What Is Europe Afraid Of?
Prof. Glenn Diesen & Judge Napolitano
I had the pleasure of speaking with Judge Napolitano about Europe’s irrationality. The Europeans still boycott diplomacy with Russia and undermine Trump’s peace initiative in Ukraine, even though the war has already been lost. Decades of collective hegemony and ideological fundamentalism have resulted in the absence of strategic thinking required to adjust to a rapidly changing world.
Why do you keep on hesitating to mention the HUGE elephant in the room: the US is merely ‘outsourcing’ the Ukrainian mess THEY made (“f*ck the EU” - Victoria Nuland) to the Europeans, so that the US can fight either Iran or China?
https://fulgurite4779.substack.com/p/will-the-us-still-outsource-ukraine
As Dr Hubris states: Financial collapse; the remedy for which they understand to be Military Keynesianism followed by 'liberation' of Russia's assets from sovereign control.
The finance sector has been starved of viable collateral assets since 2008 and the growing unpopularity of the financial class with the supporters of both the New Right and Left (MAGA in the US, both AfD & BSW in Germany) makes future bailouts increasingly unlikely. The financial sector will thus most likely collapse of it’s own accord at some time in the more-or-less near future. We will not replace it by choice- it will simply cease to be, and all of its intangible value (that’s most of it) will be lost to bankruptcy, leaving just the marked-to-market value of its real physical assets. This also explains the urgency of investors to move to real physical assets from less tangible ones, and of Neolib governments to make public assets available to those investors. My country, NZ, is particularly vulnerable here, because 40% of our land area is Crown asset.
Underlying Von der Leyen's adoption of Brzezinski's plan for the subjugation & balkanisation of Russia is the imperative to bring its assets into the domain of the western financial system so they can be used as collateral for future credit expansion. For this purpose they do not even need to be immediately available to European industry because they can be collateralised while still in-situ just so long as they are politically secure and proven to exist. This is probably also the origin-story of the competing UK and US long-term minerals deals with Ukraine that are as-yet unsigned- once signed they become collateral. This is why MAGA is so unfazed by the failure of the Brzezinski plan- they have a plan B based around the North American continent’s real physical assets- though they do need to kick the financial can down the road for a while yet, while they get their imperial ducks in a row.
Note that the most strident Russia-bashers - the UK and the EU- are highly financialised (particularly the UK) but simply can’t have a plan B like the USA, because they have divorced themselves & been divorced ( e.g. Nordstream) extremely antagonistically from their most accessible source of physical resources. Note how this is at odds with Germany’s position in the immediate aftermath of the collapse of the Soviet Union when they were extremely keen on industrial collaboration with Russia, but financial USA and financial UK saw this as a threat to their C19th view of European order.