The Phaserl


The U.S. is Becoming the Biggest Hurdle for Economic Growth for Western Economies

from Rogue Money:

Almost 100 years after President Calvin Coolidge declared, ‘the business of America is business’, the Obama administration has established a new label for the empire which says, ‘the business of America is the stifling of business’. Because sure enough, it has been the domestic and foreign polices of the U.S. which have not only brought about Western economic decline, but they have also helped the East rise to the top and stand on the precipice of seizing control over the global financial system.

Undoubtedly, the President before Barack Obama had a great deal to do with setting the table for the U.S. and Europe’s economic demise thanks to endless wars, the devaluing of the dollar, and using sanctions to interrupt the free flow of trade between Europe, the Middle East, and Asia. And this of course has led both Russia and China to create new monetary and financial infrastructures that opened the door for the world to leave the dollar and Washington’s hegemony, and to seek to return to a system that recognizes and respects each nation’s own sovereign and individual currencies.

“The SCO is really seen, in many ways, as sort of the vehicle by which Russia and the Chinese moved closer together,” Draitser tells Loud & Clear host Brian Becker. “This multilateral, international organization provides a potential platform, a potential forum for conflict resolution…”

“I think we have a new potential vehicle for peacemaking and prosperity-making,” he suggested.

The inclusion of India and Pakistan is the first expansion since the 2001 founding of the SCO. Taken with other recent economic unions, Russia, China, and many former Soviet republics are seeking to provide for their own opportunities, free of Western influence.

“I think there are a number of reasons why there is a potential for a lasting alliance here,” he says. “If you take these things together, what you see is one cohesive and coherent strategy for the creation of an antidote to the West.”

“That is to say,” he stated, “something that balances the unipolar hegemony of the United States and of NATO.”

Despite political conflicts between India and Pakistan, a new partnership between the two nations could work to prevent Washington’s ability to meddle in Asia.

What a novel concept! Using trade instead of arms to bring two diametrically opposed cultures and countries together.

Indeed, most of the turmoil that exists today in the world is not the result of ideologically charged governments wanting to impose their will, religion, or tyranny upon others, but mostly they have done so at the urging, behest, funding, and extortion by the United States to keep the world in perpetual chaos.

President Barack Obama’s foreign policy has been disjointed and even incoherent because he has since taking office in 2009 pursued conflicting strategies, mixing his own penchant for less belligerent “realism” with Official Washington’s dominant tough-guy ideologies of neoconservatism and its close cousin, “liberal interventionism.”

What this has meant is that Obama often has acted at cross-purposes, inclined to cooperate with sometimes adversaries like Russia on pragmatic solutions to thorny foreign crises, such as Syria’s chemical weapons and Iran’s nuclear program, but other times stoking these and other crises by following neocon demands that he adopt aggressive tactics against Russia, Syria, Iran and other “enemies.”

President Barack Obama talks with Secretary of State John Kerry and National Security Advisor Susan E. Rice in the Oval Office on March 19, 2014. (Official White House Photo by Pete Souza)
President Barack Obama talks with Secretary of State John Kerry and National Security Advisor Susan E. Rice in the Oval Office on March 19, 2014. (Official White House Photo by Pete Souza)

So, we have Obama covertly arming Syrian rebels, many of whom were interchangeable with Islamic jihadists, but then sending the U.S. military back into Iraq to fight some of these same extremists who spilled back into Iraq, the country where they got their start after President George W. Bush’s neocon-inspired invasion.

We also have Obama spending years ratcheting up sanctions on Iran over its nuclear program despite Iran’s repeated offers to accept limits that would guarantee no military applications and now finding that he needs Iran’s help to broker political changes in Iraq.

But all this is changing. In the past three years China, Russia, a BRICS coalition, and certain contingencies in the Middle East (Iran and Syria) have broken away from U.S. hegemony and are forging strong alliances that are first and foremost about trade, and secondly about military protections against Washington’s overt and covert methods of intimidation and violent overthrow. And from the infrastructures they have and are creating, the world is now ready to enter in with hands raised high to seek a real solution to their economic problems that kept them under bondage within the singular reserve currency model.

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