When the leaders of China, Russia, India and 17 other nations met in Beijing recently to discuss a new world order with themselves as the core alternative to the U.S. led world order that has prevailed during the post World War Two era, it was prompted as a response to sanctions President Trump has placed upon nations helping Russia break sanctions from the west. Sanctions to redress compiled U.S. trade imbalance and stimulate domestic American production were a synthetic combination of basic trade realignment and sanctions created on Russia and its numerous allies for asserting historical rights in Ukraine militarily.
President Trump failed to reverse the Biden-Lindsay Graham approach to complete support for West Ukraine and war on Russian Eastern Ukraine and that policy is predictably bearing fruit. In the history of the world and the United States following the second world war the emerging nations of the world have long aspired to rise to a standard of living equal to the west, while American led western business sought global markets to invest in. After the end of the Cold War a new world of markets for sales and production arose with the west investing in emerging economies heavily.
Russia for a time received much U.S. and western investment and was on track to become a full member of the western led global economy even while India and China were developing to such an advanced stage as to aspire to be rivals for world leadership in economics. Russia China and India developed or redeveloped nuclear military capabilities, and when Russia invaded Eastern Ukraine in response to the west reneging on promises not to expand N.A.T.O. apparently in an effort to created economic and military hegemony over Russia- possibly with the idea that Ukraine could be a lever not only for military purposes, but to help with continuing domination of the world economy by militarily degrading Russia and intimidating China into compliance with Western trade criteria forced upon it, a crucible was made that brought BRIC nations to support Russia and finally seek economic independence from the West.
The maladroit U.S. leadership in regard to the Ukraine war that followed the Clinton administration’s carpet bagging approach to taking all of Ukraine for the west and not sharing it with its historical owner-Russia prompted the military reconquista effort by Russia and aggressively promoted the unification of BRIC nations, North Korea and Iran and many others in a compact both formal and informal to stand against the power of the west. Compelling a major world political and economic schism in order to try to assert Western hegemony over the Ukraine and the globe was a stupid policy approach. With cooperation with Russia and China instead of belligerency the United States and Europe would have enjoyed decades of prosperity and stability. As it stands the West faces major economic challenges; the U.S. has vast left and right wing generated public debt and a global trading production and competition with the younger, more populous and very hard working, intelligent Eastern and BRIC nations as adversaries rather than partners. Even as that occurs the Trump administration has taken up the Biden-Graham militarism policy of supplying weapons to Ukraine in order to continue the conflict in Ukraine.
Continuing support for the Ukraine war will continue to stimulate the East and BRICs to build an economic house of self-reliance apart from the west. And of course with the vast scale of the India and China production and trade markets it is inevitable that the west will continue to defect to trade with the Eat and BRICs and not cohere within sanctions on Eastern allied nations in trade.
President Trump’s betrayal of his own campaign promises to swiftly end the Ukraine war was his own worst betrayal of his own policies that might have rectified global trade to a natural free flowing status normalizing relations with Russia without forcing Russia Eastward in very tight new economic, military and trade agreements. A future U.S. president will need to try to rectify the failed Trump isolationist policies, yet in the interim there may be additional economic disadvantages that compile and present new additional challenges to repair.
No comments:
Post a Comment