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Escobar: 2025 - A Second Renaissance, Or Chaos?

www.zerohedge.com 02-01-2025 04:20 7 Minutes reading
Escobar: 2025 - A Second Renaissance, Or Chaos? Authored by Pepe Escobar,It’s a dazzling Tuscan winter morning, and I am inside the legendary Dominican church of Santa Maria Novella, founded in the early 13th century and finally consecrated in 1420, in a very special place in History of Art: right in front of one of the monochrome frescos painted in 1447-1448 by master of perspective Paolo Uccello, depicting the Universal Deluge.Paolo Uccello: Universal Deluge. 1448 fresco at Santa Maria Novella, Florence. Photo by Pepe EscobarIt’s as if Paolo Uccello was depicting us – in our current times of trouble. So inspired by neoplatonic superstar Marsilio Ficino – immortalized in a chic red robe by Ghirlandaio at the Cappella Tornabuoni – I tried to pull off a back to the future and ideally imagine who and what Paolo Uccello would feature in his depiction of our current deluge.Let’s start with the positives. 2024 was the Year of the BRICS – with the merit for all the accomplishments going for the tireless work of the Russian presidency.2024 was also the Year of the Axis of Resistance – until the serial blows suffered during the past few months, a serious challenge which will propel its rejuvenation.And 2024 was the year that defined the lineaments of the endgame in the proxy war in Ukraine: what remains to be seen is how deep the “rules-based international order” will be buried in the black soil of Novorossiya.Now let’s turn to the auspicious prospects ahead. 2025 will be the year of consolidation of China as the paramount geoeconomics force on the planet.It will be the year where the defining battle of the 21st century – Eurasia v. NATOstan – will be sharpened in an array of unpredictable vectors.And it will be the year of advancing, interlocking connectivity corridors – the defining factor in Eurasia integration.Not by accident Iran is central to this interlocking connectivity – from the Strait of Hormuz (through which transits, daily, at least 23% of the world’s oil) to the port of Chabahar, which links West Asia with South Asia.Connectivity corridors to watch are the return of one of the top Pipelineistan sagas, the 1,800 km-long Turkmenistan-Afghanistan-Pakistan-India (TAPI) pipeline; the International North South Transportation Corridor (INSTC), which links three BRICS (Russia-Iran-India) and several aspiring BRICS partners; the China-Pakistan Economic Corridor (CPEC), the flagship Belt and Road Initiative (BRI) project; and last but not least, the fast advancing Northern Sea Route (or Northern Silk Road, as the Chinese call it), which will eventually become the cheapest and fastest alternative to the Suez canal.A few days before the start of Trump 2.0 in Washington, Russia and Iran will finally, officially sign a comprehensive strategic partnership deal in Moscow, over two years in the making: once again, a key deal between two top BRICS, with immense, cascading repercussions in Eurasia integration terms.A completely sealed channel of negotiationDmitri Trenin, respected member of Russia’s Foreign and Defense Policy Council, has what is so far the most realist road map for an acceptable end of the proxy war in Ukraine.“Acceptable” does not even begin to describe it – because from the point of view of the collective West political “elites” which bet the farm and the bank on this war, nothing is acceptable except Russia’s strategic defeat, which will never happen.As it stands, President Putin is in fact containing elite sectors in Moscow who favor not only cutting off the head of the snake but the body as well.Trump for his part has less than zero incentive to be dragged into a further quagmire; leave that to the clueless European chihuahuas.So a possible drive towards a wobbly “peace” agreement also suits the Global Majority – not to mention China, which understands how war is bad for business (at least if you’re not in the weaponizing racket).When it comes to an always possible “existential” escalation, we’re not out of the woods yet; but there are still three weeks left for some major terror-fueled coup, as in a false flag.The first two months of 2025 will be absolutely decisive, when it comes to sketching a possible compromise.Elena Panina from RUSSTRAT has offered a concise, and sobering, strategic assessment of what may pan out.What Trump essentially craves, like a trashy McDonald’s burger, is to look like the ultimate Alpha Male. So Putin’s tactical negotiating strategy will not be focused on undermining Trump’s tough guy act. The problem is how to pull it off without undermining Trump’s pop star power – and without adding more fuel to the NATOstan warmongering pyre.Putin holds an array of trump cards close to his chest – related to Europe, the Brits, China, Ukraine itself and the Global South as a whole.Determining spheres of influence will be part of a possible agreement. The thing is no specific details should be leaked – and must be kept impermeable to Western intel.That means, as Panina notes, Trump needing a completely sealed channel of negotiation with Putin, which even the MI6 cannot crack.A tall order, as privileged Zio-con silos across the Deep State are dizzy with the latest Old Testament psycho-pathological victories in Lebanon and Syria, and the way they enfeebled Tehran. Yet that does not mean the Iran-Russia-China-BRICS link is in jeopardy.The dynamics are set; tread carefullyPutin and the Security Council should be ready to implement a quite complex, step-by-step diplomatic game, as they know that the trifecta of defeated, supremely angry Democrats, Brits and Bankova will apply maximum pressure on Trump and turn him into “an enemy of America” or some similar crap.Moscow will accept no truce and no freeze: only a real solution.It that doesn’t work, the war will continue in the battlefield, and Moscow has no problems with that – or with more escalation. The final humiliation of the Empire of Chaos will then be total.Meanwhile, Cold War 2.0 between China and the U.S. will advance more on the pop sphere than in substance. The sharpest Chinese analysts know that the real competition is not over ideology – as in the original Cold War – but over technology, from AI to upgrading seamless supply chains.Moreover, Trump 2.0, at least in principle, has less than zero interest in unleashing a proxy war – Ukraine-style – on China in Taiwan and the South China Sea. China has way more geoeconomic resources than Russia.So it’s not exactly intriguing that Trump is floating the idea of a G2 between the U.S. and China. The Deep State blob will see it as the ultimate plague – and fight it to death. What’s already certain is assuming this goes ahead, the European poodles will be left drowning in a dirty swamp.Well, political “elites” that appoint braindead specimens like the Medusa von der Lying and the batshit crazy Estonian chick as top representatives of the EU; who start a war against their most important energy supplier; who fully support a genocide broadcast 24/7 to the whole planet; who are obsessed on eradicating the culture which has defined them; and who at best pay only lip service to democracy and freedom of speech, these “elites” do deserve to wallow in filth.On the Syrian tragedy, the fact is Putin knows who the real enemy is; certainly not a bunch of Salafi-jihadi head-chopping mercenaries. And the Sultan in Ankara is also not the enemy; from Moscow’s perspective, for all his lofty dreams of replacing “Central Asia” with “Turkestan” in Turkiye’s school textbooks, he is a minor geoeconomic and even geopolitical player.To paraphrase the inestimable Michael Hudson – perhaps our Marsilio Ficino dressed by Paolo Uccello as a writer in a chic red robe – it’s as if in this pre-deluge juncture American elites were saying, “The only solution is total war with Russia and China”; Russia is saying, “We hope there’s peace in Ukraine and West Asia”; and China is saying, “We want peace, not war.That may not be enough for reaching a compromise – any compromise. So the dynamics are set: the U.S. ruling class will keep imposing instances of chaos while Russia, China and BRICS will keep testing in the “BRICS lab” de-dollarization models, alternative set ups to the IMF and World Bank, and eventually even an alternative to NATO.An anarchy and War of Terror cornucopia on one side; cool-headed, coordinated realism on the other. Be prepared – for anything. From Renaissance Florence, one of the – few – peaks of humanity, now living in memory, tread carefully across this flame-filled 2025. Tyler DurdenWed, 01/01/2025 - 23:20

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How Crypto Laws Are Changing Across The World In 2025 Authored by Yohan Yun via CoinTelegraph.com,Everything looks set to change for crypto regulation and legislation in the United States in 2025.Token Alliance co-chair Paul Atkins has been nominated to replace crypto antagonist Gary Gensler as chair of the Securities and Exchange Commission (SEC), signaling a major shift in how crypto is regulated in the United States. Gensler’s tenure, though instrumental in laying regulatory groundwork and case laws, drew heavy criticism for its reliance on enforcement-driven regulation.Across the Atlantic, the European Union has implemented the first of its kind Markets in Crypto Assets (MiCA) regulation to oversee the crypto industry. While praised for its ambition, MiCA’s stringent rules are driving some businesses out of the region, adding to debates over the regulatory burden on digital markets. Meanwhile, Asia continues to integrate crypto into its legal systems, with significant cases setting local precedents.To unpack the most important legal developments of 2024 and forecast what’s next, Magazine spoke with legal experts Catherine Smirnova and Yuriy Brisov of Digital & Analogue Partners in Europe, Joshua Chu of the Hong Kong Web3 Association, and Charlyn Ho of Rikka Group in the US.The discussion has been edited for clarity and brevity.Magazine: How will crypto law in the US change under the new administration?Brisov: The Biden administration did a lot to prepare the legal frameworks for crypto assets. I’m sure that the proceeds of this preparation will help the next administration.Willingly or not, the SEC helped shape the surface of crypto regulation so far. Common law countries are usually based on case law. We usually regulate when we have a sufficient amount of case law, and now is the time. A 1946 case stands as the basis for modern-day digital assets. (Alvaro Carriho)Today, both Republicans and Democrats agree that crypto legislative reform is needed in the US. We still base crypto decisions on the orange groves in California in 1946, or the Howey case. Ho: The stepping down of Gensler and the nomination of Atkins to head the SEC is going to create a lot of change in the way that the crypto industry is regulated. When I say regulated, I don’t think that we will have an overarching regulatory regime in the next year. In fact, I would hazard a guess, Trump and Atkins are probably opposed to creating new regulations, but rather increasing the clarity as to where the crypto industry can operate. Gensler was criticized for taking an overly aggressive approach where he was stepping outside of the SEC’s congressional mandate and essentially making up powers and exercising what it did not have constitutionally. The change we’ll see is hopefully a decrease in such regulation by enforcement and perhaps more of a proactive, business-friendly, crypto-friendly approach taken by the agency as opposed to more of an antagonistic one. Magazine: What changes can we expect at the SEC with Atkins steppi...

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