The American Empire in a Changing World


Monday, September 24, 2012

''US Economy Sustained by Export of Dollars and Wars''

From Strategic Culture

''What the recurrent US liquidity dumps clearly provoke in the outside world are local armed conflicts. The Arab Spring was a completely predictable consequence of the first and second rounds of the US quantitative easing. The recent outbreaks of unrest - regime changes in Egypt and Tunisia, the civil war and intervention in Libya, the mounting pressure on Syria, the slide towards a war against Iran, the UN blessing to carve up Sudan, etc - are attributable not so much to the raging global crisis as to the attempts to overcome it by expropriating the countries which are not responsible for the downturn but own the resources on which the West's liquidity can be spent. These are the countries dragged one after another into latent economic wars in which international sanctions serve as a weapon or into large-scale armed conflicts with extremist and terrorist groups.''

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