Get your horse and cart out of the 19th C Colonial time warp and...

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    Get your horse and cart out of the 19th C Colonial
    time warp and get with US economic imperialism
    post WW2 based on the Bretton Woods "Agreement"
    wich has permitted the US to skim global profits from others
    by using the USD as the medium of exchange and
    then print Trillions of USDs exclusively for export

    This , unlike the Poms, Spanish & Dutch , is not
    in your words about "stealing land' ..its about
    skimming (stealing profits from) global trade.
    Not a bad gig if it can be sustained...eh?

    This Ukraine war is rapidly reducing US economic imperialism
    based on the USD which now has dropped well below 50%
    of global trade transactions and it is sinking fast due to
    the expanding BRICS and their determination to break
    free from US Imperialism.

    In the 19thC , colonial powers "stole" land (Your preferred term) and put boots on the ground
    to extract wealth (just look at the Pommy Big Houses and their demise
    with the demise of empire) while Uncle Sam does it his way via
    consumer clout (access to US markets) the USD and a global Military
    complex to enforce it.

    America sells the deal as Democracy & Free Market Capitalism!!!
    What a swindle...eh?

    PS: Had the USD not been the global reserve currency (ie US ability
    to print $6 trillion and export it without creating Hyper US inflation)
    then the US would have been in recession for most years between
    2008 and now. Of course China is now sitting doggo on nearly
    $4 Trillion USD of foreign reserves and treasuries so that if
    the US attacks China, that China can sink the USA by dumping
    its Forex USD & US Treasuries on the market.Its the ultimate
    economic depth charge, IMO.
    Last edited by moorookamick: 31/07/24
 
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