Jeffrey Sachs names the driver of the wars: Washington and Europe still believe they run the world.
https://x.com/apocalypseos/status/2093799720875614477
Jeffrey Sachs names the driver of the wars: Washington and Europe still believe they run the world. That hegemonic mindset is at work in Ukraine, Gaza, Iran, and Venezuelaâand it is now dragging the West into decline.
âThe reason weâre in these wars is basically because the United States and Europe are determined to maintain their hegemonic prerogatives. For centuries, the Westâso-called, mainly the empires of Europe and from the late 19th century the United Statesâjudged that they effectively ran the world. Mr. Bessent, our Treasury Secretary, who is a sheer vulgarian, the worst imaginable that weâve ever had, basically says in the Financial Times today, âWe run the world. We determine who does what. We determine who trades. We will destroy whichever countries we want.â Thatâs the mindset.
That mindset is at work in Ukraine. Itâs at work in the genocide in Gaza. Itâs at work in the war against Iran. It was at work, of course, in the kidnapping and confiscation of Venezuelaâs oil revenues earlier this year. The mindset is we run the world. Yes, itâs a little bit nasty because there are these pesky wannabe challengers like Russia, Iran, or China that donât want us to run the world, but effectively we run the world, and weâre going to tell the world what to do. Thatâs the mindset.
Itâs so out of date, so absurd, so delusional that it drives a set of policiesânot only the war, but trade measures, protectionism, and so forthâthat are leading the West into not only relative decline as these other places rise, but perhaps serious absolute decline at some point, because all of the claims that are made for hegemony and all of the overreach are leading to a buildup of burdens fiscally, in terms of debt, in terms of claims on trade, in terms of cutting off economic linkages around the world, including now the trade war between the United States and Canada, for Godâs sake, which was launched just two days ago, that I think will put both Europe and the United States into very serious economic crisis in the coming years.
Again, Europe is in a crisis right now. The United States is in what I would regard as a massive financial bubble due to the AI valuations and the stock market, which keep things afloat for the moment. But itâs a bubble that I think is going to burst.â
Hegemony is not strength. It is overreach. The wars, the sanctions, and the bubble are the same system eating itself.

0 Comments:
Post a Comment
Subscribe to Post Comments [Atom]
<< Home