Borrowing until nobody will lend: Trump At NATO Summit To Push ‘Historic’ 5% Spending Goal Amid Global Conflicts https://www.zerohedge.com/geopolitical/trump-nato-summit-push-historic-5-spending-goal-amid-global-conflicts
Michael Hudson has been on for the whole petrobuck epoch: War on Iran is fight for US unipolar control of world
The motivation for the attack on Iran has nothing to do with any attempt by Iran to protect its national sovereignty by developing an atom bomb. The basic problem is that the United States has taken the initiative in trying to preempt Iran and other countries from breaking away from dollar hegemony and U.S. unipolar control.
Here’s how the neocons spell out the U.S. national interest in overthrowing the Iranian government and bringing about a regime change – not necessarily a secular democratic regime change, but perhaps an extension of the ISIS/Al-Qaida Wahhabi terrorists who have taken over Syria.
With Iran broken up and its component parts turned into a set of client oligarchies, U.S. diplomacy can control all Middle Eastern oil. And control of oil has been a cornerstone of U.S. international economic power for a century, thanks to U.S. oil companies operating internationally (not only as domestic U.S. producers of oil and gas) and remitting economic rents extracted from overseas to make a major contribution to the U.S. balance of payments.
Control of Middle Eastern oil also enables the dollar diplomacy that has seen Saudi Arabia and other OPEC countries invest their oil revenues into the U.S. economy by accumulating vast holdings of U.S. Treasury securities and private-sector investments. https://geopoliticaleconomy.com/2025/06/22/michael-hudson-war-iran-us-unipolar-control/
