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by tored 445 days ago
What Trump did was to pull out the rug under the European establishment, which have all built their political existence on the transatlantic cooperation.

Who is to blame? European establishment wants of course the citizens of Europe to blame Trump and not them for not preparing for this eventuality.

But the truth is that almost all of them are responsible for neglecting what is the best interest of Europe. Thus they play this game.

1 comments

Hard times are ahead if nations start to care only about their best interest and not about what is the best interest of the whole world.
Globalization died with Covid when it became obvious that the old order no longer functioned in a world with lockdowns and pandemics, it disrupted the entire supply chain.

Then globalization died a second time with the Russia’s war in Ukraine, with the emergence of BRICS and the consequences of sanctions and the breakdown of the global monetary system.

Covid was a hiccup for global trade. The just in time supply chains created by the constant whittling/looting of the MBA class were the problem.

Globalization died when the small minded monster Republicans had been farming for decades escaped its talk radio cage and found Trump. Trump (and his loser-mentality enablers) saw systems they didn't understand, and more irritatingly other parties who wouldn't just lap up shit as they were bossed around, and inferred this meant the US must have been getting a poor deal instead of an awesome one. (BuT tHE dEbT!!1!)

I think what your comment proves is that many Americans are stuck in the Democrat vs Republican mindset and thinking that kind of explanation actually works in a global context.

Pax Americana is over, US is no longer capable of dictating globalization to the rest of the world, why? Because many countries has caught up.

There's a world of difference between accepting a shift in relationships from 'dictating' to being more equal partners, versus deliberately trashing relationships and doing your best to alienate.

If the US weren't still some kind of world leader, USD would be in the toilet as other countries would have dropped most of their USD holdings. The current regime seems to be doing their best to make that happen, whether for cryptocurrencies, foreign agents, or just simple-minded looting.

I'm an American libertarian. It's not Democrat versus Republican. It's conservative versus neofascist/patrimonialist.