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I expect there’s going to be a massive political upheaval in Europe, and possibly in US as well. Losing the war will be the backdrop for the economic crash that western economies are now entering. People were sold on a quick war that was supposed to secure western dominance over the world. There wasn’t supposed to be any significant economic blowback in the west, but now people are increasingly connecting the war with their declining standard of living. This is now translating into a political backlash against the people who championed the war.
The west will see itself deeply humiliated, they will have to come to terms with the fact that majority of the world does not stand with the west and actively resents western system. This is going to be a hard pill to swallow for people who’ve been taught all their lives that they’re cream of the crop of humanity.
The big question is where the west is headed once the current system implodes. Unfortunately, all the indicators are that western countries are increasingly flirting with fascism and the right is growing rapidly. Unless the left becomes a lot better at organizing and recruiting, we’ll likely see full blown fascism taking hold shortly.
but now people are increasingly connecting the war with their declining standard of living. This is now translating into a political backlash against the people who championed the war.
Could you elaborate on this? I dont follow. How is our standaed of living connected to this war?
The most obvious way is that productive resources are being directed towards Ukraine rather then being invested domestically. For example, if a country chooses so open a factory to produce artillery shells instead of building hospitals, then this has an impact on the standard of living. The less direct impact comes from the economic war with Russia where western economies are starting see sever economic blowback. Europe in particular has seen a huge increase in energy prices, and this translates into the economic problems we’re currently seeing. The rise of BRICS and dedollarization also have an impact as this shrinks dollar based economy.
I expect there’s going to be a massive political upheaval in Europe, and possibly in US as well. Losing the war will be the backdrop for the economic crash that western economies are now entering. People were sold on a quick war that was supposed to secure western dominance over the world. There wasn’t supposed to be any significant economic blowback in the west, but now people are increasingly connecting the war with their declining standard of living. This is now translating into a political backlash against the people who championed the war.
The west will see itself deeply humiliated, they will have to come to terms with the fact that majority of the world does not stand with the west and actively resents western system. This is going to be a hard pill to swallow for people who’ve been taught all their lives that they’re cream of the crop of humanity.
The big question is where the west is headed once the current system implodes. Unfortunately, all the indicators are that western countries are increasingly flirting with fascism and the right is growing rapidly. Unless the left becomes a lot better at organizing and recruiting, we’ll likely see full blown fascism taking hold shortly.
Lucy: It’ll be a quick war, Charlie Brown!
In and out, a quick adventure.
Home by Christmas (but which Christmas?)…
Could you elaborate on this? I dont follow. How is our standaed of living connected to this war?
The most obvious way is that productive resources are being directed towards Ukraine rather then being invested domestically. For example, if a country chooses so open a factory to produce artillery shells instead of building hospitals, then this has an impact on the standard of living. The less direct impact comes from the economic war with Russia where western economies are starting see sever economic blowback. Europe in particular has seen a huge increase in energy prices, and this translates into the economic problems we’re currently seeing. The rise of BRICS and dedollarization also have an impact as this shrinks dollar based economy.
Ah that makes sense. In the US, I don’t hear a lot of chatter blaming the war for our woes, just the usual partisan politics stuff