1/ Americans are deeply compassionate but they live in a system where everything is about profit and there isn't one universal human value that can hold ground against the profit making machine that crushes everyone.https://twitter.com/reveal/status/1015339835643478016 …
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2/ Just like the USSR collapsed from the inside because its brand of communism crushed the individual, American Capitalism will collapse and it only held until now because each individual kept dreaming that he may profit from the system. But this is no longer the case.
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3/ Rising inequalities at home and cost of wars abroad are enriching only few and putting unbearable pressure on the American brand of capitalism. If nothing is done, this will lead to an implosion. One may sense that it has already started.
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4/ Remember, no one predicted the collapse of the Soviet Union, not even its closest watchers.
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Replying to @les_politiques
🕷️ Dominic 🕸️ | دومينيك الحلو Retweeted 🕷️ Dominic 🕸️ | دومينيك الحلو
... now I realise that I'm not a highly valued Western "analysts" or "journalists" ... but here it is anyway - something I tweeted a while ago - humbly submitted for your amusement ... (on my blog would be also a long essay in German on this)https://twitter.com/domihol/status/961416095398879233 …
🕷️ Dominic 🕸️ | دومينيك الحلو added,
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Replying to @domihol
There are always different levels of analysis, macroanalyses are what is missing most of the time, they require deep and diverse knowledge. Good thread.
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Replying to @les_politiques
... basically - the conclusion in my essay is that the Petrodollar allows the USA to wage war without having to count $ but also forces it to wage wars ... and that the end is unpredictable - but most likely not good news - even for those of us who wish America not the best.
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Replying to @domihol
America's post 911 wars are made possible by borrowing, 100%. http://watson.brown.edu/costsofwar/files/cow/imce/papers/2018/Cappella%20Zielinski_June%202018_War%20Financing%20and%20Inequality.pdf …pic.twitter.com/sBTnOVVKuI
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Replying to @les_politiques
... yes - the change came with the Vietnam war ... which necessitated the birth of the Petrodollar system ... so far it works like clockwork ... and if TRUMP talks about "savings" - it is for an audience that still thinks their taxes pay for wars ...
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oil & gas 4.6.-5.6% of global economy. FX market DAILY trading volume ca $5.3 trillion dwarfs equities & oil. support behind USD: can be used worldwide without permission from USA single currency with a single federal debt market where BIG money can park https://www.armstrongeconomics.com/markets-by-sector/foreign-exchange/usd/is-the-dollar-really-a-petrodollar-anymore/ …
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