Tuesday , November 5 2024
Home / Mike Norman Economics / Rostislav Ishchenko — Will the End of the US Empire mean World War 3?

Rostislav Ishchenko — Will the End of the US Empire mean World War 3?

Summary:
Basically a good analysis. I would add a few of things that I think he misses: 1. The analysis of the EZ as a failed currency union that is increasingly unsustainable and will implode when the next crisis hits. 2. The objective of the US to dominate the Chinese domestic market with US finance and industry by preventing the rise of Chinese-developed and owned high-services and technology through intellectual property that denies China access to developing its own domestic firms capable of competing with the Western firms that an open-door policy is intended to force. However, the Chinese already experienced something similar in the colonial period and unlikely to fall into that trap. 3. The US attempting to strangle Russia economically to avoid a kinetic conflict that risks

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

Basically a good analysis.

I would add a few of things that I think he misses:

1. The analysis of the EZ as a failed currency union that is increasingly unsustainable and will implode when the next crisis hits.

2. The objective of the US to dominate the Chinese domestic market with US finance and industry by preventing the rise of Chinese-developed and owned high-services and technology through intellectual property that denies China access to developing its own domestic firms capable of competing with the Western firms that an open-door policy is intended to force. However, the Chinese already experienced something similar in the colonial period and unlikely to fall into that trap.

3. The US attempting to strangle Russia economically to avoid a kinetic conflict that risks nuclear war, but the current American thinking seems to be that Russia will not use nukes in the event of the conflict going kinetic conventionally owing to MAD.

At any rate, the danger level is accelerating exponentially as the West sees the window closing on Western hegemony unless action is taken soon. China and Russia are on to the game and are rising quickly as well as acting more and more in co-ordination against a common threat.

Fort Russ
ISHCHENKO: Will the End of the US Empire mean World War 3?

Rostislav Ishchenko, translated by Jafe Arnold from Derzhava

See also

“All of a sudden all of our equipment shuts off. You cannot ask for fire support or warn off an enemy attack because your radars are blocked and you see nothing. This may be more dangerous than a conventional weapon because there is no protection against it,” retired US Colonel Laurie Moe Buckhout told Foreign Policy magazine.
Daniel Goure, a national security expert at the Lexington Institute, added that Russian electronic warfare systems cannot only block communication channels but also change data: “The fact is they are really capable of distorting the operational image on the battlefield, which can lead to dire consequences,” he warned.…
Throw more money at it.

US Military Stunned by Russia’s Cutting Edge Electronic Warfare in Syria

Paul Antonopoulos

See also

Maybe "relieved" is more neutral than "stolen."

The Numbers Are In: NAFTA Has Stolen More Resources from Mexico than 300 Years of Colonialism

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 *