Hudson: The war is against Europe and Germany

<h1>The war is not against Russia, but against Europe and Germany</h1>
<p>Michael Hudson's thesis suggests that the current conflict since the outbreak of the war in Ukraine is not a mere confrontation between powers, but a structural clash against the European economic model. This analysis points to a future where Europe and North America move toward a debt-financed neoliberal path, while China consolidates a different kind of industrial capitalism, oriented toward socialism within its Belt and Road Initiative framework.</p>

<p>According to the perspective analyzed, this scenario is not a simple slip by the United States, but a calculated strategy within a global crisis. The argument is that the surge in energy prices is part of a larger design. The dynamics of power become more complex with moves such as Saudi Arabia's announcement that it will price oil in yuan, challenging the hegemony of the US dollar in international trade.</p>

<h2 style="font-size: 5pt;">The challenge to the dollar and trade sovereignty</h2>
<p>For some, US control of the global financial system is a critical issue. Washington's ability to seize dollar assets in any jurisdiction is seen as a direct threat to the autonomy of nations seeking to diversify their operations, as has been observed in previous attempts to control copper or in the Venezuelan case of agrarian reforms.</p>

<h2 style="font-size: 5pt;">The tug-of-war between speculative and productive economies</h2>
<p>There is a school of thought that pits the speculative economy, driven by financial interests, against the productive economy. This tension, some analysts argue, has manifested itself in the dynamics of the current crisis, where extractive elites constantly seek to redefine the distribution of resources, often by creating crisis scenarios to consolidate profits and impoverish the productive base.</p>

<h2 style="font-size: 5pt;">Criticism of the dominant narrative and the role of institutions</h2>
<p>There is deep distrust of official discourse, with the suggestion that the media act as mere conduits for a pre-established narrative. In addition, the nature of institutions such as the European Central Bank is questioned, perceived by some as an extension of US financial policy. This view invites scrutiny of the legitimacy of current power structures.</p>

<p>The economic landscape, far from being a binary conflict, is presented as a multifaceted chessboard where power dynamics, monetary control and trade reconfiguration will dictate the terms of the next phase. This tension is expected to continue, forcing Europe to redefine its position vis-à-vis emerging powers and the pressure of the Anglo-Saxon blocs.</p>

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