"The United States calculated two years ago that it cannot compete with Eurasia. It's losing. It knows that it's lost the long term fight for not only dominance, but also the long term fight to be a major player," Michael Hudson said. "So [Washington] says, 'What can we do?' We know that we cannot compete with Eurasia, with China, Russia, Iran and the rest. But the one thing we can do is to lock in American prosperity by making Western Europe and the English-speaking countries, Australia and New Zealand, completely dependent on us."
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