Lateo.net - Flux RSS en pagaille (pour en ajouter : @ moi)

🔒
❌ À propos de FreshRSS
Il y a de nouveaux articles disponibles, cliquez pour rafraîchir la page.
À partir d’avant-hierLiberty Blitzkrieg

Chinagate is the New Russiagate

I’ve become convinced the next major event that’ll be used to further centralize power and escalate domestic authoritarianism will center around U.S.-China tensions. We haven’t witnessed this “event” yet, but there’s a good chance it’ll occur within the next year or two. Currently, the front runner appears to be a major aggressive move by China into Hong Kong, but it could be anything really. Taiwan, the South China Sea, currency, economic or cyber warfare; the flash points are numerous and growing by the day. Something is going to snap and when it does we better be prepared to not act like mindless imbeciles for the fourth time this century.

When that day arrives, and it’s likely not too far off, certain factions will try to sell you on the monstrous idea that we must become more like China to defeat China. We’ll be told we need more centralization, more authoritarianism, and less freedom and civil liberties or China will win. Such talk is nonsense and the wise way to respond is to reject the worst aspects of the Chinese system and head the other way.

- From my 2019 piece: Two Paths Forward with China – The Good and The Bad

As the clownish farce that is Russiagate slinks back into the psyop dumpster from which it emerged, an even more destructive narrative has metastasized following the U.S. government's incompetent response to covid-19.

It was clear to me from the start that Russiagate was a nonsensical narrative wildly embraced by a variety of powerful people in the wake of Trump's election merely to serve their own ends. For establishment Democrats, it was a way to pretend Hillary Clinton didn't actually lose because she was a wretched status quo candidate with a destructive track record, but she lost due to "foreign meddling." This allowed those involved in her campaign to deflect blame, but it also short-circuited any discussion of the merits of populism and widespread voter dissatisfaction (within both parties) percolating throughout the land. It was a fairytale invented by people intentionally putting their heads in the sand in order to avoid confrontation with political reality and to keep their cushy gravy-train of entrenched corruption going.

continue reading

A Shaky Foundation

And so castles made of sand fall in the sea, eventually.
- Jimi Hendrix

There's a widespread belief out there that the U.S. and the global economy in general is on much sounder footing ever since the financial crisis of a decade ago. Unfortunately, this false assumption has resulted in widespread complacency and elevated levels of systemic risk as we enter the early part of the 2020s.

All it takes is a cursory amount of research to discover nothing was "reset" or fixed by the government and central bank response to that crisis. Rather, the entire response was just a gigantic coverup of the crimes and irresponsible behavior that occurred, coupled with a bailout designed to enrich and empower those who needed and deserved it least.

Everything was papered over in order to resuscitate a failed paradigm without reforming anything. Since it was all about pretending nothing was structurally wrong with the system, the response was to build more castles of sand on top of old ones that had unceremoniously crumbled. The whole event was a huge warning sign and opportunity to change course, but it was completely ignored. Enter novel coronavirus.

continue reading

Two Paths Forward with China – The Good and The Bad

Since a few things became clear to me last year, I've consistently forecasted a significant worsening in U.S.-China relations and remained adamant that all the happy talk of trade deals and breakthroughs is just a lot of hot air. What first appeared to be a unique quirk of Donald Trump has morphed into bipartisan consensus in Congress, and clear signs have emerged that the general public has likewise become alarmed at China's growing global clout.

Due to this, as well as a litany of other factors outlined in prior posts, it's highly unlikely the current trajectory will reverse course and result in a return to what had been business as usual. Instead, we're probably headed toward a serious and historically meaningful escalation of tensions between the U.S. and China, with what we've seen thus far simply a prelude to the main drama. If I'm correct and the ship has already sailed, we should focus our attention on how we respond to what could quickly become a very dicey scenario filled with heightened emotions and nefarious agendas. There's a good way to respond and a bad way.

continue reading

Bolivia Adds to the Ranks of Global Political Chaos

Two days before Bolivian president Evo Morales was pushed out by the country's military, Mark Weisbot of the Center for Economic and Policy Research penned a warning about what was happening, and what might unfold, in a Nation article titled, The Trump Administration Is Undercutting Democracy in Bolivia.

He noted:

Multilateral organizations like the Organization of American States (OAS) have a certain perceived impartiality because they are, in theory, controlled by a diverse group of nations. But sometimes a great power can wield a disproportionate influence. It could theoretically be a coincidence that both the Trump administration and the OAS have tried—without offering any evidence—to discredit Bolivia’s national election in the past couple of weeks. But it’s more likely that this dangerous, ugly, and destabilizing operation is being pushed by Washington.

This "destabilizing operation" came to a head yesterday when Morales resigned under pressure from the military amidst a wave of protests and violence. The situation is Bolivia is complicated, but one thing you can be sure of is anything you hear or read in U.S. mass media will be a heaping pile of lies and propaganda. Fortunately, I came across a really helpful thread courtesy of Kevin Cashman.

continue reading

U.S.-China Relations in the Years Ahead: The Trade War Is a Sideshow

As President Trump has said many times, we rebuilt China over the past 25 years. No truer words were spoken, but those days are over.

The United States now recognizes China as a strategic and economic rival.

- Vice President Mike Pence during a speech last week at the Woodrow Wilson International Center for Scholars

The truth is that China is a strategic competitor at best that uses coercion and corruption as its tools of statecraft. (Applause.) 

We’ve reconvened “the Quad” – the security talks between Japan, Australia, India and the Untied States that had been dormant for nine years. This will prove very important in the efforts ahead, ensuring that China retains only its proper place in the world.

- Secretary of State Mike Pompeo in a speech last week to the Heritage Foundation

I don't take the U.S.-China trade war seriously, because I don't expect a transformative deal to come of it. Specifically, I see the current trade charade as little more than a warmup to a far more serious, unpredictable and dangerous conflict between the U.S. and China in the years ahead.

Last December, in a piece titled Is U.S. Geopolitical Strategy Experiencing a Monumental Shift?, I explained how the U.S. was repositioning its foreign policy to focus on China, and how this would set off a long-lasting and enormously consequential feud between the dominant empire and the emerging power. The post concluded with the following thought:

continue reading

❌