In St. Petersburg, the world’s new powers gather to upend the US-concocted “rules-based order” and reconnect the globe their way
By Pepe Escobar, posted with the author’s permission and cross-posted with The Cradle
The St. Petersburg International Economic Forum has been configured for years now as absolutely essential to understand the evolving dynamics and the trials and tribulations of Eurasia integration.
St. Petersburg in 2022 is even more crucial as it directly connects to three simultaneous developments I had previously outlined, in no particular order:
First, the coming of the “new G8” – four BRICS nations (Brazil, Russia, India, China), plus Iran, Indonesia, Turkey and Mexico, whose GDP per purchasing parity power (PPP) already dwarfs the old, western-dominated G8.
Second, the Chinese “Three Rings” strategy of developing geoeconomic relations with its neighbors and partners.
Third, the development of BRICS+, or extended BRICS, including some members of the “new G8,” to be discussed at the upcoming summit in China.
There was hardly any doubt President Putin would be the star of St. Petersburg 2022, delivering a sharp, detailed speech to the plenary session.
Among the highlights, Putin smashed the illusions of the so-called ‘golden billion’ who live in the industrialized west (only 12 percent of the global population) and the “irresponsible macroeconomic policies of the G7 countries.”
The Russian president noted how “EU losses due to sanctions against Russia” could exceed $400 billion per year, and that Europe’s high energy prices – something that actually started “in the third quarter of last year” – are due to “blindly believing in renewable sources.”
He also duly dismissed the west’s ‘Putin price hike’ propaganda, saying the food and energy crisis is linked to misguided western economic policies, i.e., “Russian grain and fertilizers are being sanctioned” to the detriment of the west.
In a nutshell: the west misjudged Russia’s sovereignty when sanctioning it, and now is paying a very heavy price.
Chinese President Xi Jinping, addressing the forum by video, sent a message to the whole Global South. He evoked “true multilateralism,” insisting that emerging markets must have “a say in global economic management,” and called for “improved North-South and South-South dialogue.”
It was up to Kazakh President Tokayev, the ruler of a deeply strategic partner of both Russia and China, to deliver the punch line in person: Eurasia integration should progress hand in hand with China’s Belt and Road Initiative (BRI). Here it is, full circle.
Building a long-term strategy “in weeks”
St. Petersburg offered several engrossing discussions on key themes and sub-themes of Eurasia integration, such as business within the scope of the Shanghai Cooperation Organization (SCO); aspects of the Russia-China strategic partnership; what’s ahead for the BRICS; and prospects for the Russian financial sector.
One of the most important discussions was focused on the increasing interaction between the Eurasia Economic Union (EAEU) and ASEAN, a key example of what the Chinese would define as ‘South-South cooperation.’
And that connected to the still long and winding road leading to deeper integration of the EAEU itself.
This implies steps towards more self-sufficient economic development for members; establishing the priorities for import substitution; harnessing all the transport and logistical potential; developing trans-Eurasian corporations; and imprinting the EAEU ‘brand’ in a new system of global economic relations.
Russian Deputy Prime Minister Alexey Overchuk was particularly sharp on the pressing matters at hand: implementing a full free trade customs and economic union – plus a unified payment system – with simplified direct settlements using the Mir payment card to reach new markets in Southeast Asia, Africa and the Persian Gulf.
In a new era defined by Russian business circles as “the game with no rules” – debunking the US-coined “rules-based international order” – another relevant discussion, featuring key Putin adviser Maxim Oreshkin, focused on what should be the priorities for big business and the financial sector in connection to the state’s economic and foreign policy.
The consensus is that the current ‘rules’ have been written by the west. Russia could only connect to existing mechanisms, underpinned by international law and institutions. But then the west tried to “squeeze us out” and even “to cancel Russia.” So it’s time to “replace the no-rules rules.” That’s a key theme underlying the concept of ‘sovereignty’ developed by Putin in his plenary address.
In another important discussion chaired by the CEO of western-sanctioned Sberbank Herman Gref, there was much hand-wringing about the fact that the Russian “evolutionary leap forward towards 2030” should have happened sooner. Now a “long-term strategy has to be built in weeks,” with supply chains breaking down all across the spectrum.
A question was posed to the audience – the crème de la crème of Russia’s business community: what would you recommend, increased trade with the east, or redirecting the structure of the Russian economy? A whopping 72 percent voted for the latter.
So now we come to the crunch, as all these themes interact when we look at what happened only a few days before St. Petersburg.
The Russia-Iran-India corridor
A key node of the International North South Transportation Corridor (INTSC) is now in play, linking northwest Russia to the Persian Gulf via the Caspian Sea and Iran. The transportation time between St. Petersburg and Indian ports is 25 days.
This logistical corridor with multimodal transportation carries an enormous geopolitical significance for two BRICs members and a prospective member of the “new G8” because it opens a key alternative route to the usual cargo trail from Asia to Europe via the Suez canal.
The INSTC corridor is a classic South-South integration project: a 7,200-km-long multimodal network of ship, rail, and road routes interlinking India, Afghanistan, Central Asia, Iran, Azerbaijan and Russia all the way to Finland in the Baltic Sea.
Technically, picture a set of containers going overland from St. Petersburg to Astrakhan. Then the cargo sails via the Caspian to the Iranian port of Bandar Anzeli. Then it’s transported overland to the port of Bandar Abbas. And then overseas to Nava Sheva, the largest seaport in India. The key operator is Islamic Republic of Iran Shipping Lines (the IRISL group), which has branches in both Russia and India.
And that brings us to what wars from now will be fought about: transportation corridors – and not territorial conquest.
Beijing’s fast-paced BRI is seen as an existential threat to the ‘rules-based international order.’ It develops along six overland corridors across Eurasia, plus the Maritime Silk Road from the South China Sea, and the Indian Ocean, all the way to Europe.
One of the key targets of NATO’s proxy war in Ukraine is to interrupt BRI corridors across Russia. The Empire will go all out to interrupt not only BRI but also INSTC nodes. Afghanistan under US occupation was prevented from become a node for either BRI or INSTC.
With full access to the Sea of Azov – now a “Russian lake” – and arguably the whole Black Sea coastline further on down the road, Moscow will hugely increase its sea trading prospects (Putin: “The Black Sea was historically Russian territory”).
For the past two decades, energy corridors have been heavily politicized and are at the center of unforgiving global pipeline competitions – from BTC and South Stream to Nord Stream 1 and 2, and the never-ending soap operas, the Turkmenistan-Afghanistan-Pakistan-India (TAPI) and Iran-Pakistan-India (IPI) gas pipelines.
Then there’s the Northern Sea Route alongside the Russian coastline all the way to the Barents Sea. China and India are very much focused on the Northern Sea Route, not by accident also discussed in detail in St. Petersburg.
The contrast between the St. Petersburg debates on a possible re-wiring of our world – and the Three Stooges Taking a Train to Nowhere to tell a mediocre Ukrainian comedian to calm down and negotiate his surrender (as confirmed by German intelligence) – could not be starker.
Almost imperceptibly – just as it re-incorporated Crimea and entered the Syrian theater – Russia as a military-energy superpower now shows it is potentially capable of driving a great deal of the industrialized west back into the Stone Age. The western elites are just helpless. If only they could ride a corridor on the Eurasian high-speed train, they might learn something.
Satan is beaten back – for now. He’ll be back.
He’s already back & pushing for War. Saw this just today & supposed latest news:
“Did Europe’s Latest (& Little Noticed) Anti-Russia Move Just Push The World Closer To WW3?” June 20th 2022
Then I searched for map of Kalingrad & came across this written in 2016 but so relevant to above :May 2016
I hope I can help you: https://tass.ru/ekonomika/14974931
May it be the end.
“The war was not meant to end. It was meant to be continuous. In principle, the war effort is always planned to keep society on the brink of starvation. The war is waged by the ruling group against its own subjects, and its object is not victory over Eurasia or Eastasia, but to keep the very structure of society intact.”
Speaking of trains, Japan has had the 200 mph Shinkansen since 1965. The US has AMTRAK, an example of corporate welfare, slow speed, poor service, and fatal accidents.
The Shinkansen has never had a fatal accident, even when derailing at 200 kph during a earthquake. AMTRAK routinely kills its passengers.
Instead of spending money to maintain, upgrade, and improve the 137,000 miles of crumbling rail in the US, billions have been poured into the development Musk’s pie-in-the-sky Hyperloop.
This is U$A policy: Run everything into the ground to create the ‘need’ to replace it with the most expensive, dysfunctional, unproven, ‘tech’ solutions that provide nothing other than profit for investors.
Railroad track good enough to support high speed trains is extremely expensive. Because the US population is more spread out than people in Europe or the Far East, there are very few places in the US that would get the ridership needed to make high speed rail sensible. Plus the corporate welfare for AMTRAK is minor compared to what high speed rail would cost. To check that out, note what is going on in California with there currently stillborn high speed rail project. Hyperloop has a variety of sponsors, and indeed, is an even worse idea owing to cost.
But certainly there are corridors where high-speed rail would make sense in the USA. China has high-speed rail in all of its 33 provinces…
We can support Ukraine with $40-60 Billion and millions per month, but we can’t afford a high speed rail nor a southwest boarder fence. Sounds like the old money laundering that has engulfed our political class for years.
My mother’s uncle told her in the 1930s NOT to ride trains as the tracks were not being properly maintained; this from someone who was in low-level management for the railroads.
What we cannot seem to understand in the U.S. is that big government is here to stay. But what would you like it to spend money on? Upgrading rails and transportation, or funding a mediocre comedian in Ukraine? The former does not make the military-industrial complex wealthy. I remember Tom Andrews, my former and decent U.S. representative, talking about retooling the weapons industry to make high-speed trains! George Mitchell that utter turd helped to make sure Andrews did not become senator.
The US’ “big government” is failing. In fact, every State in the Union is billions of $$s in debt. The Federal Govt is multiple trillions $$s in debt. It’s a hollow shell of its former self.
Instead, it’s “Big Money” -private corporate/banking money tied to the US Financial Centers that has destroyed the federal government. This has been going on since the 1970s.
Here’s a real reason why the US does not have high-speed railway:
High-speed trains in China vs Amtrak:
Thanks for the Bluemoonofshanghai link.
Noam Chomsky wrote at length about this US elite decision
I saw a documentary on this some years back. The auto industry and oil companies actively lobbied to destroy public light rail transport in cities, and had the rail cars crushed. I don’t buy the arguments that high speed rail in the US is not feasible, or doesn’t have enough takers, and all that. It would be a very welcome idea, and very beneficial. Consider how much less fuel would be used, and people could get to their destinations faster.
Refurbishing existing rail costs a fraction of highway refurbishment.
A fair analysis takes into consideration the costs of construction and maintenance, the capacity of the system, utility (the amount of use), financial viability, and social impact (cost vs. benefit).
Rail wins every time, especially over long distance. The only reason the US has auto-centric culture is that car companies killed public transit to eliminate competition to their products.
If we can give trillions to “to big to fail” businesses why can we subsidize an enterprise that actually will benefit the America and it’s citizens?
China has 38,000 kilometers of high-speed trains in operation with 2,500 trains running at between 350 Km/h and 400 Km/h, carrying 70% of the about 3.5 billion passengers per year! To say nothing about the comfort for travelers.
Chicken and Egg scenario. If the high speed rail is built the development will follow. The current automobile based culture will end in the US. The alternative is the development of technology that does not use petroleum but aether technologies.
>>But certainly there are corridors where high-speed rail would make sense in the USA…
The one place where you could build a high speed rail in the US with the hope of a decent return would be the northeast. California maybe, if they weren’t already so dedicated to the car out there.
>>My mother’s uncle told her in the 1930s NOT to ride trains as the tracks were not being properly maintained; this from someone who was in low-level management for the railroads.
Up until around a hundred plus years ago (more or less) there was a lot of money in railroads. The government started price fixing, railroads saved money by neglecting maintenance on the tracks (a big expense item), and used the savings to invest in non railroad projects. The tracks went to hell big time. That got semi changed maybe (??) fifty years ago. Now they maintain tracks up to the standard needed for freight trains, thus suited only for trains that go slow.
I have been on AMTRAK. A nothing special passenger car pulled by a freight train engine (not fast) over irregular freight train track, and sharing the track with other slow moving freight trains. Track quality and maintenance is a big ticket item. To up the quality of the track would cost a lot and it would often be for track that is used almost exclusively for freight.
If you want to get upset about something, I believe the Greyhound Buss Co. makes it more or less impossible to start a new bus company. They will undercut the company until it goes broke. Greyhound doesn’t offer good long distance buss routes (easily inferior to what Mexico has), thus we have not developed good quality long distance buss service. That would be better than what AMTRAK currently does and would not require major spending.
In the US there is the problem that a real lot of the housing has been built in anticipation in the use of cars. Out in the suburbs the population is often too thin for even buss transportation be convenient.
The thing about high speed rail is that people like it for the wrong reason. The train costs a lot and thus look neat, but except for anything but long distance travel rail is inconvenient because pick up and let off is only at the train station. A buss network can pick up and let off people at a thousand locations while the local train pick up and let off place is apt to be a single depot.
Cars use a lot of raw materials and use up a lot of space, but they are a form of luxury transportation. Americans won’t quit using cars until they can’t afford it. The big problem in going from cars to something else, I think, is the layout of housing. It is too spread out to easily use mass transit.
You have obviously never ridden on China’s high-speed rail; totally integrated with bus & airport networks, but quicker than the draw-backs of air travel.. Soon to be unveiled; the 600 kph (400 mph) MagLev; already a prototype in Shanghai..
Hm. Very thinly spread population here in Norway but you find bus service of some sort at the smallest places (may not go very often). Interesting info.
The US power people have grown up immersed in their fantasy world (aka Hollywood). Fly to the edge of the universe, Superman! Leave the thinking on earth to thems that’s capable!
/Musk’s pie-in-the-sky Hyperloop/
Meanwhile, in the United States, ostensibly the “World’s greatest economy”, the governing elites can’t provide affordable energy or food stuffs for its people, while Russia can. Russian passport holders will soon be the envy of the World. IMHO
The Russian SMO revealed the truth to the World… and if the Ukrainians are smart they will switch sides and make a beeline for the Russian passport offices. They can either be a part of a corrupt Western world that can’t feed or warm itself itself, or become members of an emerging group of societies/nations with a great future to look forward to. I think Putin will go down in history as another Peter the Great, one of the greatest statemen and leaders of all time.
“and that Europe’s high energy prices – something that actually started “in the third quarter of last year” – are due to “blindly believing in renewable sources.”
US prices started reising in March of ’20.
all from rt
southern EU countries could continue their headlong path
“The new bond reinvestment plan introduced by the European Central Bank (ECB) earlier this week to help indebted EU states is unlikely to work, Reuters and Bloomberg report, citing analysts.
The ECB came up with the plan to help the EU’s southern nations, the bloc’s most indebted, with mounting obligations. The regulator said it would direct cash to more indebted nations from debt maturing in the €1.7 trillion ($1.8 trillion) pandemic support scheme. This means that while prior to the announcement, the process of buying ECB bonds by states took place in accordance with each individual country’s investment, preference would now be given to countries with high debt, such as Italy, with its gross debt amounting to around 150% of GDP.
However, experts say the move is unlikely to solve the debt crises. Olli Rehn, Finland’s Central Bank chief, told Reuters that the measure will merely help prevent “unwarranted” market moves and will not help countries in case of truly large debt issues.”
but Sholz definitely wants the complete basket case Ukraine and wants to change voting rules….signs of desparation???
“German Chancellor Olaf Scholz has suggested that a major EU reform is needed to make it easier for new countries to join the bloc. He floated the idea in an interview with the news agency DPA.
During his recent joint visit to Kiev with the leaders of France and Italy, Scholz made clear that his country “wants a positive decision in favor of Ukraine as a EU candidate country.”
“The EU must not make Ukraine a member state in a rushed manner, European Parliament Vice-President Katarina Barley has said.
“There must be no hasty accessions,” Barley told the Neue Osnabrucker Zeitung on Saturday. “Once you’re in the EU, you can’t be excluded.”
She pointed to Hungary, whose conservative government has been accused by Brussels of eroding the rule of law.
“It’s all the more important that the criteria for accession, such as institutional stability, a functioning market economy and the rule of law, are fully met,” Barley said.”
Another does himself no favours
“Munich Security Conference Chairman Christoph Heusgen has called former Russian President Dmitry Medvedev “a clown,” according to a report in Bild on Saturday.
Heusgen, who previously served as German ambassador to the UN and a foreign policy and security adviser to ex-Chancellor Angela Merkel, made the remark during the Kiel International Seapower Symposium.”
Probably a bit upset cos
“European Union could suffer the same fate as the Soviet Union and disappear from the map before Ukraine becomes a member, former Russian President Dmitry Medvedev suggested.”
@“European Union could suffer the same fate as the Soviet Union and disappear from the map before Ukraine becomes a member, former Russian President Dmitry Medvedev suggested.”
I think that is the end goal, especially after continued resistance from the EU financial block, it is your double down card_.
Gonna be a train wreck just waiting to happen.
The Europeons ought to just get it over with and let Russia join the EU and NATO.
I cannot ever imagine that Russia will want to be ruled from Brussels.
NATO and the EU are past their sell by date.
Which would mean Russia must accept the US dollar rule and perform as one more busboy for the western corporate globalists, like their American and European colleagues.
Thanks Pepe for an excellent overview.
It isn’t a coincidence, that BRI is primarily on land, and on a fine distance from seas where villains ‘might’ hurl a rocket from a boat. Did I write villains? Did I mean people who want to ‘rule the waves’? Word was already around for years that pirates were secretly paid by certain businesses from the City of London to do regular stuff, in order to keep the premiums high enough.
Also a serious stick into the wheel of the Cebrowski doctrine, finely described here by Thierry Meyssan: https://orientalreview.org/2021/05/26/the-rumsfeld-cebrowski-doctrine/
Piracy is going to be *big* the coming time. Forget cute stories like Jack Sparrow or Lawrence of Arabia, this is serious and ain’t going to be pretty. We’d better stay buckled up for now and also the coming years, even when cooler head prevail for the short term.
Stay safe and cheers, Rob
But piracy of Russian/Chinese vessels by US warships would not last long. Kinzhal ship killers could remove the pirates quite legitimately .. and you only need to do it once for the message to be received.
At the moment, the USA preaches ‘freedom of navigation’ and uses an expensive navy to enforce that. Kinzhal missiles can achieve the same thing against state actors (but more difficult against Somali pirates) for a fraction of the cost.
Kazakh President Tokayev was in Tehran today signing several agreements with the Iranian counterpart. In addition, there’s also this hugely important route from Kazakhistan and the Central Asian Stans across Iran to the Oman Sea and PG which will compliment Russia – China corridor.
The US/West wont go quietly.
They could make some more noise but not much else. Their best chance was sanctions and also dollar-paid 5th-6th columnists active in all countries to thwart the Eurasian integration process. However, there’s nothing they can do now to stop it from happening. Special thanks to Russia for her timely action against the spread of NATO via Ukraine.
Here is an article that takes a serious view of Russia’s future by Ivan Timofeev, Valdai Club Programme Director & one of Russia’s leading foreign policy experts. Removed. No attacking the author. Mod.
There is plenty of opportunity but plenty of potential problems as well. From the article.
‘It is likely that the West will have to endure the new status quo in Ukraine, but this does not mean the defeat of its model. Russia does not systematically challenge this system and does not have a complete picture of how to change it. In Moscow, perhaps, they believe that the structure has become obsolete and expect it to collapse by itself, but this conclusion is far from certain.
The second factor is the consequences for Russia itself. By avoiding promoting a global alternative to the liberal order, Russia will at least have to decide on a programme for its own development. So far, its contours are also built mainly around the denial of the West and its models in certain areas. Nevertheless, the vast majority of other non-Western countries, while defending their sovereignty, are actively developing and cultivating Western practices that benefit them. These include the organisation of industry, developments in the field of science and education, and participation in the international division of labour. ‘
Shows the analysis has struck a nerve for you.
Also, I’d say Timofeev was generous when mentioning “Western practices” (I’m speaking from you quote, since you didn’t give a link). First, the practices mentioned are hardly western-exclusive, and second, the truly western practices (lying, deceiving, exploiting, etc) were not mentioned.
What would western fan-boyz you and Timofeev say about this :
Glazyev’s regular update is For Thinking People.
Russia is fighting for the preservation of mankind 6
The West has no image of the future: chipping, artificial intelligence and dehumanization, LGBT, the destruction of the family, the cessation of all forms of human identity – this is an image of death, not a future.
We are now addressing the fundamental questions of our being. And a special military operation is a catalyst for this process of understanding our place in the world and of course, we need an image of the future. I would like to draw your attention to the fact that the special military operation, which was originally declared as denazification, demilitarization – we understand what this means for Ukraine – is now gradually rising the stakes on this front.
Everyone is already saying that this is a global hybrid war, although it was clear from the outset that the special operation in a much broader context should be considered. Now many believe that this is a civilizational war, where different worldview systems are opposed. It is clear that this is a war of good against evil and a war for the survival of mankind in the long run.
Before talking about the image of our future, I would like to draw your attention to the patterns of long-term socio-economic and political development. We – I mean a group of scientists of the Academy of Sciences who work in long cycles of economic and social development – firstly, managed to foresee this particular war of 2022. Back in ’14, it was clear that the challenge we faced, which resulted in reunification with Crimea, would certainly affect the entire Russian world, including the territory of Ukraine. I even got a book called World War Last: The U.S. Starts and Loses.
Somewhere what we see today was almost accurately formulated, including the number of Armed Forces of Ukraine and the role of the Americans and the British in this occupation of Ukraine, as well as the cultivation of Ukrainian Nazism. All this was predicted almost to the point of detail. We continue our research. According to which the peak of the confrontation falls on 2024. This is a forecast that my colleague gave 10 years ago, when there was no current military operation and even before 2014. And then there were no new political seven-year cycles.
Why is it 2024 and why are we in this situation of hybrid warfare? The fact is that the modern period is characterized by two simultaneous revolutionary events. The first is the technological revolution, which used to be talked about a lot. It is called differently, we say that this is a change in technological modes. And always this change in technological modes occurs through the economic depression, which in this cycle began in the world in 2008 – with the beginning of the global financial crisis.
And in the course of this transition phase, a new technological order has already been formed, a well-known complex of nano-engineering information and communication technologies, which is evolving not only into the economy. But in the ways of warfare, too. What we’re really seeing is that we’re not just facing an adversary that’s based in the Pentagon and MI6. Our troops are facing artificial intelligence. This is already a war of the new technological order.
But a more important point is the change of world economic structures in the context of our current topics. The change of national economic structures is a process that occurs once a century and during which the system of government changes. Previously, we would have called it the process of socio-political revolution, but, speaking in a modern way, this is a cardinal change in the institutions of world economic relations, production relations and the entire system of management of socio-economic development, which is accompanied by a change in the centers of the world economy.
The world economy is rapidly shifting to Southeast Asia, which already accounts for more than half of the increase in gross domestic product. And in this new center of the world economy, a completely different management system has been formed compared to the one in which we live today. I must say that the change of world economic modes, you see in this picture above. These are world economic structures with a cycle of change once a century. And at the bottom are the technological, the change of technological modes, in which the cycle of shift phases is about 50 years.
Technological modes are well known in the literature as long Kondratiev waves, more precisely, the life cycles of technological modes and their growth phase are a long “Kondratiev wave”. The growth phase of the world economic order is a secular cycle of capital accumulation.
Once a century, there’s a dangerous resonance when we’re faced with a technological revolution, a socio-economic revolution, and a socio-political revolution at the same time. Not only is the technology changing, it’s the mindset that’s changing. The ideology is changing, if you will.
As an example, let us cite the previous phase of the change of world economic structures. This is a process that always, unfortunately, takes place through world wars. World wars in this case are due to the fact that the ruling elite of the previous center of the world economy does not want to part with its hegemony and tries with all its might to keep it, up to the unleashing of a world war. 100 years ago, when the colonial world order changed to the imperial world, he went through two wars, through the First and Second World Wars, between which there was a great depression.
The colonial world economic order is a system of production relations based on a private family firm. Politically, the Greatest scope of this world economic order was received by the British Empire. Where the combination of the institutions of state administration, the core of which was the monarchical rule of Great Britain, with private capitalist enterprise, gave rise to the English bourgeois oligarchy, which managed to organize large monopolies of the commercial and manufacture type, which ensured the dominance of Britain in the seas and oceans.
This is the world economic structure of the colonies, where the Russian Empire also played a significant role. This way of life exhausted its possibilities for development by the end of the nineteenth century. This was due to the fact that the possibilities of using slave labor were exhausted. The model is well described by Marx. When people were trafficked as a human commodity, on a huge scale – not only in the colonies, but also in the metropolises. People were operated for 12 hours a day without days off. Private capital used such labor as the main source of enrichment. There was no labor law, no trade unions, no welfare state. All this appeared with the imperial world economic order.
But here it is important to understand that the UK has reached the limits of development and countries with more progressive systems of governance have begun to step on their heels. Including the Russian Empire, Germany, Austria-Hungary, the United States. British intelligence agencies provoked the First World War, as a result of which Britain became a world leader. It would seem that it intensified as much as possible, but only 20 years passed – and the Great Depression was dragged in. No measures to save the British Empire helped. They then – as today the United States against China – waged a trade war against the United States, imposed an embargo on the import of American goods.
It ended with the fact that during the Second World War, the British Empire, although it remained among the winners, could not use the victory due to the archaic nature of its system of government. No one needed her anymore. It was no longer making any economic progress. Economic growth based on the exploitation of slave labor ceased to yield surplus product. The British Empire collapsed just 2 years after World War II. This is important to us now from the point of view of historical analogy.
A new world economic order. We called it imperial because for the first time in the world it covered almost the entire planet. Two-thirds of the world. The other third was the Soviet Union. His world economic structure was based on a social state, on vertically integrated large production structures. On the issue of money and the use of money not so much as capital, but as an instrument for financing economic growth.
In general, the world economic structure was in three ideological varieties. The first two are well known to us. The Soviet system with scientific and production associations led by the Communist Party, which built socialism with a claim to communism. The American system, which was based on transnational corporations and the boundless emission of the dollar, which allowed them to conduct world expansion.
And the third system, which sunk into oblivion thanks to the feat of the Soviet people, is the system of European fascism, in which German National Socialism, together with the Italian corporate state and with Nazis of all stripes from various other European countries, tried to impose on the world their Nazi version of this world economic order.
I would like to note that the colonial world economic order actually turned out to be absolutely uncompetitive. Britain lost the war in Europe to German fascism in just two years and only the might of the Soviet Union and the help of the United States, a country that already had a new system of government, managed to crush this fascist scenario. And then Britain’s colonial system ordered a long life.
That is, this historical experience shows that the change of world economic structures passes through public consciousness, of course. And the emergence of a new management system, and this is primarily the relationship between people, cannot but be combined with a new system of ideas, views and principles.
Now we have a similar process going on. We are moving away from the imperial world economic order, where only the United States remains. There, this transition began with the collapse of the Soviet Union. Just like 100 years ago, it has been going on for 30 years. Just as the previous transition lasted almost from 14 to 1947. So the current transition has been going on for a third of a century.
After the collapse of the Soviet Union, which was the first to fail the requirements of scientific and technological progress, we now see the collapse of the United States. The U.S. is no longer a world leader. In an attempt to overcome the global financial crisis at the expense of money pumping, the United States eventually led the situation to the breakdown of the entire financial system and the growing inflation, which already reaches 30% at the prices of enterprises.
We saw the self-discrediting of the American system in the last presidential election, which was actually rigged. America is no more attractive. In addition, compared to China and India, which have been brilliantly passing over the past 15 years, both the US and the EU, despite a fourfold increase in the monetary base, have not been able to embark on sustainable economic development. The efficiency of the Western management system – if we take the efficiency – the money issue is 20-25%. Only every 4th or 5th euro that is issued goes into the manufacturing sector.
In China and India, a fundamentally different system of governance has formed, which combines strategic central planning with market competition, where the state plays a dominant role in the organization of money circulation and provides private business with unlimited access to money, if this leads to an increase in public welfare.
All forecasts show that by the end of this decade, the old world economic order will be reduced by more than half by now, and the core of the Asian accumulation cycle – China India, the countries of Indochina, Japan, Korea – will already absolutely dominate all macroeconomic indicators.
This process is irreversible, but the closer this transition is obvious to all, the less forces remain in the core of the old world economic order, the more aggressive they become. And here the same mechanism of hybrid warfare that the British used in the First World War and in the Second World War works. We called them hybrid because the wars were for territory.
Within the framework of the new world economic order, wars are now for the consciousness, for the minds of citizens of different countries and, unlike the war of the last century, the current war is a war, first of all, for dominance in the public consciousness. Therefore, the main front is the information-cognitive front. Here, the issues of ideology are the main ones.
The second most important front is the monetary and financial front, where the United States and the European Union still dominate. And only in the third place are tanks, missiles and aircraft used, which in fact, within the framework of this hybrid-world war, are designed to punish the defeated. That is, to destroy, to destroy any desire for resistance and the like.
Just as Great Britain unleashed the First World War, when it already understood that the combined power of Germany, Russia, Austria-Hungary exceeded the British and a few years remained for a turning point in world leadership, so the American ruling elite started a world hybrid war. At the same time, as we can see, the US trade war against China is unfolding. The sanctions war against us has been going on for more than 8 years – and this aggravation of geopolitical tension today results in dramatic events in which we are fully involved today.
What is the difference between the new world economic order and the previous imperial one? Notice that the state that is formed today in China and in India, it absorbs all the achievements of state-building of previous eras. It is a social state. It is a democratic, legal state, but at the same time it is sovereign. That is, the peculiarity of the new world economic order is that the leader state does not try to impose its models on all other countries.
If in the imperial world economic order there were three models, two of which took place – Soviet and American, and the third, which did not take place – the German fascist. They tried to remake the whole world in their own image and likeness. Everywhere create the same fractals as in the center.
In the new world economic order, world economic sovereignty is being restored. This is a fundamentally important point. The state in this new world economic order restores moral values. It is a humane state, just, intellectual, responsible and, in short, ideologically, it is a socialist state.
But in China, we see the familiar image of the Communist Party at the head of this state. India has the largest democracy in the world, but let’s not discount Gandhi socialism. All these traditions are alive and the management models – I draw your attention – in China and India are quite close. State control over the banking system, unlimited lending to the growth of production, the use of the market for the purposes of economic efficiency of market competition.
The state stimulates private entrepreneurship, and infinitely stimulates if it brings income. Hence the growth of the well-being of the people. If private entrepreneurship is destructive, engaged in speculation, trying to cash in on the destabilization of the economy, such entrepreneurship is strictly blocked. Both China and India have strict exchange controls, and the export of capital is not allowed. Money is provided from 0% to 4-6%, depending on the priority of loans. Targeted credit emission is widely used as a strategic planning tool.
We called it integral, because the state gathers society here. It gathers different social groups around the main criterion – the rise of public welfare. Accordingly, all economic policy is built under this criterion. Let’s compare the essence of the economic policy pursued in the new world economic order.
Here, comparing the existing models of the Washington consensus, I will draw attention to the main difference. First, the goal of economics is not to make money in any way. The goal of the economy is to raise public welfare.
So hence strategic planning, hence the use of money as a tool. Hence progressive taxation and practical measures to ensure social justice. All the requirements of the welfare state are in education, health care. Which should be free, ensure the reproduction of human capital in the most complete way. The tax system of the tax budget is focused on development, and not just on the so-called “functions of a police bureaucratic state.” Prices are regulated based on the desired proportions of the reproduction of the economy.
In labor relations, cooperation dominates, the antagonism between labor and capital disappears completely. In our understanding, the people’s enterprise acts as the dominant form of private property. An enterprise in which workers are also owners.
This is how Huawei, Xiaomi and others grow up, which grow out of cooperatives. That is, this is an economy of social partnership, where money profit and everything that torments our economy with the export of capital, all this is limited in the system of economic regulation so that people’s income grows. And the entrepreneur grew in proportion to his contribution to the rise of public welfare.
And here there are no questions whether industrial policy, agricultural, scientific and technical policy is needed. These are all obvious key areas of public policy that manage the market mechanism in the way necessary to raise public welfare.
Turning now to the ideological versions of this new world economic order. In China, the construction of socialism continues. Although with Chinese specifics, but this should be understood in this way. If Soviet socialism sought to make the whole world happy, we wanted to achieve a socialist system all over the world, spending a lot of money on it, then socialism with Chinese characteristics means that the socialist idea and the national idea go together.
And in China, we see the following slogans – this is a society of universal prosperity, this is the great revival of the Chinese nation. That is, here the idea of socialism and positive nationalism, which does not claim national exclusivity, but prioritizes the well-being of its own country, is a key characteristic.
We see the same thing in India. A combination of socialism, a market economy and a national idea. The national idea, although it is applied in terms of the growth of welfare. This is understandable for a country that has a gigantic population that has lived in poverty for centuries. For them, the rise of well-being is a key point, no national idea. Moreover, unlike Soviet socialism, which grew up in the atmosphere of a “besieged fortress” and at the same time inevitably had mobilization features and suppression of personal freedom for the sake of saving society and the state, there are no such risks here. Not in China, not in India.
But it is obvious that the further development of the world in the foreseeable future will take place in the same way as in the 20th century, where there was competition between the communist Soviet Union and democratic America. Now the confrontation will unfold between the “democratic West”, communist China and democratic India. The question is where we will be.
There is a third version of this ideology of the new world economic order. In fact, it is a continuation of the Nazi Western, so to speak, ideological vector. Racism dominated the English empire in the 19th century, Nazism dominated Europe for a long time during World War II.
And now the receivers of this misanthropic form fill it with the content of posthumanism. An electronic concentration camp, everyone must march in formation and obey the requirements of the World Health Organization or other analogues of the world government.
That is, it is the idea of a transition to a posthumanistic, posthuman state, when people are seen as an instrument of manipulation. More precisely, the object of manipulation – and the ideology is built under the atomization of society.
That is, the main ideological vector is the deprivation of people of any collective identity. National identity, gender identity. In general, human identity even. People begin to perceive themselves as anything – cyborgs, animals, plants.
Dehumanization is underway, and this kind of posthuman material is being built into easily manipulated and artificial intelligence, replacing, in general, ideologists, imposing its own models of behavior on this post-humanity and forcing people to behave in the way that is necessary for the world artificial oligarchic management.
At the same time, we see the development of methods that allow us to bring this posthuman society to any state. To the point of collective self-destruction. I’m sure if they start injecting a vaccine with some poison, there are already mechanisms, most will build up and take this vaccine.
We are in this transitional global state on the periphery, frankly speaking. After the collapse of the Soviet Union, we found ourselves on the economic periphery of the United States. Our country was used as a typical peripheral country, from which billions of tons of resources were pumped, capital was pumped out. The brain drain from us to where the Bologna system was needed.
Those who pushed the Bologna system were all embarrassed to say directly that the Bologna system is needed in order to facilitate the brain drain. That we trained qualified personnel here for free, they could easily and naturally roll over, receive master’s education abroad and stay there. We have been made into a peripheral country with all its characteristics.
Now, after the West went to war on us and erected barriers in almost all directions, we are talking about a paradigm shift in governance. But we must understand that so far this change in our management system has not even affected at all. It’s on the other side of the barriers that have been erected that our governance system has hardened. That is, they made it difficult to export capital, but I note that as soon as the situation has stabilized a little, our monetary authorities again begin to export capital.
Again they begin to stimulate the export of capital! At least take away in rubles, at least take money from us! That is, our “monetary power” works the same way as before. They are not given the opportunity to create conditions for the outflow of capital, in fact, the possibility of applying the budget rule has been canceled, but all this still remains and the budget rule has not gone anywhere yet. It simply cannot be used in the conditions of seizure of foreign exchange reserves.
We introduced mandatory sale of foreign exchange earnings in order to stabilize the exchange rate. Now they want to continue to leave foreign exchange earnings abroad, perhaps they confiscate it in the same way as state foreign exchange reserves. That is, our monetary policy remains deeply peripheral, it still goes according to the rules of the IMF and the Washington Consensus.
Because of the sanctions, society suddenly realized that we are a very rich country, that we could live twice as well as we live, because the outflow of capital has stopped. As soon as the outflow of capital stopped, the ruble immediately rose, purchasing power increased by 1.5 times and the strengthening of the ruble went further. That is, until now, the main objective function of the “monetary authorities” was the enrichment of currency speculators.
This is what the Central Bank worked for. Inflation targeting is ridiculous, because the main factor in inflation is the devaluation of the ruble exchange rate in a situation where the formation of the ruble exchange rate is carried out by speculators, primarily international speculators. And only 5% of transactions on the Moscow Exchange are transactions for exporters and importers.
Obviously, the ruble exchange rate was manipulated all these 8 years. On this, tens of billions of dollars were taken out of Russia. It was currency speculators, where american speculators played the main role, who were the main beneficiaries of the monetary policy. Now, due to political sanctions, this has become impossible. We are being forced, forced to move to a new management system.
What should be the management system? There’s no need to guess here. We see examples of a new system of governance in China and India. This is, of course, a mixed management system, where the main setting works for the purpose of improving public welfare. The state is engaged in strategic planning.
Here is Elena Vladimirovna Panina, one of the authors of the law on strategic planning, who put a lot of effort into its promotion. We have had the law for many years. But at first its implementation was postponed, now it ends with the writing of tens of thousands of documents on strategic planning, but there are no mechanisms for its implementation.
Although if you look, we have everything separately. The mechanism of private and public partnership, special contracts, multilateral investment agreements, special refinancing tools that the Central Bank could use to bring cheap loans to increase investments. Individually, all this is there, but in general the system does not work.
For many years, we have been proposing to move to a system of advanced development, where emphasis would be placed on the strategy and modernization of economic development on the basis of a new technological order. According to our estimates, we could achieve growth of at least 8% per year, using idle production capacities, saturating the economy with money and allowing enterprises to receive loans at a maximum of 2-3% for the final borrower, for financing investments, for increasing production.
This is the fullest possible use of our scientific and technical potential, this is an in-depth processing of raw materials. We have no restrictions on economic growth, except for the artificial high cost of credit created by the “monetary authorities”. Enterprises can not take a loan not at 18%, not at 11%, you need to bring a loan at 1-3% per annum, as is done in China and India.
In the Eurasian Union, we are fighting roundwood exports, we have imposed an embargo, but for some reason timber is being taken to China. Because in China, the state allocated as much money as it needed, at 0.2% per annum for 10 years – in order for business to create an infrastructure for processing, packaging and harvesting Siberian timber.
They created the infrastructure, they then began to provide our procurers with interest-free seasonal loans and, not being able to take a loan from us, our loggers go to China and take loans there. And they bring them timber – voluntarily and without any coercion. Within the country, they do not have the opportunity to take loans to harvest timber in the season and then, having sold the products, return them back.
That is, we see a real possibility of reaching high growth rates of at least 8% per year, so I cannot agree with the forecasts of our official departments, which draw us (following Washington) minus 8% this year. Where does the minus 8% come from? From the World Bank and the Monetary Fund.
From Washington, they are trying to impose such a pessimistic forecast on us that “you will have minus 10, because you started a military operation.” Where does the figure of minus 10% come from? The EU cuts off exports to Russia and imports from Russia too. Further, according to the econometric model, they hypothesize that Russian foreign trade will shrink by 30%. And according to this model, which, in fact, is an extrapolation of the existing interconnections in the economy, they say that in this case you will have minus 10% of GDP. Although the president tells us that we need to seize opportunities.
At the last Eurasian Economic Forum, he said that foreign companies are leaving – and maybe it is better, let them leave, let them create these production facilities ourselves. Let’s do import substitution. Let’s fill the outgoing quota of the European Union with our own production. We will develop cooperation in the Eurasian Union and develop relations with our Asian partners.
That is, if we deal with the development of the economy, where money is not an end in itself, but is an instrument for lending to production, then we can quite easily go this year without a recession. On the contrary, we can make an economic boom out of this crisis and the departure of European competitors. The boom in entrepreneurship. To do this, you need to give loans.
It is necessary to realize the goals of raising public welfare. And not by simple cash injections of people to maintain life, but by creating new industries, new jobs. The President has said this many times, but as a result, what we have today in terms of measures to stimulate economic development is, in fact, a continuation of the Covid small relaxations in terms of regulation. Unfortunately, in terms of reducing the bureaucratic pressure, there are probably no real opportunities for increasing import substitution investments and implementing long-term development programs.
Concluding my speech, I will say that the image of the future, I think, is quite obvious. If we understand that before the end of this century, it is likely that the American hybrid war will end in failure for them. In their Russophobia, which is in their subcortex, they may not realize this yet. Therefore, having China as the main enemy, they attacked us, since Russophobia is embedded in Anglo-Saxon geopolitics.
Geopolitics, which teaches American and British politicians, is based on books of the 19th and 20th centuries – from Halford Mackinder to Zbigniew Brzezinski, and everywhere the main idea is “how to break up Russia.” Geopolitics is a classic pseudoscience on the topic “how to destroy Russia in any of its historical forms.”
They became a victim of their genetic Russophobic orientation. They lost to China in the trade war and now they are clinging to us. When Crimea was reunited with us, I repeatedly said that there would have been sanctions in any case. Would they be reunited with Crimea or, on the contrary, disgraced, there would still be sanctions. And today’s war, we also understand, was inevitable. Just 8 years ago it was possible to do without war and take the entire south-east of Ukraine without a single shot, people themselves went to us.
Now we have to correct this delay at the cost of great effort and sacrifice.
But this conflict was inevitable precisely because of the genetic Russophobia of the American-British ruling elite, which is the core of the essentially ideological and economic Western world, and they seek to erase us, as they put it, without any equivocation, I would say.
Don’t underestimate that. When the Polish prime minister says “erase”, it means to erase naturally, as it was in 17, when the Russian Empire was erased. As it was after the Troubles, when the Muscovite kingdom was erased. That is, there were precedents when Russia was erased – erased ideologically, culturally, up to the destruction of all monuments, wherever they could reach, to the burning of chronicles and the like.
That’s their plan. They think Russia is the key to world domination. In their delusional minds, it is. In the foundations of their Anglo-Saxon geopolitics, since the time of Mackinder, they have been teaching that in order to control the world, you need to control Eurasia, they call it a big island. In Eurasia, the main one is who keeps control. it’s Russia.
Therefore, in order to control the world, it is necessary to seize Russia, to fragment it, to destroy it. Then the next goal is the destruction of Iran, it’s obviously perfect. And then they think that by taxing China on all sides and isolating it from the rest of the world, they will maintain dominance, maintain hegemony.
This is an absolutely utopian project, they will lose the war. They are already losing a key advantage before our eyes. Those notorious sanctions, because of which we lost foreign exchange reserves and our offshore business today does not know how to continue to work.
In fact, from the point of view of further prospects for hybrid warfare, this is a hoax of the trump ace, because they had the main advantage in the issue of the world currency. And then they played their trump ace. They no longer have a world currency, no one believes them anymore – neither politically, nor ideologically, not economically. A mass exodus from the dollar began.
The Chinese are selling dollar reserves. Their satellites are afraid to do this for now, but here who sells dollars faster will lose less. Clearly. Let’s not forget that half of the dollars that Americans print on a huge scale are outside the United States. This wave of dollars is coming back to America today. If earlier it was believed, they say, it is good that capital is being drawn into the country, now the avalanche is clearly acquiring inflationary consequences and the collapse of giant financial bubbles that make up the Western financial and economic system is not far off.
Today we are thinking about creating a new settlement currency that would be tied to commodities. We are building a conjugation with China of the union “One train – one track”. We are trying to restore international law in Eurasian integration and strictly adhere to the principles of voluntariness and respect for sovereignty, mutual benefit and transparency. That is, we are creating an attractive image of a new world order. A new world economic order.
The trouble is that without outstripping economic growth, our vision of the future will not be convincing. Please note that our Eurasian ideologues, for example, Trubetskoy, they brilliantly foresaw in the late 20s of the last century the collapse of the Soviet Union, which had just gotten back on its feet.
He said that after the state of workers and peasants exhausted itself, a new community would be formed, a supraclass one. The Soviet Union will lose its ideological core and collapse. Then the era of nationalism will come. The fragments of the Soviet Union will be seduced by nationalist ideas in order to bring our big country together again. And then it is necessary to overcome nationalism and eradicate Nazism, of course.
No national or other exclusivity should be allowed! And the basis for a new union can only be an understanding of the commonality of its history. Notice how the Chinese intercept the slogans of the Eurasians. China calls on all peoples to unite with a shared future for mankind. What are “nations of common destiny”? These are the peoples of one country. This understanding of the common destiny of mankind is, in fact, the ideological basis of the greater Eurasian partnership that our president is talking about.
But in order to be a leader in this partnership, and not a periphery, it is necessary to ensure an advanced pace of economic development. This requires the ideology of a common cause, a common good.
In conclusion, I will briefly say that this ideology must absorb the achievements of socialism. It is no coincidence that both China and India are dominated by socialist ideology, with different political constructs. Socialism as an idea of the common good, where the main meaning of the state is service to society. The state does not serve certain social groups, as we have an oligarchy or bureaucracy or anyone else. The state is seriously and truly engaged in improving public welfare.
Therefore, of course, the socialist idea must be present. Without it, a new way of life is impossible, besides, it has already developed. Socialism must return again as the dominant ideology, the core of the world economic system of Southeast Asia. If we look at the Japanese model or the Korean one, we will also see familiar features of socialist ideology. This is a state that plans, a state of development.
As for the issue of ethical values. The new technological order really challenges humanity in the sense that the transition to a posthumanoid state is technologically possible. The emergence of cyborgs, manipulation of consciousness, artificial intelligence. These are all signs of a transition to a post-human civilization, and if we lose our traditional ethical norms, if we allow this new oligarchic world government to dominate, do not expect good things. In this case, humanity is finished.
And, since we are on the front line of hybrid war, we can really assume that the war with the West is for the fate of mankind. And the West today has no image of the future. Universal chipping, artificial intelligence and dehumanization, LGBT people, the destruction of the family, the cessation of all forms of human identity – this is an image of death, not of the future. This is what the West brings us. Since we are in direct confrontation with him, we can assume that we are really fighting for the preservation of humanity.
The question is what the ideology should be here. Obviously, it should be based on traditional values. In short, it should be a largely disgraced image of Christian socialism in Europe. With the understanding that we have not only Christian socialism, but also Islamic socialism, Buddhist socialism. I would call this ideology a socially conservative synthesis. A combination of traditional moral values that have grown out of great religions with the demands of social justice, the welfare state, and the state of development.
This message is pure gold. Thank you
Thank you for providing this.
As an indication of the state of the world today, I notice that both Putin and
Biden recently hosted an international conference.
At Putin’s conference in St. Petersburg papers and speeches such as the above were presented. The world attended, and the world paid attention.
In contrast, at Biden’s conference in Los Angeles, there were as many apologies as acceptances, and no one, not even the attendees, seem to have paid much attention.
The world is looking for direction, for inspiration, for leadership. It’s fairly clear where we are looking to find that.
Now, Britain was deliberately bankrupted by the US by the latter supplying Germany with oil products, for example additives without which the Luftwaffe could not have operated during the Blitz. Germany received oil products via Tenerife until 1944 over British protests. US was NOT having the UK preventing it from taking control over the global currency as BoE managed to do after WW1 (this created an unstable world monetary structure and set the scene for another war, together with the treatment of Germany). It worked, US became global hegemon – a structural copy of the British empire. Strong central bank supported by intelligence service, BoE – Mi6 — > Fed – CIA.
To call developments in science and education a western function is plainly ludicrous. You obviously consider woke ideology as progress
When your enemy is busy destroying themselves, give them ammunition.
– Some Chinese guy, probably.
Margarita Simonyan, RT Editor, was put in her place by Kassym-Jomart Tokayev:
And juice packaging has no place here.
To reduce the economic plan of Russia to juice packaging sounds very American where economic thought is nil!
See : https://thesaker.is/president-putin-st-petersburg-international-economic-forum-plenary-session/
Yes, I noted that and thought it was a very public slap down . Clearly something else Simonyan has said or done has annoyed Tokayev enough for him to think a bit of public humiliation was in order.
“The contrast between the St. Petersburg debates on a possible re-wiring of our world – and the Three Stooges Taking a Train to Nowhere to tell a mediocre Ukrainian comedian to calm down and negotiate his surrender (as confirmed by German intelligence) – could not be starker.”
There actually were 4 Stooges, Romanian Johannis turned up unannounced too.
The Great Stooge of All, Boris Johnson was not there, turned up a day later to sell weapons.
Now, JAW-JAW is much better than NLAW-NLAW, no point in filling up mass graves and hospitals to freeze in Winter.
The fate instore for the rump Ukraine after the SMO is over:
Brought to them by the grandsons of these men:
Meanwhile back in France : The Spirit of DeGaulle is alive !
DeGaulle’s son Pierre gave a speech 18.06.2022 reminding one of DeGaulle in Moscow : in French and fluent Russian :
Meanwhile the Rn in France has entered the parliament in force and the Italian communal elections were won by the fratelli d Italia.. 2 nationalist parties. It seems that indeed V. V Putin is right, the traitors in the EU will soon be history.
I read this article to a group of friends and family taking time to explain some of the more complex elements that many are not familiar with and answering questions on this Dad Day.
When I finished I just let everyone soak it in, I didn’t press it at all. About an hour later someone said “Wow! I just can’t stop thinking about what you read, I mean this is crazy…what is the US doing about all this?”. Others expressed deep concern also.
Not the response I thought I would get to say the least.
Pretty soon we’ll be spending our holidays along this route. Exciting!
Screw those Med cruises, starve the beast.
“……we now see the collapse of the United States. The U.S. is no longer a world leader.”
In no way are we defending the US, however, it’s going to take some time before the US Financial/Military System falls. America’s Super Wealthy are doing just fine.
What IS happening are the bitter struggles by the poor, lower income and growing portions of the middle class. After most ALL industrialization was destroyed by the very wealthy, starting in the late 70s-to the early 2000s, millions of Americans lost jobs ending up with low wage, part-time jobs while the cost of “services” (medical, auto/home insurance and mortgages, and credit card debt have risen to astronomical costs.
It’s the majority of citizens in America who are failing. That’s where the “collapse” is occurring in America.
Must read again, all over after rubbing my eyes in a bit of disbelief.
Bcs it deserves a hell lot and … how welcome we cheer to finally turn the corner and and stumble into a frank and call spade a spade language.
It s been a long way since Dec 31, 1999 the day mr Ieltsin took the wisest decision of his life.
Regarding railroads here is an interesting piece of historical input from Dr. Cantelon:
“On June 19, 1970, the American people escaped a national economic crisis by a mere hairline. The 6th largest enterprise in the US, the largest railroad of the country, the Pennsylvania Central went bankrupt. The bankers were confidant that the government would bail them out. They gathered in the northwest conference room of the tenth floor of the Federal Reserve Bank of New York to sign papers as soon as the word came from Washington.
But Congressional disapproval had been hardening. Wright Patman, chairman of the House Banking Committee, refused to grant $200 million loan, declaring it would be “only the beginning of a welfare program for the giant corporation.” What could be done? The Federal Reserve System had been criticized for cutting off money too abruptly in 1966 and of increasing it too fast in 1967 and early 1968.
If stockholders across the nation became concerned that their stocks in this or any other company were to lose their value, they could commence a run on the banks in seeking to cash in their stocks that would deplete the reserves of the banks of America and throw the entire nation into chaos. Needless to say, tension was high, and furious action was taken to stave off a national panic that could have created havoc in those days between June 19 and 23. Bankers of the nation lined up for loans of $1.7 billion hoping to be able to meet demands for money that would be brought to them by fearful stockholders wishing to exchange their paper stock for money.
Too few Americans realize that the banks of the nation operate much the same as the ‘Fractional Money Lenders’ of the past. If a large number of people were to desire their money from the bank at one time, the banks would have only a fraction of the amount needed. A national scare like the collapse of the Pennsylvanian Central Railroad could have started such a situation. this is why private banks strove to borrow extra money from the Federal Reserve in the face of such an impending crisis.
In 1944 a World Bank was born, an infant that soon grew into a mighty giant. the national problems that had brought into existence a National Banking Act and the Federal Reserve System were identical in many respects to the problems brought about the establishment of the Worlds Bank. in early pioneer days, men could do business with a local bank because few traveled far from home and seldom crossed borders of another state. Even by the turn of the century, few men traveled more than three hundred miles.
Overnight, the entire scene changed. with the age of automation, world travel became common. Men traveled across the oceans as easily as across the street. In a single year,
108 million Americans took 360 million trips totaling 312 billion miles.
In Europe, i watched the frustrations of people moving from one country to another carrying in their pockets a variety of currencies, each with a different value and a changing exchange rate from day to day. From the Bon Marche of Brussels to the American Express office of Frankfurt or the Hilton of Rome, i have heard the angry voices at the cashiers window declaring their currency to be worth more than the exchange rate they were being quoted.”
So only one question about a new silk road will history repeat itself? Will it all end the way it started a 100 hundreds ago with Kingdoms in Conflict?
Meanwhile, the economic siege of Kaliningrad intensifies. I’d suggest a Berlin airlift. That would make quite a statement.
“And that brings us to what wars from now will be fought about: transportation corridors – and not territorial conquest.”
So, they are taking it f2f with the hairy SeaPeople.
Looks like the Iranian navy has a real r2p transport job denying USA monkeybox antics in the Persian-Indian Gulf seaway.
Just go liberate Diego Garcia (Paradise island) and half the job done.
Yossarian: (whistles softly): That’s quite a game, that Great Game..
Colonel Korn: It’s the best there is!
One of the best ways to render a human being ineffective is to have them try to believe two contradictory things that are wholly inimical to each other – simultaneously. This way they oscillate and become incapable of action, similar to the scene in Rain Man where Raymond both wants to stay in the lodge and also go with his brother, which drives Charlie nuts.
Europeans are both obsessed with European peace, and simultaneously rabidly in favour of European war. That they are obsessed with European peace I can attest, since they start foaming at the mouth over Brexit and hate British brexiteers with a visceral, blind hatred that is frankly fascistic in the extreme, since it overrides all principles of democracy. But their core animus is the notion that brexit is a kick in the balls to the idea of a Europe living in peaceful and harmonious co-existence.
Nonethless, these selfsame Europeans, (yes, I am citing to real actual people here), simultaneously espouse war at all cost with their East European neighbours.
Mad uh? Well yes, it certainly is a form of madness. It is not Putin that is reducing Europe to rubble, he is merely letting it collapse under the enormous weight of its own internal contradictions. That’s just how Vladimir rolls – let nature take its course.
Whether they were planted there by an imperial power is not in any doubt in my mind, but whether the ultimate endgame for that imperial power is to turn Europe into a desolate Middle Eastern shithole-scape, that is another question.
“That’s just how Vladimir rolls – let nature take its course.”
Doing “nothing” may appear to be “doing nothing”, whilst it is a facilitator of encouragement of impatient interlocutors to act on their beliefs.
“ultimate endgame for that imperial power”
Given the content of the article, you seek to assign exagerated agency “for that Imperial power” as that “Imperial power” seeks to assign to itself, thereby increasing their complicity in the reduction of their agency, and hence perhaps you should consider replacing “endgame” with “outcome”?
Europe is starting to fall apart.
Macron has lost his majority in parliament, while both the far-left and the far-right made substantial gains. We can look for a lame duck French president for the rest of his term. Both the far-right and the far-left aren’t exactly keen on waging war against Russia.
Meanwhile, as the economic war against Russia drives up the cost of living across Europe, thousands have gone onto the streets protesting in Ireland and elsewhere.
Once again I draw attention to the supposed possible membership of Mexico in that G8 that Pepe is talking about. It’s not going to happen. Yesterday López Obrador reiterated, in a conversation he had with Lula and which he reported at his daily press conference, that he is trying to convince former Brazilian president and presidential candidate Lula Da Silva to create an American Union, similar to the European Union, which would include all the countries of the continent, in the face of the economic progress of a region (Asia), which constitutes “a threat of domination”.
Even López Obrador pointed out that North America should be economically integrated first, and then the rest of the countries of the continent should be integrated.
Thus, for López Obrador the threat is China, and he is willing to continue subordinating Mexico to the designs of Washington since he considers China the real problem.
Pepe surely believes that because Mexico did not join the sanctions against Russia and López Obrador did not attend the Summit of the Americas, he has already moved away from US dominance. These measures are just one way of expressing the Mexican government’s dissatisfaction with the pressures that the United States is applying against Mexico in energy matters, due to several litigations with US companies, which Mexico is losing ( billions of dollars). But it has nothing to do with the fact that the current Mexican government (or the one that follows in 2024), is going to break its dependence on the United States, with which it carries out 85% of its trade.
Rolando, did he make these statements in this morning’s Conferencia de prensa matutina? I’d like to hear it first hand. Can you give me a link porfa?
here is his american integration strategy https://www.youtube.com/watch?v=n6YnR6baFeo
AMLO is always a couple of steps ahead of what analyst tend to think about politics, yes we are dependent on USA in more than one way, but it is also clear that he has enough power to have a saying in sovereignity, production and jobs to increase peoples welfare and not just kneel to rentiers and financierist. He has a good relation with Biden (catholic, Guadalupano) and had a good relation with Trump, nationalist that took his proposals of south develpment seriously (if at all, money never flowed) and he is a leader in the south for some actions beyond words, like saving Evo in the coup, sending medical goods to Cuba in exchange for doctors…
For the Russian-Chinese-Iranian plans to succeed the EU as today constituted must disappear. It doesn’t do any good to build routes through Russia to connect Europe with Asia if the EU blocks those routes. And it’s doubtful any other route or routes are stable enough to fully use. So the EU will need to be broken up as a “super state” and returned to it’s first,and only good purpose,as a trade pact. Whether that can/will be done peacefully or through war is an open question right now. What’s not much of a question is that it must be done.
Don’t get me wrong though,I support those plans of connectivity. But not just to connect with Europe. But instead for the connection between those states themselves. All the states the routes run through need to have their economies
fully developed. And not simply be a route to Europe. There are around 1.4 billion people in China. Almost a 100 million in Central Asia (including Afghanistan). Over 200 million in Pakistan. Around 200 million in Bangladesh and Sri Lanka combined. Over 1.3 billion in India and Nepal. Over 400 million in Southeast Asia. And in Russia,Ukraine/Novorussia,Belarus together over 190 million people. As well as hundreds of millions of others in the Middle East and Africa and Latin America.That is easily enough customers to build an immense economic empire with,without even more product sold in Europe and North America.
The non-Western world’s strategy should really be simple. Develop your trade with each other first. And while not refusing to trade with the West,don’t ever count on that trade. Especially not as long as the states in the West are not sovereign states,but merely puppets of the US/Israeli Empire.Once they free themselves,or are freed by outside influence. Then they can be counted on to be able to benefit from the new trade routes coming into being today. But not until then.
Russia’s policy should be : ‘We will not follow any rules which we didn’t help create.’ Everyone should have a say in drafting economic regulations and treaties. The world cannot go on listening to western edicts. We can see that this leads to ruin.
Wild, dreamy stuff. I’ll add to the dreamy wildness. Mr. Putin’s message to the US of A:
Wishing Eurasians workers a prosperous future. They are a consumer market that these new trade corridors can serve vs. like in the USA and Canada where the workforce has priced itself out of the global market and consumers are maxed out on credit having gorged themselves on the cheap money and whose retirement is dependent on a ponzi racket backstopped by government. Aside from the coterie of useless eaters dependent on government handouts made possible by the money printing, the 20% employed in the public sector have gold plated retirement plans adding to the growing overhang of ten of trillions in unfunded liabilitie$$$$s. The jig is up. Like all Ponzis, it was never sustainable but they can lay the blame on Russia and Putin.