For at least half a century, the world has been in a process of self-destruction.
As the decline accelerates, the next phase of 5-10 years will include major political, social, economic as well as wealth – destruction.
What can be more heinous than a total economic and financial collapse accompanied by a potential World War III that at worst could destroy the world totally.
Biden’s recent visit to Ukraine and whistle stop tour of Europe confirmed that there is no desire to make peace but only war. More support of weapons and money from the US is forthcoming. And whatever the US dictates, Europe follows without considering the consequences.
At the end of his Warsaw address Biden stated about Putin:
“For God’s sake, this man cannot remain in power”.
Hmmm…. Hardly the talk of a peace maker
China on the other hand is trying to act as peacemaker but their proposal last Friday was cold shouldered by the West.
More importantly, the Chinese Ministry of Foreign Affairs issued an important policy document this week which is a very strong attack on the US hegemony called:
“US Hegemony and Its Perils”.
The attack starts in the introduction:
“Since becoming the world’s most powerful country after the two world wars and the Cold War, the United States has acted more boldly to interfere in the internal affairs of other countries, pursue, maintain and abuse hegemony, advance subversion and infiltration, and willfully wage wars, bringing harm to the international community.
It then goes on in detail to attack all the areas of US Hegemony like: Political – Throwing its Weight Around, Military – Wanton Use of Force, Economic – Looting and Exploitation, Technological – Monopoly and Suppression, Cultural – Spreading False Narratives.
The document exemplifies in detail the hegemonic policies and attacks of the US. Although US politicians will totally reject its contents, it is difficult to argue with the facts put forward by China.
As I mention regularly, I very much like America and its people but have difficulties accepting the policies of the Neocons who dominate US politics.
Here is an extract from the Conclusion in this Chinese document:
“The United States has been overriding truth with its power and trampling justice to serve self-interest. These unilateral, egoistic and regressive hegemonic practices have drawn growing, intense criticism and opposition from the international community.
Countries need to respect each other and treat each other as equals. Big countries should behave in a manner befitting their status and take the lead in pursuing a new model of state-to-state relations featuring dialogue and partnership, not confrontation or alliance. China opposes all forms of hegemonism and power politics, and rejects interference in other countries’ internal affairs.” (Here is a link to the full document.)
It is difficult to argue with this conclusion. But we need to wear the moccasins of the US and rest of the world and look at China from that perspective. This is to follow my adage to walk three moon laps in somebody’s moccasins before you judge him.
China is not attacking various countries in the world by force, but primarily using investments and trade routes to dominate the world like the Modern Silk Road called the Belt and Road Initiative. It sets out to connect 65% of the world’s population to China by creating a network of sea routes and land links. China is estimated to have spent $1 trillion so far but total estimates are as high as $8 trillion. It will most likely take decades to achieve and might become too costly as the world economy declines.
However, what is clear is that China is investing heavily in infrastructure around the world both in Europe, Africa and South America. For example China is buying up ports in a substantial number of countries. They are also investing heavily in the resource sector globally.
Regardless, the trend is clear. The West is in a long term structural decline and the shift to China and the rest of the East and the South is inevitable as I discussed in the article“AS WEST, DEBT & STOCKS IMPLODE, EAST, GOLD & OIL WILL EXPLODE”
All empires are ephemeral and this is what the US and Europe are currently experiencing.
The final stages of empires, like the Han, Roman, Mongol, Ottoman, Spanish and British always include the same ingredients some of which are:
- Excessive Debts and Deficits
- Currency Collapse
- Collapse of asset prices including property, bonds and stocks
- Hyperinflation in the final stages, especially in food, commodities & services
- Migration
- High Crime Rates & Breakdown of Law & Order
- Moral Decadence
- Social Unrest, Civil War
- Wars
As the West is now falling (& failing), we can tick all the above events also in the current collapse.
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