Tuesday , November 5 2024
Home / Mike Norman Economics / Frederick Kuo — Sino-Russian alliance creating a ‘Eurasian fortress’

Frederick Kuo — Sino-Russian alliance creating a ‘Eurasian fortress’

Summary:
Even as China and Russia strategize to build an opposing pole of power, neither is immune to these truths. Both nations still crave positive relations with the United States. However, the window of US advantage to use its leverage is also closing. Therefore, it is imperative that the United States leverage its powerful alliances and global influence so that it negotiates effectively with both China and Russia to gain access to new markets and, more important, is not left out as a major underwriter in the architecture of the new world order. Failure to do so will see the US locked out of an emerging “Eurasian Fortress”, where the fortunes and dramas shaping our future will be made. America's black and white, all or nothing, zero-sum, you are with us or you are against us approach is

Topics:
Mike Norman considers the following as important: , , ,

This could be interesting, too:

tom writes Causes of the Ukraine War & the case for Georgian non-alignment — An interview I gave in Tbilisi, Georgia

Angry Bear writes Has Globalization Been Reversed?

tom writes The corruption of US foreign policy & weaponization of antisemitism

tom writes The menace of the myth of General Pinochet’s Chilean economic miracle

Even as China and Russia strategize to build an opposing pole of power, neither is immune to these truths. Both nations still crave positive relations with the United States.
However, the window of US advantage to use its leverage is also closing. Therefore, it is imperative that the United States leverage its powerful alliances and global influence so that it negotiates effectively with both China and Russia to gain access to new markets and, more important, is not left out as a major underwriter in the architecture of the new world order. Failure to do so will see the US locked out of an emerging “Eurasian Fortress”, where the fortunes and dramas shaping our future will be made.
America's black and white, all or nothing, zero-sum, you are with us or you are against us approach is doomed either to failure as the US is isolated from the regions where growth will be emerging, or to fall in the Thucydides trap, threatening world war.

Growth is coming from the emerging world, since the developed world is already developed. The old imperialistic colonial approach is dead and its replacement by neoliberal globalization, neo-imperialism and neocolonialism controlled by the West is moribund. The handwriting is on the wall.

Asia Times
Sino-Russian alliance creating a ‘Eurasian fortress’
Frederick Kuo

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 *