Global Economic warfare

Zero Hedge News
View In: Global Economic warfare The second half of the article lists the 12 nations of the global south joining the BRICS (Brazil, Russia, India, China and South Africa). Their combined GDP – in today’s figures – would be roughly $29.35 trillion; much larger than the US ($23 trillion) and at least double the EU ($14.5 trillion, and falling). 45 percent of confirmed global oil reserves and over 60 percent of confirmed global gas reserves (and that will balloon if gas republic Turkmenistan later joins the group).

Multipolarista
View In: Global Economic warfare

Economists Radhika Desai and Michael Hudson introduce their show Geopolitical Economy Hour discussing the rise of the multipolar world and decline of US hegemony.

The post Economists Radhika Desai & Michael Hudson explain multipolarity, decline of US hegemony appeared first on Geopolitical Economy Report.

Multipolarista
View In: Global Economic warfareProminent French intellectual Emmanuel Todd argues the Ukraine proxy war is the start of WWIII, and is “existential” for both Russia and the US “imperial system“, which has restricted the sovereignty of Europe, making Brussels into Washington's “protectorate“. The post ‘World War 3 has already started...

Multipolarista
View In: Global Economic warfareBRICS is “developing a fairer system of monetary exchange” to challenge the “dominance of the dollar“, South Africa revealed. Saudi Arabia is considering selling oil in other currencies. Economist Zoltan Pozsar says the US “unipolar era“ is over. The post BRICS challenges US ‘dollar dominance’, Saud...

Jacobin Magazine
View In: Global Economic warfareThe current policies of the European Central Bank (ECB) and the Federal Reserve are being sold by bankers and most economists with the argument that they lack any alternative. After more than ten years of lax monetary policy that guided as much money into markets as possible, increased liquidity, an...

Multipolarista
View In: Global Economic warfareThe West opposed the rest of a planet in United Nations General Assembly votes that called for a new international economic order based on sovereign equality, sustainable development, and biological diversity. The post West opposes rest of world in UN votes for fairer economic system, equality, sustainabl...