Showing posts with label arab. Show all posts
Showing posts with label arab. Show all posts

Friday, April 10, 2009

New World Order In the 21st Century

If you've been to keen to what's been happening in the world, perhaps you've sensed subtle but significant changes in the political and economic atmosphere of the globe. Since the fall of the Soviet Union, the bipolar dynamics of world politics surrounding the US and the Soviet Union seemed to have switched to a world paradigm with too much power concentrated in the United States. The United States may have, for a moment, enjoyed its momentum in its self-imposed delusion while the US used its unchallenged influences around the world, fueled by its Jews-dominated financial market and anti-terrorist doctrine. However, the US has made several critical mistakes unwittingly along the way.


The first mistake of the US was that it ignored the real threats lurking in the shadow of the world. For decades, the US foreign policies were based on the noble ideology of defending the freedom and fighting terrorism. However, this seemingly righteous mission of the US policing the world has brought growing animosity toward the US, especially in the Middle East and the third world. Supported by the Wall-street Zionists and the hawkish neoconservatives, the US has led a crusade against the parts of the world they unjustifiably labeled terrorist zones.


The second mistake was made with its consumerist economic policy. The American economy has been based on the system where more spending is promoted and more debt is accumulated to sustain the growth. At the same time, reliance on the cheap foreign labor and outsourcing of manufacturing functions to the third world, especially China, has increased the vulnerability of the US economy. Furthermore, excessive spending on senseless wars in Iraq, Afghanistan and other parts of the world has greatly weakened the US economy. The current meltdown of the US economy has diminished the influence of the US in the global stage and gave the rising powers of the world like China and Russia the opportunities to challenge the US power. Now, China and Russia are growing their economic power and also building up their military might. With China and Russia teaming up to oppose the US foreign policy in every step of its way, the US will, sooner or later, lose its dominance in the world politics whether or not the current global economic crisis is over.


For instance, we can see the US losing its dominance when the US cannot immediately persuade the UN security council to punish the North Korea for launching a rocket. The North Korea clearly knew that the US wouldn't be able to do much about it launching a rocket or missile test while its Big Brother China and Russia were behind its back.


New multi-polar global power paradigm will be formed within a decade or two. In this new paradigm, Russia, China, former USSR members and North Korea will align themselves with each other. The US will possibly form an alliance with North American nations, the United Kingdom, South Korea, Philippines and India. The European Union will continue its friendship with the US, but will become an equally powerful entity with its growing economy, and won't necessarily agree with every US policy, especially on the Palestine issues. We will also see a new alliance of the South American nations and the Middle East.


As soon as the US forces leave Iraq, chaos and instability will come back to Iraq, fueled by anti-democratic Islamic militants from the neighboring Arab nations. Within decades, the democratic Iraq will be toppled and convert to fundamental Islamic regime, possibly in the likes of Saudi Arabia or Iran.


Will the future be better or worse? One thing is clear. With ever-multiplying world population and increasingly scarce resources, it will become extremely difficult to feed and sustain the world population. Unless there comes technological breakthrough in bio-engineered agriculture and renewable energy, the world will fight each other for the scarce resources.

Sunday, September 28, 2008

My Take on the Financial Bubble: Energy Cold War

I've been hearing news about subprime mortgage crisis and skyrocketing gas price. I knew critical events were happening when I heard Aloha airline going broke and people losing their jobs and homes. But honestly, it wasn't until a few weeks ago that I realized how serious the situation was. In the last few days, major financial institutions like Lehman Bros, Merrill Lynch, Washington Mutual and AIG have hopelessly failed. Now, the government is rolling out a whopping $700 billion bailout plan to save the financial market.

Being a regular joe, it's not like I can fly to Washington and have a say about the $700B bailout plan. Maybe the bailout will save us from going further into economic crisis.

What's the cause of this financial bubble? Some say it's the subprime lending. Frankly, I don't see a problem with lending money to low-income people with credit problems. People should all get equal opportunities in buying new homes whether they have good credit or not.

I think the housing bubble began to surface when crude oil price started to rise. Rising gas price resulted in rise in food prices, too. Climbing costs of living was too much for people to handle, so they couldn't pay their mortgages any more. That's how this housing bubble started.



The more I think about it, the clearer things become. It was all about the oil, or more generally, the energy resources.

As the world population increases, the natural resources become more and more scarce. Among the most precious natural resources is the fossil fuel such as oil and natural gas. In fact, the world events are moving around the context of energy resources. The recent Russian-Georgian conflict, Iran standoff, Iraq war and Afghanistan war were all motivated by the need for control of energy resources.

Now, nations are beginning to weaponize their natural resources. Russia has long since seized oil and natural gas companies under government control. And the recent Russian conflict with Georgia was believed to be motivated by Russian interests in the underground natural gas pipeline through the conflict territory.

The soaring gas price across the globe may be the work of natural resource weaponization. OPEC kept tight control of oil supply and drove up the price of crude oil across the globe to the United States. The majority of OPEC members are Arab nations. Maybe the Arabs were so threatened by the establishment of Americanized liberal democratic nation in their midst that they covertly designed a counter attack of soaring oil price and delivered it to the US, thus dealing a fatal blow to the US economy.

The world is now entering a new era of cold war, and this war revolves around one goal. That goal is to capture the most of ever so scarce sources of energy.

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