The United States cannot afford this much longer’ 🚨
The United States needs to fundamentally rebalance its relationship with the Gulf region because of financial reality, according to Mark Kimmitt, former US assistant secretary of state for political-military affairs.
“Candidly, the United States cannot afford this much longer,” Kimmitt told Al Jazeera. He pointed to what economist Niall Ferguson has called the Ferguson Rule, the point at which a country’s defence budget is exceeded by its national debt payments. “That is the end of the empire. We hit that two years ago. And when the Department of Defense is now proposing a $1.5 trillion defence budget, that will only widen that gap further.”
“I am not talking about America pulling back from the world. But I think we need to rebalance our relationship in this region for many reasons,” he added.
On the prospects for normalised relations between Iran and its Gulf neighbours, Kimmitt said, “Iran is a hegemonic predator. I think it will take a significant change in the regime inside Iran before there is a normalised relationship with its Gulf neighbours. The relationship right now is not one based on mutual respect, it is based on pressure and threats.”
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