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Finian Cunningham – Europe Embraces Multipolar World With Nord Stream 2 and China Investment Deal

Summary:
The U.S. political and economic system seems incapable of adapting to the new multipolar paradigm. Like a dinosaur it is doomed to perish because its mode of behavior and ideological depiction of the world are no longer viable.Material need usually wins out against ideological creed. Necessity over dogma. Twice this week, the European Union demonstrated that maxim in practice when it rebuffed Washington over the Nord Stream 2 gas pipeline with Russia; and then again over a major investment pact with China. The United States’ political and economic system seems incapable of adapting to the new multipolar paradigm. Like a dinosaur it is doomed to perish because its mode of behavior and ideological depiction of the world are no longer viable in a changed political environment.Alt

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 The U.S. political and economic system seems incapable of adapting to the new multipolar paradigm. Like a dinosaur it is doomed to perish because its mode of behavior and ideological depiction of the world are no longer viable.


Material need usually wins out against ideological creed. Necessity over dogma. Twice this week, the European Union demonstrated that maxim in practice when it rebuffed Washington over the Nord Stream 2 gas pipeline with Russia; and then again over a major investment pact with China. 

The United States’ political and economic system seems incapable of adapting to the new multipolar paradigm. Like a dinosaur it is doomed to perish because its mode of behavior and ideological depiction of the world are no longer viable in a changed political environment.


Alt World. 


Finian Cunningham - Europe Embraces Multipolar World With Nord Stream 2 and China Investment Deal

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.

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