Monday, August 27, 2018

Last days of the dollar and the American empire as U.S. is now waging economic war on one tenth of the globe

Because of a combination of war and insolvency on the European continent during the first half of the 20th century, America rose to prominence by becoming the greatest empire the world has ever seen.  However greed, a lack of respect for other nations and cultures, and finally a devaluation of their currency when they shifted from gold backed to fiat has put them in the same position as ancient Rome during the final days of that empire's reign.

Ever since the end of the Cold War, Washington has followed a path known as the Wolfowitz Doctrine which advocates that the U.S. can never allow another nation to rise to the point of becoming a competitor or rival in their ability to dominate the world.  And since they had not only military supremacy but also economic dominion (control over global reserve currency), they have used both like a hammer on any nation who dared to question their interference in that nation's affairs.

And this has become especially true here in 2018 where President Donald Trump has not only sustained most of the sanctions and economic warfare his predecessors instituted years before, but he has actually increased it to the point where an estimated 10% of all nations are under some form of economic restrictions.

The United States is currently waging economic warfare against one tenth of the world's countries with cumulative population of nearly 2 billion people and combined gross domestic product (GDP) of more than $15 trillion. 
These include Russia, Iran, Venezuela, Cuba, Sudan, Zimbabwe, Myanmar, the Democratic Republic of Congo, North Korea and others on which Washington has imposed sanctions over the years, but also countries like China, Pakistan and Turkey which are not under full sanctions but rather targets of other punitive economic measures. 
In addition, thousands of individuals from scores of countries are included in the Treasury Department's list of Specially Designated Nationals who are effectively blocked from the U.S.-dominated global financial system. Many of those designated are either part of or closely linked to their countries' leadership. - CNBC
America was founded upon principals that advocated no ties to foreign establishments (outside of trade), and leaving other nations alone to do as they saw fit unless they interfered directly with the inner workings of the U.S. itself.  And a great example of this was the conflict against the Barbary Pirates in Libya, Morocco, and the Ottoman Empire due to their seizing of merchant ships in order to enslave U.S. personnel.

Unfortunately in the 20th century, Presidents such as Woodrow Wilson and Franklin Roosevelt used economics to encourage nations to attack us and then use these responses to justify our getting into World War's I and II.  First by feigning neutrality in 1914, but then trading large quantities of food and war materiel to Britain rather than Germany at a rate of 99% which forced the Kaiser to torpedo the Lusitania and also foment domestic discord in Mexico.  And then later in the 1930's by imposing sanctions upon Japan which forced them to have to bomb Pearl Harbor in order to protect supply lines in the Pacific.

Today the U.S. lives under an umbrella policy in which they believe they are the 'caretakers' of Democracy, and it is both their right and duty to force any nation to cede to their will.  And because of this, the U.S. has alienated a great deal of the world and has forced nations to rebel against them both through isolation, and by attacking the one key component that allows them to the ability to dominate...

The dollar.


Post a Comment