Saturday, May 09, 2020

JOHN CHUCKMAN COMMENT: GOOD LEADERSHIP ESSENTIAL TO EVEN MAINTAINING YOUR PLACE IN THE WORLD LET ALONE ADVANCING IT - THE UNITED STATES SIMPLY DOES NOT HAVE ANY - POLITICAL BANKRUPTCY TO GO ALONG WITH ALL THE OTHER BANKRUPTCIES HEADING ITS WAY - EXAMPLE OF TRUMP AND SAUDI ARABIA - SAUDI OPTIONS - POTENTIAL FOR CHINA

John Chuckman


COMMENT ON AN ARTICLE BY DANIEL LAZARE IN STRATEGIC CULTURE


“From Overstretch to Collapse”

“So the collapse intensified, which is why America is now such a helpless giant. A crazy man is at the helm, yet the best Democrats can do is put up a candidate suffering from the early stages of senile dementia, who may be a rapist to boot. No one knows how things will play out from this point on. But two things are clear. One is that the process did not start under Trump, while the other is that it will undoubtedly continue regardless of who wins in November. Once collapse sets in, it’s impossible to stop.”


That is the closing paragraph of an article by Daniel Lazare, and I find it quite powerful in the way it brings things together. There is much in the same article with which I disagree, especially his interpretation of the Wars in the Mideast and of the coup in Ukraine. I regard him flatly wrong on those.

But while every writer has his/her agenda, an agenda I may not agree with it, that doesn’t preclude some truths being said along the way. And here is a perfect example.

Incidentally, that observation about agendas is why you cannot flatly condemn anyone for reading a certain writer or publication you know to have a bias or prejudice, maybe even an unacceptable one. Truth is most often found in little nuggets, and that holds for mainstream and alternative publications.

The collapse referred to is America’s imperial collapse, and I do believe that, with each passing day’s events now, the collapse is coming much more rapidly than anyone could have anticipated, and I agree strongly with the observation: “Once collapse sets in, it’s impossible to stop.”

Trump’s total mismanagement of the pandemic only piles on top of his mismanagement of relations with China and with Europe and in the Middle East. It is just one disaster after another, all leaving behind anger and resentment and lack of trust.

I agree it isn’t just Trump. America’s establishment had been headed on this destructive course for some years - under both Obama and Bush Jr - and then Trump jumped onto the stage with his blustering, offensive, and just incompetent ways, and things have started moving considerably faster.

Please note how most of America’s governing elites have made almost no serious effort to restrain or oppose him. The impeachment was about a far less consequential matter than almost every aspect of his foreign policies. He has definitely launched an assault on the foundations of what we know in the world, the set of international trade, diplomatic, and military relationships, almost without opposition.

He’s even at war with Saudi Arabia, the foundation of the American dollar’s special place in the world, a foundation without which much of America’s military and imperial activities would not be possible. The huge global demand to hold American dollars, owing to everyone’s needing some to buy oil, gives the US the exclusive privilege of printing far more dollars than the productive activity of its own economy would warrant and doing so without creating inflation. It has other advantages, such as giving America the ability to pay for many goods and services anywhere in the world with its own currency.

The Saudi situation is a very illustrative one. The Saudis want to increase their market share in the world.  Costly, uncompetitive American shale oil has filled some markets, but that was only possible because OPEC and Russia had held up prices earlier. American shale oil had a free ride. Well, the Saudis really aren’t willing to go on that way. The US shale industry can be largely collapsed in fairly short order with low prices, and both Saudi Arabia and Russia would be happy to see it.

Trump was not even willing to add a meaningful American contribution to the production decreases he was demanding of everyone else so that prices could rise. No, this stable genius wanted the higher prices and he wanted the flourishing American shale industry, wanted them both without any American sacrifice, just by force of his will, but that is not a sustainable outcome, not at all. Even if you cobble together a deal, as they did, it cannot hold because it works against the interests of major players.

Trump’s fixation on high American crude production (consisting heavily of shale oil) is much like his MAGA mantra. He literally believes that through force of will, he can make it be 1959 again for America, a time when America’s conventional crude production was high, just as its production of many manufactured goods it sold all over the world was high. His beliefs around the strength of his will - reflected I believe in the grim and grotesque grimaces we see in so many photos of him - actually somewhat echo those of Germany’s leader of the 1930s who frequently used the expression, “my unshakable will,” and we all know how that story ended.

To get better cooperation from Saudi Arabia, Trump is reported to have quietly threatened to remove America’s military umbrella for the Saudis. Only the other day, some Patriot missile batteries were reported to be leaving the country, likely a tangible demonstration to make the military threat credible.

But making Saudi Arabia vulnerable is not a wise thing to do. Nor is making its temperamental Crown Prince angry. And since we have rumors of a recent coup attempt in the country, Trump is playing with fire.

The de facto leader of Saudi Arabia, the Crown Prince, is not a terribly flexible guy either, as his butchery of Jamal Khashoggi and the hefty increase in national beheadings amply demonstrate.

Actually, if that rumored coup attempt involved the US, as some reports suggest, Trump has already played with fire, and the Crown Prince has even more incentive to make changes in the Kingdom’s policies.

Saudi Arabia could reorient its policies and hurt the US. The atomic bomb of such measures would be changing the currency demanded for Saudi oil.

But there are many other measures that might serve Saudi Arabia’s interests and work against what the US regards as its interests, from ending the war in Yemen or ending support for the terrorists in Syria to altering its posture towards Iran, incidentally a country which stopped pricing its crude in dollars a while ago. After all, it is Yemen and Iran cited as the threats to Saudi facilities. That threat could readily be reduced or ended.

Any improved relationship with Iran would contribute to the forces beginning to nudge the US out of the region.

And there is China with its Belt and Road Initiative (BRI) initiative which could contribute mightily to the Crown Prince’s ambitious development plans for Saudi Arabia. China is ready to partner with anyone, and coming out of the pandemic, it is prepared to make every effort to get its economy humming again. China is an important oil customer too.

Good leadership is indispensable to even keep your place in the world, let alone improve it, and the US simply does not have it. Trump’s incompetence with the only political alternative being pathetic Joe Biden is itself living, breathing evidence of accelerating decline. Political bankruptcy, if you will, to go along with all the other bankruptcies headed its way.