The United States has “launched a full-scale confrontation with China,” because Washington is unable to compete with Beijing economically, an American writer and retired professor says.
James Petras, who has written dozens of books on international issues, made the comments in an interview with Press TV on Tuesday, after the US Defense Department called on Congress to approve a major budget increase in order to counter “threats” from Russia, China, and North Korea.
The Pentagon on Monday asked for a budget of $686 billion to be allocated to military spending in 2019. The requested amount is one of the largest in US history, and is also focused on beefing up the country’s nuclear arsenal. The budget sees an increase of $80 billion from 2017.
On top of the $686 billion budget request was an additional $30 billion for agencies including the Department of Energy, which maintains American nuclear weapons.
Under-Secretary of Defense…