into more hostility to Russia?  With the “progressive” Greens, the most hawkish of all the German Parties holding the Foreign Minister portfolio, it does not look good.

And Taiwan, South Korea, Japan etc, NOT the US, will fight China directly if the US can manage to gin this up.  The US will “lead from behind.”  This is not as advanced yet as the European process is - in part, I believe, because the neocons (Nuland, etc.) have much more antipathy toward Russia.  

This is a World War in the sense that WWII was - and WWII was a case of the US suffering barely at all in comparison to Eurasia with its advanced economies all wrecked and well over 50 million dead in combat [including the 27 million killed in the Soviet Union by the Nazi invasion].  In fact the US emerged in control of the world with only the USSR able to escape its clutches. 

A replay of WWII is what the US is after here - hoping there will be no nuclear escalation.

Can the US pull this off?  As far as I can see, Americans will support all this so long as the body bags do not come back in large numbers. Many, many progressives are already on board.  

(The most serious high profile resistance is coming from Tucker Carlson -gasp- but this will shift when it comes to China.  Anti-Communism is like catnip to Carlson - but NOT to paleos like Buchanan or libertarians like Ron Paul. They will remain as non-interventionists.  As will some on the left, but not the majority I fear.)

Since the financial warfare has begun, I think this article is worth reading even though parts of it are clearly US propaganda: http://archive.today/17tO5

 



 A quote:

 “The United Nations recognizes roughly 180 currencies, but “the reality is most global payments are still intermediated through a Western currency-dominated financial system,” said Eswar Prasad, a professor of international trade policy at Cornell University.

Most of global commerce is carried out in dollars and euros, making it hard for Russia to avoid the currencies. And as much as half of the $643 billion in foreign exchange reserves owned by the Russian central bank is under the digital thumb of central and commercial banks in the United States, Europe and their allies.

 “They control the wealth of the world,” even the parts that they don’t own, said Michael S. Bernstam, a research fellow at the Hoover Institution at Stanford University.

 “While there has been speculation that Russia could mute the fallout of the sanctions by using its gold reserves, turning to Chinese yuan or transacting in cryptocurrency, so far those alternatives seem unlikely to be enough to forestall financial pain.” 

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