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2022-10-01 Europe
Michael Hudson on The Euro Without Germany
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Posted by DooDahMan 2022-10-01 12:14|| E-Mail|| Front Page|| [10812 views ]  Top

#1 "dominance unfold as Washington has planned"

[shakes head]. Not buyin' it.
Posted by Bobby 2022-10-01 14:08||   2022-10-01 14:08|| Front Page Top

#2 ^ That’s not his point. You stopped reading too soon.

Michael Hudson:
The problem is that its plans for how the Ukraine war and anti-Russian sanctions have worked out so far have been just the reverse of what was announced.

This is correct:

That may give some hope for the world’s future. The opposition and even contempt by U.S. diplomats to other countries acting in their own economic interest and social values is so strong that they are unwilling to think through just how these countries might develop their own alternative to the U.S. world plan.

The question is thus how successfully these other countries may develop their alternative new economic order, and how they can protect themselves from the fate that Europe has just imposed upon itself for the next decade.
Posted by Glamp Whomorong7514 2022-10-01 14:30||   2022-10-01 14:30|| Front Page Top

#3 Michael Hudson is one of the few westerners who understands the view of countries like India who are sick and tired of being bullied and lectured to by arrogant Americans.

“develop their alternative new economic order, and how they can protect themselves from the fate that Europe has just imposed upon itself”

^ Exactly so. It is happening with all due haste.
Posted by Glamp Whomorong7514 2022-10-01 14:43||   2022-10-01 14:43|| Front Page Top

#4 Most interesting read.
Posted by Dron66046 2022-10-01 16:38||   2022-10-01 16:38|| Front Page Top

#5  countries like India who are sick and tired of being bullied and lectured to by arrogant Americans.

That’s ok, Glamp Whomorong7514. You do us the honour of speaking plainly, so I shall honour you equally.

We are just as sick and tired of being lectured and condescended to by countries that demand we do their bidding in their interest and against ours, because they don’t want to do the work and spend the money to be able to do it themselves. We’re just politer about it.

One recalls the famous photo from 2017 of all the European leaders at the conference looming threateningly over the table where President Trump sat, not slapping them all as they deserved. And we haven’t slapped y’all since, even as current events show how very right President Trump was. How much of a threat would shutting down Nord Stream 1 & 2 be if Europe had contracted with the US as a second natural gas supplier, where both Russia and America would provide secure supply should the other suddenly misbehave? If the European countries had not unilaterally shut down their nuclear and coal-fired power plants? If European governments had not put the people who voted them into office absolutely last on their list of priorities?
Posted by trailing wife 2022-10-01 16:41||   2022-10-01 16:41|| Front Page Top

#6 So many… words. Is there a thought buried in there? And such ridiculous fake courtesy sprinkled on top of so much spleen — especially like the faux-aristocratic non-American spelling variant for honor.

It’s a delicious irony that American attempts to bully us into joining their retarded sanctions have only had the effect of enriching thousands of Indian oil traders and shareholders, reducing our energy costs while they are literally bankrupting thousands of European small business proprietors and causing the deindustrialization of America’s European allies.
Posted by Glamp Whomorong7514 2022-10-01 19:23||   2022-10-01 19:23|| Front Page Top

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