A study conducted by the Quincy Institute for Responsible Statecraft, a US think-tank founded in 2019, revealed that the United States is involved, indirectly, in 34 of the 46 armed conflicts curre…
In my understanding of superimperialism and dollar hegemony it’s not so much that American capitalists and government want to maintain it (although they do as it’s an institution of their power), but that they must maintain dollar hegemony as a matter of survival. If they don’t, the entire house of cards falls and the bulk of the USA’s $20T+ in debt comes due.
Precisely. And how much do you think they want to maintain that hegemony?
In my understanding of superimperialism and dollar hegemony it’s not so much that American capitalists and government want to maintain it (although they do as it’s an institution of their power), but that they must maintain dollar hegemony as a matter of survival. If they don’t, the entire house of cards falls and the bulk of the USA’s $20T+ in debt comes due.
And how far do you think they’ll be willing to go to avoid it?
Since it’s a basic question of existence, no effort will be spared to secure that existence.
Ergo the “paper bully” is going to start flinging nukes