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Thursday, March 3, 2022

Pivotal moment in world economic and political history.

WORLD DIVIDE DEEPENS, POSSIBLY IRREPARABLE

NEW ECONOMIC AND POLITICAL ALLIANCES IN THE WORKS


It is obvious that the post cold war era is now over. This is an era were the United States was relegated to the role of the only remaining superpower. It was an opportunity to spread democracy and freedom around the world. It could have been successful, if by example and statesmanship we could have persuaded the world that we had the answers to prosperity and peace. Looking back we can objectively conclude that this era was a failure to move the world into a era of peace and trust. While the United States was the beacon of freedom and opportunity, the world has watched as it has moved to era of authoritarianism, censorship and the demonization and punishment of political opposition.

While the Ukraine war is the latest symptom of the real economic and political war that never really ended it is likely to be the pivotal moment were the divisions will be deeper and be possibly permanent. 

We see now that Russia is being intentionally relegated to a separate place in the world community. Most will claim that is the result of their aggressive actions in Ukraine. The policy of pushing Russia out of the western world economy has been ongoing for 20 years. It is now just blatant and obvious. Russia has understood this for at least the last 10 years, and now feels that they will engage in aggression to support their interests as the other super power has been doing for 30 years.

While the western world, Europe and the United States and the NATO members have been unified in their opposition to Russia on one side. We also see the other half of the world population is not so sure that they trust or feel secure in joining into this coalition. Many would be happy to stay out of the business of economic or political alliances whereby they lose their freedom to make choices in the best interests of their citizens. Trust is a fragile thing and many no longer feel that they trust the decisions of these alliances to be in their best interest.

China, while not a real ally of Russia is in some ways in the same political alienated boat. They have been considering for some time an alternative economic system not grounded in the United States dollar. They have also been engaging in a policy of  economic colonization of many countries with resources. 

The Middle East countries, which have all suffered from aggressive regime change policy in their region are reluctant and also interested in an alternative economic system. They are often feel cheated by selling their oil in exchange for ever devalued U.S. dollars. U.S. inflationary spirals in the past is what created OPEC. This coupled with the U.S. support of the nuclear deal with Iran for oil is very dangerous.

Even Israel is uncomfortable tying their future to just one source of support.

India, a neighbor of Russia with a positive relationship, is fearful of taking any irreversible move to join a political or an economic side.

While in today's world any positive view of our perceived enemies is considered treasonist, Russia under Putin has been engaging in a diplomatic campaign around the world that has created a positive view and trust with many countries not part to the European coalition. Many of those countries do not view Russia as a threat.

At the same time, the U.S.  policy of regime change around the world has created a entrenched fear and distrust in many countries. This coupled with out insistence on social revolution in Muslim and other religious orientated societies has left the world with a void of a desire to form lasting alliances with the United States. Much of the support for cooperation has been based on positive economics of that cooperation. Many may now view that as a fragile situation in the future.

The hope of the United States foreign policy is to crush Russia into submission, regime change, and allow them to dictate economic and political policy.  

While this may be a possible outcome, the fact is that world is now forever to be changed. The United States has a strong, but fragile, influence on European politics, but a diminishing power in many parts of the world. The United States has been the overwhelming source of economic power since WW2. It was once the arsenal of freedom, but now is dependent on much of the world for basic necessities.

I don't know what the world will look like with 2 economic and political alliances. Can they be cooperative alliances or must they become adversaires for resources, influence and social values?


Note: I want to make it clear I am not an apologist for Russia, but feel I am an observer, who believes there is a need for an objective view, void of the propaganda and misinformation everywhere. My analysis may not be perfect, but it is an opposing view that everyone who believes in free speech should  defend. 
 

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