Former CIA Analyst and commentator Larry Johnson joins me to discuss what the broader implications of Ukraine’s incursion into Russia near Kursk and how that impacts the global gameboard.
Show Notes:
Previous Shows
Podcast Episode #186 — Vince Lanci and How Davos Manipulates Time
Podcast Episode #185 – Pete Quinones and Why Indifference Trumps Hostility
Podcast Episode #184 — David Bradshaw and the True Cost of Mal-Education
Podcast Episode #183 – Caitlin Long and the Conundrums of Europe
Podcast Episode #182 – Alex Krainer and the Charlie Brown Karma of European Politics
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It is interesting that Larry brings up Gettysburg as an analogy to the current “Battle of the Bump” going on in Kursk. It seems to me that other eras of American history might be just as illustrative, particularly the American Revolution.
Many people are convinced that “de-dollarization will happen gradually” but if you consider the American Revolution, that might not be the case. Up until the signing of the Declaration of Independence a huge majority of the American population was pro-British and pro-Empire, even though they objected to its policies. The Declaration of Independence was a “tipping point” that reversed that sentiment over about a two-year period. If you look at all the acts of the British Parliament, they were essentially economic sanctions, from the Navigation Acts to the Coercive Acts, which closed the port of Boston. The British aristocrats misconstrued American intransigence as the work of a small, rebellious colonial faction and did not detect the growing widespread resentment until it was too late. Once they realized that a continent-wide rebellion was brewing, they completely reversed themselves in 1778 and gave into all the American demands, if America would remain in the Empire. However, during the 24 months between the signing of the Declaration of Independence and the British reversal, Americans became more and more enamored with self-governance and independence and rejected the British concessions that would have been warmly welcomed two years before.
My worry is that something similar may happen with “de-dollarization”. No one wants to de-dollarize due to the inconvenience, but once the Global South begins flirting with / imagining a “de-dollarized world”, a tipping point may be reached that even a more conciliatory US administration cannot reverse.
Regarding the Stanford / Harris connection, here is one about Obama/Harvard that few know about (@t=15:21):
https://youtu.be/p_swB_KS8Hw?t=921
Maybe what they could not atone for with the father they could with the son?
Anyway, great podcast !!!