![](https://i.imgur.com/CLvY2jA.png")
28-08-2022, 05:06 PM
https://asiatimes.com/2022/06/bidens-pol...struction/
Biden’s policy toward China is a road to self-destruction
The Biden team seems oblivious to the erosion of the US stature as the world leader
President Joe Biden’s administration appears determined to project the image that United States remains the world’s hegemon regardless of cost or consequences and despite overwhelming developments around the globe that are contrary to such misguided hubris.
The American leadership has always rested on the carrot-and-stick approach to rally countries around a unipolar world headed by the US.
The carrot is in the form of foreign aid Uncle Sam dangles before a country as reward for joining the American camp. The stick is the threat of economic disengagement and sanctions and the withholding of military protection, thus stripping away that nation’s sense of security.
Since the financial crisis of 2008 and subsequent quantitative easing by printing billions of dollars to keep the US economy afloat, the economic might and stability of the American monetary system is not what it used to be in the minds of many nations.
When the Biden White House unilaterally confiscates foreign reserves owned by other countries but held in the US, such as in the cases of Afghanistan and Russia, the reputation of the US as a fiduciary is in doubt. The full faith in and credit of the US government cease to mean very much to the world.
Thus the carrot has dried and withered, and after the 20-year war and debacle in Afghanistan, the stick Uncle Sam carries appears to have shriveled and is not so intimidating. Sending arms but no troops to Ukraine merely confirms America’s preference for war by proxy with little appetite for direct engagement.
......
Yet the Biden team seems oblivious to the erosion of the US stature as the world leader but insists on going around the world approaching each country and demanding that it choose sides and align with the American geopolitical positions.
The US has elected to designate China as its adversary for the foreseeable future. For allies and would-be allies to side with the US means they must also regard China as their adversary as well.
......
Biden’s policy toward China is a road to self-destruction
The Biden team seems oblivious to the erosion of the US stature as the world leader
President Joe Biden’s administration appears determined to project the image that United States remains the world’s hegemon regardless of cost or consequences and despite overwhelming developments around the globe that are contrary to such misguided hubris.
The American leadership has always rested on the carrot-and-stick approach to rally countries around a unipolar world headed by the US.
The carrot is in the form of foreign aid Uncle Sam dangles before a country as reward for joining the American camp. The stick is the threat of economic disengagement and sanctions and the withholding of military protection, thus stripping away that nation’s sense of security.
Since the financial crisis of 2008 and subsequent quantitative easing by printing billions of dollars to keep the US economy afloat, the economic might and stability of the American monetary system is not what it used to be in the minds of many nations.
When the Biden White House unilaterally confiscates foreign reserves owned by other countries but held in the US, such as in the cases of Afghanistan and Russia, the reputation of the US as a fiduciary is in doubt. The full faith in and credit of the US government cease to mean very much to the world.
Thus the carrot has dried and withered, and after the 20-year war and debacle in Afghanistan, the stick Uncle Sam carries appears to have shriveled and is not so intimidating. Sending arms but no troops to Ukraine merely confirms America’s preference for war by proxy with little appetite for direct engagement.
......
Yet the Biden team seems oblivious to the erosion of the US stature as the world leader but insists on going around the world approaching each country and demanding that it choose sides and align with the American geopolitical positions.
The US has elected to designate China as its adversary for the foreseeable future. For allies and would-be allies to side with the US means they must also regard China as their adversary as well.
......
