Through Corruption, Arrogance and Incompetence: The West Has Lost Already

Sounds harsh and even flippant, but the logic of history and economics is irrefutable. The US empire is going down, a victim of its own obvious mistakes, the weight of innumerable errors neglected by the colossal level of hubris and corruption permeating the ruling elites of the West, headquartered in Washington, and the inexorable, myopic often chaotic thinking inherent in capitalism. Ironically, it is not solely the defeats in the military sense that are contributing so much to the downfall from supremacy, although they represent a major component of the problem, but, as Lira points out, the concomitant bloating of the financial sphere, where the accumulating contradictions of capitalism, chiefly the US public and private debt, and the resulting loss of dollar solvency, are causing a refusal by hitherto key "vassal" nations (i.e., Saudi Arabia) to continue trading exclusively in dollars. This, says Lira, and we agree entirely, is hammering the last nails into the Anglo-American empire coffin, regardless of the outcome of the Ukrainian war.—PG