+++ 14. Dezember 2016 +++
Economy, Russia: European Leaders Cling to Their Failed Policies
The new dynamic supplanting the geopolitics of the trans-Atlantic world is very much centered on China, and is strongly supported by Russia, India, and a myriad of other developing countries in Asia, Africa and South America that are looking to ensure a future.
Even the United States is ready for a change, as the surprise victory of Donald Trump made clear. And yet, European leaders are sinking deeper into the quagmire of the old paradigm, unable to change. Just witness their economic and strategic policies.
The financial dictates of the European Union have been a disaster, by all accounts. Austerity and lack of investments have plunged millions into poverty as the real economies are gutted. That EU policy was resoundingly rejected by Italian voters in the Dec. 4 referendum.
And yet, the Eurocrats are demanding more of the same medicine. German Finance Minister Wolfgang Schäuble stated outright on Dec. 5 that there was no reason “to talk about a euro crisis,” adding that Italy "has to continue on the path that Prime Minister Renzi has taken economically and politically." His colleagues came out with similar inane statements, just perhaps less bluntly.
On Greece, where nearly 40% of the population has already been pushed below the poverty line, Schäuble threatened on the same day that more draconian budget cuts be imposed and jobs cut, or Greece will have to leave the Eurozone. The finance ministers of that same zone then decreed that Athens will have to maintain primary surpluses of 3.5% of GDP up to 2028, in order to pay the debt. But no country in the EU is anywhere near that level, Germany being the closest, with a primary surplus of only 2,1% in 2014. So, no one expects the measures to work, but they won't admit it.
Meanwhile, Mario Draghi proclaims that quantitative easing will go on forever, despite its blatant failure. Not to mention the fact that the entire trans-Atlantic financial system could blow out at any time.
On Russia, it is to be greatly hoped that Donald Trump will follow through on his commitment to improve relations with Moscow, and cooperate in the fight against international terrorism. And yet, European leaders stick to their losing paradigm of confrontation. EU foreign affairs chief Federica Mogherini insisted the EU will not change its policy against Russia even if the United States under a President Trump does. She was echoed by British Prime Minister Theresa May, who raved against “increasing Russian assertiveness.” Meanwhile, François Hollande regularly issues impotent threats and warnings.
Angela Merkel, who was de facto anointed new chief of the “cold warrior” NATO coalition by Barack Obama in his post-election trip to Berlin, is already accusing the Russians of planning cyber-attacks to influence the German legislative elections of 2017, purportedly aimed against her. Rather ironic knowing how Obama's NSA was spying on the Chancellor herself and presumably every other institution in Germany.
And, of course, the EU sanctions against Russia are to be renewed, in spite of very strong opposition in all EU member countries.
Read also: Trump Victory: A Global Shock to a Dead System
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+++ 21. Dezember 2016 +++
Terror: Obama Issues Threats to Kill
On receiving the first reports, on Dec. 19, of the assassination of Russian ambassador Andrey Karlov in Turkey, American economist Lyndon LaRouche declared: “Put Obama on the list of suspects.”