Abramson only says the half of it. The West (and the Bulwark) has focused on the wrong part of the economic war, and has deluded itself about how cleverly we are back footing Russia economically.
Wrong! The advantage in the economic war is on Putin’s side. He can take the immediate pain we are inflicting, but is preparing a death blo…
Abramson only says the half of it. The West (and the Bulwark) has focused on the wrong part of the economic war, and has deluded itself about how cleverly we are back footing Russia economically.
Wrong! The advantage in the economic war is on Putin’s side. He can take the immediate pain we are inflicting, but is preparing a death blow we don’t even see coming, and which, due to our divisions and unwillingness to endure discomfort, let alone any real pain, will have an effect on us many times as effective as the effect of our efforts on Russia.
America is a fragile, teetering, termite ridden economic structure lacking only a stiff breeze to knock it down. The only reason the US has not already become Argentina several times over is the dollar happens to be the world reserve currency and no adversary has even tried to create an alternative. This is a historical accident and not a fact of nature. Putin is putting together a coalition of fossil fuel states, third world states, and states that look to dethroning the dollar as their long term goal, to crush the US political will to resist with inflation in general and fossil fuel inflation in particular.
He knows that the higher gas prices go the more certain the US will return his agent to power. Trump restored is even better than a battlefield victory.
He also knows that the chaos associated with that event, and the consequent internecine internal war in the US which he has been fomenting for decades, will eventually result in a flight from the dollar. This in the long term (a Half decade to a decade) will render the US as helpless and irrelevant in the next century as China was in the 19th century. This outcome is why China is carefully going along. Putin is not just trying to restore the Tsarist empire. He aims for Russia to be in the world what America has been after 1945.
We are focused on military outcomes and smugly imagine we are strong economically where the adversary is weak, but the fact of the case is entirely otherwise. Oblivious to the actual economic war that is underway, we are advancing cluelessly into a Cannae.
Abramson only says the half of it. The West (and the Bulwark) has focused on the wrong part of the economic war, and has deluded itself about how cleverly we are back footing Russia economically.
Wrong! The advantage in the economic war is on Putin’s side. He can take the immediate pain we are inflicting, but is preparing a death blow we don’t even see coming, and which, due to our divisions and unwillingness to endure discomfort, let alone any real pain, will have an effect on us many times as effective as the effect of our efforts on Russia.
America is a fragile, teetering, termite ridden economic structure lacking only a stiff breeze to knock it down. The only reason the US has not already become Argentina several times over is the dollar happens to be the world reserve currency and no adversary has even tried to create an alternative. This is a historical accident and not a fact of nature. Putin is putting together a coalition of fossil fuel states, third world states, and states that look to dethroning the dollar as their long term goal, to crush the US political will to resist with inflation in general and fossil fuel inflation in particular.
He knows that the higher gas prices go the more certain the US will return his agent to power. Trump restored is even better than a battlefield victory.
He also knows that the chaos associated with that event, and the consequent internecine internal war in the US which he has been fomenting for decades, will eventually result in a flight from the dollar. This in the long term (a Half decade to a decade) will render the US as helpless and irrelevant in the next century as China was in the 19th century. This outcome is why China is carefully going along. Putin is not just trying to restore the Tsarist empire. He aims for Russia to be in the world what America has been after 1945.
We are focused on military outcomes and smugly imagine we are strong economically where the adversary is weak, but the fact of the case is entirely otherwise. Oblivious to the actual economic war that is underway, we are advancing cluelessly into a Cannae.