https://twitter.com/ggreenwald/status/1673327367077412868
This is hilarious:
John Kerry is on a tour flamboyantly depicting Russia as a rouge state for invading a sovereign country, only for French journalist to remind him the US has invaded multiple countries, and Kerry himself voted to authorize the Iraq War. Watch:
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De Fransen zijn veel minder geneigd altijd maar mee te gaan met het aanmatigende Angelsacksische geleuter.
"The Triffin Dilemma is coming home to roost."
By confisquating the national reserves of Russia , worth 300 billion and probably promised as reparations to Ukraïne/Zelensky beforehand , dedollarisation has actually been given a boost by the U.S itself. It seems like the U.S. literally shoved their chips "all in" and took a big calculated risk.
I wonder what the plan is to prevent the hyperinflationary endgame that is in store for the U.S. ( i.e. is inherent to the Triffin Dilemma) from unfolding, and inevitably reducing the U.S. to a third world country.
I have no idea what the timeframe is, but natural resources and the Triffin Dilemma are center to all tensions and disputes that are emerging now.
The pipeline terrorism must be seen as a way to very effectively criple European industry, while at the same boosting U.S.'s LNG profits and competitive edge vis a vis Europe. The question is whether this economic subservience is justified, and if so, what are the limits to this subservience or historic loyalty?
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