Those bankers thought it would work, but as we know by now all the sound and fury signified nothing. The ghost of a derivative implosion -- in this case not caused by the previous possibility, the shutting down of the Strait of Hormuz -- remains.
We are still barely starting to understand the consequences of Covid-19 for the future of neoliberal turbo-capitalism. What's certain is that the whole global economy has been hit by an insidious, literally invisible circuit breaker. This may be just a "coincidence." Or this may be, as some are boldly arguing, part of a possible, massive psy-op creating the perfect geopolitical and social engineering environment for full-spectrum dominance.
Additionally, along the hard slog down the road, with immense, inbuilt human and economic sacrifice, with or without a reboot of the world-system, a more pressing question remains: will imperial elites still choose to keep waging full-spectrum-dominance hybrid war against China?
(Note: You can view every article as one long page if you sign up as an Advocate Member, or higher).
4
3
1
