World War III has begun

The Third World War is currently being fought. How long before it moves into its hot stage?

Washington is currently conducting economic and propaganda warfare against four members of the five bloc group of countries known as BRICS—Brazil, Russia, India, China, and South Africa. Brazil and South Africa are being destabilized with fabricated political scandals. Both countries are rife with Washington-financed politicians and non-governmental organizations (NGOs). Washington concocts a scandal, sends its political agents into action demanding action against the government and its NGOs into the streets in protests.

Washington tried this against China with the orchestrated Hong Kong “student protest.” Washington hoped that the protest would spread into China, but the scheme failed. Washington tried this against Russia with the orchestrated protests against Putin’s reelection and failed again.

To destabilize Russia, Washington needs a firmer hold inside Russia. In order to gain a firmer hold, Washington worked with the New York mega-banks and the Saudis to drive down the oil price from over $100 per barrel to $30. This has put pressure on Russian finances and the ruble. In response to Russia’s budgetary needs, Washington’s allies inside Russia are pushing President Putin to privatize important Russian economic sectors in order to raise foreign capital to cover the budget deficit and support the ruble. If Putin gives in, important Russian assets will move from Russian control to Washington’s control.

In my opinion, those who are pushing privatization are either traitors or completely stupid. Whichever it is, they are a danger to Russia’s independence.

Eric Draitser provides some details of Washington’s assault on Russia; of Washington’s attack on South Africa; and of Washington’s attack on Brazil.

For my column on Washington’s attack on Latin American independence, see: Washington launches its attack against BRICS.

As I have often pointed out, the neoconservatives have been driven insane by their arrogance and hubris. In their pursuit of American hegemony over the world, they have cast aside all caution in their determination to destabilize Russia and China.

By implementing neoliberal economic policies urged on them by their economists trained in the Western neoliberal tradition, the Russian and Chinese governments are setting themselves up for Washington. By swallowing the “globalism” line, using the US dollar, participating in the Western payments system, opening themselves to destabilization by foreign capital inflows and outflows, hosting American banks, and permitting foreign ownership, the Russian and Chinese governments have made themselves ripe for destabilization.

If Russia and China do not disengage from the Western system and exile their neoliberal economists, they will have to go to war in order to defend their sovereignty.

Copyright © 2016 Paul Craig Roberts

Dr. Paul Craig Roberts was Assistant Secretary of the Treasury for Economic Policy and associate editor of the Wall Street Journal. He was columnist for Business Week, Scripps Howard News Service, and Creators Syndicate. He has had many university appointments. His internet columns have attracted a worldwide following. Roberts’ latest books are The Failure of Laissez Faire Capitalism and Economic Dissolution of the West and How America Was Lost.

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One Response to World War III has begun

  1. In a way it’s none of our business. We are trying to live lives as best we can. The powerful always do what they want and must. We talk about it. They are doing this, they are doing that. There needs to be other ways where we the unfortunate mass deal with what power is and does. Can we strike, no. Can we turn away from the system that frames us in power’s favour, maybe. There needs to be another approach than just talking about what THEY are doing. It is important to know, but there must be many other levels to what a public does in the face of this monstrous system. Does anyone know if there has been a book mapping the history of ‘the public’? When did it appear, what has it done, how has it been in relation to power over the years, throughout history. Does ‘the public’ even exist anymore, or is it just another idea from the past that we half cling to.