Tag Archives: economic warfare

Hybrid war with China intensifies.SputnikSenior White House Officials Agree to Cut Huawei From Global Chip Supply – ReportAlso at Sputnik US Resorts to Bashing Chinese Government Over Own Coronavirus Failures

The headline is correct but the analysis is ridiculously off the mark. Fiona Hill claims that America is deeply divided internally and Russia is exploiting this weakness to further weaken the US. My take is that this view is has been highly exaggerated to the point of contributing to the weakness of the US. Meanwhile, the real story is being missed. The reality is that Russia is no longer dependent on the USD and export substitution owing to the sanctions has not only made Russia...

How not be to taken over by the Empire. Although Michael Hudson doesn't mention in this post, this is a goal of the trade war as well as the economic war that the US is waging worldwide to cement permanent US global hegemony.Michael Hudson — On Finance, Real Estate And The Powers Of NeoliberalismNote to China Michael Hudson | President of The Institute for the Study of Long-Term Economic Trends (ISLET), a Wall Street Financial Analyst, Distinguished Research Professor of Economics at the...

Economic warfare was widely used in WWII. When one country blockaded another’s supply of essential goods or bombed the industries producing them, why did the adversary’s economy fail to collapse? This column, part of the Vox debate on the economics of WWII, reviews Mançur Olson’s insights, which arose from the elementary economic concept of substitution. He concluded that there are no essential goods; there are only essential uses, which can generally be supplied in many ways. Also a reason...

Sanctions are being used against some countries as economic warfare rather than primarily political pressure, and there will be casualties as in any war including "collateral damage." Some people will die. The perps know this. It should be clear that the United States is uniquely positioned to choke off imports and exports from a targeted country using sanctions with deep, negative consequences for that country’s economy, as well as severe constraints on its government’s ability to address...

Backgrounder on cyberwarfare, a step up from economic warfare and internal subversion in the arsenal of hybrid warfare. In this endeavor, the US has merged the State Department, the Pentagon, the intel services, and the private technological companies, along with allies, chiefly "five eyes" – the UK, Canada, Australia and NZ together with the US as leader. The basic idea is to avoid kinetic warfare insofar as possible owing to the high likelihood that kinetic warfare will quickly go...

I think this is partly correct. Probably more significant is the weaponizing of the USD in the economic aspect of hybrid warfare that the US is now carrying out against a number of countries a d sending a message that "you are either with us or against us" (ht G. W. Bush). Wars run two ways.Historically, gold has been the most secure reserve asset — the ultimate in safety, if one can protect one's gold holdings. Powerful nations are betting that they can do do in the event of loss of trust...

The conclusions of the latest confidential report by the Rand Corporation were recently made public in a « Brief ». They explain how to wage a new Cold War against Russia. Certain recommendations have already been implemented, but this systemic exposure enables us to understand their true objective.… What America's best and brightest are up to these days. Strategic Culture FoundationRand Corp: how to destroy RussiaManlio Dinucci

More than 40,000 people have died in Venezuela since 2017 as a result of U.S. sanctions, according to a new report by the Center for Economic and Policy Research co-authored by economists Jeffrey Sachs and Mark Weisbrot. The report examines how U.S. sanctions have reduced the availability of food and medicine in Venezuela and increased disease and mortality. We speak with Jeffrey Sachs in our New York studio. In the report, he writes, “American sanctions are deliberately aiming to wreck...

Will the US sanction its European NATO allies? Don't put anything past the US. Secretary of State Mike Pompeo previously warned of “swift punishment” for countries doing business with Iran, thus INSTEX is seen as a first small step toward greater European economic independence, and toward calming Iranian criticisms centered on seeing "dollar domination" as fueling European weakness to follow through on JCPOA stipulations.... Zero HedgeEurope Launches SWIFT Alternative To Send Money To Iran...