by Alasdair MacLeod
In a continuing cold war, America is already on the back foot. We have yet to see how long it will be before the Biden administration realises its few victories will be unaffordably Pyrrhic, and by merely not responding to American provocation the Chinese/Russian partnership will emerge as the victors.
Halford Mackinder’s century-old vision of a Eurasian superstate, based between the Volga and the Yangtse, is becoming reality. Commentators usually fail to understand why; it is not due to military superiority, but down to simple economics. While the US economy suffers a post-lockdown inflationary outcome and an existential crisis for the dollar, China’s economy will boom on the back of increasing domestic consumption, which is an official government objective; and increasing exports, the consequence of America’s stimulation of consumer demand and a soaring budget deficit.