Michael Hudson: Postponing the World’s Financial Winter, But For How Long? Iran’s MAD Standoff with the Rest of the World
But now that the United States has de-industrialized and become debt-ridden, it has abandoned and indeed reversed these rules that served it eighty years ago. What U.S. officials call national security strategy is how to recover and maintain America’s control over other countries by weaponizing the dollar-centered financial system and its foreign trade. And instead […]
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