- cross-posted to:
- worldnews
- cross-posted to:
- worldnews
You must log in or # to comment.
the IMF is obviously just pushing Russian propaganda, smh
Obviously Putin is paying the IMF-/s
You joke, but I’m sure a lot of people will interpret it exactly like this
In the article, Newsweek quoted a “Russia expert” from the Wilson Center to do damage control. He said “Well ackshually I think Russian economy will drop 1-2% this year.”
Amazing how western media always needs to add a counter narrative to discredit news they don’t like. If the IMF said the Russian economy will contract 1-2% then they wouldn’t bother with a countrary opinion.
There’s something relevant to this kind of story in Debray’s book. He warns that the bourgeois will often claim that revolutionaries are winning. It’s quite a successful technique because it takes the wind out the enemies of imperialism. People start to believe that they’ve already won, that the bourgeois are going to fade away. Then the bourgeoisie pounces. Not sure how applicable it is…
Not sure this is applicable here at all to be honest since Russian decisions makers are certainly not listening to anything the west says. This is clearly aimed at people in the west, and is likely designed to start shaping opinion in favor of ending the war. The IMF report came out within days of a RAND report saying that prolonged war is not in US interest, and that isn’t a coincidence.
That makes sense. Debray was talking about a very different context, with spontaneous revolutionaries and guerrillas fighting capitalists in LatAm.
Isn’t it applicable? We’ve been hearing for years about Russia “rising up from the knees” and how USA/Europe are rotting down and will collapse into irrelevancy aaaany day now. The former became something of a meme even. And for what? It seems that every day we’re getting news about yet another something that we thought was completely local production that in fact relied on important. Sure, Europe is going to have a harder time living the same life as before, with the costs for electricity and other resources rising. But the bourgeoisie in the USA doesn’t appear to be bothered. They’re growing richer. Frankly so does the bourgeoisie elsewhere. I’m not sure what they could pull off that would help them as much as Bretton Woods had, but I wouldn’t put it past them to make something up
Or it could be that Europe and USA are not exactly too well synchronised, and Europe has gotten thrown off because of apparently unexpected hit to quality of life. Also USA citizens are doomed due to their education and media literacy levels being bottom levels of earth, and their own society is degrading too fast.
It could be that both USA and Europe have their hands full of their own problems, and this Ukraine circus is simply too much overhead for them, crushing them under their own weight.
What redtea and you say do have a point with the bluff, but something gives me it is not the bluff this time, but them simply getting worn off really fast… the 2025 cutoff for China war seems to forecast the same idea.
Good points.
In Debray (Revolution in the Revolution? Armed Struggle and Political Struggle in Latin America), there’s a hint that it’s not necessarily a bluff (although that is a factor); it’s also that revolutionaries get their hopes up too soon when they hear that their actions are working, which leads them to slow down, etc, which gives away the advantage. I realise I didn’t quite say this in my first comment; I’m only seeing the subtlety after your and Yogthos’ criticisms.
It’s fascinating to see—in real time—the contradiction between imperialist interests (NATO pushing Ukraine into a proxy war) and finance capital interests (ensuring Western powers maintain financial hegemony) work itself out.
Do the powers that be care more about maintaining forever war, thus bankrolling the MIC indefinitely, or ensuring USD hegemony? This article, as well as the trend of BRICS strengthening, seem to imply the former is more important to the global capitalist class.
Yeah, it’s wild times for western capitalists right now.
It’s an interesting story but one of the related stories on the side is a propaganda piece by an Azeri gov’t official, basically scaremongering about the links between Armenia and Russia. Artsakh=Armenia, swine.
It may already be outperforming the United States, if we look at the two economies in terms of real production and not GDP (which doesn’t distinguish well between actual wealth creation and wealth created through debt)
For sure, and there was an interesting interview with Emmanuel Todd about this recently, this bit from the interview is pretty interesting in particular:
Despite the US being twice as populated as Russia, Todd said, only 7% of American students focus on engineering, compared to 25% in Russia. “The US fills the gap with foreign students, but they’re mainly Indians and even more Chinese,” he went on, “It is a dilemma of the American economy: it can only face competition from China by importing skilled Chinese labour.”
https://unherd.com/thepost/emmanuel-todd-world-war-iii-has-already-begun/
