Monday , November 25 2024
Home / Mike Norman Economics / Eric Zuesse — Strategy of US Anti-Russia Sanctions Becomes Clearer

Eric Zuesse — Strategy of US Anti-Russia Sanctions Becomes Clearer

Summary:
Cui bono? Following the money. As that Reuters list makes even clearer than before, US economic sanctions against Russia are focused against mainly the following four categories of targets in Russia: Russian competitors to America’s largest international oil companies.… Russian competitors of Lockheed Martin and other international US weapons-firms... Russian banks that lend to those firms... Russian Government officials, and billionaires, who cooperate with Russia’s elected President, Vladimir Putin... Neoliberal globalization masquerades as "spreading freedom and democracy," and "advancing human rights." But the reality is that economic liberalism as presently conceived as capitalism in incompatible with political liberalism conceived as democracy. The hidden agenda of globalization

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

Mike Norman writes Sputnik — Senior White House Officials Agree to Cut Huawei From Global Chip Supply – Report

Mike Norman writes CNN — Fiona Hill Says Putin Has America ‘Exactly Where He Wants Us’

Mike Norman writes Michael Hudson — Note to China

Mike Norman writes Economic warfare: Insights from Mançur Olson — Mark Harrison


Cui bono? Following the money.
As that Reuters list makes even clearer than before, US economic sanctions against Russia are focused against mainly the following four categories of targets in Russia:
  1. Russian competitors to America’s largest international oil companies.…
  2. Russian competitors of Lockheed Martin and other international US weapons-firms...
  3. Russian banks that lend to those firms...
  4. Russian Government officials, and billionaires, who cooperate with Russia’s elected President, Vladimir Putin...
Neoliberal globalization masquerades as "spreading freedom and democracy," and "advancing human rights." But the reality is that economic liberalism as presently conceived as capitalism in incompatible with political liberalism conceived as democracy. The hidden agenda of globalization under liberal Western values is the establishment of a transnational corporate totalitarian order than supervenes over political liberalism as democracy conceived as government (rule) of, by and for the people, and the submersion of national sovereignty.

Strategic Culture Foundation
Strategy of US Anti-Russia Sanctions Becomes Clearer
Eric Zuesse

See also

Washington’s recent trade actions are aimed foursquare at China, not at the EU or other trade partners. However, the aim is not to reduce China exports to the US. The aim is a fundamental opening up of the Chinese economy to the Washington free market liberal reforms that China has steadfastly resisted. In a sense, it is a new version of the Anglo-American Opium Wars of the 1840s using other means to open China. China’s vision of its economic sovereignty is at direct odds with that of Washington. Because of this Xi Jinping is not about to cave in and Trump’s latest threats of escalation risk a major destabilization of the precarious global financial system.
There exist basically two contradictory visions of the Chinese future economy and this is what the Washington attacks are about. One is to force China to open its economy on terms dictated by the West, especially by US multinationals. The second vision is one put in place during the first term of Xi Jinping aiming to transform China’s huge economy into the world’s leading technology nation over the coming seven years, a tall order but one Beijing takes deadly serious. It is also integral to the vision behind Xi Jinping’s Belt Road Initiative.
Washington is determined to push China to adhere to a document it produced in 2013 together with the World Bank during the time Robert Zoellick headed it. The document, China 2030, calls for China to complete radical market reforms. It states, “It is imperative that China … develop a market-based system with sound foundations…while a vigorous private sector plays the more important role of driving growth.” The report, cosigned then by the Chinese Finance Ministry and State Council, further declared that “China’s strategy toward the world will need to be governed by a few key principles: open markets, fairness and equity, mutually beneficial cooperation, global inclusiveness and sustainable development.”
Referring to the current Washington strategy of imposing import tariffs on billions worth of Chinese products, Michael Pillsbury, a neo-conservative former Trump Transition adviser and China expert told the South China Morning Post, “The endgame is that China complete its deep reforms of its economy as laid out in the joint report,” referring to the World Bank Zoellick China 2030 report....
In the view of the Western liberal elite, there can be only one (unipolar) world order. The West sees itself as engage in a fight over imposing that order globally, using "leverage" where countries resist falling under the control of the transnational corporate elite. Russia and China are the chief advocates of multipolarism, so they are in the crosshairs of the West.

NEO
Trump China Trade War Has Deeper Agenda 

F. William Engdahl
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 *