How similar and how different is today’s global debt crisis from the one that hit the third world back in the 1980s? What has been the specific contribution, if any, of the pandemic and the war to this? How has debt been an instrument of world power and imperialism? What does the debt crisis have to do with the dollar system? What is the future of the global South given the rise of multi-polar world?
Read interview with Michael Hudson and Radhika Desai