Episodes
2 days ago
2 days ago
Today’s show is dedicated to this past week’s historic BRICS conference in Kazan, Russia and how it represents the most serious challenge underway to US Global Economic hegemony. What are the key institutions of US global economic power? How do the BRICS alternative economic infrastructure challenge the dominance of the key US institutions and vehicles of US power: the IMF, World Bank, SWIFT, the $dollar, the twin deficits solution to recycling dollars, etc. A history of the origins and causes of the rise of the BRICS are discussed today. And how the BRICS are an existential challenge to US global economic dominance. For more on this topic, join the discussion on the same with myself and India economist, S.L. Kanthan, this coming Sunday, October 27, at 9am pacific time at: https://www.youtube.com/live/veY2FoKsyuY?si=4lEsQnyhDtzd215u