Wednesday, March 23, 2022

The Bigger Picture - A Brilliant Synthesis by Professor Alfred McCoy

 Below is an email (slightly edited here) I recently sent to family & a few friends.
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Here's the highly likely Bigger Picture of what's going on with Putin, Ukraine, China, & the USA.  Listen carefully to the whole clip.  Pay particular attention to the discussion of China's MASSIVE Eurasian infrastructure project (the largest in the history of humans), the Belt and Road Initiative, or BRI.  If it's successful (& we should know by the end of this decade), it likely will mean the end of USA's global hegemony.  

One might say, so what?  That end will mean the end of the Dollar as the world's reserve currency, & that will mean the end of our economy's pursuit of unlimited growth & overconsumption.  Ecologically speaking, that's a good thing.  But economically speaking, the Powers-That-Be here are not prepared to handle such a paradigm shift.  Our economy will collapse unless policy makers start thinking on a smaller scale.

Bottom line:  the USA's global influence has been declining for about 50 years, & now our Bully Boy tactics (threats, the backing of coups, invasions, drone wars, sanctions, kidnappings, assassinations, military bases all around the world, etc.) are coming home to roost.  Main Street USA is in for some massive changes in our Rat Race lifestyle.  Once we get over the initial shock, in many respects that won't be a bad thing.

Wrap your head around it.  The probability is high that it's coming.

History matters.
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Not only my opinion.  Be Well
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