ScheerPost Staff The ongoing war against Iran is not just a regional confrontation; it is, according to economist and historian Professor Michael Hudson, a crisis with profound global economic and…
ScheerPost Staff What began as another military escalation in the Middle East is now being framed by some economists and geopolitical analysts as something much larger: a potential turning point…
The Trump administration may have been after the ability to “turn off the power” to countries that don’t follow U.S. foreign policy, he says.
Donald Trump imposes tariffs and unequal treaties on Europe, Japan, and South Korea, forcing them to move factories to the US, while BRICS creates a multipolar world order. Economist Michael…
Trump plans to reverse U.S. de-industrialization by targeting allies like Europe, South Korea, and Japan, forcing them to subsidize and move key industries to the USA, argues economist Michael Hudson.
At the Shanghai Cooperation Organization (SCO) summit in China, Eurasia discussed a new international economic order based on mutually beneficial trade and investment, writes economist Michael Hudson.
Economist Michael Hudson describes how the Western powers designed the international system to benefit North American corporations at the expense of the Global South, and how they can resist US…
Economist Michael Hudson describes how China created an alternative to the Western neoliberal order, and how the Global South can challenge the rent extraction of US-centered financial colonialism.
War on Iran is part of the US empire’s larger attempt to re-impose its unipolar dominance on the global political and financial system, argues economist Michael Hudson. Washington wants to…
Economist Michael Hudson explains how the war on Iran seeks to stop countries from breaking away from U.S. unipolar control and dollar hegemony, and to disrupt Eurasian integration with China…
Will US President Donald Trump be the tipping point for the dollar system? Even Western financial outlets now warn of the beginning of the end of dollar dominance. Political economists…
Donald Trump’s tariffs are benefiting rich elites at the expense of the majority of the population, argues economist Michael Hudson. He explains how the US trade war on China is…
Donald Trump’s tariffs will likely backfire, hurt the United States, and accelerate the decline of US dominance, argue political economists Radhika Desai, Michael Hudson, and Mick Dunford.
Donald Trump’s tariffs could destabilize the global economy, warns economist Michael Hudson. US protectionist policies could cause financial crises, as many currencies depreciate and countries can’t earn the dollars needed…
Trump’s protectionist policies threaten to radically unbalance the balance of payments and exchange rates throughout the world, preventing debtor countries from earning the dollars needed to pay their foreign debts.…
