Video: “The Economic Iron Curtain”, The European Union is Part of America’s Hegemonic Project

History and Geopolitical Analysis

Introductory Note by Michel Chossudovsky

This interview with James Corbett on the history of the European Union was first published almost 7 years ago on July 16, 2016.

The Washington Consensus in liaison with Wall Street and the Federal Reserve have imposed an IMF style neoliberal agenda (routinely imposed on Third World Countries) on all member states of the European Union. This process has been geared towards destroying the “European Project” as well eliminating the Welfare State. 

In turn, America’s hegemonic project has been to integrate the E.U. political structures and bureaucracy based in Brussels into those of the North Atlantic Treaty Organization (NATO). With some exceptions, most EU member states are now members of NATO. 

This de facto merger of the EU with NATO has been instrumental to the imposition of  an “Economic Iron Curtain”, which essentially prevents the EU from establishing a framework of economic of cooperation with the Russian Federation. 

“Strong economic medicine” has been imposed on the member nation states of the EU via the European Central Bank (ECB) (in liaison with Wall Street) coupled more recently with measures affecting the prices of energy and food staples which have led to bankruptcies, coupled with the impoverishment of  more than 400 million Europeans. 

The U.S. act of sabotage (26-27 September 2022) of the Nord Stream Pipeline ordered by President Joe Biden is tantamount of an Act of War against the European Union. 

I remain indebted to James Corbett for his incisive and carefully research video productions. 

Professor Michel Chossudovsky exposes the EU as the imperial project that it always was, and the growing movement against EU domination as an anti-imperial movement of world historical importance. 

The EU is a Cold War Construct, a US imperial project formulated by the Washington Consensus. The growing movement against EU domination is an anti-imperial initiative of Worldwide significance. It is also a movement against neoliberalism.

GRTV Feature Interview with Michel Chossudovsky, produced by James Corbett

Copyright © Prof Michel Chossudovsky and James Corbett, 2023


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