Three years of declining economic growth in the European Union since they chose to stand lock-step with the United States on sanctions against Russia have brought the coalition of European countries to a turning point. And the one nation holding the best cards to take advantage of this is China.
On Jan. 14 President-Elect Donald Trump spoke with the Wall Street Journal and reiterated his desire towards seeking to improve relations with both Russia and China, and at the same time masterfully playing his obfuscation card with the media on what policies he truly intends to implement. In fact, his ability to promote both sides of an issue to different audiences has become one of The Donald's most powerful traits... which is the ability to go back and forth on a given topic without getting labeled with the politically divisive term 'flip-flopper'.
It has not been a very good year for the U.S. establishment, which saw their power take a severe blow with the election of Donald Trump as the next President. And when you couple this with the failures of the shadow government's gambit in Syria, perhaps it is not surprising that the once great nation known as America is little more than a paper tiger who is now relegated to blaming scapegoats for just about every one of their failures.
There is an interesting concept that perhaps even alternative economists, much less mainstream shills, never took into account... and that is that perhaps many of the trade deals that ended up removing American jobs twenty years ago weren't exactly in the best interests of those who signed them.
Of the many themes that will go down in history for the year 2016, perhaps one of the most significant will be the pivot of nations away from the U.S. sphere of influence, and their move over to America's perceived adversaries. Yet even this is just a microcosm of the great frequency change taking place that seems to even go beyond the 'Shmitah' phenomenon, and is similar in scope to changes incurred globally during the second decade of century 100, 200, and even 1600 years before.
Puns in the title of this article aside, an interesting divergence in the European Union force started taking place over the weekend as all of a sudden, Greece is looking towards Russia to partner with them on several large industrial deals.
Ever since the year 2000, the United States has used a combination of overt and covert wars to eliminate any leader or country that sought to function outside the U.S. controlled petro-dollar system. And with the revelations that there were no 'weapons of mass destruction' in Iraq when former President George W. Bush used that lie to invade and assassinate Saddam Hussein, the real reasons that he sent in the military to eradicate the government once and for all were due to the fact that Hussein was in the process of selling his oil in currencies other than the dollar.
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.