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Sino-forming of Global South passes point of no return — David P. Goldman

Summary:
Drawing out the implications of this article, the US strategy of isolating China and Russia is failing. They are economically dominant in the Global South, especially China. Moreover, the US and Europe are dependent on Chinese exports ("supply chains"). And as we are seeing with sanctions, the US and Europe and also dependent on  Russia for materials and also China to a lesser extent (rare earths).The bad news is that as this realization sets in, the remaining option to stem the tide of history from moving East is war. The US "deep state" joined at the hip with the UK "deep state"are preparing themselves and their allies for the coming conflict whose to save neoliberal, neo-imperial and neocolonial "globalization" dominated by the global elite.Asia TimesSino-forming of Global South passes

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Drawing out the implications of this article, the US strategy of isolating China and Russia is failing. They are economically dominant in the Global South, especially China. Moreover, the US and Europe are dependent on Chinese exports ("supply chains"). And as we are seeing with sanctions, the US and Europe and also dependent on  Russia for materials and also China to a lesser extent (rare earths).

The bad news is that as this realization sets in, the remaining option to stem the tide of history from moving East is war. The US "deep state" joined at the hip with the UK "deep state"are preparing themselves and their allies for the coming conflict whose to save neoliberal, neo-imperial and neocolonial "globalization" dominated by the global elite.

Asia Times
Sino-forming of Global South passes point of no return
David P. Goldman
https://asiatimes.com/2022/07/sino-forming-of-global-south-passes-point-of-no-return/

See also

Jacobin
Francis Fukuyama Is Right: Socialism Is the Only Alternative to Liberalism (Not a fan of Fukuyama but and interesting article in light of the current moment of the historical dialectic.)
Samuel McIlhagga
https://jacobin.com/2022/07/francis-fukuyama-liberalism-and-its-discontents-book-review
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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