Dr James Petras
Washington’s militarist imperial policies undermine Europe economically & destabilize the rest of the world militarily
The Obama Administration actively pressured Europe to impose harsh sanctions on Russia in order to defend the violent takeover (‘regime change’) in the Ukraine. England, France, Germany and the rest of the European regimes gave in to Washington’s demands.
Russia responded by imposing reciprocal sanctions, especially on agriculture goods, and is establishing alternative trading partners and increasing trade with China, Iran, Latin America and Africa.
The sanctions policies occur at a time when Europe’s economies are in deep economic crisis, exacerbating long-term stagnation and chronic recession. This paper will identify and analyze the crisis and how US-led sanctions policy is fracturing the European Union. Secondly, we will analyze how Washington’s militarist imperial policies undermine Europe economically and destabilize the rest of the world militarily. Thirdly, we will discuss how the European leaders are prodded by Washington, to put it crudely, through an aggressive ‘buggering process’, to surrender their economic sovereignty and how capitulation to the US project in the Ukraine will lead to their long-term decline and decay. Finally, we will discuss the long-term perspectives for a re-aligned world economy where military conflicts can result in large-scale changes.
From Stagnation to Recession from Sanctions to Depression
Across Europe, without exception, recession stalks the economies. The dominant countries, Germany, France and Italy are mired in recession, acutely exacerbated by the sanctions against Russia dictated from Washington. From Nordic Finland, passing through the Baltic States to Central and Southern Europe, the Eurozone ‘recovery’ is ‘kaput’! The ‘triple whammy’ of capitalist disinvestment, economic sanctions and wars has provoked a deepening economic crisis.
Complete story at - Obama Buggers Europe: Sanctions Deepen the RecessionWashington’s militarist imperial policies undermine Europe economically & destabilize the rest of the world militarily
The Obama Administration actively pressured Europe to impose harsh sanctions on Russia in order to defend the violent takeover (‘regime change’) in the Ukraine. England, France, Germany and the rest of the European regimes gave in to Washington’s demands.
Russia responded by imposing reciprocal sanctions, especially on agriculture goods, and is establishing alternative trading partners and increasing trade with China, Iran, Latin America and Africa.
The sanctions policies occur at a time when Europe’s economies are in deep economic crisis, exacerbating long-term stagnation and chronic recession. This paper will identify and analyze the crisis and how US-led sanctions policy is fracturing the European Union. Secondly, we will analyze how Washington’s militarist imperial policies undermine Europe economically and destabilize the rest of the world militarily. Thirdly, we will discuss how the European leaders are prodded by Washington, to put it crudely, through an aggressive ‘buggering process’, to surrender their economic sovereignty and how capitulation to the US project in the Ukraine will lead to their long-term decline and decay. Finally, we will discuss the long-term perspectives for a re-aligned world economy where military conflicts can result in large-scale changes.
From Stagnation to Recession from Sanctions to Depression
Across Europe, without exception, recession stalks the economies. The dominant countries, Germany, France and Italy are mired in recession, acutely exacerbated by the sanctions against Russia dictated from Washington. From Nordic Finland, passing through the Baltic States to Central and Southern Europe, the Eurozone ‘recovery’ is ‘kaput’! The ‘triple whammy’ of capitalist disinvestment, economic sanctions and wars has provoked a deepening economic crisis.
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