
How the world can free itself from US financial colonialism: Economist Michael Hudson explains
Geopolitical Economy Report
00:00
Challenging Dollar Debt: A Call for Reform in the Global South
This chapter highlights the unmanageable dollar-denominated debt burden faced by Global South nations and advocates for a collective debt default strategy. It critiques existing economic frameworks, focusing on odious debt and the role of institutions like the IMF, while emphasizing the need for a shift in power dynamics to empower these countries in their economic development.
Transcript
Play full episode