Thread by @apocalypseos

Sergey Glazyev: The world has changed. Irreversibly. What we wrote about a decade and a half ago has come to pass. This publication is a continuation of the article “What is happening?” previously published on this channel. 1/84

Pax Americana is crumbling before our eyes, three decades after the collapse of the USSR. The transition to a new global economic order has been completed. 2/84

The center of the world economy has shifted to East and South Asia, where a bipolar core of the integral global economic order has formed, as expected, with two poles: communist China and democratic India. 3/84

The transition to a new technological order, which began with the global financial crisis of 2008, has also been completed. 4/84

Over the decade and a half of the Great Stagnation that followed, advanced countries have established the foundational industries of the new technological order. Their accelerated growth is propelling their economies onto a new long wave of economic expansion. 5/84

All of this is happening in full accordance with the theory of long-term economic development as a process of changing technological and global economic orders. 6/84

Unfortunately, the recommendations based on this theory were not implemented in our country, leading to years of economic stagflation and entanglement in the epicenter of a global hybrid war. 7/84

This war has predictably strengthened China, which has become the global leader in the production sector. 8/84

The current U.S. administration’s attempts to halt its rise are doomed to fail, as the economic development management system created in China is an order of magnitude more effective. 9/84

As predicted, the United States has been unable to win the global hybrid war it unleashed to maintain global leadership. 10/84

They followed Zbigniew Brzezinski’s unrealistic five-step strategy (to Nazify Ukraine against Russia, to separate the European Union from Russia, to provoke a coup in Russia and install a puppet regime, to destroy Iran, and to isolate China to induce famine). 11/84

After a decade of attempting to implement this strategy, they have only weakened Europe and strengthened China. However, as in the first two world wars, they have managed to offload their costs onto the Russian world. 12/84

By manipulating the leadership of the Central Bank of Russia, the American oligarchy has long benefited from capital flight from our country, with the total volume approaching $2 trillion over the post-Soviet period. 13/84

They have also managed to seize Russia’s currency reserves to finance military actions against Russia. 14/84

The Russian Central Bank continues to serve the interests of international financial speculators, allowing them to manipulate the ruble exchange rate, siphoning money from the real sector into the speculative sector and pushing it abroad. 15/84

The new U.S. administration is attempting to extricate itself from the global hybrid war initiated by Washington, offloading its negative consequences onto Europe and concentrating available resources on maintaining scientific and technological leadership. 16/84

Preserving this leadership is key to future prosperity and maintaining its position as one of the centers of the global economy. 17/84

Unlike our monetary authorities, the U.S. leadership fully understands the critical role of technological progress in driving modern economic growth and the importance of money as a tool for allocating resources to advanced areas of production. 18/84

The Trump administration is trying to jettison all excess from the slowing ship of American statehood, cutting unnecessary expenses and abandoning excessive commitments, focusing instead on modernizing the economy. 19/84

Theoretically, the U.S. might still manage to catch the long wave of growth of the new technological order before the dollar-based financial pyramid collapses, transforming devalued capital into investments in promising industries. 20/84

This is what the technocrats brought in by Trump are trying to organize. 21/84

It is worth noting that the renewed leadership of the USSR, faced with slowing economic growth in the early 1980s, also correctly began with a program to accelerate scientific and technological progress (STP). 22/84

However, showing impatience, it veered into poorly conceived reforms within the framework of the dogma of Scientific Communism, creating chaos in the economy that ultimately led to the collapse of the state. 23/84

Trump is also displaying impatience, taking rash actions that risk escalating chaos in the economy. The trade war he has initiated with major partners is unlikely to yield positive results for American producers, who are facing rising costs and disruptions in supply chains. 24/84

The legalization of private cryptocurrencies while simultaneously banning the Federal Reserve from issuing a digital dollar undermines the already shaky dollar-based financial pyramid, triggering the collapse of massive financial bubbles. 25/84

Since the 2008 global financial crisis, the dollar’s monetary base has quadrupled. 26/84

This allowed the U.S. economy to avoid the Great Depression typically associated with the transition between technological orders, transforming it instead into the Great Stagnation through flows of cheap credit to sustain economic activity. 27/84

However, the unrestrained issuance of dollars to finance the growth of U.S. national debt, which has long been refinanced on the principle of a financial pyramid, has fueled the inflation of financial bubbles. 28/84

These bubbles now far exceed their size on the eve of the 2008 financial crisis. The recent collapse of the U.S. stock market could escalate into a crash of the entire dollar-based financial system. 29/84

Perhaps the technocratic Trump administration is preparing for these shocks by attempting to create a parallel financial system based on cryptocurrencies and blockchain, which could ensure payments and settlements in the event of the collapse of the existing financial and… 30/84

…banking system. To preserve it, the enormous volume of unbacked liabilities must be offloaded. 31/84

Some of these liabilities could be written off as war-related losses, as has already happened with U.S. obligations to Russia, Venezuela, Iran, and several other sanctioned countries. Some socially neutral government expenditures could also be cut. 32/84

However, all of this combined accounts for only a small percentage of the colossal financial bubbles of unbacked liabilities inflated by speculators. Their collapse is inevitable and will have severe economic and social consequences. 33/84

One way to escape the collapse of the dollar-based financial system is to nullify government obligations under the pretext of reorganizing the state itself. Perhaps this is what Trump has in mind with his proposal to merge the U.S. with Canada. 34/84

The annexation of Greenland, Panama, parts of Ukraine, and Gaza by Washington, accompanied by the genocide of local populations, would be blamed on the deep state of the old U.S. 35/84

The new state would have a new currency, and U.S. creditors would wait decades in line to recover their investments in the bonds of the vanished state. 36/84

The inevitable failure of Brzezinski’s aforementioned strategy to maintain U.S. global hegemony has not led to any realistic new strategy from Washington. 37/84

Perhaps, faced with a sharp decline in U.S. prestige and the erosion of its image as a superpower that even a tiny tribe like the Houthis no longer fears, Trump will abandon his imperial ambitions and truly focus on modernizing the American economy. 38/84

However, if he continues his attempts to intimidate everyone and everything, accompanied by trade wars, the U.S. will sink deeper into chaos, with escalating socio-political conflicts that could lead to the country’s disintegration. 39/84

The situation is even worse for the European satellites of the U.S. The more they resent Trump and the more they posture, the more reasons he has to send them packing, along with their obligations, including the return of their gold reserves stored in the U.S. 40/84

A conflict with Washington is deadly dangerous for Brussels. 41/84

Trump can easily discredit European leaders and Euro-bureaucrats by shifting the blame for the collapse of the trade and financial system onto them, presenting them with the bill for accumulated U.S. spending on NATO. 42/84

Therefore, the smarter ones among them are tucking their tails between their legs, gritting their teeth and agreeing to his demands for increased military spending. 43/84

Against the backdrop of rising costs due to the rejection of Russian energy resources and the adoption of the climate agenda, this accelerates the deterioration of the socio-economic situation in the EU. 44/84

European leaders and Euro-bureaucrats, who have bet on a war with Russia, are forced to push this line even more aggressively to neutralize voter dissatisfaction by invoking an external threat and to justify repressions against political opponents. 45/84

The Euro-bureaucracy is attempting to establish its dictatorship by orchestrating revolutions and repressions against nationally oriented leaders of member states. 46/84

The war in Ukraine against Russia has become the primary means for increasingly unpopular European leaders and Euro-bureaucrats to cling to power. 47/84

However, the irrationality of this war from the perspective of common sense and the interests of the peoples of European countries makes this approach highly unreliable. 48/84

Recently published theses by Orban could serve as a catalyst for the activation and unification of socio-political forces dissatisfied with the activities of the Euro-bureaucracy for various reasons. 49/84

The European bureaucratic empire is beginning to crack at the seams, losing legitimacy. 50/84

In all conflicts between the European Commission and the national interests of EU member states, the Euro-bureaucracy has so far emerged victorious, imposing and implementing unpopular reforms. 51/84

Based on this, the European Union should be called a Bureaucratic Empire serving the interests of transnational capital. The social base of the Euro-bureaucracy is increasingly becoming migrants, imported with its support, who back anti-national political forces. 52/84

By severing their economies from Russia and attempting to militarize them, calling on their populations to lay down their lives in yet another “Drang nach Osten” (Drive to the East), European leaders and Euro-bureaucrats are hastening the creation of a European caliphate… 53/84

…due to the progressive extinction of the indigenous population. To avoid such a fate, the peoples of European countries must either leave the EU or transform the Euro-bureaucratic structures, as Orban has called for. 54/84

Thus, the EU, following the U.S., is descending into chaos, accompanied by a worsening socio-economic situation. This leads to the degradation of the political system and the suppression of democratic institutions by security forces. 55/84

Unlike the anti-Semitic Nazi ideology that united Western Europe under Hitler during the Great Depression, today’s politicians and media in power in the EU are attempting to use Russophobia as a unifying force. 56/84

The role of the Führer is alternately filled by corrupt leaders of the European Commission. 57/84

Although they do not enjoy the trust of the masses, they have managed to pursue a Russophobic policy for over a decade, which has turned into a new ideology for European countries supporting Ukrainian Nazism. 58/84

Despite its negative economic consequences, undermining the EU’s competitiveness, they continue to pursue it. The question arises about the hidden motives behind this suicidal political course for Europe. 59/84

To understand them, it is necessary to uncover the forces interested in this, who are manipulating European politicians.

The tone for the new European “Drang nach Osten” (Drive to the East) is being set by Britain. 60/84

Despite the parade of foolish puppets taking turns as prime minister, they all adhere to the same Russophobic political line. For the English ruling elite, which has practiced the policy of “divide and rule” for centuries, inciting war in Europe is a familiar game. 61/84

Perhaps the old Russophobic instinct has resurfaced, the desire to finally resolve the “Russian question,” which has haunted Great Britain since the days when it was the “mistress of the seas.” 62/84

In any case, the war in Ukraine aimed at destroying the Russian world brings significant profits to the British oligarchy from confiscated Russian assets and capital fleeing war-torn Europe.

Playing second fiddle in the Euro-Russophobic orchestra is France. 63/84

It is led by a puppet of the Rothschilds, Macron, whose orientation remains ambiguous. According to sources close to him, he begins each working day by calling the head of the Rothschild house to ask what he can do for this powerful clan. 64/84

Some informed experts suspect this clan of intending to build a “New Jerusalem” on the right bank of the Dnieper, the foundation for which has already been laid in Dnipropetrovsk. 65/84

From there to Odesa stretch fertile lands that could accommodate millions of refugees from Israel in the event of an escalation of the perpetual conflict in the Middle East. 66/84

Zelensky has already cleared this territory of its male population, sending them to the front as cannon fodder.

An important participant in the Russophobic orchestra is Germany. 67/84

If we discard revanchist motives, what remains are the interests of the American deep state, which controls the media, politicians, and major industries in this country. 68/84

Its interests were tied to the implementation of Brzezinski’s aforementioned strategy, which has predictably failed and is no longer supported by Washington. 69/84

The rise to power of a puppet of big American business will soon clarify how interested Germany is in continuing its Russophobic policy. 70/84

If the new chancellor shows common sense and a business-oriented approach, Germany could pivot toward Russia, as only the restoration of Russian energy supplies and access to the Russian market can save the country from further degradation. 71/84

The insane politicians of Poland, the Czech Republic, and the Baltics can be disregarded, as during their years of independence, they have always acted against the interests of their own peoples, drowning in Russophobia and the blood of their subjects. 72/84

They have always been puppets of major European powers and the U.S. Trump may still be tempted to use them against Russia. However, common sense tells him that every day of Russophobic Europe’s war against Russia strengthens China, which he rightly considers his main rival. 73/84

The main issue on today’s agenda—ending hostilities and holding elections in Ukraine—terrifies European politicians who have committed to the war against Russia. 74/84

Following the inevitable fall of Zelensky’s criminal regime, the fog of lies they have pumped into public consciousness will dissipate, and they will have to answer for the millions of dead and destitute Ukrainians, not to mention their own voters who have been… 75/84

…impoverished by this war. Therefore, they will do everything in their power to torpedo peace talks and continue the war until the last Ukrainian. 76/84

In doing so, they will worsen the socio-economic situation in their own countries, where Islamist political forces are gaining increasing influence. They are hastening the decline of Europe, which only countries with patriotic leadership can avoid. 77/84

Currently, there are only two such countries in Europe—Hungary and Slovakia. Western Europe, it seems, has already passed the point of no return. The current political elite of the EU is in a state of zugzwang, where every move worsens its position. 78/84

This does not automatically mean an improvement in Russia’s position. 79/84

The monetary policy pursued by the Central Bank of Russia is leading to the transformation of its economy into a resource periphery for China and other countries implementing their own development strategies. 80/84

Unlike Western countries, China and India continue to experience stable, rapid growth based on the new technological paradigm. 81/84

This is achieved through a more effective management system that combines socialist ideology, market competition regulated in the interests of public welfare, and the pursuit of national interests in foreign economic activities. 82/84

To join the core of the new global economic order, to propel the country’s economy onto a new long wave of economic growth, and to withstand the confrontation with the agonizing West, it is essential to swiftly transition to a modern management system and implement the… 83/84

…program “Social Justice and Economic Growth,” which we have developed and which has been approved by the Russian Economic Forum. 84/84