Trump's tariffs could cause huge global crisis, warns economist Michael Hudson
Geopolitical Economy Report
The Fallout of Financialization
This chapter examines the relationship between neoliberal policies and the de-industrialization of the United States, focusing on the decline of manufacturing in favor of finance capitalism. It critiques the flawed approach of currency devaluation for boosting exports and highlights the risks posed by America's shifting economic priorities on global competitiveness.
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