Economist Michael Hudson on decline of dollar, sanctions war, imperialism, financial parasitism
Geopolitical Economy Report
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The New Cold War: Finance vs. Industrial Economies
This chapter explores the new Cold War, framed in economic terms, between finance capitalism and industrial economies. It highlights the United States' push for global financial-based capitalism and its objective to control other countries' industries and resources. The chapter also discusses the impact of American sanctions on Russia, unintended consequences, and Russia's efforts towards economic independence.
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