U.S. HEGEMONY ENDS - Economic Decline, Rise of BRICS and Political Turmoil (Part 2)

U.S. HEGEMONY ENDS - Economic Decline, Rise of BRICS and Political Turmoil (Part 2)

July 12, 2024

U.S. IMPERIALISM - FOLLOW THE MONEY

Lena Petrova

Professor Richard Wolff

In the interview, we discuss why foreign countries are selling United States debt, how this will impact the U.S. dollar, the rapid decline in the economy as well as the risk of a hyperinflation.

Additionally, Professor Wolff focuses on the role of the rising China and the BRICS nations in the global economy.

Richard D. Wolff is Professor of Economics Emeritus, University of Massachusetts, Amherst where he taught economics from 1973 to 2008. He is currently a Visiting Professor in the Graduate Program in International Affairs of the New School University, New York City.

Earlier he taught economics at Yale University (1967-1969) and at the City College of the City University of New York (1969-1973). In 1994, he was a Visiting Professor of Economics at the University of Paris (France), I (Sorbonne). Wolff was also regular lecturer at the Brecht Forum in New York City.

Prof. Wolff is the co-founder of Democracy at Work and host of their nationally syndicated show Economic Update.

Watch Part 1 here: https://youtu.be/o3Vj0pixvWA

Connect with Prof. Richard D. Wolff:
https://x.com/profwolff
YouTube: https://www.youtube.com/@RichardDWolff
https://www.rdwolff.com

Original: https://youtu.be/JnQMKIdHYqU

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