THE CHOKEPOINT DILEMMA
https://x.com/RealPepeEscobar/status/2076951357999706219
THE CHOKEPOINT DILEMMA
Prof. Michael Hudson - all too diplomatically - explains:
"The guiding aim of U.S. imperial diplomacy has been to control the world’s economic chokepoints, starting with control of oil."
Massive fail via the war on Iran.
That is leading to...
"Plan B to control the world’s choke points: If it cannot control key resources by outright control by allied governments or client oligarchies, then isolating them; and if that fails, then it is necessary to destroy them to prevent them from offering other countries an alternative source of supply outside of U.S. control – and on payment terms other than the U.S. dollar. The guiding principle is that if the United States is unable to control foreign oil production, then it is necessary to simply destroy it so as to leave the United States and its allies in total control of the entire world’s trade in critical energy and petrochemicals, so as to monopolize its economic natural-resource rents and the fictionalization of the resulting oil-trade surpluses.”
Where we are now:
"The U.S. attempt to win the war against Iran by destroying its government and re-instituting a new U.S. puppet dictator has led Iran to protect itself by raising the stakes to a fight for its survival with the entire world’s economy balance at stake.”
And there’s nothing vociferating neo-Crassus can do about it.
posted by Satish Sharma at
15:19
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