Chapter 91 everything under control

So costly is military control of Iraqi oil and the security of the entire Arabian Gulf region, which determines the future economies of all Eurasia and beyond, and is so vital to America's new imperial strategy, that it is undoubtedly worth the price. The economic policy of the Bush administration was simple: win re-election in 2004 at any cost.Washington has a fiscal deficit of 500 billion U.S. dollars every year, and the trade deficit is also huge. Exporters in China, Japan and East Asia use their trade surpluses of hundreds of billions of dollars to buy U.S. treasury bonds and other assets. For fear of losing their export markets, They are becoming more and more dependent on the United States in the process, and they seem to be being chased in the process, unable to find an exit.

People from both the Fed and the administration expressed concern about the warning signs in Washington's economic data.These people now control the most important thing in world economic growth - oil.They do not indirectly but directly use military force to support regimes in different oil-producing regions, thereby controlling oil.Because of their strong control over the flow of oil in the world, they have destructive weapons to threaten other countries in the world.Who dares to challenge the dollar? The contrast between the first oil crisis of the 1970s and the events following the Iraqi invasion is dramatic. In 1973, the policy proposed by the Bilderberg Club in Saalsbaden, Sweden, raised the price of oil so high that new oil discoveries in the North Sea, Alaska, and other non-OPEC areas Sources become profitable.The first oil shock bought time for the dollar system.

In the 1970s, powerful blocs like the Bilderberg Club and the Trilateral Commission were able to delay the impact of the first oil shock on Europe, Japan, and the United States.To do so, they address the needs of the developing world, through the IMF system, and combat nationalist movements that develop their own economies. They call this "sustainable" growth.This policy, by restricting the development of the rest of the world through "limits to growth", has kept developed countries rich and the dollar system for over 30 years.Developed countries imagine that there will be a steady stream of abundant and cheap oil to support their most affluent living standards for 30 years.But such fantasies come at the expense of the well-being of the peoples of developing countries in Africa, Asia and Latin America.Only by ruthlessly attacking the aspirations of the people of most developing countries for stable economic growth can the illusion of long-term prosperity be guaranteed to the few developed countries led by the United States.

The International Monetary Fund has an important role to play in making this fantasy a reality.By artificially suppressing the industrialization of most countries, Washington can suppress the global demand for oil and allow the United States to import cheap oil to maintain artificial prosperity.U.S. oil production peaked in the early 1970s.The American way of life is increasingly dependent on foreign oil imports. By the early 2000s, the illusion of plentiful and cheap oil was no longer a reality.For the first time, the approach of the International Monetary Fund has been applied to the developed countries themselves.As the world's oil production peak is approaching, the United States has taken unilateral actions to maintain its hegemony. They refused to sign the Kyoto Protocol, refused to accept the judicial trial of US military officers and soldiers by the International Court, and even invaded Iraq.

Thirty years after the first oil crisis, the biggest new oil fields are past their peak output.Oil majors in Washington and the Anglo-American countries no longer have the luxury of continuing to do business with regimes that own state-owned oil companies.Direct control over the world's oil and gas resources entered the agenda of the Anglo-American countries.They would rather call it promoting democracy in the Middle East.All indications are that the peak of world oil production, the absolute peak, is approaching, and Washington's chances are running out.If 1973 was a warning, it became clear in 2003 that it was not a warning but a reality.

At the beginning of the new millennium, the United States almost monopolized military technology and possessed an absolute superiority in military power.The United States controls the world's reserve currency and therefore can control most of the assets of developing countries.After capturing the oil fields of Iraq, the United States has taken control of the world's energy future.The Pentagon's statement is "all-round control", that is, the United States should control military, economic and political development in every part of the world.They seem to be doing a good job at this.

Critics of U.S. unilateral hegemony argue that U.S. imperialism stems from fundamental U.S. weaknesses rather than U.S. strengths.Emmanuel Todt, an adviser to French President Jacques Chirac, is one of them.He designed a German-French-centered alliance of European and Russian interests, a combination of Eurasian territorial advantages that both Halford Mackinder and Brzezinski opposed.But until early 2004, the Eurasian Union remained in disarray and fragmentation.The European Union even debated and failed to reach an agreement on the European Constitution.Washington sees few real opponents.

Not long after Iraq was occupied, contemporary scholar Edward Said wrote in an article in Al-Ahram: In a formal speech, every authoritarian emperor would say that this time is different from the past, The situation is different, this time the purpose is for order, democracy, civilization and wisdom, and the use of force is only a last resort. Whether his words would be true in the new American century, he did not live to see.