"Corruption" isn't quite the right scale to use for this. Far deeper, more systemic. This is the disassembly of a state.
Much more equivalent to phenomenon surrounding the collapse of the Soviet Union: liquidation of an entire state's infrastructure via foreign exchange controlled exclusively by the security state . . with plenty of братва duocracy of course.
We've already seen equivalents, even before the 2008 Econopalypse, but activities like those of the Trump-affiliated circle is the terminal end: where USD-denominated assets are exchanged for pure state power. It's just that this is a particularly pure form of it.
There will be no unravelling of this, not until the system of USD seigniorage itself unravels.
Much more equivalent to phenomenon surrounding the collapse of the Soviet Union: liquidation of an entire state's infrastructure via foreign exchange controlled exclusively by the security state . . with plenty of братва duocracy of course.
We've already seen equivalents, even before the 2008 Econopalypse, but activities like those of the Trump-affiliated circle is the terminal end: where USD-denominated assets are exchanged for pure state power. It's just that this is a particularly pure form of it.
There will be no unravelling of this, not until the system of USD seigniorage itself unravels.