Headaches of Empire: Brexit’s Effect on the United States

Published on Global Research.ca, by Dr. Binoy Kampmark, June 27, 2016.

… The case for Britain’s exit from Europe has been treated as a dramatic blow against the imperium’s three main concerns on the continent: its own, fragile economic recovery, the broader trade agenda spearheaded with the EU, and matters of security.  

The economic aspect got a jolt when the collaring markets, ever the deities to be worshipped by major capitals of the globe, did their stuff in wiping off $2 trillion in value on Friday. “I must say,” conceded Vice President Joe Biden, “we had looked for a different outcome. We would have preferred a different outcome.” Never spook the markets, especially with daft notions of democratic practice.

Another spoiler for the Obama administration lies in the chances to get the much vaunted yet problematic Transatlantic Trade and Investment Partnership Act between the EU and the United States done by January. Things already seemed rather mucked given the growing hostility to the deal on both sides of the pond. It has dawned on some European lawmakers that the TTIP is less a citizen’s charter than that of a corporation’s … //

… Andrei Klepach, deputy chairman of the Russian State Development Bank Vneshekonombank (VEB), went so far as to make a prediction at this detachment from the European bloc. Brexit might well provide changes for “good potential for growth in the value of securities” that would benefit the Russian economy.[5]

There remains a conspicuous fear in the US Republic that civilization must be a centralising endeavour. Smaller states only matter if they are wedged into a series of agreements and arrangements with an overseeing hegemon. The hegemon dictates the measures to be taken, even if they may be cushioned by promises of good relations and a false sense of autonomy.

While Donald Trump has been dismissed as a lunatic on this subject, amongst others, his statements about the way Obama behaved on Britain’s referendum were relevant. Was it the business of a US president to tell the British voter how to go about his or her business? No. A close ally of empire, and the US project in Europe, had flown the coop.

Dr. Binoy Kampmark was a Commonwealth Scholar at Selwyn College, Cambridge. He lectures at RMIT University, Melbourne. His E-Mail.

(full text, notes).

Links:

Brexit Contagion? Euroskepticism is not Confined to Britain, on Global Research.ca, by Stephen Lendman. June 27, 2016;

Brexit Domino Effect? Greece, Spain, Italy Could Follow – Russian Analyst, on Global Research.ca, by Sputnik, June 27, 2016;

Anne Will: Großbritannien sagt Nein, wer sagt jetzt noch Ja zu Europa? HD, 57.50 min, uploaded by MediathekHD, June 26, 2016;

Education and policy: Re-educating Rita, on The Economist, June 25, 2016: artificial intelligence will have implications for policymakers in education, welfare and geopolitics;

Ireland: for a private sector company, Malin has a lot of public money, on The Independent.ie, by John Mulligan, June 24, 2016;

Obama’s money and Israel’s sovereignty, on Jerusalem Post, by Caroline B. Glick, June 24, 2016;

Ambitious Wealth: Frosty reception, on Financial Times, by Stephen Foley, June 24, 2016: what today’s billionaires might find when they are woken from their cryogenic sleep;

WE DID IT! but this is just the start – the David Icke Videocast, 28.21 min, uploaded by David Icke, June 24, 2016; website:

Brexit Stirs up European Right, on The Progressive, by Meg Bortin, June 24, 2016;

The People Voted To Exit The EU, Now The Central Bankers Will Attack – Episode 1006, 25.16 min, uploaded by X22Report, June 24, 2016;

UJK: Donation of special gold coins will help charity’s big appeal, on Morpeth Herald.co.uk, June 23, 2016;

Anthony Painter and Scott Santens “debate” in Positive News, on BIEN, by Kate McFarland, June 23, 2016;

Un souffle salvateur, dans Médiapart.fr, par Michael Zimmermann, le 23 juin 2016;

Un revenu minimum garanti pour aider les pays pauvres? dans Les Echos.fr, le 23 juin 2016.

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