CarmineCatboy2 [he/him]

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Joined 1 year ago
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Cake day: February 8th, 2024

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  • To be honest I just think that in the short history of US hegemony there’s been a massive political hazard when engaging in consumption led growth. The moment your country is unable to finance itself the US swoops in and seizes everything like a vulture. Sure, with export oriented growth means you’re dependent on the US for its financial system and debt driven consumption. The hazard isn’t gone there either. But go back 40-50 years in time and every peripheric developmentist country was permanently crippled by the US Fed. As bad as things have gotten for the likes of Japan and South Korea, they haven’t devolved into Brazil or Turkey - which, for that matter, are two best case scenarios.

    China at one point looked up towards the developmentist third world. It is now looking down on them and asking what went wrong.

    The double circulation strategy is something the chinese government has talked about directly. So it is something that they are doing. But, medium term, they also have to slowly wean themselves off a western led finance, banking and trade system first. With the way things are set up now, the US gets the short end of the stick of any trade war against China. If things are progressing further, why rock the boat and risk changing that calculus?








  • I think the best way to describe it is a security competition between Israel and Turkey. Israel keeps boosting the kurds and portraying itself as a defender of minorities, looking for whoever they can in the south that would support their occupation. Erdogan has to respond to the nationalist and religious demand inside Turkey for reprisals against Israel so he talks as big game as well. They still do business behind closed doors without really trusting one another.

    Basically, between Israel’s landgrab and Turkey’s support for the new government in Damascus you have two frenemies of convenience who are united in their relationship with the US and in shutting out Iran but otherwise angling to see the final shape of that sudden victory against Assad’s government. Hence all the ‘will they or won’t they’ in regards to Russia keeping their bases in Syria, which is suddenly supported by Israel just as counterbalance to Turkey.