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Date Posted: 21:16:39 4/30/23 Sun
Author: Jasper
Subject: Fred on Everything

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A wag once described Washington as a federal conclave surrounded on all sides by reality. In this there is much truth.It is a city isolated from what it doesn’t want to know, wallowing in its supposed indispensability and unaware of how much of the world wants, and intends, to dispense with it.

The dispensing-with goes apace, mortal but not spectacular. From David P. Goldman of Asia Times: “Central Asian countries increased imports from China in March by 55% over the year-earlier month, beating the 35% jump in Chinese shipments to Southeast Asia reported previously...There’s another geopolitical consequence of China’s export prowess in Central and Southeast Asia: China’s exports to the Global South and BRICS countries in March reached a seasonally-adjusted annual rate of $1.6 trillion a year…That’s nearly four times China’s exports to the United States and more than the combined total of China’s exports to the US, Europe and Japan…That represents a geopolitical point of no return of sorts, the moment when China’s economic dependence on the United States in particular and developed markets in general slipped behind its economic standing in the developing world.”

The European show is over, the curtain beginning to fall, and people get up to leave the theater. Yet in Washington they still talk of America as a shining city on a hill, not and Anglo favela. The center of gravity of economy, technology, science, and finance moves eastward

https://fredoneverything.org/twilight-of-the-european-peoples/

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