Mario Draghi the former Central Banker of the ECB has predicted that Europe risks going bankrupt, falling apart if it does not plan an investment plan of 800 billion euros every year.
The ever-shrinking US has for 2024 paid in interest to service the public debt that reaches 35 trillion. about 1.1 trillion dollars. dollars.
Watch out for 1.1 trillion. dollars in interest on a total GDP of 28.7 trillion. dollars. In other words, to service its debt, the US pays 3.8% of its GDP in interest.
These are all dead ends. All this leads with mathematical precision to economic collapse and if we factor in the cost of energy in global economic terms it comes to the conclusion that debt management and energy costs are 29% of global GDP.
The case of Russia
Why did Russia manage to afford, despite the historic proportions, faced by the West with sanctions of an unprecedented scale?
It has tremendous wealth-producing sources, in energy, grains and many other things, but these alone are not enough, they already existed. Russia was able to afford it because it turned its economy into a war economy so the entire population went into a wake-up call and everything works for the military.
The West sees this example. He saw that the Russians endured because they became a war economy in combination with other measures such as channeling natural gas and energy to third countries or the Global South and turning to China and Asia.
War everywhere to restart
Historically, if we evaluate the megacycles of history that change every 600 to 650 years, a great restart is needed in economies, societies, nations – states. Globalization has failed under some assumptions – though not completely – yet we are experiencing a toxic period of decline. History teaches that to make a brave and effective restart requires an event that will be instantaneous and leveling.
The best tool for change is war yes the one with ugliness, blood, death, the dead, the injured, the maimed, but the human species continues to thirst for change and blood.
Globalization made a mistake
Globalization as a mechanism of opportunity is not wrong, but the model of economic globalization failed because it simply gave the elites the opportunity to become rich.
Never in history has the planet had so many billionaires. There are now 2,781 people on the Forbes billionaires list, with a total net worth of a record $14.2 trillion from 78 countries. In fact, the planet will have its first trillionaire in 2025.
Globalization did not make the middle class richer and at the same time it dramatically increased the inequality between rich and poor. It is impressive but 2% of the Earth’s population controls 84% of the world’s wealth as paradoxical as it may seem.
Let’s see what’s going on in the world:
- Russia is at war with NATO in Ukraine.
- Europe stupid Europe considers Russia an enemy and is fighting Russia through Ukraine.
- Israel is at war with Lebanon and Muslim organizations Hamas and Hezbollah.
- The US wants to bring China to its knees… and Taiwan is a hot spot.
- China considers Taiwan its historical territory and is preparing
- North Korea has already mobilized 1.4 million soldiers because it is threatened by South Korea… or vice versa.
The whole planet is on fire and here the big stake is who will win?
The answer has already been given… the US will not win they will retain power but a declining one. The great success of Russian President Putin is not that he won NATO militarily because Russia is fighting for its historical territories but because he broke the world into multipolar and brought a historic change in the world of corruption and unacceptable US monopoly that made war on anyone they wanted, killed anyone and pretended to be the world policeman.
The abscess has been broken but the stake here is that we don’t get any more world policemen. Europe has proven that she is not a leader but a spoiled whore who follows orders.
