In various articles and in my latest book, The Failure of Laissez Faire Capitalism and Economic Dissolution of the West, I have pointed out that the European sovereign debt crisis is being used to terminate the sovereignty of the countries that are members of the EU.
It was a power play by Washington to kidnap Snowden from Bolivia’s presidential airliner in defiance of international law and to teach upstart reformers like Morales that independence from Washington’s orders is not permitted.
Washington’s sordid interventions against Snowden and Morales give the world another chance to hold Washington accountable before Washington’s hubris and arrogance force the world into a choice between accepting Washington’s hegemony and World War III.
Washington’s lawlessnessis being established as the new normal.
The South American governments are unlikely to stand together against Washington’s affront. A few of the countries are led by reformers who represent the people instead of the rich elites allied with Washington, but most prefer calm relations with Washington and domestic elites. South Americans assume that Washington will succeed in overthrowing the reformers as it has in the past.
The lust for Washington’s money blinds Europe to the real consequences of the free trade deal.What the deal will do is to fold Europe’s economies into Washington’s economic hegemony.The deal is designed to draw Europe away from trade with Russia, just as the Trans-Pacific Partnership is designed to draw Asian countries away from China and fold them into US-structured relationships.These deals have little to do with free trade and everything to do with US hegemony.