Russia news - loans & war

Carrol Cox cbcox at
Wed Mar 31 12:04:11 PST 1999

Dennis R Redmond wrote:

> Well, the kicker is that they owe most of their loans to EU banks.

Dennis, as long as you remain in that stifling little playpen known as technical economics, your fondling of the EU as superpower is merely harmless nonsense. But when you step into the real world you have to recognize that the only way any state has obtained hegemony within the capitlist system is through major military action.

I will take your maunderings on this point seriously when you show how the EU is taking preliminary steps to mount a military challenge to the u.s., probably by contesting the U.S. for political dominance in one or more latin american nations.

It is a damn strange way to contest military dominance -- inviting, even demanding, that the enemy station his troops both in your living room and your backyard.


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