Organizing Notes

Bruce Gagnon is coordinator of the Global Network Against Weapons & Nuclear Power in Space. He offers his own reflections on organizing and the state of America's declining empire....

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Location: Brunswick, ME, United States

The collapsing US military & economic empire is making Washington & NATO even more dangerous. US could not beat the Taliban but thinks it can take on China-Russia-Iran...a sign of psychopathology for sure. We must all do more to help stop this western corporate arrogance that puts the future generations lives in despair. @BruceKGagnon

Sunday, May 29, 2022

Sanctions – wrecking ball in a global economy

By Sara Flounders 

U.S. government strategists are using sanctions as a wrecking ball to demolish the globalized economy. It is a desperate struggle to preserve their global hegemony and a unipolar world. The policy of consciously demolishing supply chains of essential products amounts to a reckless war on defenseless civilian populations. Sanctions disrupt trade worldwide and send shockwaves far beyond the countries directly targeted. This is well understood by financial planners.

“Food shortages — it’s going to be real,” President Joe Biden said in Brussels March 25 at a NATO press conference, an ominous warning reported around the world. “The price of the sanctions is not just imposed upon Russia. It’s imposed upon an awful lot of countries as well, including European countries and our country as well.”

For the first time this intentional disruption is rebounding against the countries imposing the sanctions. Wider sanctions are creating unprecedented inflation — the highest in 40 years — supply chain chaos and sharply higher costs of energy for industries, transport and homes.

Washington is demanding that countries act against their own economic interests and enforce sanctions passed as U.S. legislation, in which they had no voice or prior notice.

In response to the extensive sanctions on Russia, many countries have opened new forms of currency exchanges to carry out trade. This has in turn led to an erosion of dollar supremacy, a bedrock of U.S. economic hegemony.

The U.S. and EU sanctions are creating famines throughout Africa. Sanctions under the Countering America’s Adversaries through Sanctions Act (CAATSA) are threatened against India and are already imposed on Turkey, a NATO member, for their continuing trade with Russia.

~ Read the rest of this article here


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