The world is dividing into two blocs: a post-industrial US/NATO vs the Global Majority
President Biden has said that this war will be global in scope and will take many decades as it expands to ultimately isolate and break up China....
Economist Jeffrey Sachs has also been warning of this impending war, cold or hot, for some time.
See also Thucydides TrapMichael Hudson — On Finance, Real Estate And The Powers Of Neoliberalism
The Looming War Against China
Michael Hudson | President of The Institute for the Study of Long-Term Economic Trends (ISLET), a Wall Street Financial Analyst, Distinguished Research Professor of Economics at the University of Missouri, Kansas City, and Guest Professor at Peking University
Michael Hudson | President of The Institute for the Study of Long-Term Economic Trends (ISLET), a Wall Street Financial Analyst, Distinguished Research Professor of Economics at the University of Missouri, Kansas City, and Guest Professor at Peking University
See also
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Global Times (Jul 22, 2023)
Hey now, competition is not war ;)
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