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For almost 2 decades, the US pursued a list of ‘enemy countries’ to confront, attack, weaken & overthrow. This imperial quest to overthrow ‘enemy countries’ depends on two considerations: the level of priority & the degree of vulnerability for a ‘regime change’ operation.
This all began with the subprime financial crisis in summer of 2007, when some US mega-banks were teetering on the edge of bankruptcy. Indeed, they had created a new type of financial products, the so-called mortgage-and debt-backed securities (MBS) and other asset-backed paper (ABCP), which were bundles of risky debt and were sold as new esoteric securities.
The surprise collapse of a small Inner-Mongolia Chinese bank, Baoshang, has suddenly focused attention on the fragility of the world’s largest and largely opaque banking system. The timing is very bad, as China struggles with a sharp domestic economic slowdown.
Britain’s air commander Arthur Harris was convinced that by “bombing Germany city by city”, would bring the war to a swift end. The bombings against densely populated areas often avoided armament hotspots, which served to lengthening the war.