A New Cold War, Between the People’s Economy and Political Economy, A Weapon of Nuclear Sanctions’ Its Effect on the World Economy is Like Radiation

 

 

  A New Cold War, Between the People’s Economy and Political Economy, A Weapon of Nuclear Sanctions’ Its Effect on the World Economy is Like Radiation

Mujeeb Khan

President Xi Jinping and President Vladimir Putin 

Economic ties bring countries closer together. It is not a question of increasing the influence of one country in other countries, economic survival is equally important to all. Nord Stream 2 will not  increase Russia's influence in Europe, it will become the common economic interest of Russia and Europe

 

  This man, Vladimir Putin must be doing something good since the four presidents of the United States have imposed so many sanctions on him that no one in the history of the world has ever imposed such sanctions. President George W. Bush imposed sanctions on him, then-President Obama adds more sanctions on him, its diplomates were expelled from the United States. Then-President Trump broke the records of Bush and Obama by imposing more than a dozen new sanctions on him. President Trump also expelled his diplomats from the United States. Now, within 100 days of his presidency, President Joe Biden has imposed tougher new sanctions that will make it harder for him to survive politically. Now, what is the difference between interfering in the elections of a country and overthrowing the government by imposing strict sanctions on that country? These are the political sanctions of the United States on which the President has his stamps.

  The US foreign policy establishment considered Boris Yeltsin to be the most popular president in post-communist Russia. Who was always drunk, he was the first democratic president of Russia, under Boris Yeltsin Russia was in such a bad political and economic shape that Russia would probably not be in such a bad shape after World War II, during the reign of Boris Yeltsin, Russia was in a state of extreme lawlessness and chaos, looting Russia’s national assets, the government did not have the money to pay the salaries of government employees and its arms forces? The separatist civil war in many Russian caucuses had taken a terrible turn, bombs were exploding in Moscow. The foreign policy establishment in the United States believed Russia would no longer be in the club of world powers. Under these circumstances, Vladimir Putin entered Russian politics, President Putin quickly overcomes the situation in Russia. Terrorism was over in caucuses. Chechnya, which was devastated by the civil war, was rebuilt, economic activities were restored in Chechnya, now Chechens are living in peace. President Putin brought economic stability to Russia. The oil and gas industry developed tremendously. Cold War debts to Russia were paid off. $80 billion was returned to Germany. President Putin did so in the first few years of his rule, Russia’s economy was on par with the United States and Europe. Russia’s foreign reserves would be $700 billion, Russia became a major trading partner of Germany. Russia was granted membership of the Group of Seven. Russia’s fastest-growing economy has been put on hold by economic sanctions.

  The US economy has been hit hard by the irresponsible wars, and now the economies of other countries, especially China and Russia, are being hurt by economic sanctions. Economic sanctions are a kind of nuclear weapon, it is used against few countries but almost every country in the world affects its radiation. US economic sanctions on China and Russia are in its foreign and defense interest. They have nothing to do with the interests of 180 countries of the world. The United States has imposed economic sanctions on Iran only in the interests of Israel and Saudi Arabia. Israel has its own interests and has used Saudi Arabia and the United States. The United States imposes sanctions on countries, companies,  banks, that do dealing with Iran or any country which is under US sanctions. On the other hand, voices are being raised against this influence of the United States on the world economic system, and there are demands for an economic system in which their economic interests are also protected.

  The main reason behind the US tensions with China and Russia is that they are trying to replace the 70-year-old system with a new world order in which trade can take place in more than one currency. This view is also being agreed upon in the European Union. The world 70 years ago was the world of developed industrialized countries, in which the natural resources of poor countries were plundered and exploited. Their raw materials were not given a fair price, developing countries at the time called it an unfair trade. China was one of the developing countries. The globalized world of the 21^st century has overtaken this exploitative world and today the United States and other developed industrial countries are pushing for fair trade with China.

  It is a matter of thinking, a closer look at the world map reveals that China’s trade and economic policies are not about plundering, these are  bilateral  economic development policies ‘our economic growth is your economic prosperity.’ The results of China’s fair trade in America's unjust wars for 40 years seem unfair to the United States.