Tag "Phillyguy"
by Phillyguy for The Saker Blog Summary Among all of the events shaping post-civil war US economic development, one of the most prominent was the establishment of Standard Oil by John D. Rockefeller in 1870. Working with other US industrialists, along with domestic and international financial and banking interests, including the Rothschild’s London banking cartel, Standard oil decedents have dominated the fossil fuel industry and shaped US economic and social
by Phillyguy for The Saker Blog October 31, 2022 Summary The international news cycle has been dominated by the war in Ukraine, mounting tensions in the Taiwan strait and Middle East, rising inflation and high cost of energy and severe economic problems confronting the EU. Much less attention has been focused on what are the primary forces driving all of this? I believe this is a direct consequence of the
by Phillyguy for The Saker Blog Summary The US emerged from WWII as the world’s preeminent military and economic power. All of the pillars supporting US power are now threatened by decades of neoliberal economic policies, spending vast sums of taxpayer money propping up financial markets, the military and attainment of economic/military parity by the Russia-China-Iran axis. In this essay, I link the continuing economic and social decline in the
by Phillyguy for The Saker Blog Summary The US emerged from WWII as the world’s preeminent economic and military power. Seven decades later, American power is in decline, a direct consequence of decades of neoliberal economic policies, spending large amounts of public money on the military and attainment of economic/military parity by Russia and China. These policies have eroded US economic strength and are undermining the role of the dollar
by Phillyguy for The Saker Blog Summary The US emerged from WWII as the world’s leading military and economic power. US global hegemony is augmented by the ability of force projection virtually anywhere in the world and control of strategic waterways. The Arabian Peninsula and Horn of Africa occupy strategic locations in the Middle East/Africa and have been of significant interest to Global powers and resident countries for decades. In
by Phillyguy for The Saker Blog Summary The US emerged from WWII as the world’s leading economic and military power. Since that time US hegemony has been predicated on: 1) unrivaled military strength, 2) control of world’s energy reserves and 3) primacy of the US dollar as the world’s reserve currency. All of the pillars supporting US global dominance are now being threatened by continuing US economic decline coupled with
by Phillyguy for the Saker blog Introduction The US came out of WWII as the world’s dominant military and economic power. Since that time, US hegemony has been predicated on: 1) unrivaled military strength, 2) control of world’s energy reserves and 3) primacy of the US dollar. US dominance has become increasingly threatened due to its continuing economic decline, a process that began in the mid-1970s as US corporate profits
