Wherever one looks, it is evident that
the post-war Establishment élites are on the backfoot. They maintain a studied panglossian hauteur. But whether it is in Britain, where a PM seems ready to sacrifice her own party's future on the altar of maintaining the cosy nexus
between big business and Brussels' smug ambitions to be a global economic player, rivalling the US or China. Or, whether it is Trump's readiness to put America's financial system into fiscal and debt jeopardy, in order to keep the cogs and wheels of
the Military Industrial Complex whirring and spinning comfortably - at a time when US government over-spending already threatens to break dollar 'trust'.
Or, whether it is Europe,
where the abrupt ECB reversal marks a huge conceptual failure... [i.e. the destruction and transfer of wealth from Eurozone savers, to rescue debtors; and from the general public to the banks, government and large corporations to rescue their balance sheets]. This has contributed materially to having turned the Eurozone into an economic zombie, and
having radicalised a large and hostile constituency.Or, whether it is manifest with the EU's evident befuddlement upon China's tectonic 'landing' at Rome last month, heralding the shift of the global trade 'plates'. Maybe the EU leaders do 'get it' - that the EU is already on the slipway, gliding down towards 'new waters', slipping towards its sibling separation from the erstwhile 'parental home' of the trans-Atlantic relationship, to a new life in which a Chinese partner features. But if so, strategic thinking is not evident.
Comment: Well now, this is interesting.
The Russians are saying that the US government, not 'socialist dictator' Maduro, is substantially responsible for Venezuela's dire economic situation.
US/Western credibility is finished if the Russians can a.) prove this to be so, and b.) communicate it to the Global South/East.