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Tuesday, May 20, 2025

‘Transition’ to a New World Order Is Beyond Most in the West - By Alastair Crooke

 The new era marks the end to ‘old politics’: The Red vs Blue; Right vs Left labels lose relevance.

Even the need for transition – just to be clear – has only just begun to be recognised in the U.S......

.......The harsh ‘fact’ of the liberal globalist economic paradigm was evident even then:

“What holds together the globalist system is a massive and growing flow of capital from abroad, running to more than $2 billion every working day – and growing. There is no sense of strain. As a nation we don’t consciously borrow or beg. We aren’t even offering attractive interest rates, nor do we have to offer our creditors protection against the risk of a declining dollar”.

“It’s all quite comfortable for us. We fill our shops and garages with goods from abroad, and the competition has been a powerful restraint on our internal prices. It’s surely helped keep interest rates exceptionally low despite our vanishing savings and rapid growth”.

“And it’s [been] comfortable for our trading partners too, and for those supplying the capital. Some, such as China [and Europe, particularly Germany], have depended heavily on our expanding domestic markets. And for the most part, the central banks of the emerging world have been willing to hold more and more dollars, which are, after all, the closest thing that world has to a truly international currency”.

The difficulty is that this seemingly comfortable pattern can’t go on indefinitely.

Full text:
https://www.lewrockwell.com/2025/05/no_author/transition-to-a-new-world-order-is-beyond-most-in-the-west/ 

....The reality is that today the western vision of its claimed Athenian ‘values’ is as discredited as its economic theory in the rest of the world, as well as amongst a significant slice of its angry and disaffected own populations!

So the bottom line is this: Do not look to the European élites for any coherent view on the emergent World Order. They are in collapse and are pre-occupied by trying to save themselves amidst the crumbling of the western sphere and the fear of retribution from their electorates.

This new era does however also mark the end to ‘old politics’: The Red vs Blue; Right vs Left labels lose relevance. New political identities and groupings are already being formed, even if their contours are not yet defined.