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Home / Mike Norman Economics / Can China help Brazil restart its global soft power? — Pepe Escobar

Can China help Brazil restart its global soft power? — Pepe Escobar

Summary:
The return of Lula and the challenges facing the Brazilian economy post-Bolsonaro, both domestically and in relation to geopolitics and geoeconomics with the heavy hand of the US in the background. In the larger picture, US hegemony means control of the world's resources, which means subjugating the large resources holders, Russia, China, Brazil, Indonesia, India, and the African continent — that is, most of the Global South and east — while keeping Europe in state of vassalage. This is the principal dynamic of this ear. The rest is just details, e.g., hybrid warfare as a means to this end. This dynamic is the prism through all else on the world stage must be viewed in terms of the present state of the world system, which is now in flux. Lula is cast in the role of a major player in "the

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The return of Lula and the challenges facing the Brazilian economy post-Bolsonaro, both domestically and in relation to geopolitics and geoeconomics with the heavy hand of the US in the background. In the larger picture, US hegemony means control of the world's resources, which means subjugating the large resources holders, Russia, China, Brazil, Indonesia, India, and the African continent — that is, most of the Global South and east — while keeping Europe in state of vassalage. This is the principal dynamic of this ear. The rest is just details, e.g., hybrid warfare as a means to this end. This dynamic is the prism through all else on the world stage must be viewed in terms of the present state of the world system, which is now in flux. Lula is cast in the role of a major player in "the Great Game" being played on the global chessboard. Pepe Escobar elaborates.

Pepe Escobar is always upbeat about this views. But the world situation and the specific events he describes are gritty and outcomes uncertain for epistemological reasons (known unknowns) and ontological reasons (unknown and unknowable unknowns).


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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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