US imperialistic power is overtly demonstrated by its massive military that can be used to easily overpower most nations, though we have seen that controlling the aftermath is much more problematic. But a major source of US power is exerted more covertly, by controlling the financial centers of the world. Note how it uses that power to annex the assets of countries it has conflicts with and prevents them from having access to international capital or denying them the lines of credit and insurance that are necessary for trade.
[Read more…]
