on one hand shipwreck tells a compelling story that biden and his circle are exceedingly competent political operators playing a 5D chess game to ensure dollar supremacy. On the other hand they constantly do deranged shit like this.
They're the pawl to the republicans ratchet. They exist to prevent a shift to the left. They might not get elected this time, but that's ok, the ratchet will turn and all those ungrateful protestors will come crawling back just to make it stop. Then they get to cement the republicans gains while threatening further harm if not re-elected.
The weakness of the dollar hegemony that Biden himself created has been patched up, with the latest $95 billion spending bill
I'm not sure I buy this for two reasons. First, I am somewhat unconvinced that the recent dedollarization activity was organized enough to be effective at all, regardless of the actions of the US in response. And second, the amount of money being spent on war is almost a rounding error for the total number of dollars in existence. So I think the dollar hegemony is weak but has not yet been threatened, in other words.
Tbh Biden does have a lot of foreign policy experience, as does his cabinet. So a lot of what’s happening isn’t really all that surprising when the US is in the geopolitical situation it’s in and throwing its weight around more frantically than before.
What loses me is when things like Argentina going the way it has or Israel instigating Iran is somehow Biden pulling the strings and not just him taking advantage of a situation.
on one hand shipwreck tells a compelling story that biden and his circle are exceedingly competent political operators playing a 5D chess game to ensure dollar supremacy. On the other hand they constantly do deranged shit like this.
They're the pawl to the republicans ratchet. They exist to prevent a shift to the left. They might not get elected this time, but that's ok, the ratchet will turn and all those ungrateful protestors will come crawling back just to make it stop. Then they get to cement the republicans gains while threatening further harm if not re-elected.
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Idk, they do keep doing the unexpected thing and it keeps kind of working out for them
if they keep things off-balance no one really knows what the fuck is going to happen
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I'm not sure I buy this for two reasons. First, I am somewhat unconvinced that the recent dedollarization activity was organized enough to be effective at all, regardless of the actions of the US in response. And second, the amount of money being spent on war is almost a rounding error for the total number of dollars in existence. So I think the dollar hegemony is weak but has not yet been threatened, in other words.
Tbh Biden does have a lot of foreign policy experience, as does his cabinet. So a lot of what’s happening isn’t really all that surprising when the US is in the geopolitical situation it’s in and throwing its weight around more frantically than before.
What loses me is when things like Argentina going the way it has or Israel instigating Iran is somehow Biden pulling the strings and not just him taking advantage of a situation.