Geopolitical Economy Report cover image

EU confesses 'our prosperity was based on China & Russia': cheap energy, low-paid labor, big market

Geopolitical Economy Report

00:00

What's Happening in Europe Before the Iudo?

US Federal Reserve raising interest rates, that means other countries are going to raise their interest rates because they're afraid of their currency being devalued. This will bring us into a world recession. The bubble of neoliberal so-called prosperity in the West was not only built on debt, but it was also built on cheap consumer goods from China based on low wages and access to the Chinese market. Fascist movements are on the rise across the so-called West in Europe and the US and Canada as well. We have this economic crisis that is already happening and we see the head of the EU saying it's going to get worse. That's why the US and the EU are waging a new Cold

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app