▲ The destruction of the entire world economic order is in sight
, sentenced the vice president of the Russian Security Council, Dmitry Medvedev. In the image, a residential building damaged by bombing in the city of Kharkov.Photo App
AND
he Israeli-American Larry Fink (LF), head of the omnipotent globalist bank BlackRock – with more than 10 billion dollars in assets under management
– ruling that the Ukraine war marks the end (sic) of globalization
in its annual letter to investors (https://bit.ly/3uw9V4H), widely reported by the Financial Times (https://on.ft.com/3uxm6hv), spokesman for neoliberal globalism and his big reset
(https://bit.ly/35exExL).
LF warns about inflation as companies reconfigure their supply chains
and reverses the dogma of his green energy
postponed for at least a decade and put on the defensive when BlackRock will continue to collaborate with fossil fuel companies
.
LF bitterly admits that the conflict in Ukraine ended (megasic!) the globalization experienced in the past three decades
with the “transfer of companies from their previous off shore to the obligatory onshore/nearshore (note: they are terrified to pronounce the word national
) what results in a more rapid withdrawal of some (sic) countries
While the large-scale supply chain reorientation will be inherently inflationary
.
Since the beginning of the year, before the conflict in Russia and Ukraine that broke out on February 24, BlackRock lost 20 percent, attributable, in my opinion, to the death throes of globalization and hyperinflation in the United States, as well as the deterioration of its maritime/terrestrial supply chain, prior to the planetary fracture in kyiv (https://bit.ly/3IHxCfm), do not tell the badly managed energy transition
by West
which led to the abrupt rise in hydrocarbons (https://bit.ly/3qALodp).
LF asserts that Mexico (sic), Brazil, the United States or the manufacturing crossroads in Southeast Asia can benefit
. Up to a certain point, since it remains to be seen the outcome of crucial elections in a few weeks in France, in a few months in Brazil and to what extent the prosperous geoeconomic bloc of 10-ASEAN will betray the 15-RCEP, the largest geoeconomic bloc on the planet (https://bit.ly/3wGhvw7).
Russian Foreign Minister Sergei Lavrov adopts my thesis without citing me (https://bit.ly/3iHCLtr) –the “first world hybrid war (https://bit.ly/36Pj0gX)– over which the West wages a hybrid warfare
against Russia, while the former president and current vice president of the Russian Security Council, Dmitry Medvedev (DM), states that the destruction of the entire world economic order is in sight
.
DM argues that it is a craziness
believe that Western sanctions against Russian businesses would have any effect on the government in Moscow (https://bit.ly/3tFmStQ).
In reality, globalization was in its death throes since September 11, 2001, which raised costs
in matters of security that constitute the alma mater of the neoliberal globalist model, which I captured in my book Towards deglobalization” in 2007 (https://bit.ly/3wAdx8u), and which, a year later, was also confirmed by the Frenchman Jacques Sapir, professor at the Sorbonne, with his economistic approach (https://amzn.to/3LlpOls).
Even the spokesmen of the already dying neoliberal globalism also warned about the planetary fracture of the neoliberal globalist model: The Economist, of the Rothschild bank, for nine years exposed the globalization under siege
(https://econ.st/3wW6rvl), and Philip Stevens, eight years ago at the Financial Times, stated that the world retreats from globalization
when The United States does not see a vital national interest in maintaining an order that empowers its rivals.
(https://on.ft.com/3IGVgZx).
Likewise, the German magazine Der Spiegel (https://bit.ly/3JHN0tn) and Deutsche Bank (https://bit.ly/3qD9cxo) delivered the conceptual coup de grace to financial globalization.
It can be argued that the US/NATO/European Union economic/financial sanctions against Russia (https://bit.ly/3JQowi0) placed the final nail in the coffin of globalization 21 years later.
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