Bessent: Iran will break in weeks or months – w/ Richard Wolff & Michael Hudson

A little late with Michael’s and Richard’s weekly talk with Nima.  Michael starts off with discussing the state of the UN.  We think the same and I will have an overview on the still active UNGA (it ends today) in a day or two.

Richard continues with the United States inheriting the colonial states after the 2nd world war.  “What we are living through now, is the end of the Uni-Empire”.  The extraordinary power and extraordinary wealth of the colonial movement, which is coming to and end only now, cannot continue.  Richard continues with the Chinese economy.  All the rules are now obsolete.   The United States and the combined empire feels threatened because it will not be alone at the top of the economic ladder any longer and it cannot hold on to imperialism any longer.  There is nothing they can do about it and this is the reason for the unhinged language of Trump at the UN.

It is important to understand each of “these crazy moments”.

Michael and Richard’s mastery in terms of view on history, how the economics decisions played into that and the current fall of empire is a big part of understanding “these crazy moments”.  There are plenty of them, and they tell the story.

“The Iran War is essentially a NATO war … which became very clear last week.”