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Yanis Varoufakis: "No One Understands How Big This Is Going To Be..."
Is America’s dollar dominance in jeopardy? Yanis Varoufakis dives into the heart of U.S.-China tensions, arguing that President Biden’s economic stance against China isn’t about Taiwan or military power—it's a move to protect the dollar's global monopoly. By banning sales of advanced tech to China, Varoufakis claims, the U.S. has declared an “economic war,” fearing China’s burgeoning payment systems like WeChat threaten to undercut America’s financial stronghold.
But Varoufakis doesn’t stop at geopolitics; he takes aim at corporations in the U.K., suggesting strategic actions to disrupt monopolistic water companies that exploit consumers and pollute resources. His rallying cry? It’s time to rethink resistance, using the same innovative tech shaping global power. Varoufakis calls for a return to organized collective action—challenging corporate giants and reclaiming public influence.
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