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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding
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From: Elroy Jetson3/10/2022 8:46:48 AM
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President Joe Biden had it right: “The state of the Union is strong because you, the American people, are strong.”

Ironically, it took an unprecedented miscalculation by one of the world’s most vicious thugs to remind us of our own strengths, and to show that neither Putin nor his U.S. admirers have a clue about what makes America great.

Authoritarian wannabes in the United States who admire foreign autocrats get conned — just like Putin — into thinking illiberal societies have advantages over liberal ones. They imagine autocracies are stronger, more focused and better able to command their people. In their hero worship for bullies and their contempt for our own democracy, right-wingers fail to grasp that democracies are stronger because of their free citizens, the free flow of information and their more nimble free-market economies.

While much time and focus is spent on trying to puzzle out what Putin is thinking (and whether he’s nuts), what’s obvious is that he understands virtually nothing about the West — not the public’s capacity for moral revulsion; not the public’s ability to force stronger action from governments and to force private businesses out of Russia; not the solidarity of Western democracies; and not the spirit of the Ukrainian people and the effectiveness of President Volodymyr Zelensky, who’s become a master at public diplomacy and information warfare.

And Putin vastly underestimated President Biden, who unlike the three presidents who preceded him, prepared virtually his whole life for the sort of international diplomacy required to defend Ukraine.
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