Vijay Prashad and John Ross discuss the momentous shift in the US’s geopolitical orientation that Trump is attempting to achieve – a reverse in direction of the shift led by Kissinger and Nixon in the 1970s.
US imperialism has suffered a defeat in Ukraine. The US is using the same playbook, around Ukraine, as it did after its defeat in Vietnam.
China’s GDP growth rate in 2024 of 5.0% compares to the U.S.’s of 2.8%. China’s was therefore 80% higher than the U.S.
Subordination to the US and its goal of undermining China’s connections with the rest of the world comes with a heavy price tag for CEE.
China’s ability to support its innovation with investment resources, unmatched in any other country, means it will continue to maintain its economic advantage.
There are measures that would increase U.S. economic growth rates and competivity, but the U.S. is unwilling or unable to take them.
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