“Professor Michael Hudson explains why US global power is no longer grounded in industrial strength but in coercion through oil control, sanctions, debt and NATO.”
“He traces how military spending drives balance of payments deficits, why the dollar system is unravelling, and how rentier capitalism has turned the US into a high-cost, low-value economy. Hudson argues that Europe has lost sovereignty through NATO, that tariff policy cannot restore US industry, and that global blowback is accelerating as countries move away from dollar dependence toward gold, regional trade and alternative economic systems.”
~ Quote from Michael Hudson’s website
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