Bernhard Is Furious, And Rightly So.

Bernhard of Moon of Alabama is furious with Glenn Greenwald and rightly so.

Greenwald seems to presume that it is the right or the job of a U.S. president to 'permit' pipelines between two foreign country? That is of course completely false. The U.S. has no right, duty or whatever to interfere in regular businesses between foreign partners. Such interference is in fact illegal under international law. Biden, as well as Trump, should be criticized for even thinking about 'permitting' it.

B's fury is entirely justified. Recall what I wrote few years ago about US "realists". I merely qualified them as yet another iteration of the American exceptionalists. Even American "realists" still operate on the utterly false basis of the American omnipotence and God-given right to decide what to do and how to do it, including making decision for others, denying them any subjectivity and the right to decide for themselves. 

As I wrote yesterday, and B confirms it, US dropping sanctions on Nord Stream 2 is a result of Germany finally having enough of the US meddling into Germany's affairs, especially having, for Germany, an existential significance, once one considers Germany's industrial and living energy costs being one of the highest in the world. Yet, Greenwald, evidently thinks that the US "granted" Germany the right to have NS2 completed this year. This is a very wrong way to rub German business. But then again, recall John Mearsheimer, one of the foremost US realists talking couple of years ago about Russia as having economy the size of Texas (or Spain, or Netherlands, what have you) and "mediocre" Armed Forces. This is not an exception, this is a feature of American "realists". They still think that the United States controls the world and is the one which grants everyone the right to exist.This is a complete delusion. 

American circumstances today are dire--both economically and politically, with country losing fast its weight and influence globally and being, for the lack of better word, a complete fvcking mess internally, surviving only on printing a shitload of money which already run a serious inflation. Reputational losses are altogether a whole other story ripe for truckload of Ph.D theses to be written on that issue. It took Germany merely an act of a serious talking to the United States and threatening with actions--some of them could include a complete reorientation towards Eurasian projects--that the US got the message that not only it may lose its main vassal, which is trying to break the bonds of vassalage as we speak, but any serious prospects in Europe. Now imagine US worst nightmare: Berlin-Moscow-Beijing axis and a much faster coalescence of the colossal Eurasian space into a unified market. That removes the US immediately to the rank of the regional powers and to the fringes of what evolves already into the engine of global economic and civilizational development. 

This will happen one way or another, but at least, as the US thinking goes now, this will be a somewhat protracted process once Germany's demands re: NS2 are accepted and the sanctions are dropped. This, as they think in D.C., buys the US a little bit more time but it also marks a rather significant inflection point in the post-Soviet history of Europe when Germany stated her interests clearly and exhibited a will to defend them and the United States caved in. Let's be honest, with Russia's support behind the scene. And those ARE Germany's interests because Germans are the ones who finance a huge share of NS2 project. Who gave the United States the right to decide for Germans, or, for that matter, anyone else how they are supposed to live and solve their internal problems? And Germany, sure as hell, has a shitload of problems, many of them of own making, but it is what it is. Things change, ever so incrementally, until they accumulate into a qualitative shift and this is exactly what we observe today in the US-German relations. 

But, as I said--Zugzwang, ladies and gentlemen. You observe here a classic case of Zugzwang and of a black belt level geopolitical Judo (or Aikido). Well, Putin and Steven Seagal are personal friends, I am sure Steven has shown his martial arts buddy some Aikido moves. But in the end, these are German people who have the right to decide how they want to live and run their country and no one has the right to deny them this opportunity. It is also crucial for Germany in the long run if it wants to get well after a long and nightmarish globalist slumber. Germany is not a country in the Middle East or in Central America, which could be sneezed at by the US and it seems Germans begin to get a feel of that.

Oh, Boy, Oh, Boy!

Just when you think that you repeated that USD and US stock market papers are just virtual "values" which are "worth"... well, let's leave at that for now, enough times to drive point home, news come in which in these strange times take it to eleven. From yesterday (in Russian):

Правительство России разрешило инвестировать средства Фонда национального благосостояния (ФНБ) в национальную валюту и гособлигации Китая.

Translation:  Government of Russia allowed to invest resources of the Fund of National Wealth (FNB) into national currency and state obligations of China.

This is exactly what many of us here discussed very recently, and that means acceleration of the removal of the USD as one of many (yes, Pound Sterling, Euros, Swiss Franks are also there) cash (I stress it--cash, not some BS paper) from Russia's main piggy bank. That also shines a light on the long-term policy of growth of trade between China and Russia and that means, among many other things, dedollarization of the oil trade. Reputable "establishment" Gazeta Ru then proceeds to make this astonishing statement:

Доля европейской валюты в отечественном экспорте в КНР за год выросла с 12% до 45,6%. При этом импорт китайских товаров и услуг в Россию почти на 25% оплачивается в «других валютах». Вероятнее всего, это и есть юани. 

Translation: The share of European currency in domestic (Russia's) export to China grew in one year from 12% to 45.6%. Meanwhile, almost 25% of import of Chinese goods and services in being paid for almost 25%  in "other currencies", which, most likely are Yuans. 

This is what drives many people in the US (like yesterday's Paul Brandus) totally desperate and butt-hurt, because removal of USD in mutual payments between geopolitical players who matter IS the end of the petrodollar. It is a very practical end, without much fanfare--just normal everyday economic activity which is ongoing without employing USD and creating a financial fortress and common Eurasian market whose actual size dwarfs US economy even when this economy is valued by Wall Street  fraudst.... pardon me, exceptionalists. Ah, yes, about exceptionalism. Daniel Larison published today a good piece related to Andrew Bacevich's latest article:  

It Took COVID To Expose the Fraud of ‘American Exceptionalism.’ Our leaders were so preoccupied with remaking the world they failed to see that our country was falling apart around them.

Well, I have a minor quibble with this title, because this fraud was exposed way before any COVID was present. In fact, I launched this blog in 2014 to do precisely this, prior to that I formed opinion on this fraud years before. As I state ad nauseam, American exceptionalism is a self-replicating delusion which is organic to the US body-politic as a main prerequisite of achieving anything on the way to power and money. It is also a main driver behind degeneration of American political and intellectual elites. As Larison observes: 

The more that U.S. policies have proved “American exceptionalism” to be a pernicious myth at odds with reality, the more we have heard the phrase used to defend those policies. Republican hawks began the decade by accusing Obama of not believing in this “exceptionalism,” and some Democratic hawks closed it out by “reclaiming” the idea on behalf of their own discredited foreign policy vision. There may be differences in emphasis between the two camps, but there is a consensus that the U.S. has special rights and privileges that other nations cannot have. That has translated into waging unnecessary wars, assuming excessive overseas burdens, and trampling on the rights of other states, and all the while congratulating ourselves on how virtuous we are for doing all of it.

As the recent events of the 2020 have demonstrated so dramatically--to have some "special rights and privileges" one has to perform across the board, from economy, to military to culture, to society. And, I mean, of course, in real terms not by cooking books, declaring defeats victories and praising social illnesses as achievements. The world is not impressed anymore, not to mention this ever present fact that, as I wrote in my latest book:

Today, the same titanic battle for life on Earth is being waged globally for a new, better, freer, more just and more peaceful global order to emerge. This struggle is not for glory and the sword for forestalling evil has been forged. 

But it will be ultimately up to Americans and America's internal struggles to determine if, she can be, as Larison observes:

American exceptionalism has been the story that our leaders told us to excuse their neglect of America. It is a flattering story, but ultimately it is a vain one that distracts us from protecting our own country and people. We would do well if we put away this boastful fantasy and learned how to live like a normal nation.

One can only hope.