Michael Hudson | A piece of advice: Buying U.S. debt is to provide ammunition for U.S. military expansion Source: Observer Network 2023-06-01 08:01 The June 5 deadline referred by US Treasury Secretary Janet Yellen has fallen, and the US debt ceiling negotiations have entered the final congressional voting juncture. House Speaker McCarthy, who was eager Continue Reading
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The Chinese character for China, denotes China as the middle kingdom and understandably so: It borders 14 sovereign states. To the north- Russia, Mongolia and Korea (since there is no formal separation of North and South Korea). To the west – Kazakhstan, Kyrgyzstan, Tajikistan To the south west – Pakistan, Afghanistan To the south – Continue reading »
The recent ‘Red Alert’ series, along with statements by some U.S, and Australian military leaders would have us believe that Chinese military forces could soon in waves be running up Bondi Beach invading our erstwhile peaceful land. Strange then, given this immediacy of threat, our military preparations are increasingly linked to AUKUS, its central plank Continue reading »
Military attaches from the United States and Australia were among the dozens invited to tour the People’s Liberation Army’s garrison in Beijing last week, the first event of its kind since the pandemic. The event signals willingness in China for exchanges with Western forces, observers say. The tour came as the US said it would Continue reading »
There are two major dimensions to the US/China strategic competition. One is ideology; the other is economics. Who will eventually win depends on who has a better combination of the two; discounting a war in which all will lose. There is a Chinese saying that a tree without deep roots easily falls over. Both the Continue reading »
A photo Beijing released on March 6th of Chinese President Xi Jinping’s foreign minister Wang Yi delivered a seismic shock in Washington. There he was, standing between Ali Shamkhani, the secretary of Iran’s National Security Council, and Saudi National Security Adviser Musaad bin Mohammed al-Aiban. They were awkwardly shaking hands on an agreement to reestablish Continue reading »
60 Minutes Australia has been playing a leading role in saturating Australian airwaves with consent-manufacturing messaging in support of militarising to participate in a US war against China. A segment they ran a year ago is titled “Prepare for Armageddon: China’s warning to the world,” and features an image of Xi Jinping overlaid with war Continue reading »
“Speak softly and carry a big stick.” The pithy words spoken by US President Theodore Roosevelt in 1901 has been said to be his ideal policy for the US. But in recent years, the “big stick” diplomacy has proven to be too simplistic for the world they used to dominate. The aphorism served the US well Continue reading »