
Economists Radhika Desai & Michael Hudson explain multipolarity, decline of US hegemony
Geopolitical Economy Report
Implications of the US debt bubble and China's success in managing debt
This chapter discusses the implications of the US debt bubble and China's success in managing debt through their socialist system. It explores the differences in handling debt and financialization between the two countries and touches on de-dollarization and the rise of the Chinese currency.
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