The Price of Imperial Arrogance Keeps Rising

In his book, titled “Super Imperialism: The Economic Strategy of Imperial America” — updated and expanded in its 3rd edition — super-analyst, Distinguished Research Professor of Economics, Michael Hudson, explained the following:

Money printing madness by the Wall Street owned Fed finances US reckless spending, corporate takeovers, speculative excess, economic crises, militarism and belligerence on steroids, along with a culture of violence at home and abroad at the expense of democratic freedoms, beneficial social change, as well as human and civil rights.

In his updated edition, Hudson explained that US efforts to preserve Its financial hegemony created created cracks in the international economic order.

“When the US payment deficit pumps dollars into foreign economies, these banks (have) little option except to buy US Treasury bills and bonds which the Treasury spends on financing an enormous, hostile military build-up to encircle (today’s) major dollar-recyclers China, Japan and Arab OPEC oil producers,” Hudson explained.

Nations allied with the US finance their own decline on the world stage — notably European ones.

By pouring countless trillions of dollars down a black hole of waste, fraud and abuse in pursuit of global hegemony, the US has been financing its own decline.

Yet the myth of American exceptionalism, the indispensable state, an illusory moral superiority, and military supremacy persists despite hard evidence debunking these notions.

Since the height of its post-WW II preeminence on the world stage, US decline has been ongoing in recent decades, notably post-9/11.

In hindsight ahead, its escalated war on Russia by other means may have accelerated its fall from grace on the world stage — taking Europe with it.

In a new article, titled “The American Empire self-destructs. But nobody thought that it would happen this fast,” Hudson explained the following:

Like other empires in world history, hegemon USA’s fate is on a path it “sought to avoid…as it dismantles itself in not-so-slow motion.”

“But nobody thought that The American Empire would self-destruct this fast.”

It’s happening in plain sight by shooting itself in foot.

Key longterm is how its all-out war on Russia by other means made its ties that bind with China stronger.

US policies “are driving other countries into their emerging Eurasian orbit,” Hudson explained.

Is China next on the US target list for economic war — a nation free from its control that’s on a fast track toward becoming the world’s leading economy?

The US tolerates no nations free from its control.

Notably not ones able to challenge its hegemony politically, economically, technologically, or militarily on the world stage.

Washington has been advancing its hostile to peace and stability Indo/Pacific footprint in a part of the world where it doesn’t belong for years.

As the only nation able to challenge US economic hegemony on the world stage, US policymakers seek to marginalize, weaken, contain, and isolate China.

They seek to undermine the country politically, economically, financially, technologically and perhaps militarily — at the risk of direct confrontation.

China is an economic, industrial, and growing technological powerhouse.

Russia’s super-weapons exceed the best in the West — developed and produced at a small fraction of Washington’s bloated military budget.

A Sino/Russian alliance is key to deterring US rage for global dominance by smashing one nation after another economically and militarily to get there.

Trading in their own currencies lets China, Russia and other countries  bypass dollar hegemony.

Beijing and Moscow prioritize mutual respect, fairness, justice, and win-win cooperation in dealing with international challenges.

Hudson explained that escalated US sanctions war on Moscow “block(ed) Europe, Asia and other countries from trade and investment with Russia, Iran and China…” 

The draconian policy “imposed…the cost of lost opportunities on US allies.” 

“(C)onfiscation of” Venezuelan, Afghan and Russian gold, along with virtual theft “of bank accounts of wealthy foreigners…ended the idea that dollar holdings…are a safe investment haven when world economic conditions become shaky.”

The harebrained Biden regime policy is “forcing…nations not locked into the US orbit to see the writing on the wall and overcome whatever hesitancy they had to de-dollarize.”

US hostility toward Russia forced its policymakers to “build up (the country’s) means of self-reliant agricultural and industrial production.”

It’s likely to break with the US economically and financially altogether.

Will China, India and other nations follow Russia’s path “by converting dollar and euro holdings into gold as an asset free from political liability of being held hostage to the increasingly costly and disruptive US demands?”

Will European countries awaken to the realization that they’ve been conned by hegemon USA throughout the post-WW II period to serve its interests at the expense of their own?

According to Hudson, what’s going on is pushing things toward a “new international economic order…”

While it’s unclear precisely what form it’ll take, it’s coming at the expense of US hegemonic aims.

“US/NATO aggression against Russia (is) a catalyst for driving much of the world away from the US/NATO orbit.”

The price of US imperial arrogance is costing European nations dearly.

Will they cease serving US interests  by focusing mainly on their own?

Will soaring energy, food and other costs push Western and other economies over the edge into protracted stagflation or depression?

Will businesses throughout the US/West go under in increasing numbers because of unaffordable costs?

Will poverty and deprivation soar more than already throughout the West?

Will voters through the bums out?

Will new bums replace them or a different breed?

When the dust finally settles ahead on all things Russia and Ukraine, will it be clear to the world community of nations that US-dominated NATO regimes shot themselves in the foot?

Will the price of imperial arrogance have final say?

2 thoughts on “The Price of Imperial Arrogance Keeps Rising

Add yours

  1. Mr Lendman..

    Exactly 800 yrs ago

    (Circa 1400 AD)

    Chinese Admiral Zheng he
    Circumnavigated the globe

    100 yrs before Magellan..

    During the Dynamic Ming Dynasty

    China led the world in Science and Geographical discovery.

    And then..
    And then…

    sadly, the next guy in the door
    Shut down everything

    Like Trump came in and tore up the JCPOA.

    The Emperor listened to his “Kaganites”

    Similar to the gaggle
    of Insane Serial Killers that infested Don’s

    “Insane Asylum” with two
    Hero’s of Israel

    Mad Johnny NutBolt
    And PompAss Pimpio

    And China closed down the Stairway to Heaven.

    Boom.

    ====Fast Forward====
    200-300 yrs later and the

    Former Hegemon is being
    Gang Raped by the European
    Barbarians ..

    Bloodthirsty
    Lying Pirates..

    With Scurvey..
    Tubuclosis..
    And lice

    and Verneral Disease.

    British Pirates..

    With opium in one hand

    And a gun in the other to.shoot you if you refused the dope..

    Really.

    The British.
    They’ve never been anything other than Jackels and Thieves.

    Built the Sceptered Isles
    On Blood of 100,000,000,000 Asians.

    The British..
    The First Plague on Humanity

    The British Raj..
    Slave Owners

    “The Mentality of the Man with the Whip..!”

    Ortega y Gassett

    Europeans…
    A Despicable lot..
    Cave Men actually..

    Remember China came out of the Stone Age…

    5000 to 8000 Years before the Europeans.

    China had cities of a million people..

    Paved Roads that stretched ba 2000 miles..

    A Postal Service
    Schools
    And a Code of Laws
    And a Civil Service…

    While Europeans were still living in Caves with their dogs!

    HAHAHAHA

    What…they didn’t teach you that in School…

    HAHAHAHA
    LOL

    WE’RE THE
    PLANET OF THE APES

    And now the idiot

    Slavers
    Drug Pushers

    and Looters of anything and everything precious to Man and Womenkind..

    Now ripped the World in half.
    They’ll destroy themselves

    In their idiocy.
    Kaganites the Jewish Nazis

    out to punish Russia
    For killing German Nazis.

    The Western Kaganites

    Are like an equisite Ming Vase
    Priceless..
    Precious..
    Eternal…

    Being in the Clutches of
    Human Filth

    on the way to being traded for some dope.

    Therein..is the Real Story
    The Gangsters were offered ba Free Ticket on the BELT &ROAD

    A Chance to build a better Brighter

    more Democratic World
    But turned it down…

    Wanted stand on the sidelines do drug deals and sabotage
    Everything..

    Gangsters who only know violence…
    Only know FILTH..

    Decided to fight China and Russia.

    They’ll soon be in the Dempster Dumpster behind Burger King!

    Like

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