Global South

1. Some good news from BRICS (out of Russia)

While we wait in vain for any substantive news out of BRICS Brazil, Russia is continuing.

Maria Zakharova spoke at the II BRICS Women's Entrepreneurship Forum at the Russia National Center

The National Center is hosting the 2nd BRICS Women's Entrepreneurship Forum. At the panel session "BRICS and International Institutions: Joining Efforts as a Guarantee of a Sustainable Future," the official representative of the Russian Foreign Ministry, Maria Zakharova , spoke:

We are at a turning point in history, characterized by a movement from a unipolar world to a polyphonic world order. We will not dwell on how the West gained dominance, this is a special topic. Here, representatives of the world majority: Africa, Asia, Latin America – all know perfectly well that the West built its dominance on their shoulders. But drawing a line under this dominance, we state that it is ending. Although, of course, they do not want this.

More than 1,100 delegates from 56 countries are taking part in the forum. The key topic of the forum is the development of regional cooperation between BRICS and the countries of the Asia-Pacific region, Africa, Latin America, the Middle East and the CIS.

2. Ibrahim Traorés viral interview In Russia that got banned by media

I was not aware that Traoré could speak English with this level of proficiency. Lovely to see the professionalism!

3. Transitioning to a New Financial System

"This essay was created with help from DeepSeek and with input from Colin Maxwell's thinking. The goal is to create more awareness and address issues in a clear and understandable way. It is a journey and not a set account, think along, participate. The ball is in people's court."

Replacing Debt-Based Money with Sound Money and Fair Exchange

The current financial system is fundamentally flawed. It is built on debt-based money creation, where private banks generate money out of nothing and charge interest, forcing endless economic growth in a world of finite resources. This system leads to wealth inequality, financial instability, and environmental destruction.

To fix this, we must transition to a new financial system based on:

• Sound money (not created as debt).
• Elimination or radical reform of interest.
• Replacement of all taxation with a Financial Transaction Tax (FTT).
• A shift in mindset: money as a means of exchange, not a store of wealth.

1. The Problems of the Current Financial System

A. Debt-Based Money Creation

• Private banks create ~97% of money as loans (Bank of England, 2014).
• This money is backed by debt + interest, forcing perpetual growth.
• Consequence: The economy must keep expanding to repay loans, leading to boom-bust cycles.

B. The Interest Problem

• Interest drives wealth inequality (the rich earn from interest, the poor pay it).
• It requires infinite growth on a finite planet (ecological unsustainability).
• Leads to financialization (making money from money, not real value).

C. Money as a Goal, Not a Tool

• Hoarding mentality: The wealthy accumulate money instead of circulating it.
• Speculation over primary necessities: Essential goods like food, housing, and healthcare become financialized, traded as commodities rather than guaranteed rights. Hedge funds speculate on grain prices while millions starve; private equity buys up hospitals and cuts staff for profits.
• Finance dominates real value creation: Stock buybacks exceed R&D spending; derivatives trading dwarfs productive investment.

2. The New Financial System: Key Reforms

A. Sovereign Money Creation (Ending Private Bank Money Creation)

• Full Reserve Banking: Banks can only lend existing money, not create it.
• State-issued money: Governments create debt-free money for public spending (Modern Monetary Theory, MMT).
• Example: The Chicago Plan (1930s) proposed this to prevent bank runs.

B. Replacing Interest with Alternative Models

• Islamic Finance Principles:
  • Profit-sharing (Mudaraba) instead of interest.
  • Asset-backed financing (Murabaha).
• Public Banking: State banks offering interest-free credit (e.g., Bank of North Dakota).
• Negative Interest on Hoarded Money (Silvio Gesell's idea to discourage accumulation).

C. Replacing All Taxation with a Financial Transaction Tax (FTT)

• A single, progressive FTT (0.1%-1%) on all financial transactions: stocks, bonds, derivatives, forex, crypto.
  • Replaces income tax, VAT, corporate tax, simplifying the system and reducing bureaucracy.
  • Targets speculation: High-frequency trading (HFT) and derivatives would bear the heaviest burden.
  • Funds public services: Revenue from FTT replaces lost tax income, funding healthcare, education, and infrastructure.
• Advantages:
  • Reduces wealth inequality: The top 1% conducts 90% of speculative trades (IMF data).
  • Stabilizes markets: Discourages short-term gambling (e.g., 2008 crisis).
  • Encourages productive investment: Long-term holdings are taxed less than millisecond trades.
• Historical Precedent:
  • The UK's stamp duty (0.5% on shares) reduced volatility without harming growth.
  • Sweden's 1980s FTT (later repealed due to globalization pressures, showing the need for global coordination).

D. Complementary & Local Currencies

• LETS (Local Exchange Trading Systems): Community-based, interest-free exchange.
• Cryptocurrencies with Fixed Supply (e.g., Bitcoin, but with better energy efficiency).

3. Obstacles to Transition & How to Overcome Them

A. Resistance from Financial Elites

• Problem: Banks, hedge funds, and corporations profit from speculation and debt-based money.
• Solution:
  • Mass movements (e.g., Occupy Wall Street with clear demands).
  • Whistleblowing (expose how speculation harms food/healthcare access).

B. Political Capture by Banks

• Problem: Politicians depend on financiers for funding.
• Solution:
  • Public election financing (ban private donations).
  • Citizen assemblies to draft monetary reforms.

C. Fear of Economic Shock

• Problem: Sudden FTT implementation could trigger capital flight.
• Solution:
  • Gradual phase-in: Start with a 0.1% FTT, then scale up.
  • International cooperation: G20-wide FTT to prevent tax havens.

D. Public Misunderstanding

• Problem: Many believe "taxes are inevitable" and don't question money creation.
• Solution:
  • Education: Explain how FTT could abolish income tax.
  • Media campaigns: Compare speculation taxes to Robin Hood policies.

4. The Psychological Shift: From Hoarding to Circulating Money

The deepest issue is human behavior:

• Greed vs. Need: The current system rewards accumulation, not circulation.
• Solution:
  • Demurrage currency: Money loses value if hoarded (encourages spending).
  • Basic Income: Reduces scarcity mindset.
  • Ethical finance: Praise circulating wealth, not hoarding (e.g., Islamic charity principles).

Conclusion: A Realistic Path Forward

The transition requires:

1. Ending private money creation.
2. Abolishing interest with profit-sharing models.
3. Replacing all taxes with FTT; punishing speculation, not labor.
4. Cultural change: Money as a tool for exchange, not a god to worship.

The obstacles are powerful but not invincible. History shows that unjust systems collapse when enough people awaken and build alternatives.

Creating awareness in the street

"Copy, paste and share."

A Fairer Money System Is Possible – Here's How We Get There

Right now, our money system is broken. A handful of big banks create money out of nothing, charge us interest on it, and force the economy to grow endlessly, even though we live on a planet with limited resources. This makes rich bankers and speculators even richer while ordinary people struggle with debt, unaffordable housing, and rising food prices. But it doesn't have to be this way. We can build a better system, one where money works for everyone, not just the wealthy few.

What's Wrong With the Current System?

Today, almost all money is created as debt. When banks make loans, they don't lend out existing money, they create new money out of thin air and charge interest on it. This means our entire economy runs on borrowed money, forcing us to keep growing just to pay back the interest. Meanwhile, Wall Street speculators gamble on food prices, housing, and even healthcare, turning basic human needs into profit machines while millions suffer.

The system is designed to make the rich richer. The more money you have, the more you earn from interest and investments, without doing any real work. Meanwhile, workers pay taxes on their wages while billionaires exploit loopholes. It's not fair, and it's not sustainable.

How Do We Fix It?

We need three key changes:

1. Stop Banks from Creating Money

   Money should be created by governments, not private banks. That way, we can fund schools, hospitals, and green energy without drowning in debt.

2. Replace Interest with Fair Exchange

   Instead of charging interest (which makes the poor poorer), banks could share profits or lend without interest for essential needs like housing and small businesses.

3. Tax Speculation, Not Work

   A tiny tax on stock trades (just 0.1%) could replace income tax and VAT. Why tax workers when we can tax billionaires who gamble on the stock market?

What's Stopping Us?

The biggest obstacle is the banks and billionaires who profit from the current system. They lobby politicians, control the media, and make sure nothing changes. But history shows that when enough people demand reform, change happens.

What Can You Do?

• Educate yourself and others – Most people don't even know banks create money. Spread the word.
• Support ethical banks – Move your money to credit unions or public banks that don't exploit debt.
• Demand political action – Vote for leaders who challenge the banking system and support fair taxes on speculation.

A Better Future Is Possible

We don't have to accept a system where money rules over people. If we work together, we can create an economy where money serves us, not the other way around. The first step is realizing the problem. The next step is taking action.

Will you join the movement?

The Coming Financial Collapse

"It is closer than we think."

Warning Signs and How to Prepare

The Western financial system is showing dangerous cracks. While no one can predict exactly when a full collapse will happen, the warning signs are clear and growing worse. Here's what to watch for, and how to protect yourself when the system fails.

Signs the Financial System Is Failing

1. Bank Runs and Bail-Ins
   • When people lose trust in banks, they withdraw cash en masse (like with Silicon Valley Bank in 2023).
   • Governments may impose "bail-ins", stealing depositors' money to "save" failing banks (as happened in Cyprus, 2013).
2. Hyperinflation or Deflation
   • Hyperinflation: When money printing goes wild (like in Weimar Germany or Zimbabwe), prices skyrocket, and savings become worthless.
   • Deflation: Banks stop lending, businesses collapse, and unemployment soars (like the 1930s Depression).
3. Stock Market Crashes & Bond Meltdowns
   • Stocks and bonds are in a historic bubble. When they crash, pensions and 401(k)s will evaporate.
   • U.S. Treasury bonds (the "safest" asset) are losing value as faith in government debt collapses.
4. Currency Wars & De-Dollarization
   • Countries like China, Russia, and Saudi Arabia are dumping the U.S. dollar.
   • If the dollar loses reserve status, America's debt-based economy implodes.
5. Government Crackdowns on Cash & Crypto
   • CBDCs (Central Bank Digital Currencies) will replace cash, allowing total financial control.
   • They will freeze accounts, impose spending limits, and track every transaction.

How to Prepare Before It Happens

1. Get Your Money Out of Banks

• Hold physical cash (in small bills) in case ATMs shut down.
• Use credit unions or local banks (less likely to fail than mega-banks like JPMorgan).
• Buy gold & silver (real money that can't be printed away).

2. Protect Your Income & Assets

• Own hard assets: Land, farmland, tools, and anything useful in a crisis.
• Learn barter skills: Repair, medical, farming, things people will trade for.
• Diversify income: Side hustles that don't rely on the system (e.g., gardening, handyman work).

3. Prepare for Supply Chain Collapse

• Stockpile food, water filters, medicine (supermarkets have just 3 days of food).
• Grow your own food (even a small garden helps).
• Have backup power (solar panels, generators).

4. Expect Government Lies & Blame Games

• Politicians will blame "greedy corporations," "foreign enemies," or "conspiracy theorists."
• They will impose capital controls (limits on withdrawals, forced asset seizures).
• Solution: Stay under the radar. Don't trust mainstream media, seek independent news.

5. Build a Local Network

• In a collapse, community matters more than money.
• Trade skills, protect each other, and avoid dependence on the state.

What Happens After the Collapse?

• A new system will replace the old one, likely a CBDC dictatorship or a barter/parallel economy.
• Those prepared will survive; those dependent on the system will suffer.

The collapse is not a question of if, but when. The elites know it's coming, they're preparing (buying bunkers, farmland, and gold).

"This essay invites comments, additions, corrections and reposts."

By Nico Cost

4. Michael Hudson was interviewed by Liberation Daily from Shanghai

[Ed Note:  This is a short, concise, and accurate vision of the near future.  As Michael ends this interview, his assessment of the future in the US is a political dark age.   "The conflict is between social systems".  Another note of real value, is that Michael says there is no walk-back here.  The US cannot fix it because they are not prepared to take the actions required.  And then, as my Chinese friends say, they are not going to walk gently into that good night.   If one considers this concise material as well as the circus in the Gulf States now, the picture remains one of turbulence and not peace.  This is clearly the conflict of social systems and there is more to come on that.]

The video is linked in the text and with Chinese material, I cannot embed it.  Kindly click and the next page will have it.

Michael mentions that the viewership is huge.  Congratulations Michael!]

Shanghai Jiefang (Liberation) Daily, May 9, 2025

Michael Hudson was interviewed by Liberation Daily from Shanghai on May 9, 2025. The video and report appeared in Tencent News on May 14, 2025.

Title of report:

Liberation Daily interviewed Michael Hudson: The trade conflict has brought irreversible impacts, Trump is compromising himself

解放日报访迈克尔·赫德森：贸易冲突带来不可逆的影响，特朗普在自我妥协-腾讯新闻 https://view.inews.qq.com/k/20250514A01FVR00?web_channel=wap&openApp=false

1、如何看待中美贸易冲突的根源？你认为这是经济利益的冲突，还是更深层次的政治和意识形态的较量？

How do you view the root causes of the U.S.-China trade conflict? Do you believe it is primarily an economic dispute, or is it a deeper political and ideological confrontation?

Hudson:  It's much deeper than a trade conflict. It's a conflict between social systems. The United States is a neoliberal economy dominated by finance capital. Its political aim is to dismantle government regulation and privatize basic infrastructure, and to make financial centers (Wall Street) the economy's central planner. This planning is not in the economy's overall interests.

The problem is that this plan polarizes economies between creditors and debtors, and imposes austerity on labor and the rest of the population. So the United States cannot tolerate a successful alternative model. That's why the United States fought against the Soviet Union after 1917. It looks at China as an existential threat not because of foreign trade, but because it shows a much more successful economic model. And this success has made other countries orient their trade and investment around China instead of on the United States.

So the United States seeks to disrupt China's development. Trump is using his tariff threats against other countries as a lever to say that he will reduce tariffs if they agree not to trade with China. He is bound to fail, and that makes him hate China all the more.

2、你提到中国的经济发展模式与美国的资本主义制度有根本性的不同。在你看来，这种差异如何影响了中美之间的贸易关系？

You mentioned that China's economic development model is fundamentally different from the U.S. capitalist system. In your view, how has this difference influenced trade relations between the two countries?

Hudson: The United States has made a choice to permit the financial sector to make money for itself instead of using the financial system to serve the overall economy's economic growth and rise in living standards. This is what has forced it to outsource its industry to Asia. It has chosen to create a "market" that rewards making gains purely financially, not industrially.

The most important infrastructure in China's public domain is the Bank of China and its financial system that aims at increasing tangible capital investment to increase productivity and living standards to uplift its population. The U.S. financial system has found its major loan market in rent-seeking sectors. Banks have added to debt leverage bidding up prices for real estate (80% of bank loans), as well as stocks obtaining natural-resource rents and monopoly rents on credit.

The result is a rentier economy with an increasing the cost structure. In Marxian terms, financial revenue is the Sphere of Circulation, not the Sphere of Production. U.S. industry has to pay labor enough to carry housing costs up to 43% of income, debt service (apart from mortgages) another 10 or 15%, plus student education loans ($1.8 trillion), credit-card debt ($1.3 trillion) and privatized health care (18% of GDP). There is no way that employers can pay labor enough to meet these costs of living and be competitive in foreign markets.

3、中美贸易冲突中，美国采取了一系列关税措施。你认为这些措施能否真正解决美国的贸易逆差问题？还是会导致更广泛的经济后果？

In the trade conflict, the U.S. has implemented a series of tariff measures. Do you think these actions can truly resolve America's trade deficit, or will they lead to broader economic consequences?

Hudson: The aim of Trump's tariff measures is to create government revenue that will enable him to cut taxes on the wealthiest 10% of the population, mainly the Finance, Insurance and Real Estate (FIRE) sector. But the effect of these tariffs will be to stop much trade altogether.

If the trade deficit shrinks, this will have two effects. Most broadly, it will sharply increase inflation, by the degree to which tariffs are raised. That will squeeze labor's income, leading to defaults on mortgage debt and personal debt. That will lead to home foreclosures, loan defaults and much less personal income being available to spend on domestic products. Many small businesses will have to go out of business.

The tariffs also will cause breaks in the supply chain of many companies – for instance, auto companies that rely on particular parts that are imported, or pharmaceutical companies reliant on key chemical components. And also, the military arms and high-tech industries that need rare earth magnets and other key raw materials.

So the US economy will be forced into recession and perhaps a longer-term depression.

4、你曾指出，中国的经济制度避免了苏联式的微观管理，允许市场反馈和创新。在中美贸易冲突中，这种制度优势如何体现？

You have pointed out that China's economic system avoids Soviet-style micro-management and allows for market feedback and innovation. How does this institutional advantage manifest in the context of the U.S.-China trade conflict?

Hudson: China has sought to make its economy flexible – and also independent of reliance on U.S. attempts to monopolize information technology, military arms making and other products. U.S. companies seek a monopoly position, which minimizes competition in order to extract monopoly rents. China is still letting a hundred flowers bloom in order to see what succeeds best.

5、你认为中美贸易冲突对全球经济秩序有何影响？是否会加速全球多极化趋势？

What impact do you think the U.S.-China trade conflict has on the global economic order? Could it accelerate the trend toward global multipolarity?

Hudson: Trump's trade conflict insisting that the United States must be the winner in any agreement will change the whole world's trade relations, and do so IRREVERSIBLY. Trump's act cannot be taken back. The damage is done.

Trump is making the US-China trade conflict into a wedge to try to force European, Global South and other countries to choose EITHER to focus their future trade and investment on the U.S. market – which is shrinking as a result of Trump's trade war – or else to participate in the most rapidly expanding market in the world, that of China and its Asian associates along the Belt and Road Initiative.

The choice is whether to live in the short run and avoid U.S. trade disruption (and threats of political regime change), or to look at their long-term growth prospects.

But finance lives in the short run, and many heads of foreign governments owe their political positions to U.S. support. So their loyalty is to U.S. geopolitical aims, not to their own populations.

6、在你看来，中美贸易冲突中，哪一方更有可能采取妥协措施？这种妥协可能以何种形式出现？

In your opinion, which side is more likely to make compromises in the U.S.-China trade conflict? What form might such compromises take?

Hudson: China has announced that it is not going to compromise on its principled position. It doesn't have to, because it has many alternatives to ties with the United States (although there will of course be a short-term disruption).

But Trump already is compromising – with himself. It is as if he has been negotiating against himself since April 2, rolling back his threats to tax Canadian and Mexican auto parts 25%, and also reversing his tariffs on China's exports of I-Phones and other products that Trump's key political supporters need in order to keep their businesses profitable.

So the United States will find itself in a weakening position as Trump's hope to get other countries to join his anti-China coalition fail to gain support – especially his closest political allies and satellites in Europe, and even from Japan and other ASIEN countries.

7、中美贸易冲突对全球贸易格局有何影响？

How will the U.S.-China trade conflict impact on the global trade landscape?

Hudson: When the chaos dies down, the effect will be that the United States has isolated itself from the rest of the world instead of isolating China. And its trade barriers will cause price inflation and further polarize the U.S. economy, deepening U.S. de-industrialization and making it even more dependent on other countries that are not following the U.S. financialization ideology.

8、在中美贸易冲突中，你认为有哪些可能的解决方案可以实现双方的互利共赢？这些方案需要克服哪些障碍？

In the U.S.-China trade conflict, what possible solutions do you see for achieving mutually beneficial outcomes? What obstacles must be overcome to realize these solutions?

Hudson: The real question is, who do U.S. policy makers want to benefit? The United States is run by special interests, mainly in the financial sector and in monopolized sectors, not in the public interest. They are willing to see the economy shrink and living standards be squeezed even more, as long as they themselves get richer. That has been the economic trend steadily since 2008, and it will accelerate.

There is only one way for the United States to overcome this obstacle. That is to change its economic system. But economic systems don't change unless the population is able to empower a government that is strong enough to keep the financial sector from becoming a predatory exploiter of the economy at large. That would require either a new political party, or a revolution.

I don't see either of these things happening in the foreseeable future. The Republicans and Democrats have blocked the emergence of a third party by a complex maze of election restrictions. That's why even "progressive" Democrats realized that they have to work within the confines of their party controlled by Wall Street and military neocons. The Green Party behind Jill Stein was unable to even get a slot on the presidential ballot last November here in New York where I live.

I don't see a revolution. There is little left-wing movement in the United States. What is called "left" or "Marxist" is actually focused on identity politics of ethnicity (racial minorities) and LGBTQ, not the identity of being a wage-earner. And Trump's clamp down on universities whose students protest against economic injustice or genocide show the power of a new McCarthy period of police state and FBI censorship of the mass media, the press and the educational system.

The result is looking more like a political Dark Age than an alternative to U.S. economic polarization and shrinkage. So I see a slow crash, rising discontent but not a revolutionary situation.

5. Who owns the moon?

Some will say, "No one." Another will say, "Mine, because I planted my flag there." But this is not about the Moon. This is about the land beneath our feet. Is the land ours because we discovered it first? Is the land ours because we conquered it?

The extraordinary thing is that there were always previous owners. There is no land in the world that has not been claimed. But neither is there any land owned by an original owner. Every land has been conquered and belongs to someone. What then is "fair"?

Can a human being actually own a land? Do countries actually exist? Man creates things that do not exist in nature. We think we can own things. We define boundaries that exist only in our mental construct. But this is the case and we just have to live with it.

Nevertheless, I want to point out that in fact man cannot possess anything at all outside himself. The only thing that belongs to man is his body. His soul has that body on loan as long as it resides on Earth. It would be good if we take this as the starting point for our mental construction. But for that, man must first become more aware of life and his role in it.

Countries are also an invention. Understandable because humans must work together to survive. People gather and organize in groups. As time passes, groups emerge that speak the same language and are culturally connected. Such a homogeneous group forms a strong entity that can defend, but also conquer. Eventually, all land is pretty much divided.

A country flourishes when it speaks the same language and adheres to the same culture. A country is divided when it speaks multiple languages and has diverse cultures. Belgium with German, French and Dutch is an example. Then the owner has to control the different groups. Owners are generally very opposed when groups want to split off. Catalonia in Spain is an example of that.

But humans tend to belong to as small a group as possible. Are we aware of that? We are for our own soccer club. We are for our own family. We are for our own work. Only after all those things do the larger groups come into play. Only then are we for our country. Only then are we for the group to which our country is affiliated. We are for ourselves first. We are for our partner. Our parents and children. Close to us.

At the same time, man tends to protect and enrich himself. This requires expansion, pushing the borders further away and bringing in more wealth. Not realizing that it cannot work, because if you no longer know your neighbors no group can be formed. A group that is too large can never become homogeneous. Without homogeneity, a group cannot function. At least not in freedom.

We will have to overcome the fear of other groups. We will have to tolerate other groups. We will have to cooperate with other groups on an equal basis with benefits for all. The question is whether we can ever learn and do this. Because then we will have to let go of the land and not want to own the land. It may be a utopian thought. Or a naive wish.

Man buys a lottery ticket in order to win a large sum of money. That is his need; it is in almost all human beings. We will also have to grow beyond this. Not wanting to become rich. Even though all the people around you do want to become rich. You will not experience it in this life that the world changes substantially in this respect. The only thing that can happen is that you yourself go on a journey. That you let go of things and become freer. It's not an easy journey; you have to love traveling. Wild journeys.

Just dwelling on these things and thinking about them is part of the journey in awareness. Every step is one. Who does the Moon belong to? What is your group? How big is that group? Or are you actually alone?

By our own Nico Cost for GlobalSouth.co

6. What are the Tariff War and the Abolition of USAID? – Deceptions – a US Incurable Disease

Peter Koenig

Most everything we see is not what it appears to be.

President Trump's tariff war is like a huge TV screen to deviate people's attention from what happens behind the screen (see article on "US-China Tariff War", below). For example, did you know that the much-propagated dissolution of USAID – for so-called reasons of corruption and hundreds of billions spent for clandestine regime change preparations around the world – was actually not dissolved, but discretely transferred and integrated into the State Department – where it is safely invisible under Marco Rubio supervision (see Whitney Webb's analysis, below).

Thinking about it, wouldn't it be naïve to imagine that the US / Washington / Pentagon would voluntarily give up such an efficient apparatus like USAID that helped fund the Kiev Maidan Coup in February 2014 – the origin of the current Ukraine – Russia (US-proxy) war (a multi-multi-billion dollar money machine for the war industry on both sides of the Atlantic), and is funding thousands of so-called NGOs, infiltrating governments around the globe, as spy and regime change prep-agents. 

Never mind the death toll of hundreds of thousands, if not millions – of such wars and regime changes. They are just cannon-fodder for military profits.

Why would anyone believe the US government would just discard an efficient clandestine extended arm of the CIA, as was USAID? – Now, the same CIA tool will be more camouflaged, less visible, within the maze of the US State Department which is also funding The National Endowment for Democracy (NED), known for worldwide regime-change operations, and funding of creating new and existing terror groups in countries where the US seeks a reason to invade and "clean-up" the terrorists it created.  

The result, again, counted in human lives, is hundreds of thousands or more deaths – unimportant figures. What counts is the profit in US dollars. Humanity's conscience has long ago slipped into a deep, very deep sh*t hole.

The weapon manufacturers have heyday bonanza with Zionist-Israel's uncontested genocide against largely defenseless Gazan citizens – killing tens of thousands of children point blank, shot in the chest in the head; and women, potentially future mothers of new generations of Palestinians; are killed also en-masse, while the west just nods and hails Israel for her prowess. Ethics, morals, and conscience are gone – not even in the wind, but gone to evil-land.

US-funded terrorist groups are, for example, the origins of Al Qaeda, Hamas, Hezbollah, ISIS – and many, many more – mostly created in close "cooperation" with the UK (MI6) and the Israeli Mossad – and of course the US-CIA.

One of President Trump's closest ally, Elon Musk, found that hundreds of billions of dollars could be saved if USAID would disappear. Musk was given the newly invented Department of Government Efficiency (DOGE) to discover such aberrations. Of course he did. And he may discover many more of such wasteful agencies, discard them on the surface – on the public TV screen – just to continue them behind the screen, behind the opaque curtain, disguised in invisible clothing.

Tariff wars and such "aberrations" – useless spending – is what you can see on the "public television screen", keeps your attention fixed on sensation, while behind the screen, behind the curtain – wars are planned and funded and Peace efforts drowned, because they do not serve the profit greed of the killing industries.

The Tariff War is not a worldwide tariff war, but a "confrontation" sought with China, by the Trump Administration. China plays along. China never seeks and entertains confrontations. It is not in the Chinese DNA. China's policies and long-term visions are marked by the thousands of years-old DAO philosophy – Philo = love, Sophia = wisdom. Among other mantras it teaches: Never confront an adversary – submit yourself and play along with it – and in the end you will win.

The non-confrontation lesson, is what we should learn in the west. 

We – the world – would live in Peace, and we would all win.

See these two articles on "US-China Tariff War" and Witney Webb's "Analysis and Truth about USAID and the state Department".

————

The US-China Tariff War (13 May 2025) 

PressTV Interview on Tariff Negotiations in Geneva (Loose Transcript) 

https://www.globalresearch.ca/the-us-china-tariff-war-peter-koenig/5886721 

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Whitney Webb EXPOSES the Truth About Transferring USAID to the State Department (10 May 2025)

https://www.youtube.com/watch?v=lgVDWRvJmWg 

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Peter Koenig is a geopolitical analyst, regular author for Global Research, and a former Economist at the World Bank and the World Health Organization (WHO), where he worked for over 30 years around the world. He is the author of Implosion – An Economic Thriller about War, Environmental Destruction and Corporate Greed; and co-author of Cynthia McKinney's book "When China Sneezes: From the Coronavirus Lockdown to the Global Politico-Economic Crisis" (Clarity Press – November 1, 2020).

Peter is a Research Associate of the Centre for Research on Globalization (CRG). He is also a non-resident Senior Fellow of the Chongyang Institute of Renmin University, Beijing.