Sunday , June 16 2024
Home / Mike Norman Economics / US-China rivalry, CIA and NED support for terrorist groups and proxies — Shane Quinn

US-China rivalry, CIA and NED support for terrorist groups and proxies — Shane Quinn

Summary:
The “loss” of China in 1949 was perhaps the biggest blow to strike American hegemony in the post-World War II era, and it is felt increasingly to this day. During the past 70 years, Washington's strategy towards China has been to destabilise and fracture one of the world's oldest and largest nations. These imperialist policies have clearly failed to attain their objectives. Nevertheless US efforts to undermine Chinese power have been steadily growing over the past 30 years, in part spurred on by the Soviet Union's demise in 1991, partially also due to China's increasing clout. The danger now is that the American elite became overconfident after the collapse of the USSR and now believes that China under the Chinese Communist Party will inevitably be next, only given some nudging. The

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

John Quiggin writes The edge of extinction

Lars Pålsson Syll writes The psychopathy of Ayn Rand

NewDealdemocrat writes May CPI continued to be all about shelter

Merijn T. Knibbe writes Deaths of infants and young children in Gaza. A fact-based estimate.

The “loss” of China in 1949 was perhaps the biggest blow to strike American hegemony in the post-World War II era, and it is felt increasingly to this day. During the past 70 years, Washington's strategy towards China has been to destabilise and fracture one of the world's oldest and largest nations. These imperialist policies have clearly failed to attain their objectives.
Nevertheless US efforts to undermine Chinese power have been steadily growing over the past 30 years, in part spurred on by the Soviet Union's demise in 1991, partially also due to China's increasing clout.
The danger now is that the American elite became overconfident after the collapse of the USSR and now believes that China under the Chinese Communist Party will inevitably be next, only given some nudging. The outcome of this will turn out to be either one of the greatest strategic triumphs of history, cementing US semi-permanent hegemony, or else the most disastrous strategic blunder, leading to the collapse of the American empire and Western global dominance.

Geopolitika

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

Leave a Reply

Your email address will not be published. Required fields are marked *