Friday , November 15 2024
Home / Mike Norman Economics / Transcript of Joe Biden’s Speech on Foreign Policy Transcript February 4: “America is Back”

Transcript of Joe Biden’s Speech on Foreign Policy Transcript February 4: “America is Back”

Summary:
As anticipated, a restatement of Wilsonian liberal internationalism based on American exceptionalism and global dominance. It's a speech that Hillary Clinton could have delivered.Basically the same line we've heard since the end of WWII and the ramp up of the Cold War. Compare with the forward looking speeches of Xi and Putin. No vision.  No systems awareness, or situational awareness. Lots of looking back and wishful thinking based on it. Idealistic and not realistic.Fail. REVJoe Biden Speech on Foreign Policy Transcript February 4: “America is Back”TranscriptSee alsoWhy "fail"? Here's some reasons. Good reasons.The Scrum“Sanctions and drift.” America’s alienating addiction.Marshall Auerback, James W. Carden, and Patrick LawrenceSee also Global Times (China)Why Europe gravitates away

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

Michael Hudson writes Beyond Surface Economics: The Case for Structural Reform

Mike Norman writes Oh no…Eva Langoria leaving the U.S.!!!

Merijn T. Knibbe writes Argentina bucks the trend. Vitamin A deficiencies are increasing

Mike Norman writes Wishful Thinking

As anticipated, a restatement of Wilsonian liberal internationalism based on American exceptionalism and global dominance. It's a speech that Hillary Clinton could have delivered.

Basically the same line we've heard since the end of WWII and the ramp up of the Cold War. Compare with the forward looking speeches of Xi and Putin. No vision.  No systems awareness, or situational awareness. Lots of looking back and wishful thinking based on it. Idealistic and not realistic.


Fail. 

REV
Joe Biden Speech on Foreign Policy Transcript February 4: “America is Back”
Transcript

See also

Why "fail"? Here's some reasons. Good reasons.

The Scrum
“Sanctions and drift.” America’s alienating addiction.
Marshall Auerback, James W. Carden, and Patrick Lawrence

See also
 
Global Times (China)
Why Europe gravitates away from US to Eastern power center: Martin JacquesMartin Jacques | Visiting Professor at the Institute of Modern International Relations at Tsinghua University and a Senior Fellow at the China Institute, Fudan University, and formerly a Senior Fellow at the Department of Politics and International Studies at Cambridge University.

What these articles overlook is the deep divide in the US between American liberal and American conservative factions, where the split is about 50-50. Such a country is ungovernable, especially in a federal systems where different regions come under the control of opposing power factions. Couple this with change in power on a regular basis through elections and it is impossible to predict US policy and behavior. Add to this the fact that the US has a poor record in keeping its word.

The articles also overlook American hypocrisy regarding its stated ideals that it seeks to impose abroad while not living up to them at home.


UPDATE

Politico
Macron: EU shouldn’t gang up on China with US

Rym Momtaz
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 *