An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
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Monday, October 19, 2015
Tony Cartalucci — US Pacific Hegemony vs. a Rising China
Ought to read backgrounder on China and US in the Western Pacific.
The Pentagon Papers are the wikileaks of their day, and they're still giving!
It's actually quite surprising that US planners were concerned with the rise of China back in the seventies. Here was a country that was a Maoist backward basket case while the US was absolutely supreme in every way imaginable. Yet in the midst of the wars in Vietnam, Laos and Cambodia, the architects of US policy were crafting policy in the area with an eye decades in the future. It's quite a call really: a backward peasant economy will be in a position to challenge US power in Asia!
The Pentagon strategists of that era must be weeping when they see who has inherited their offices. That a bunch of neoconservative dunces could take the place of competent strategists is almost inconceivable, yet it happened. How the hell did a gang of sadistic imbeciles with cloud cuckoo land fantasies become so dominant in the Pentagon, and for that matter in the State Department?
The Pentagon Papers are the wikileaks of their day, and they're still giving!
ReplyDeleteIt's actually quite surprising that US planners were concerned with the rise of China back in the seventies. Here was a country that was a Maoist backward basket case while the US was absolutely supreme in every way imaginable. Yet in the midst of the wars in Vietnam, Laos and Cambodia, the architects of US policy were crafting policy in the area with an eye decades in the future. It's quite a call really: a backward peasant economy will be in a position to challenge US power in Asia!
The Pentagon strategists of that era must be weeping when they see who has inherited their offices. That a bunch of neoconservative dunces could take the place of competent strategists is almost inconceivable, yet it happened. How the hell did a gang of sadistic imbeciles with cloud cuckoo land fantasies become so dominant in the Pentagon, and for that matter in the State Department?