• SimulatedLiberalism [none/use name]@hexbear.net
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    1 year ago

    Let me explain that to the European leaderships because it seems like they have no idea what’s going on.

    The whole point of Ukraine (since the Maidan coup in 2013) was a necessary step to prevent European finance capital from overtaking the US financial capital in the wake of 2009 financial crisis. The European financial capital took off with the formation of the EU (previously EEC) in 1993 through cannibalizing (read: financialization of) the newly collapsed post-Soviet industries.

    The 2022 war in Ukraine was a final blow to the rapidly growing European financial capital, and set off a permanent outflow as global capital (but most importantly, European capital) are sucked back into the US financial system.

    That goal has been achieved. The US does not care how many NATO tanks Russia can manage to blow up. The US doesn’t even care if Russia shoots down a few of their F-16s. Their strategic goal has been achieved. Ceasefire or not, it doesn’t really matter anymore from the US perspective. The US has already won, and the Europeans have lost.

    As the global financial capital are consolidated back to the US, this will set the stage for the final confrontation between finance capital (US) and industrial capital (China, or you can say BRICS, but it’s really mostly China).

    This is why Russia-Ukraine war has to be the pre-requisite step before taking on China. If WWI and WWII (which was really just a continuation of WWI) of the early 20th century was an inter-imperialist conflict between industrial capitalist powers, which ended with the US victory over the Europeans, then the current conflict of the early 21st century is an inter-imperialist conflict between finance capitalist powers, which ends with the US devouring European finance capital.

    Now, all the finance capital has flown back to the US, just as all the industrial capital is being consolidated under China - the heightened contradictions of capitalism finally will bring the two systems to an ultimate showdown.