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Global Events Magazine
Jul 24, 2008
Edited by W. Joseph Stroupe with the mission of explaining world events correctly via strategic analysis & forecasting
ANNOUNCEMENT: The Magazine's editor is currently working on a NEW BOOK that will be made available FREE to all current subscribers
The working title and subtitle are:

THE WEST AWAKENS THUNDERSTRUCK UNDER THE
ASYMMETRICAL NEW WORLD ORDER OF ITS RIVALS

HOW THE SWELLING DEPENDENCY OF THE WEST UPON VITAL FOREIGN MARKETS AND CRUCIAL FOREIGN ENERGY & CAPITAL RESERVES
PAVED THE WAY FOR THE EMERGENCE OF A LOPSIDED NEW WORLD ORDER IN WHICH ITS RIVALS ARE STRATEGICALLY ASCENDANT

This new book will trace all the important aspects of the phenomenon of the presently emerging asymmetrical new world order from its conception, to its birth, to its unavoidable impending first global test and grave crisis. All the significant developments, past, present and near-future, and their profound implications for governments, economies, markets, institutions and individuals in both West and East, and for the global order itself, are presented and analyzed. Important concepts and trends are fully illustrated in a number of new full-color graphical charts and posters. This important, powerful new book, loaded with brand new content, is a follow-up to the author's profoundly accurate and visionary book of 2006, RUSSIAN RUBICON: IMPENDING CHECKMATE OF THE WEST, and is targeted for completion late this winter.
Look for a New Content on our Breaking News page - PDF+ Analysis
Part I
Is the Russian Military Still Merely a Joke? What are the Facts and the Genuine Risks for the West?
3,166 words
How the West is over-confident and risks both a monumental miscalculation of Russia's genuine power and yet another colossal over-reach.
Part II
China's Meteoric Economic & Military Rise - What Implications for US-Led Unipolarity?
759 words
An examination of the phenomenon and implications of China's mounting global, not merely regional, military & economic power.
Part III
What is the Real Level of US/NATO Military Strength?
1,237 words
Supposed Russian military weaknesses are often loudly trumpeted by the media, but what are the facts regarding crucial US/NATO weaknesses?
Part IV
The Unconventional Rise of the Atypical SCO/Supra-SCO Bloc of the East
5,134 words
How and why the West has mostly failed to recognize the nearly completed emergence of a rival geopolitical bloc of untold potency and menace.
Part V
The Self-Inflicted Retrenchment of Western Financial/Economic Power - Where Do We Go From Here?
5,068 words
Why and how the emergence of the liquidity crisis signals the final, massive reordering of the global economic/geopolitical landscape.
Part VI
The Impending West-East Scenario of Confrontation - Why It Is Now Virtually Inevitable. The Winners and the Losers
2,293 words
An examination of the unfolding political/economic/military strategies of both West and East and why immensely costly confrontation is inevitable.
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GEOPOLITICS - Insights on The shape of the emerging world order
Chronological Index of Recent Articles
Unipolarity on Life-Support - Readying Its Epitaph
Platinum
 

At present, across the globe the gravely ill condition of US-led unipolarity (US global hegemony) is widely recognized, both by experts and by laymen. While there remains debate about precisely what sort of global order is now replacing US-led unipolarity and what kind of leverage a strategically weakened US can exercise in the emerging world order, almost no one goes out on a limb these days to make a case that the global hegemony the US used to exercise post-1991, nor anything like it, will be revived anytime soon.

The present widespread acknowledgment of the grave condition of US global hegemony contrasts dramatically with the pervasive uncertainty, and even disbelief of only 7 months ago when I laid out the compelling case (Epitaph to Unipolarity) for the imminent collapse of unipolarity and of US global hegemony itself. Back then, only 7 months ago, the global consensus was that unipolarity, though in some significant trouble, was only very remotely at risk of any imminent predicament or failure. Challengers to unipolarity and to the US global hegemony were seen as still-small by comparison and inadequately organized to constitute any genuine test of US global dominance.

However, since then imperative developments regarding the profoundly worsening US quagmire in Iraq, the rapidly mounting global leverage and the increasingly potent assertiveness on the part of Russia, China and their global partners aimed squarely against unipolarity, the accelerating demise of the US position as the global economic center, as well as a number of other key developments, have placed unipolarity virtually on life-support, as it were. That spectacular reversal, and the recognition of the fundamental demise of unipolarity's immediate and strategic fortunes occurring across a span of a mere 7 months, illustrates both how fast global developments are now unfolding and how vital is analysis that isn't deceived by mere surface appearances, but looks below the surface. May 15, 2007

Geopolitical Graveyard
The "Heretics" are Set to Win the Debate about the Real Shape of the Geopolitical World
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In the ancient debate over the real shape of the world, the handful of dissenters ("heretics") who argued the world was round were eventually and surprisingly proven right. The intuitive dissenters, who based their conclusions on how the earth actually behaved rather than on how everyone else thought it looked, had far more insight than the grandiloquent orthodoxy perpetuating the jargon of a flat earth. Despite appearances, it wasn't flat at all. Is the geopolitical world virtually a 'flat plane' without genuine obstruction to US-led single-polarity? Or is it 'round', curving outside the hemisphere of supposed 'single-polarity' centered in the West to reveal a second, counteracting pole of truly consequential potency and cohesion centered in the hemisphere of the East, a pole that is even now reconsolidating from there? March 3, 2007
Russia, China & India the Focus of the Rising Pole of the East: But Its Elemental Nucleus is Russian
Platinum
 

The Russian president's recent visit to India resulted in the concluding of a wide range of economic, energy and military agreements between the two key powers, which are clearly moving much closer to each other. That development is giving pause to those who have wrongly assumed that India was genuinely moving into geopolitical alignment with the US - and it should give them pause. India isn't genuinely aligning with the US in a geopolitical sense, but only leveraging its relations with Washington to acquire crucial advanced technologies to further fuel its rise. A strategic Russia-China-India triad is progressively emerging on the world stage. What is the proof for this assertion? What would be its potency and leverage across the globe? How could impending US policies and actions regarding Iran and North Korea quickly advance the triad to full completion and emergence, with what implications? Why can it be rightfully said that its elemental nucleus is Russian, and what are the implications of that fact for US-led unipolarity? January 27, 2007

The Rising Pole of the East: Identity, Composition and Potency
Platinum
 

No one doubts the existence of a number of new rising powers (or "poles") in the East, or that the two primary poles are identified as Russia and China with India rapidly rising as a third pole of mounting importance, or that the rising economies and markets in the East are increasingly attracting the main attention and the tangible interest and respect of the rest of the world. Few would argue that the US and the wider West have little to worry about as a consequence of the unrelenting rise of the new poles in the East. Notably, their dramatic rise is a phenomenon that has been judged as carrying real meaning only in the last three years or so, demonstrating how quickly the geopolitical landscape can change - is changing. These matters are not debatable. But significant uncertainties still plague the minds of many observers when it comes to a discussion of whether the Russia-China axis will continue to hold together and whether it will further tighten its cohesiveness, whether India will align with Russia-China to form a strategic triad, whether the lesser poles in the East, along with the bulk of the energy-exporting states (poles) around the globe and even key EU states (poles) might be ever more cohesively aligning with Russia-China and whether a tangible arrangement of some kind that encompasses all of them might be coming together, and whether any such arrangement would pose a real challenge to US global dominance anytime soon. These are the key questions that demand sound answers. November 27, 2006

 

Rising Fears of an Unfinished Cold War Victory
Platinum
The Cold War is Dead!” read the newspaper headlines of 1991, and ever since, confidence has been absolute the victory was a complete one – until now. Russian President Vladimir Putin’s recent Cold War Esq. speech in Munich and the sharply deteriorating state of US-Russia relations are prompting rising fears...February 28, 2007
The Neo Cold War Emerging from the Shadows
Platinum
Vladimir Putin seemingly held nothing back in his now-famous Munich speech as he roundly condemned US-led unipolarity and arrogant, aggressive and dangerous US foreign policy. Whether Mr. Putin’s cold war-style criticism of the US signals the emergence of a new cold war depends upon your definition of the term “cold war”...February 28, 2007
Emergence of a Neo Cold War the West Can't Win?
Platinum
In-Depth, Powerful Analysis Forecasting the Impending Emergence of the Neo Cold War and How that Emergence will Signal a Strategic Defeat for the West. Unipolarity is under stealth attack from the rising East and their key global partners who increasingly sit in irrevocable control of global strategic resources 1, 2006
 
"Multipolarity" the Misnomer for the World Order
Platinum
In the insidious and perceptible rebalancing of global power, moving from inordinate concentration in one pole (the US) to distribution among rival poles (Russia, China and others) we are witnessing the progressive arising of a new world order. However, what will its true configuration turn out to be?...November 27, 2006
Where Does India Fit into the Global Order?
Platinum

While the new US-India nuclear deal will indeed facilitate a greatly increased flow of high-tech transfers from the US to India if it ever fully comes to fruition, it most certainly does not signify India's becoming a true strategic partner of the US. Why not? Where does India fit into the global order? December 20, 2006

Where Are We in the Stream of Time?

We are unqualified subjugates of time, which flows relentlessly onward, utterly insensitive to our individual or collective interests and goals, our protests and laments. We cannot wrestle free of its grip. From the panorama we’ve observed since 9/11, what do we learn about where we are and where we are going and how soon we’ll get there? December 23, 2005

GLOBAL ENERGY DEVELOPMENTS
Russia's Compelling Leadership Shaping Unfolding Global Energy Developments
PART I – STRUCTURE AND POTENCY OF THE EMERGING, UNDECLARED GLOBAL ENERGY GROUPING
Platinum
 
A New Global Gas Cartel?

Russia (officially listed as holder of 27%, but soon to be upgraded to holder of 35% of the world's proven gas reserves) and Iran hold more than 51% of the world's natural gas reserves. When Algeria, Qatar, and Indonesia, the world's leaders in the export of liquefied natural gas (LNG), and the rest of the 16-member group comprising the Gas Exporting Countries Forum (GECF) are added into consideration, then the grouping accounts for more than three-fourths of the world's reserves and at least 60% of world production.

That is a profoundly disturbing set of facts for the West - the 5-member group of dominant gas exporters/reserve holders in the world (Russia, Iran, Qatar, Algeria and Indonesia), most of whom share a deepening political affinity and a similar geopolitical alignment amongst themselves, and who are increasingly intolerant of what they see as excessive US global power and aggressiveness, control the vast bulk of the GECF total, amounting to nearly 70% of the world's reserves and the bulk of the world's current production. Evidence strongly indicates they are already in process of moving largely in stealth to exert their mounting control in a collective, yet largely undeclared and informal, fashion. April 19, 2007

PART II - WHY THE FULL EMERGENCE OF A NEW GLOBAL ENERGY GROUPING IS ASSURED
Platinum
 
Increasingly Forceful Political Motivations Driving the Emergence of a New Global Energy Grouping. When recently asked about Iran's proposal to Russia to create a global gas cartel, a number of top Russian leaders and experts commented that the proposal appeared rooted more in politics than in economics - in particular, the politics of opposition to the US and of counteracting its growing global aggressiveness. In the next section the reader will see the powerful economic considerations that are driving the emergence of a new symmetrical global confederation of gas and oil, but the political motivations are profoundly potent as well. How so? April 19, 2007
The Energy Ploy in the East
Platinum
 

On December 16, 2006 China hosted its first major consumer-nations energy summit, with ministers from the United States, India, Japan and South Korea in attendance. It was billed as a rare move by China to take a leadership role on global energy issues. On the sidelines of the summit China signed a huge deal with US corporation Westinghouse for the construction of four advanced nuclear reactors.

What is the real significance and meaning of such developments? Is China moving toward the US and away from Russia? Is India? Or do such developments represent a clever public relations ploy designed to alleviate fears in the West with respect to the pursuit of an energy strategy in the East that poses an ever more grave threat to the viability of the current liberal US-led global energy order? December 24, 2006

Russia Spins a Global Energy Spider Web
 

The vast bulk of the world's oil, gas and strategic minerals resources is either coming under, or is already under the control of authoritarian, or less-than-democratic, or leftist, or otherwise radical regimes either with a decidedly anti-western political stance and ideology or pointedly decreased sensitivities to strategic US interests. In virtually all cases the interests of the West and of its multinational oil companies and big Western financial institutions are being minimized and/or pushed out as the global trend of nationalization, by one means or another, of the oil and gas sectors picks up speed. That is occurring in Russia, which has now surpassed Saudi Arabia as the world's largest exporter of oil, in Central Asia, the Middle East and in Latin America. Within virtually all such regimes the lines of separation between the top levels of political leadership and the directorship of key corporations and industries are not only blurred, but are being obliterated. The multinational oil companies of the West are being marginalized as a direct result, with profound strategic implications. August 23, 2006

Russia Finds the Achilles' Heel of the West
Platinum
 

Russia has found the Achilles Heel of the US Colossus. In concert with its global oil-producing partners and the rising powerhouse economies of the East, Russia is altering the foundations of the current US-led liberal global oil market order, insidiously working to undermine its US-centric nature and slanting it toward serving first and foremost the energy security needs and the geopolitical aspirations of the rising East, all at the impending incalculable expense of the West. What is increasingly at stake is secure US access to global energy resources - strategic US energy security - because the West's traditional control respecting those global resources is seriously faltering in the face of the compelling strategies undertaken by Russia and its global partners. The US Giant is increasingly at risk as it faces what is gradually but now more widely being recognized as Russia's clever, skillful and insidious exploitation of US foreign energy dependency and the hemorrhaging of its all-important economic-geopolitical capital: its traditional global energy leadership and dominance via its one-time virtually all-pervasive oil majors. October 10, 2006

 
"Russia Won't Act Like an Energy Superpower"?
Platinum

Part I: At the third annual meeting known as the Valdai Club, on September 9, 2006 Russian President Vladimir Putin has acknowledged Russia's mounting global energy leverage, but he has also delivered an ostensibly reassuring promise that Russia won't use its rapidly expanding global energy leverage to dominate others like "a superpower". September 15, 2006

"We're Not Behaving Like an Energy Superpower"?
Platinum
Part II: At the Valdai Club meeting President Putin exclaimed, "We're not behaving like an energy superpower". Is that a true statement? In a strictly confined context it is a true statement, but in a much larger and more meaningful context it is entirely a false statement. How so? September 15, 2006
The Great Game's Stakes Won't Let Russia 'Play Nice'
Platinum
Part III: East and West are irreversibly locked in a monumental struggle for control of the globe's coveted strategic resources. Both sides recognize the stakes are colossal but neither side likes to explicitly admit this struggle will define which side achieves global ascendancy and which side faces an energy-based economic checkmate. Sept. 15, 2006
 
Long-Term Supply Contracts: Thorny Crown for the West
Platinum
Part IV: President Putin complained at the Valdai Club meeting that consuming nations in the West too strongly focus on their own energy interests and security while simultaneously slighting that of producers. He said that "customers should not be able to turn around and say 'We don't need it now'." September 15, 2006
Russia and China are 'Cooking Something Up'
Platinum

Part V: Mr. Putin was asked about Russia-China relations and the mounting regional/global clout of the SCO (Shanghai Cooperation Organization). He quickly denied that the two strategic partners are involved in 'cooking anything up between themselves' aimed at undermining the power of the West. The facts prove otherwise. September 15, 2006

Russia Creating New Global Energy Order
Platinum

India will source significantly more oil and gas from Russia, and that India supports Russia's leadership in the creation of a new "multi-polar" energy order aimed at "balancing the energy access in the globe". What kind of new global energy order is Russia creating and what threat does it pose to the current US-led liberal energy order...December 3, 2006

the US & GLOBAL ECONOMIES
The US Economy: A Soft or A Hard Landing?
 

The surface ebb and flow of mixed signals on the direction and health of the US economy have all too many observers and analysts in a quandary as to where the economy is actually heading. However, the steadfast and cohesive undertow of factors and forces, both domestic and foreign, that genuinely drives the direction of the US economy, is both unchanged in its direction and easily identifiable.

That undertow will permit no fundamental course change away from the eventuality of a hard landing for the US. In fact, that steadfast undertow is even gaining momentum as domestic and foreign developments continue to progressively swarm against the foundations of the US economy and the US dollar. December 22, 2006

The New Geopolitical Implications of the Impending US Economic Downturn
 

The hitherto unquestioned global economic leader, the US, has endured a number of economic downturns and full-blown recessions over the past several decades, few if any of which have carried serious negative geopolitical implications for the US. The rest of the world has endured the repercussions of such US economic setbacks and historically has confidently continued to look within the framework of the US-centric global economic order for solutions and a path forward.

That is already changing, threatening the relevance of the old US-dominated global economic order. Find out how. June 15, 2006

Nearing the Gut-Wrenching Hard Landing for Economies Excessively Reliant Upon the "New Economy" Model
Platinum
 
Ongoing releases of economic data bespeak mounting trouble ahead for an economy that has become inordinately dependent upon, and chronically addicted to, foreign cash inflows, negative real interest rates and perpetually-expanding real estate and other asset bubbles. As background, over the last decade the U.S. economy has rapidly converted from a traditional, income-generating machine to a so-called “New Economy” asset-inflating one. An income-generating machine derives wealth from the production and sale of goods and services, while an asset-inflating one derives wealth from accelerated asset appreciation, or targeted inflation. The real problem with the asset-based model is obviously that when you exhaust all assets (and you will do so in a relatively short period of time), meaning there are no more assets to inflate because the intentionally-created asset bubbles have all burst (as the NASDAQ did in 2000, after which attention was focused on stocks and real estate bubble creation), then you have the potentially severe problem of making a quick and orderly transition back to the income-based model. The US economy can't do that without potentially grave repercussions. May 17, 2005
 
Official CPI Measure of Inflation Untrustworthy?
Platinum

At this critical juncture where the Fed is faced simultaneously with mounting inflation and slowing growth the trustworthiness of the official CPI measure of inflation has become a major issue. One of the Fed's own has spoken up publicly about the trustworthiness of the official CPI. June 16, 2006

Basis for Criticism of the CPI Calculation
Platinum
In response to the criticisms of politically powerful opponents who had a vested interest in a low officially reported and accepted rate for inflation, the formerly straightforward CPI calculation has been evolved into something much more complex that artificially moderates the effects of higher prices. Are the resulting numbers an intentional deception? June 22, 2006
The Dollar Endgame Nears
Platinum

The signs of apparent health in the US economy merely mask much deeper, worsening chronic health problems for the dollar. The Fed, and the entire US economy itself, have now moved into the advanced stages of a catch-22 situation in which interest rates play the role of the lever which is labeled, “CAUTION: SELF DESTRUCT”. January 9, 2006

ongoing CRISES WITH GLOBAL implications
Sunni Arab Backing for Bush's Iraq Plan Lays Groundwork for US Strike on Iran
 

The US and Britain will almost assuredly launch a massive air campaign against Iran and possibly Syria this year, most likely in the spring.

What solid evidence exists to support this conclusion? How are the oil-rich Sunni Arab regimes already backing, and laying the crucial groundwork for, a US strike on Iran? Can the goals of the Bush strategy, to "bring a new balance of power to the region", succeed?

If such goals are distinctly unlikely to succeed, what are the irrefutable reasons for impending US failure? How is the Bush strategy likely to backfire, and to whose profound geopolitical benefit? January 19, 2007

Bush's "New Way Forward" Strategy Sets Region on Fast-Track to Turmoil and Chaos
 

The newly-assertive US/British strategies in the Middle East, intended to bring unity and stabilization to Iraq and a new balance of power to the region, and thereby greater stability there as well, amount to a massive miscalculation that will exact incalculable costs, mostly from the US and the wider West.

However, if it fails in its regional mission, as it is almost guaranteed to do early on, the Bush administration is fully preparing to spread the destructive consequences to Iran-Syria and their proxies in order that the "axis of evil" may not capitalize on US failure in the region. The endgame has arrived. How are Russia and China positioned to profoundly capitalize on impending self-inflicted US misfortunes? January 14, 2007

The Endgame Arrives in the Middle East
 

2003 was the year that marked the implementation of bold and reckless strategies aimed at handing the US and Britain virtual ownership of the crucial Middle East region and far beyond, but 2006 was the year all the negative repercussions of their failed policies finally converged, obliging the two reckless powers to stare into the yawning chasm of a regional forfeiture. Now, 2007 is the year that marks the full-blown arrival of the endgame in the Middle East, when the US, Britain and Israel attempt to somehow pull a "win" from the mauling flames of region-wide failure. Their desperate policy of "one last push" to achieve that win is already shoving all the region's fractious players into a similar endgame stance, powerfully accelerating the region's descent into instability and upheaval as all its players get set into an endgame posture to make their final moves to prevent a loss of their respective goals and interests, each one attempting to win the game against its opponent(s) before time and opportunity quickly run out. January 1, 2007

 
“Evil Axis” Member Iran: The Latest Nexus of “East”-West Rivalry
Platinum

Why does the title of this analysis imply the return to a bipolar cold war style “East”-West rivalry? As the new "multi-polar" world order keeps pounding its fist ever more loudly on the door, why should we expect a global realignment into two de facto camps, “East” and West, again? And where does Iran fit into the picture described above of a global move toward equilibrium? January 13, 2006

Iran, the US and the 'Satanic Verses'
Platinum
Both of the two main parties in the US-Iran crisis are letting religious ideology unduly affect its policies and actions. The frightening fact is that no matter how relevant (or irrelevant) the reader might imagine religious ideology is in the current crisis, such ideology has in fact become so deeply intertwined with the politics and policies of both sides as to be inseparable from it. April 30, 2006
Iran, US: On the Road to War with No Way Out?
Platinum
This article examines the regional and geo-strategic calculations of the two rivals to determine whether a confrontation is inevitable or not. Unless the fundamental ideology of at least one side in the crisis radically moderates, something which definitely appears to have virtually no chance of occurring, then a confrontation with colossal repercussions is inevitable. May 10, 2006
 
No New Direction for US Foreign Policy
Platinum
The undertow of global forces will permit no fundamental course change away from the previous six years characterized by neo-conservative ascendancy in US foreign policy. In fact, that steadfast undertow is even gaining momentum as the neo-conservatives embark on an ardent, last-ditch stab at snatching success from the jaws of failure in a widening array of foreign policy crises. December 6, 2006
What is the Bush Strategy in Iraq and the Region?
Platinum

The Washington Post's Robin Wright reports that the Bush administration may be moving to abandon efforts to engage Iraq's Sunnis in favor of throwing its full support behind the majority Shiite faction. However, the report is ludicrous on its face and, despite getting wide publicity today, is yet another example of the media bungling the story in a rash attempt to get a scoop. December 1, 2006

Foreign Policy Implications of the Democrat Election Victory
Platinum

The sweeping Democrat victory in regaining control of both houses of Congress in the US mid-term elections has observers wondering and speculating on what, if any, meaningful policy changes are in the offing with regard to Iraq. However, no fundamental course changes are likely, since Mr. Bush has virtually painted himself into a corner in one foreign policy crisis after another. November 27, 2006

 
 
 
 
 
 
 

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W. Joseph Stroupe & GeoStrategyMap.com
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Unipolarity on Life-Support