Paul Craig Roberts: The Consequence of Globalism Is World Instability - financialanalysis


Popular Posts

Friday, February 7, 2020

Paul Craig Roberts: The Consequence of Globalism Is World Instability

The thoughtless people who constructed “globalism” overlooked that interdependence is dangerous and can have massive unintended consequences…
by Paul Craig Roberts .The Consequence of Globalism Is World Instability.
If the coronavirus proves to be serious, as it does not appear to be at the present time, many economies could be adversely affected. China is the source of many parts supplied to producers in other countries, and China is the source of the finished products of many US firms such as Apple. If shipments cannot be made, sales and production outside of China are affected. Without revenues, employees cannot be paid. Unlike the financial crisis of 2008, this would be an unemployment crisis and bankruptcy of large manufacturing and marketing corporations.
This is the danger to which globalism makes us vulnerable. If US corporations produced in the US the products that they market in the US and the world, an epidemic in China would affect only their Chinese sales, not threaten the companies’ revenues.
The thoughtless people who constructed “globalism” overlooked that interdependence is dangerous and can have massive unintended consequences. With or without an epidemic, supplies can be cut off for a number of reasons. For example, strikes, political instability, natural catastrophes, sanctions and other hostilities such as wars, and so forth. Clearly, these dangers to the system are not justified by the lower labor cost and consequent capital gains to shareholders and bonuses to corporate executives. Only the one percent benefits from globalism.
Globalism was constructed by people motivated by short-term greed. None of the promises of globalism have been delivered. Globalism is a massive mistake. Yet, almost everywhere political leaders and economists are protective of globalism. So much for human intelligence.
At this point of time, it is difficult to understand the hysteria over coronavirus and predictions of global pandemic. In China there are about 24,000 infections and 500 deaths in a population of 1.3 billion people. This is an inconsequential illness. Compared to the ordinary seasonal flu that infects millions of people worldwide and kills 600,000, the coronavirus so far amounts to nothing. Infections outside of China are miniscule and appear to be limited to Chinese people. It is difficult to know for certain, because of the reluctance to identify people by race.
Yet China has huge areas in quarantine, and travel to and from the country is restricted. Nothing like these precautions are taken against seasonal flu. So far this flu season in the US alone 19 million people have been sickened, 180,000 hospitalized, and 10,000 have died. The latest report is that 16 people in the US (possibly all Chinese) have come down with coronavirus, and none have died.Perhaps the coronavirus is just warming up and much worse is to come. If so, world Gross Domestic Product (GDP) will take a hit. Quarantines prevent work. Finished products and parts cannot be made and shipped. Sales cannot take place without products to sell. Without revenues companies cannot pay employees and other expenses. Incomes decline across the world. Companies go bankrupt. You can take it from here.
If a deadly coronavirus pandemic or some other one does erupt and there is a world depression, we should be very clear in our mind that globalism was the cause. Countries whose governments are so thoughtless or corrupt as to make their populations vulnerable to disruptive events abroad are medically, economically, socially, and politically unstable.
The consequence of globalism is world instability.
Netanyahu is using his puppet, the President of the United States Donald Trump, to continue to create conditions for Americans to die fighting for Israel…Film-maker Oliver Stone has won 12 Academy Awards for his films.  But this outstanding record doesn’t help when he seeks financing for a film critical of one of America’s wars.
“You do those kinds of stories, it’s not going to happen.”  Stone said that his dissent from the pro-war narrative has brought him “economic censorship.”Hollywood practices the same censorship as CNN, the New York Times, and the rest of the presstitutes who champion war. Stone notes that we never hear the point of view from the countries that are labeled “threats,” such as Russia, China, North Korea, Iran, and Venezuela.
The Democrat and Republican political parties are also all for war. The Democrats won’t even let Tulsi Gabbard participate in the New Hampshire presidential Town Halls, because she is not a partisan of war.
Stone says that the fact that Democrat leaders such as Hillary Clinton and Joe Biden are as pro-war as Dick Cheney and the Zionist neocons “shows you how locked up America is.”  As Putin said in the interviews Stone did with him, “It doesn’t make a difference who is President of the United States.”  Washington’s  policy is hegemony achieved through war.
Trump said that he wanted to get America out of war.  Trump said he would normalize relations with Russia and withdraw American forces from the countries that George W. Bush and Obama had invaded with US troops or with proxies called “freedom fighters.”  However, under pressure from “Russiagate” and “impeach-gate,” Trump has fruitlessly sought protection from the powerful Israel Lobby, all for naught.  The most active people in Trump’s impeachment are Jewish members of the Democrat majority in the house and most of the contrived and false witness testimony against Trump was from Jews.
Nevertheless, Trump has put his presidency at the service of Israel.  Trump recently said that he withdrew from the solid multi-state agreement with Iran, which Iran kept by ceasing to enrich uranium that could be used for weapons, because Israel wanted him to.  Here is Trump in his own words kowtowing to Netanyahu at a joint press conference with indicted felon Benjamin Netanahu, Prime Minister of Israel, in Washington on Tuesday, January 28, 2020, a performance by an American President that must embarrass every American and make them feel deep shame:
“As everyone knows I have done a lot for Israel; moving the United States embassy to Jerusalem [al-Quds], recognizing the Golan Heights, and frankly perhaps most importantly, getting out of the terrible Iran nuclear deal,” said the US president to a roaring pro-Israel audience at the White House.
Trump’s movement of the US embassy to Jerusalem is contrary to the position held by the rest of the world and by Washington until Trump violated the UN position.  Trump does not own the Syrian Golan Heights, Israeli seized territory that cannot be annexed into Israel according to international law, and has no authority or legal power, other than might is right, to give Syrian territory to Israel.  But Trump did.
Notice:  Trump provides reasons for impeaching him, but it would have required the Democrats to take a position against Israel, something they will never do.  And neither will the Republicans. Both parties are owned lock, stock and barrel by the Israel Lobby.
Therefore, America’s war in Israel’s behalf in the Middle East will continue.  Israel wants the water resources of southern Lebanon, and as Israel’s two failed attempts demonstrate Israel is unable to achieve this on its own.
Twice Israel sent the vaunted Israeli Army into southern Lebanon to occupy the region, and twice the vaunted Israeli Army was sent fleeing for its life by the Hezbollah militia.
Hezbollah is funded and supplied by Syria and Iran, and this is the reason that Netanyahu is using his puppet, the President of the United States Donald Trump, to continue to create conditions for Americans to die fighting for Israel against Syria and Iran.
Trump would willfully comply with Netanyahu’s instructions, but Russia is in the way.
The question before us is whether Russia in order to gain acceptance from the West will sell out Syria and Iran in exchange for membership in the corrupt politics and social dysfunction of the Western World.
Considering the Western interests of significant Russian movers and shakers —oligarchs—who were enriched by the US takeover of Russia during the Yeltsin years, it is not inconceivable that the Russian government would accept Greater Israel in the Middle East in exchange for membership in the Western World.
Russia is very susceptable to being corrupted by the West.  Life under communism, or tales thereof, have prejudiced much of Russian youth against Russia.  There is a belief that America is Nirvana where streets are paved with gold.  The success of American propaganda is world wide, and this is a huge weakness for Russia.  Today Washington-financed NGOs can bring thousands of Russian youth into the streets to protest Putin, which makes headlines in the US and supports Washington’s propaganda that Putin is a dictator who suppresses Russian democracy.  That the Russian government permits this fifth column activity indicates a lack of confidence on the part of the Russian government. Washington seizes on the lack of Russian confidence and increases the pressure.
With Washington and its European vassals operating against Russia every minute of every day, week, month, year, the Russian government could fall again as it did in 1991.  Russia is far from home free. Russian sovereignty is still not guaranteed.
Washington is the source of war.  Washington is the only country that invades, bombs, demonizes, and threatens other countries.  The threat of war resides only in Washington.
Trump murdered a high-ranking government official of Iran, Soleimani, who was on a peace mission on a commercial flight to Iraq where he was invited.  This was both a crime and an act of war.  Russia suppressed the Iranian response, so now Washington is threatening to murder the successor of Soleimani.
The world turns a blind eye.  Americans are indoctrined to see Iran, like Russia and China and North Korea and Venezuela, as an enemy.  So the more Iranians who are killed, the happier the indoctrinated Americans.
Europe and Japan, being Washington’s vassals, are useless in introducing any restraint and intelligence into deterring Washington’s drive for world hegemony in Israel’s service.
The conclusion is that War Is Our Future.  The coronavirus, assuming it is not just another pandemic hype like bird flu, SARS, swine flue, etc., will kill far less people than nuclear weapons.
Indeed, Washington and its wars are a threat to the life of planet Earth. The world is trapped in Washington and Israel’s ambitions.  As Russia and China refuse to put their foot down and continue to stupidly open themselves to American interference and, perhaps, biological attack, war is our future. When the button is pushed, we will cease to exist.  And so will the animals, the birds, the plants and trees.
Only ruin created by Washington will remain.

No comments:

Post a Comment