According to political economist Jack Rasmus: “contrary to some on the left, the US is not about to collapse. Today’s show considers the evidence for collapse vs. decline. A brief history of how empires extract wealth from their dependencies as well as a review of examples US institutions of Empire in decline include: the US $, SWIFT payments system, IMF, World Bank, fiscal crisis of US empire and economy and contradictions in US monetary policies (why low interest rates don’t stimulate growth and high rates don’t dampen inflation), “
Listen to Jack Rasmus on Alternative Visions
