As G8,7,6 declines Putin and Xi build alternative global economy


Putin and Xi (Picture: RT)

 

While Germany’ Merkel and France’s Macron lecture the world on politically correct globalism and  President Trump turns his back on Obamaesque arse kissing and lectures former foreign partners of the US on common sense, ahead of a G-7 (or rather, G-6+1 and soon to be 5 + 2 as Italy’s Eurosceptic government sides with Trump,) summit in Quebec, exposing the very real fragmentation of the western liberal consensus continues.

If the US, isolated by the other, quits G7 (as Trump, based on his track record, well might,) that will leave Germany, Japan, UK, France, Italy and Canada. All of these have their own problems which eventually must override the airy – fairy ideas of academics about global approaches to problems. Global approaches may justify lost of expensive jollies for politicians and academics and look great on paper but seldom have any effect on local problems.

Trump’s controversial imposition of import tariffs signals a US crackdown on unfair foreign trade practices, such as dumping cheap, shoddy goods from low labour cost areas in western markets at prices with which domestic manufacturers cannot hope to compete. Meanwhile, almost unreported by mainstream media (link goes to Bloomberg, I picked it up from a financial services news feed that I should not be accessing without a subscription, but hey, ‘fair use’)  an important meeting between China’s leader Xi Jinping and Russian President Vladimir Putin is of far greater significance than the posturings of the G6 minnows, as, like bad tempered lap dogs, they yap at Trump.

Putin and Xi held their first meeting this year on Thursday ahead of the June 9 Shanghai Cooperation Organization meeting – an eight-member group led by China and Russia – which will be held in the port city of Qingdao. The two governments are in constant touch however. China and Russia are of course leading the move to replace the Petrodollar as the global reserve currency and are playing an increasingly pivotal role in international crises such as Syria and the South China Sea.

Macron Tells Trump:New World Order Starts Here

macron20trudeauMacron and Trudeau – the Canadian leader is taller but more stupid looking
Picture: Zero Hedge

Standing side by side with the other Globalist puppet world leader, Canada’s PC PM Justin bin Trudeau in Ottawa, French Grand-mère baiseur Emmanuel Macron said that he is ready to work with the six other Group of Seven members if U.S. wants to stand alone.

Responding to reports that US President Donal Trump does not care if he is isolated among the group from which Vladimir Putin is already excluded for not following the policies laid down by The Bilderberg Group, Macron commented: “You say President Trump doesn’t care. Maybe. But none of us are eternal and our countries, the commitments taken, go beyond us. None of us who have been elected by the people can say ‘all prior commitments disappear.’ It’s just not true, there is a continuity in state affairs at the heart of international laws. Sometimes we’ve inherited some commitments that weren’t core to our beliefs, but we stuck to them, because that is how it works for nations. And that will be the case for the United States – like for every great democracy”, Macron is reported by Bloomberg to have said.

Macron said he cannot rule out a G-6+1 situation at the upcoming G-7 meeting: “Maybe the U.S. President doesn’t care to be isolated but we don’t care being with the six together,” Macron says, adding they represent the values of a “global force” and an economic market.  Macron, a former Goldman Sachs office boy clearly fancies taking the mantle of globalist in chief from Barack Obama. Like Obama, his achievements now in power are falling way short of promises made when he was campaigning.

The French president then emulated another Obama trick by making a thinly veiled threat that he cannot possible carry out: “the combination of the six markets of the G-7 group is bigger than the U.S. market” and cautioned Trump that “there is no global hegemony if we can organize” adding he will “fight against hegemony”

Russia, China, Iran, India and Brazil may be fighting against US hegemony but the EU is dependent on the US for security and far more vulnerable in a trade war than the US. And Trump is not a man to be intimidated by threats.

In the run up to what looks like being the most confrontational and acrimonious G-7 meeting since the series began in 1975), it is being reported that Germany chancellor Angela Merkel  was already laying down plans for the Toronto showdown among the world’s top political leaders, vowing to challenge Donald Trump on virtually every issue, from trade to climate, and warning that the lack of room for compromise means leaders may fail to agree on a final statement, an unprecedented event at a summit of the world’s 7 most advanced nations.

Addressing German lawmakers on Wednesday, two days before the G-7 summit is due to begin in Toronto Canada, Merkel said that Trump’s “America First” doctrine shows that “we have a serious problem with multilateral agreements.” She added that failure to find common ground could lead to the highly unusual step of host Canada issuing a concluding statement not agreed by all participants, according to Bloomberg. We the punters should not be unduly worried about this, ‘common ground’ at these jollies is usually a meaningless and mealy mouthed compromise which commits everybody to doing absolutely nothing except hammer us for more taxes.

 

“Watershed Moment” In US – EU Relations, Merkel Says Europe Can No Longer Rely On America

Only hours after Donald Trump infuriated Angela Merkel and the rest of his G-7 peers by refusing to endorse the Paris climate treaty, the US President has done it again. Hausfrau Volksfuhrer Merkel has now decided Europe can no longer rely on the USA to commit military support to EU nations that do not pay their NATO subs, should they come under attack.

(Better make nice with Mr. Putin then, Angie baby.)

Speaking at an election rally in Munich, Merkel said that Europe must take its fate into its own hands” or as the AFP put it, “Merkel warns US, Britain no longer reliable partners.”

With the western alliance divided by Brexit and Donald Trump’s presidency and isolationist policies, Merkel said “die zeiten, in denen wir uns auf andere völlig verlassen konnten, sind ein Stück vorbei”, or loosely translated “the times in which we could completely depend on others are on the way out” and added that “I’ve experienced that in the last few days.”

 

Merkel then said, rather pointlessly, that while Germany and Europe would work towards maintaining good relations, EU member states would have to fight for their own destiny.” She also said that special emphasis was needed on warm relations between Berlin and newly-elected French President Emmanuel Macron. Well if Merkie and Maccie are planning on reviving the Franco – German alliance, seeing as neither can muster a decent platoon let alone an army, it looks as if Britain will soon be the centre of Europe.

Merkel’s comments on defence came after Trump said during the G-7 meeting he needed more time to decide if the US would continue backing the Paris climate deal, which infuriated the globalist consensus in European.   A subseqent report by Axios, reveals Trump privately told multiple people, including EPA Administrator Scott Pruitt, that “he plans to leave the Paris agreement on climate change” which if it happens will bury any chance of reconciliation with European allies during the Trump presidency.

The German chancellor said  that “the whole discussion about climate has been difficult, or rather very unsatisfactory… here we have the situation that six members, or even seven if you want to add the EU, stand against one”.ent.

During his trip, Trump repeated criticism of NATO allies for failing to meet the defensive alliance’s military spending commitment of two percent of GDP.

Observers noted that he neglected to publicly endorse the pact’s Article Five, which guarantees that member countries will aid the others they are attacked. The omission was especially striking as he unveiled a memorial to the September 11, 2001 terrorist attacks against the US, the only time the mutual defense clause has been triggered.

On Friday, Trump also described German trade practices as “bad, very bad,” in Brussels talks last week, complaining that Europe’s largest economy sells too many cars to the US. Presumably the president was referring to Germany’s protectionism by stealth, using its economic domination of the Eurozone to keep export prices low while manipulation environmental regulations to ensure American cars are uncompetitive in Europe. In view of American protectionism this looks like a case of the pot calling the kettle black.

In short, it seems that the time for a New-er World Order may be at hand, and the globalist elites are not too happy because it is not the borderless, corporate friendly, people hostile New World Order they planned and have been working towards.

 
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