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#ushegemony

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#YanisVaroufakis: "Many refer to this world — the one in which #GenX grew up — as the #neoliberal era, others associate it with #globalisation, some identify it with #financialisation. It’s all the same thing — the world the #NixonShock begat and which the 2008 financial crash shook to its foundations. After the 2009 bailouts, although US hegemony continued unabated, it lost much of its dynamism. Today, the Nixon Shock has run out of steam — at least from the perspective of the Trumpists who want to give #UShegemony a second (or is it a third?) wind. This is the whole point of the #TrumpShock and its masterplan, including tactical moves such as enlisting #crypto to their cause."

unherd.com/2025/04/will-libera

UnHerd · Will Liberation Day transform the world?By Yanis Varoufakis

#China
#USHegemony
#uspolitics

On the real reason why the US is trying to scaremonger the entire world into thinking that China is a world threat.

The only world threat is the US foreign policy of intervention, sanctions, forced regime changes, coups.

China's dominance is commercial. Their economy is larger than the US. China has a policy of non-intervention is other states' internal affairs. Their interest is commerce and development, a win win situation.

youtube.com/watch?v=fRpe7W4vxH

As the news unfolded on Wednesday morning, I was struck that Chancellor Scholz's first public comment was 'a message posted on X'. The same was true for many other world leaders.

And that epitomises the problem. #X is a platform owned by one highly partisan billionaire and run for their interests. It needs people to sign up to read messages. News sites can't even embed them any more.

How can a state resist #USHegemony if it can't even claim sovereignty over official communications?

Photo of the Day

hard lessons

In 1959, Fidel Castro came to power in an armed revolt which overthrew the Cuban dictator, Fulgencio Batista.

Castro quickly aligned with the Soviet Union, seized American and foreign-owned assets, and declared himself a Communist.

Alarmed, the Eisenhower Administration approved a plan devised by the CIA in 1960 to train Cuban exiles to infiltrate Cuba and start a revolution.

open.substack.com/pub/look/p/p

Last Friday’s Camp David summit held between US President Joe Biden, Japanese Prime Minister Fumio Kishida and President Yoon Suk Yeol of South Korea marked an ominous milestone in the accelerating US drive to war with #China.

#UShegemony #NoWar!

Biden’s war summit with Japan and South Korea - World Socialist Web Site

wsws.org/en/articles/2023/08/2

World Socialist Web SiteBiden’s war summit with Japan and South KoreaIn the guise of maintaining “peace and stability” in Asia and “deterring China,” US imperialism and its two military allies in North East Asia agreed to military and economic collaboration whose only meaning is the preparation for war.

#Yellen admits the obvious.
#UShegemony is in great danger.

Janet Yellen admits that weaponizing dollar against Russia puts the reserve currency's status at risk. This admission tells us how severe #dedollarization has become and how badly the sanctions are working.

However, Yellen goes on to say that the economy is still strong and the banking crisis is just a minor event.
Of course, a while ago she claimed that #USsanctions were working and now it turns out that she had you fooled.