Former World Bank Lead Economist Prof. Branko Milanović:

‘China🇨🇳 is absolutely an economic case that defines the current moment. We have NEVER had increase of incomes of such magnitude over such a long time for so many people as we have had in China.

More than Japan from 1945 until 1980-85, or the UK at the Industrial Revolution, or the United States at its really high growth rates at the end of the 19th century and early 20th century.

You actually talking of an entirely different order of magnitude.

It's important because whoever is the most economically successful country at a given point in time gets either imitated by the others, others actually try to learn something, or that country tries to sell what they have done elsewhere.

So what I think actually is now beginning to happen, although slowly, is China is trying to actually sell a little bit its model abroad.

The problem with the Chinese model is that there are so many contingent things that have happened over the last 45 years in China that the model is not easily packaged and sold.’

FULL INTERVIEW: https://rumble.com/v7e5t4c-ex-world-bank-lead-economist-says-ww3-is-being-made-more-likely-by-current-.html?e9s=src_v1_ucp_a

PROF. JEFFREY SACHS:

‘China🇨🇳 is not an enemy. China is just a success story. That’s why it is viewed by the US🇺🇸 as an enemy, because China is a bigger economy than the US. That’s all.’

‘US and Europe’s obsession with militarisation is a response to the fact they can NO LONGER compete with China🇨🇳 and India🇮🇳.’

—Former World Bank Lead Economist Prof. Branko Milanović

‘Military Keynesianism came very handily because the European countries and the US have been facing obviously sort of reduction in industrial activity…

Deindustrialisation has been faced, and they don’t like that because essentially China is beating them in all the games, including of course most recently in cars, in automobile production, and in sort of taking over the market which Germany had for a while.

They decided that they cannot produce and compete with China in cars. They are going to produce tanks because you don’t compete because you produce tanks domestically.

So I think that the military Keynesianism responds to the economic failure, particularly of Europe, of really sort of staying on the top of the game when it comes to the industrial and manufacturing production.’

Watch the full interview: https://rumble.com/v7e5t4c-ex-world-bank-lead-economist-says-ww3-is-being-made-more-likely-by-current-.html?e9s=src_v1_ucp_a

Delusional former UK🇬🇧 Prime Minister Boris Johnson:

‘The idea that America🇺🇸 is Sparta, the entrenched and sinking former power, and China🇨🇳 is Athens, the rising power…RUBBISH!

Other way around, China is Sparta the closed, autocratic society. It’s America that has always been the free and open Athenian society.’

The US is decaying under the weight of its wealth-hoarding bloated oligarchy, and its empire of violence and hypocrisy.

It’s China that has been rising peacefully, without attacking any other country, and is at the forefront of innovation and development.

Philip Pilkington: ‘Iran War has ACCELERATED the end of US🇺🇸 financial hegemony, China’s🇨🇳 strategy is simply to WAIT.’

‘The Chinese strategy, and Russia's involved in that Chinese strategy at this point, is basically to just wait.

Now I don't think anyone was sure that the Iran war would happen. If the Iran war hadn't happened, all of this stuff would have happened more gradually.

I think maybe we would have got, you know, a gradual unwind over the next maybe 10 years or something like that.

And maybe at a certain point, a more enlightened US government would have realised, for example, doing a second Bretton Woods system and a multilateral, truly multilateral, multipolar currency system would have been the way forward.

The Iran war has turned all that out. It's accelerated everything by a factor of five to ten, and I think It’s probably surprised some people in China, probably in Russia as well, and in the BRICS and they but they're gradually becoming aware of what's actually happening…

The correct strategic stance that they're taking is just to step back a little bit and make sure you don't get too involved, never interrupt your enemy when he's making a mistake, as Sun Tzu said, and I think that's basically what's happening here.

Since 2022, arguably since 2014, since the Crimea incursion, the BRICS countries have been developing slowly, slowly, slowly an alternative architecture. I keep telling people in the West, those things can be activated almost immediately.

The point here is everyone can just switch to the other system pretty much immediately. They just have to trust it enough, or they have to distrust the present system enough.

That's how financial markets work. It's all trust and contracts. And so this thing could, this thing could Really reset quickly, like really quickly.’

—Philip Pilkington joins us for Monday’s episode of Going Underground

Don’t miss it, follow us on X and follow our Rumble channel: https://rumble.com/v7e8oxc-iran-war-trumps-oil-market-manipulation-and-the-breakdown-of-us-dollar-hege.html?e9s=src_v1_ucp_a

Philip Pilkington explains how Donald Trump and the mainstream media are part of the oil market MANIPULATION to keep prices down:

‘A lot of oil market trading is now done by algorithms, not by people. So these are text recognition-based algorithms, not unlike the AI program that you use to look up research.

And it’s a it’s a garbage in garbage out situation. If Trump posts enough keywords in his Truth Social, If Bloomberg News is able to recycle these so-called ‘high trust’ media sources, the trading algorithm will respond to those keywords.’

Watch the full interview: https://rumble.com/v7e8oxc-iran-war-trumps-oil-market-manipulation-and-the-breakdown-of-us-dollar-hege.html?e9s=src_v1_ucp_a

Former Advisor to President Genocide Joe Biden:

‘The oil price is NOT reflecting reality. Traders right now are trading the price based off of headlines from Washington.

“The President said war is over, Strait is open. Great, let’s reduce the price.” But that’s not reality.’

Trading algorithms read Donald Trump’s blatant lies about the disastrous war on Iran on Truth Social, mainstream corporate media regurgitates Trump’s declarations that are detached from reality in their headlines…

Trading algorithms view corporate news outlets as ‘high trust’, and then trades based on these positive, fake headlines, keeping prices artificially suppressed.

Philip Pilkington: ‘This could be the beginning of THE END of the US DOLLAR system.’

‘The two weakest links there are Japan and Britain. Japan and Britain are both the largest lenders to the United States. The United States is a huge borrower in the foreign markets. That’s how it runs the big trade deficits, and it’s able to consume without producing enough.

Well, the creditors in that equation are Japan and Britain. Japan is collapsing. Its economy is collapsing. The yen is collapsing, and Bessent is desperately trying to prop it up so that they don’t stop buying US Treasuries or they don’t start dumping US Treasuries into the market.

Britain is borderline bankrupt. A bunch of economists a few weeks ago said that it would probably end up in an IMF bailout at some point. If the IMF could even bail it out, it’s probably too big a country to bail out.

So you’ve got the two largest holders of US Treasuries, that is the two largest creditors to the United States, and both of them are creaking under pressure.

And when this oil prices oil crisis actually breaks out and we see the sort of inflation similar to 2022-2023, the pressure on, for example, Britain and Japan will be too much, and at that point the dollar global system could start to collapse.

Scott Bessent came out a week before the Japanese bailout and started to talk about a new Bretton Woods system signals to me that they may be beginning to understand that the dollar system is finished and it would be much more productive for them to do something constructive rather than let it unwind chaotically.

But I will say in history when these things have happened it’s tended to be chaotic unwinding. It’s tended to be.’

Watch the full interview: https://rumble.com/v7e8oxc-iran-war-trumps-oil-market-manipulation-and-the-breakdown-of-us-dollar-hege.html?e9s=src_v1_ucp_a

President of Russia🇷🇺 Vladimir Putin:

‘The use of the dollar as the world currency brings the United States a lot of money it didn’t actually earn.

Experts estimate the US has earned $10 TRILLION from the US dollar being used as the world’s currency. That means it consumes more than it produces.

The dollar allows the United States to continue exploiting other economies for their benefit.’

Philip Pilkington EXPOSES how Donald Trump and corporate news outlets MANIPULATED MARKETS via trading algorithms to keep oil prices suppressed:

‘So Trump said that they have full control over the Strait of Hormuz. Now to me and you, that looks like a clownish thing to say. It looks ridiculous. You’d think why would anyone say that?

That’s a ridiculous thing to say. Because robots don’t have a sense of humor, they’ll see that and they’ll give that a weight in their trading algorithm.
The big one was the oil glut, three or four weeks ago, when there was a partial reopening.

There was never really a partial reopening, but the financial headlines all said that there was going to be an oil glut. Now, anyone with a brain would realise that there would be no oil glut. It made absolutely no sense.

The point wasn’t even to convince people, the point was to convince algorithms. And if the algorithms see words like ‘oil glut’, ‘we’ve gained full control over the strait’, ‘ceasefire’, ‘peace deal’…

The algorithm will put weights on these keywords if they’re from quote unquote trusted news sources, and then they’ll trade accordingly.’

Watch the full interview: https://rumble.com/v7e8oxc-iran-war-trumps-oil-market-manipulation-and-the-breakdown-of-us-dollar-hege.html?e9s=src_v1_ucp_a

Philip Pilkington: ‘They have manipulated oil futures in the past after the Russian invasion of Ukraine and Houthi attacks, but they never went NUCLEAR on it. They NEVER did as much manipulation as they're currently doing.

I think those two, you could have gotten away with. Ultimately, the Russian situation was not actually lost energy to global markets. It was rerouting energy.

I don’t think the Red Sea was enough to seriously impact global supplies alone. I think you needed the Hormuz Strait and the Red Sea.

The problem now is you're dealing with probably 20% of the world's oil supply. And so what you're seeing that you didn't see last time is inventories are crashing.’

Watch the full interview: https://rumble.com/v7e8oxc-iran-war-trumps-oil-market-manipulation-and-the-breakdown-of-us-dollar-hege.html?e9s=src_v1_ucp_a

BREAKING: Donald Trump to Fox News on Iran-Oman negotiations over the Strait of Hormuz:

‘If Oman gets in the way, we’ll bomb the SH*T out of them.’

After destabilising the Gulf States with his pointless war on Iran that they didn’t want, now Trump threatens to bomb a GCC state.

Philip Pilkington: ‘China🇨🇳 SAVED the US🇺🇸 from a disastrous OIL SHOCK, but the serious economic problems will arrive BEFORE the midterms.’

‘Before Trump went over to Beijing, China cut their oil imports in half, from about 12 million barrels a day down to 6 million barrels a day, and that held while the MOU held.

The MOU was supposed to be for 60 days, and then the moment Trump tore up the MOU, the Chinese started importing again.

Now, what that tells me is that the Chinese and the Americans struck a deal. I don’t know what else was included in that deal. We could speculate…

The Chinese probably said to the US: “60 days, Sign this MOU, it’s going to be brutal. You guys are going to basically sign a surrender document. And you sign that, and we’ll give you a reprieve. We’ll give you we’ll cut our oil imports in half.”

That wouldn’t have completely solved the crisis, but I think the Americans calculated that will probably get them up to the midterms.

But then, because the Trump administration is so chaotic, Trump got got out of the wrong side of the bed one morning and decided to tear up the MOU.

The moment that MOU was torn up, tanker traffic started to show the Chinese started ramping their imports up again. So I don’t think the current situation was planned for.

I reckon they came up with a coherent plan to get them through the midterms that involved the MOU, and it rode or die on the MOU, which is now dead, and it’s not coming back.

And the Iranians aren’t interested in negotiating anymore. So I think I think there’s a fairly decent chance that the that the serious problems will hit before the midterms.’

Watch the full interview: https://rumble.com/v7e8oxc-iran-war-trumps-oil-market-manipulation-and-the-breakdown-of-us-dollar-hege.html?e9s=src_v1_ucp_a

Philip Pilkington: ‘China🇨🇳 set to be BIGGEST WINNER as US🇺🇸 dollar system begins to UNWIND.’

‘If the dollar system unwinds and we’re probably talking about, Unless something changes in the next year or two, we are really are that close.

If that happens, the countries outside of the dollar system, ai include Europe in that. The euro system is actually separate from the dollar system.

Europe has problems of its own, I’m not saying that Europe’s gonna come out on top here, but if the dollar system itself starts to unwind, these other systems are gonna come to the fore.

That’s very clear, and I think the Chinese are gonna be the biggest winners out of this.

Europe, it’s a mixed bag. I think the euro will actually strengthen. Christine Lagarde knows that this is happening, and I can tell that because for the past 18 months or a year, she’s been talking about the global euro.

Christine Lagarde in my opinion is the only competent technocrat left in Brussels. she’s the only smart person left in the room. A lot of them are clowns. A lot of them are not serious people. And she’s actually quite smart. And she’s been talking about this global euro for a while.

The Chinese are quite well prepared for this. I think it was about six or eight months ago, JP Morgan and Deutsche Bank launched Panda bonds.

Now that was that was very interesting. These are renminbi bonds, that are you know issued fully in renminbi and you borrow in renminbi and you get renminbi and then you use the renminbi.

This was the biggest investment bank in Europe, Deutsche Bank, and one of the biggest investment banks in the United States, and what they were clearly doing was testing the water, because at the moment, US interest rates are far higher than Chinese interest rates, and so logically, you just go and borrow renminbi.

But the reason that they haven’t switched completely is because of the political risk involved. Obviously, if they switch most of their lending, the US government will go crazy, but past a certain point.’

Watch the full interview: https://rumble.com/v7e8oxc-iran-war-trumps-oil-market-manipulation-and-the-breakdown-of-us-dollar-hege.html?e9s=src_v1_ucp_a

Philip Pilkington: ‘What you see in the Iran war is that there is NO PLAN AT ALL.

‘You even see a complete lack of systematic propaganda from the American side, which during the Ukraine war was hard to ignore.

You could imagine a shelf in the State Department had a set of plans for the Ukraine conflict. I don’t think there was a set of plans for the Iran conflict.

That’s why someone like Obama, who in my opinion is a strong representative of the American state rather than the government, was the one who did the JCPOA, because he knew this was a non-starter.

Going to war with Iran, you were never going to win, even back in the Obama administration. And since then, the weapons technology has become even more advanced, and we’re seeing the results of that now.

The reports suggest none of Trump’s cabinet were in favor of this, including Rubio, who’s quite hawkish and very interested in other ventures. But no, I think this was a one-man show, and that’s why what is happening is happening.

Now, with the fact that US financial media aren’t covering burning ships anymore, it suggests to me the state has figured: okay, we’re in it, so we have to manage it or deal with it. But I don’t think there was any coherent Iran plan.’

Watch the full interview: https://rumble.com/v7e8oxc-iran-war-trumps-oil-market-manipulation-and-the-breakdown-of-us-dollar-hege.html?e9s=src_v1_ucp_a

Jared Kushner: ‘Iran is engaging in a very strong way and that is quite positive…

but we are not there yet on an understanding and President Trump will be very patient. He doesn't want to rush to a deal.’

Jared Kushner and Donald Trump are selling serious negotiations with figments of their own imagination as ‘peace talks’ to markets and the American people…

While the Trump family continues to use every announcement as an opportunity for insider trading and market manipulation.

In 1776, the US🇺🇸 defeated the British Empire🇬🇧 with ASYMMETRIC warfare, now the US is defeated by asymmetric warfare in Vietnam and Afghanistan.

Former CIA Advisor Michael O’Hanlon:

‘The US’ success in the War of Independence wound up foreshadowing some of the opposition that not only the US, but France, Russia, and other great powers of the last 100 years have faced everywhere from Afghanistan to Vietnam to Algeria,

Where often the established powers have been defeated by insurgents using these asymmetric tactics, and so that, 250 years ago it was the other way around. The United States used those sorts of counter-punching tactics against the British.’

—Michael O’Hanlon joins us on Saturday’s episode of Going Underground

Don’t miss it, follow us on X and follow our Rumble channel: https://rumble.com/v7egm6k-afshin-rattansi-challenges-ex-cia-advisor-on-the-legacy-of-americas-wars-su.html?e9s=src_v1_ucp_a

‘The ROUGHEST period for the US🇺🇸 on the battlefield has been in the modern era.’

—Dr. Michael O’Hanlon, former advisor to the CIA

‘Even though in that period of time, the United States has generally been acknowledged to be the world's number one military power...

But since World War II with the Soviet Union and the Brits as our key allies, we have struggled. We have struggled in Korea where we fought to a draw. We lost the Vietnam War. We lost the Afghanistan War, and we sort of fought to a draw in Iraq.

And so it's sort of striking, even though this period has been characterised by American global influence and some people even say hegemony on the battlefield, it really has not been so.’

Watch the full interview: https://rumble.com/v7egm6k-afshin-rattansi-challenges-ex-cia-advisor-on-the-legacy-of-americas-wars-su.html?e9s=src_v1_ucp_a

Julian Assange in 2011: "The goal is to use Afghanistan to wash money out of the tax bases of the US and Europe through Afghanistan and back into the hands of a transnational security elite.

The goal is an endless war, not a successful war.”

This has been the goal of every major war since 1945.

Can the US🇺🇸 keep LOSING wars and still maintain its hegemony?

Former CIA Advisor Dr. Michael O’Hanlon:

‘It’s an important lesson for all great power wars to remember, because sometimes when you're in the middle of a war, it seems more important than it may actually be.

It’s striking that we're getting along pretty well with Vietnam these days in the United States, even though we lost the war to Vietnam.

Does that mean that the war itself was pointless? Probably. Does it mean that, the war was crucial for our global standing?

Clearly not, because even after losing that war, we wound up regrouping and having a good 1980s and then successfully completing the Cold War without a direct conflict.

So, I think great powers need to bear in mind sometimes the smaller wars don't matter as much as they may think.’

Watch the full interview: https://rumble.com/v7egm6k-afshin-rattansi-challenges-ex-cia-advisor-on-the-legacy-of-americas-wars-su.html?e9s=src_v1_ucp_a