Episodes
Wednesday Mar 16, 2022
Alternative Visions - Financial Imperialism: The Case of Russia
Wednesday Mar 16, 2022
Wednesday Mar 16, 2022
Dr. Rasmus reviews the many recent financial sanctions and actions taken against Russia and discusses the impacts of each on Russia, as well as on the US and the global economy. The possible ‘blowbacks’ of sanctions to the global financial system are discussed. Various narratives explaining the origins and course of the war are also reviewed and Dr. Rasmus offers an alternative to the mainstream views, arguing all three parties to the conflict are responsible in part and each presents their own preferred view, none of which is totally accurate. Extrapolating from the current experience of financial sanctions on Russia, the show concludes with commentary on how 21st century US imperialism is heavily dependent on financial actions to enforce empire.