The documentary “Princes of the Yen” that aired on ABS-CBN News Channel (ANC) last night tried to explain how powerful, moneyed cartels behind international banks that include the Int’l Monetary Fund, World Bank, European (Union) Central Bank and U.S. Federal Reserve manipulated and coerced less powerful nations into economic and political submission. These private groups are so powerful that they have tremendous influence on western powers (European and U.S. gov’ts) which in turn support them with economic, political and military might.
When the U.S. says, “you’re our ally so we will back you up” – it only means that they’re going to go as far as protecting their self-interests but beyond that, you’re on your own. Or in other words, “so long as it serves America’s interests, you can count on us”.
In 1992, Singapore’s PM Lee Kuan Yew said, “The Americans are great missionaries. They have an irrepressible urge to convert others.” Americans have the irrepressible urge to convert others because promoting and protecting their interests require that others are in their sphere of influence.
The U.S. isn’t taking on a resurgent powerhouse China because it is bullying its Asian neighbors, it is taking on China because the U.S. doesn’t want any competition in the region.