Thursday, May 30, 2019

Auerback: American Global Hegemony Is Breaking Down, Here's What Comes Next

"Authored by Marshall Auerback, produced by Economy for All, a project of the Independent Media Institute,

The breakdown in the Sino-U.S. trade talks has led a number of commentators to suggest that America’s “unipolar moment” of post-Cold War preeminence is over, as Washington lashes out against a rising China, whose economic rise threatens America’s historic dominance.

Direct military violence is highly unlikely, given the inherent fragility of high-tech civilization. We therefore may see Cold War–style conflict between the two superpowers, as relations in trade or national security matters become increasingly poisoned..."

at https://www.zerohedge.com/news/2019-05-30/auerback-american-global-hegemony-breaking-down-heres-what-comes-next

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