Michael Hudson describes how the Western powers designed the international system to benefit North American corporations at the expense of the Global South, and how they can resist US neocolonialism.
In too many ways the US faces the greatest challenges of all as its government is deeply entrapped by the vested interests, corporatism and deep state that run the country. It is becoming so obvious countries that have true political and economic sovereignty are the ones that are going to prosper.
What were its self-prescribed advantages fifty years ago are now its burdensome liabilities. The very high price of intransigence.
Thanks for posting, Hudson is always insightful. No mention really of the work China is doing and its new and tested system replacing SWIFT. Nor anything related to blockchain systems that offer faster, less friction FOREX transactions. Would like to hear Hudson's take on those.
In too many ways the US faces the greatest challenges of all as its government is deeply entrapped by the vested interests, corporatism and deep state that run the country. It is becoming so obvious countries that have true political and economic sovereignty are the ones that are going to prosper.
What were its self-prescribed advantages fifty years ago are now its burdensome liabilities. The very high price of intransigence.
Thanks for posting, Hudson is always insightful. No mention really of the work China is doing and its new and tested system replacing SWIFT. Nor anything related to blockchain systems that offer faster, less friction FOREX transactions. Would like to hear Hudson's take on those.
Thank you Gentlemen and Best Wishes.