SimulatedLiberalism [none/use name]

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Joined 1 year ago
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Cake day: July 18th, 2023

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  • Putin who was Prime Minister at the time actually openly criticized President Medvedev for not vetoing the resolution at the UN Security Council [resolution number 1973]. This was the first major fallout between Putin and Medvedev back in 2011.

    Medvedev was very keen to please Obama, among many things he signed a massive deal with Boeing that led to the disintegration of the Russia aviation industry, one of the last legacies of the Soviet Union. It’s a miracle that they still managed to revive the industry somewhat with the MC-21, and this effort has since been helped greatly by Western sanctions after the war in Ukraine.









  • Not sure I get what you mean. The Soviet industrial capacity already far surpassed the German industry even before the end of the war. This was why the Soviets won, not the Germans. The Germans already ran into severe supplying issues for their military equipment after 1942, the Soviets never really faced this problem as they had a solid industrial base that was already in full swing before the Nazi invasion, and rapidly expanded during the war.

    They did however gain access to some high tech instruments (for example, German-built gyroscopes for V2 rockets which was far ahead of anything the Soviets had at the time), but much of the critical high tech military industries had been destroyed during the retreat to prevent them from falling into the Soviet hands. The entire leadership and high ranking scientists of the V2 rocket project, for example, surrendered to the Americans.








  • A lot of people don’t understand that this is the ultimate clash between finance capitalism and industrial capitalism.

    The US truly and genuinely believe that they can defeat China (industrial capitalism) simply by wielding the power of finance. The depth and liquidity of dollar, the all-pervasive global financial institutions rooted in the dollar regime, are all extremely powerful tools to control the world’s economy. The US doesn’t need to produce anything, it controls how other countries gain access to commodities, goods and services through financial institutions and intellectual property rights, food through the World Bank and credit through the IMF. They’re going to flood the foreign sector with trillions of dollars this fall and there is nothing you can do to stop that deluge of liquid dollar from entering the world’s economy.

    On the other hand, China genuinely believes that the sheer power of industrial capital can defeat the hyper-financialized and de-industrialized US empire. After all, people survive on real goods and services, and there is a lot of leverage to be gained simply by being a manufacturing giant. Nevertheless, China remains a net exporter country (using your labor to produce goods and services for others to consume and enjoy) while the US is a net importer country (imagine being able to get free lunches everywhere simply by writing an IOU on a blank piece of paper and everyone would fight and die for the pieces of paper you carry). At the same time, China is still deeply dependent on imported food to feed its 1.4 trillion population. No small task.

    The fact is we don’t know who will win out. Some say finance is the ultimate weapon to wield, others say industry is what matters. Only time will tell, provided we haven’t annihilated the world before then.