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How the US economy is different today from 1930s and becoming increasing so due to technological change, financialization, and other forces. Why 21st century US fiscal and monetary policies are increasingly inefficient, ineffective and exacerbating the deficits, US debt, and running up unsustainable interest payments on the debt. Income and Wealth inequality thresholds for the 1% in the US economy today. Challenges faced for the future hegemony of the US empire-not just China, not even BRICS, but entire global South. Role of US $ and other institutions. The new alternative global financial structure coming. Why the US/NATO are losing (have already lost) the Ukraine war. (Dr. Rasmus announces further discussion of these trends is available on his blog, jackrasmus.com, in the Youtube file of the 2 hr. interview he gave this week to the Freethinkers Forum).
4.8
2525 ratings
How the US economy is different today from 1930s and becoming increasing so due to technological change, financialization, and other forces. Why 21st century US fiscal and monetary policies are increasingly inefficient, ineffective and exacerbating the deficits, US debt, and running up unsustainable interest payments on the debt. Income and Wealth inequality thresholds for the 1% in the US economy today. Challenges faced for the future hegemony of the US empire-not just China, not even BRICS, but entire global South. Role of US $ and other institutions. The new alternative global financial structure coming. Why the US/NATO are losing (have already lost) the Ukraine war. (Dr. Rasmus announces further discussion of these trends is available on his blog, jackrasmus.com, in the Youtube file of the 2 hr. interview he gave this week to the Freethinkers Forum).
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