this post was submitted on 13 Apr 2024
302 points (95.8% liked)

World News

39102 readers
2305 users here now

A community for discussing events around the World

Rules:

Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to "Mom! He's bugging me!" and "I'm not touching you!" Going forward, slapfights will result in removed comments and temp bans to cool off.

We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.

All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.


Lemmy World Partners

News [email protected]

Politics [email protected]

World Politics [email protected]


Recommendations

For Firefox users, there is media bias / propaganda / fact check plugin.

https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/

founded 1 year ago
MODERATORS
 

Archive Link

In a recent appearance on Russia's state-run television, Russian political scientist Sergey Mikheyev suggested that the country's "empire" should grow to encompass three American states.

"I want the Russian empire with Alaska, Hawaii, California, Finland, and Poland," he said, as translated by Gerashchenko for the clip he shared. "Although Poland and Finland are so stinky, I'm not sure, to be honest. We'll clean them."

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 4 points 7 months ago (1 children)

You mean something like a third Reich?

[–] [email protected] 1 points 7 months ago

You mean something like a third Reich?

Well, yeah. In very real ways WWII was about upending the post-WW1 order (which was punitive of Germany generally). It's really interesting to understand how crazy the flows of money were, and how badly the US in particular bungled its role as the issuer of the world's de facto reserve currency at the time- in the aftermath of WWI, Germany and its allies were made to pay reparations, France occupied the industrial territory on their border, and any money France or Belgium or Holland received in reparations promptly went to American banks, to repay war bonds borrowed to finance the fighting (which had, in turn, been spent in American factories on war materiel, weapons, munitions, etc).

https://www.theatlantic.com/international/archive/2014/12/the-real-story-of-how-america-became-an-economic-superpower/384034/ (sorry this is paywalled now, it was a really good read when it was available so I'll summarize briefly)

By the end of the first world war, all of the belligerent nations' economies were in tatters, their leadership were forced to inflate their currencies to make payments- but the US declined to inflate its own currency to make it workable for them- and when the US didn't think about its new role in maintaining a viable world order, it put everyone that owed it anything in the position of paying their debts not in their own inflated currencies, but in US dollars. This essentially collapsed the German economy and its currency, and it was just unnecessary.