Ukraine and Michael Hudson's "The Destiny of Civilization: Finance Capitalism, Industrial Capitalism or Socialism." Review by Dee Knight
Empire’s Neoliberal Debt Trap: How to Resist Gluttonous Greed
America’s response to its declining industrial and economic power is to tighten its control over Europe by force and sanctions. The result? A new Iron Curtain.
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Michael Hudson, review by Dee Knight
“Hudson concludes by saying “America’s response to its declining industrial and economic power at home has been to tighten its control over Europe and other client economies by military force and political sanctions. The result is a new Iron Curtain aiming to block these allies from expanding their trade and investment with the Russian and Chinese economies in the rising Eurasian core. Forcing nations to choose which geopolitical block they will belong to is driving many out of the dollarized trade and investment orbit with remarkable speed.”
It is likely that an end to Dollar Dominance in the world foreshadows a general disintegration of capitalism’s last great empire”.