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Dedollarization: Radhika Desai & Michael Hudson (+ transcript)
Transcript:
“Understanding money and the dollar system,” Geopolitical Hour, Episode 3, February 9, 2023, with economists Radhika Desai & Michael Hudson.
video: https://www.youtube.com/watch?v=Ew21FOlftkU
podcast: https://soundcloud.com/geopoliticaleconomy/money-dollar-dominance-radhika-desai-michael-hudson
RadhikaHello and welcome to this third Geopolitical Economy Hour. I’m Radhika Desai.
Michael
And I’m Michael Hudson.
Radhika
As many of you know, in this collaboration with Ben Norton’s Geopolitical Economy Report, Michael and I will present every fortnight a… Continue reading
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Feb 10 2023 Valdai Club: Times of Great Confusion
Times of Great Confusion: On the Concepts by Which We Comprehend the World
A correct system of coordinates, a system of terms is needed, which — when discussing what is happening in the world — we will understand it approximately the same way, writes Valdai Club Chairman Andrey Bystritskiy.
The events of all human history, up to… Continue reading
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Missiles, Earthquakes & Pipelines – US Hegemony
Brian Berletic and Angelo Guiliano are some of the most pragmatic commentators out there. Angelo makes short mention of years back in Africa, where the west was already fighting the USSR at the time, in Africa. I saw some of that, but must say that neither of those sides did me any favors.
This is a… Continue reading
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Humanitarian aid: Syria and Turkiye
Today, the US Treasury issued a general license that authorizes for 180 days all transactions related to earthquake relief that would be otherwise prohibited by the Syrian Sanctions Regulations (SySR).
How very bitter. Chances for pulling live people out of the earthquake rubble are almost gone now. And if you read the document, it is highly… Continue reading
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Syria Earthquake: US & EU refuse to help Syrians – Vanessa Beeley
Syrian government is preparing to send a convoy of humanitarian aid to Idlib through the Saraqib crossing. The convoy is only waiting for representatives of United Nations.
Negotiations have reached a point of understanding, and the humanitarian aid will enter through the Saraqib crossing, on Saturday at most.
Syria has informed the United Nations that in case… Continue reading
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Feb 09 2023 The Big Stiff: Russia-Iran dump the dollar and bust US sanctions
News of Russian banks connecting to Iran’s financial messaging system strengthens the resistance against US-imposed sanctions on both countries and accelerates global de-dollarization.
By Pepe Escobar and first posted at The Cradle
The agreement between the Central Banks of Russia and Iran formally signed on 29 January connecting their interbank transfer systems is a game-changer in more… Continue reading
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The Great Russian Offensive ft. Scott Ritter
I’m a tough nut to crack and in terms of trust, I don’t trust many. But here, in this video Ritter tells a good story that has actually convinced me that he has a heart and also is emotionally mature enough to say the things that he says (despite major errors initially). He talks about… Continue reading
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National Currencies: it is happening!
First, the Euro is getting to be completely excluded in Russia.
“Russian National Wealth Fund excludes euro and in the future will hold only Chinese yuan, ruble, and gold”
The Ministry of Finance of Russia in 2023 will reset the share of euros in the National Welfare Fund
The Ministry of Finance of the Russian Federation in… Continue reading
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Feb 09 2023 Daily Chronicles
The Daily Chronicles are snippets of the most important news across the world for this and each day as it rolls in – as such, this thread is non-structured with the latest news on top. Note, The Hearty Salon is open now for further commentary. You don’t have to wait for anyone to start a… Continue reading
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Nato reaching to Asia
I mentioned Japan on this piece from Patrushev. The idea that the hegemon is now trying to flex its muscles in the East is increasing to the extent that everyone knows and it is now an open secret. But not Taiwan! Rather the chosen proxies are South Korea, Japan and the Philippines.
What is also getting… Continue reading
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Feb 08 2023 🔺 How America Took Out The Nord Stream Pipeline + Update
Seymour Hersh, one of the biggest legends of American journalism – who revealed such massive scandals as Vietnam’s My Lai massacre or the torture at Abu Ghraib prison – just released this huge piece: “How America Took Out The Nord Stream Pipeline”
The names, the games, and the unseen hands:
https://seymourhersh.substack.com/p/how-america-took-out-the-nord-stream
It is copyrighted so I cannot post… Continue reading
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Patrushev: US continue geopolitical experiments
According to Nikolay Patrushev, the large hotbed of instability in Afghanistan created by the West could spread to all countries of the region.
MOSCOW, February 8. /TASS/. Washington intends to continue its geopolitical experiments, including in Europe, Latin America and the Middle East, Russian Security Council Secretary Nikolay Patrushev said at the fifth multilateral meeting of… Continue reading
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Anti-Lula propaganda
One of the categories of information that appears in my email, is to take a look at anti-Lula propaganda. I received this article with the header:
Brazil – Lula’s Third Term – from Leftist to Globalist?
This is of course the type of depiction that comes directly from US Trumper types, who are against socialism but could… Continue reading