As 2018 Draws To A Close Quotes

As the 2018 World Cup Championship in Russia draws to a close, President Trump scores a hat-trick of diplomatic faux pas - first at the NATO summit, then on a UK visit, and finally with a spectacular own goal in Helsinki, thereby handing Vladimir Putin a golden propaganda trophy. For as long as this moron continues to queer the pitch by refusing to be a team player, America's Achilles' heel will go from bad to worse. It's high time somebody on his own side tackled him in his tracks.

The tour of the South Caucasus in 2018 ends where the book began, in the mountains. The extraordinary natural features of the Caucasus cross all political boundaries, and its extraordinary landscape and outstanding biodiversity are its often-hidden glory. Foreign visitors are awestruck by these landscapes, still far less developed than the alpine zones of western Europe. The World Wildlife Fund has named the wider Caucasus region—stretching into Russia and Turkey—one of thirty-five “biodiversity hotspots” on the planet, with over 1,650 indigenous plants and animals in nine climate zones. To name but three examples of this biodiversity: the mountains of Georgia and Azerbaijan contain more species of oak than western Europe, as they survived the last Ice Age; a few mountain leopards still prowl the highlands of Armenia; and less than 200 “goitered gazelles” are to be found on the borders of Azerbaijan and Georgia. Some natural spectacles draw visitors from all over the world. From late August to early October, birdwatchers come to the Black Sea coast of Georgia to see the annual migration southwards of millions of birds of prey through a 10-kilometer-wide corridor between the sea and the Lesser Caucasus Mountains known as the “Batumi bottleneck.” On October 2, 2014, after days of rain kept the gates of the corridor closed, an astonishing 271,000 birds were counted flying through and darkening the skies.

Since The Great Recession, the global financial crash of 2008-09, the debt-fuelled post-recession recovery has been the weakest in the post-war era (since the end of World War Two). Whereas total outstanding credit in the US after the Wall Street Crash grew from 160% to 260% of GDP between 1929 and 1932, the figure rose from 365% in 2008 to 540% in 2010. (And this does not include derivatives, whose nominal outstanding value is at least four times GDP).[34] A long depression and rising right-wing populism have followed, including the stunning ascendency of property tycoon and TV celebrity demagogue Donald Trump as the President of the US in 2016.[35] The British public’s vote in June 2016 to leave the EU delivered another shock of global significance. A chronic drift towards trade wars and protectionism is accelerating and in January 2018, US Defence Secretary Jim Mattis said that “great power competition, not terrorism, is now the primary focus of US national security”, putting Russia, China and – yes – Europe in the crosshairs of the world’s long-time dominant economic and military power. Adding to this age of anxiety is the accelerating automation revolution. What should be an emancipatory and utopian development only generates insecurity at the prospect of unprecedented mass unemployment. It can be no coincidence that all these crises are converging at exactly the same time. They cannot be explained away by cynical and shallow generalisations about ‘human nature’. In the course of this investigation we will see that in fact all of these crises have a common root cause: the decaying nature of capitalism and its tendency towards breakdown. Indeed, average Gross Domestic Product (GDP) growth rates in the world’s richest countries have fallen in every decade since the 1960s and are clearly closing in on zero. Rates of profit, manufacturing costs and commodity prices are also trending towards zero. Drawing on Henryk Grossman’s vital clarification of Karl Marx’s methodology, we shall see that capitalism is heading inexorably towards a final, insurmountable breakdown that is destined to strike much earlier than a zero rate of profit. Indeed, we shall also see that the next, imminent economic crash will result in worldwide hyperinflation. We will also show that the economic crisis is intensifying competition between nation-states, forcing them into a situation which threatens the most destructive world war to date.