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By New Cold War
Posted Argentina Enables Deposits in Yuan for Local Bank Accounts
Argentina aims to address an acute shortage of dollar reserves and encourage local companies to make payments abroad in Chinese currency.
BRICS diplomat comments on what is drawing countries to the bloc
Many nations identify with the issues being championed by the group toward creating a more inclusive world, Anil Sooklal told RT .
Geopolitical Economy Hour Episode 12: A new Third World debt crisis? The need for system change
Political economists Radhika Desai, Michael Hudson, and Ann Pettifor discuss the growing debt crisis in the Global South and the urgent need for forgiveness and system change. Originally [...]
Debt ceiling hypocrisy: US boosts military budget while restricting food stamps for poor
US politicians from both parties agree: the deficit doesn't matter. In the bipartisan deal to raise the debt ceiling, Biden and GOP boost military budget to $886 billion while restricting food stamps.
By New Cold War
Posted China builds global economic alternative as US-led financial order decays
An analysis of how China is building a global alternative as the US-led neoliberal financial order decays, political economists Radhika Desai and Michael Hudson are joined by economic geographer [...]
By New Cold War
In China, Dollar, Geopolitical economy, International Financial Institutions, Multipolarity, Neo-Liberalism, Russia, USA
Posted Geopolitical Economy Hour with Michael Hudson and Radhika Desai: The Series
Join Michael Hudson and Radhika Desai once every fortnight for Geopolitical Economy Hour, a conversation about world geopolitics that focuses on the emerging multipolarity of the world order and [...]
By New Cold War
In China, Debt, Dollar Hegemony, Dollar reserves, Economics, Geopolitical economy, Multipolarity, Neo-Liberalism, Russia, Uncategorized, USA
Posted De-dollarization is about more than currencies: As dollar system declines, what comes next?
In this episode of their program Geopolitical Economy Hour, Radhika Desai and Michael Hudson discuss de-dollarization, the global drive to drop the US dollar, and the transition away from [...]
Russia Leaves the Neoliberal West to join the World Majority
In this episode of their program Geopolitical Economy Hour, economists Radhika Desai and Michael Hudson discuss Russia’s economic transition away from the neoliberal West and integration with [...]
By New Cold War
In China, Dollar, Geopolitical economy, International Financial Institutions, Multipolarity, Russia, USA
Posted The dollar system’s contradictions after de-linking from gold
Economists Radhika Desai and Michael Hudson discuss the evolution of the US dollar system after it was taken off the gold standard in 1971.
