
This would be a strange kind of “national security” indeed. Is it really possible to create a set of post-economic NATO economies whose members will come to look much like the rapidly depopulating and de-industrializing Baltic states and post-Soviet Ukraine?

So we are brought back to the question of whether economic factors will determine the shape of world trade, investment and diplomacy. Governments are expected to support their economy’s leading business interests. This is not what the “economic interpretation of history” would have forecast. The remarkable thing is that while NATO warns of the “risk” of trade with Russia and China, it does not see its loss of industrial viability and economic sovereignty to the United States as a risk. unipolar diplomacy has isolated itself and its NATO satellites from the rest of the world – the Global Majority that is growing while NATO economies are rushing ahead along their Road to Deindustrialization. Instead of isolating Russia and China and making them dependent on U.S. But, as Micheal Hudson explains, this now gets overwritten by national security preferences which have remarkable conseqences: (and European) economy would be better off by avoiding a conflict with Russia and China.
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