Michael Hudson: SCO and BRICS 2025
The SCO meeting looked to be a great success. But what can we expect in folllow through?
Read more...Category Archives: Currencies
Tariffs and US Dollar Depreciations: Not So Surprising After All
How conventional thinking on how the dollar would respond to Trump tariffs missed a key factor: retaliation.
Read more...Trump’s Impact on the Financial Sector and Global Dollar System
A wide-ranging review of how unccordinated Trump policies undermine the dollar and the international banking system, and even each other.
Read more...The New Currency War: US Stablecoin-China Digital Yuan Rivalry as a Test of Monetary Discipline
How the US stablecoin/digital yuan arms race creates instability risks and undermines monetary sovereignity around the world.
Read more...What Is Happening to the Dollar as a Safe Haven?
Why the speed of the dollar’s demise seems to be a tad over-anticipated.
Read more...Former Ambassador M. K. Bhadrakumar Throws Cold Water on the Idea That India Is Keen About BRICS
Bhadrakumar explains why India does not think all that highly of BRICS.
Read more...Michael Hudson: Today’s Civilizational Conflict
A new article by Michael Hudson, an extract from an upcoming book, gives a long view of colonial exploitation and China as a counter-model
Read more...Genius Act: This New US Crypto Law Could Pave the Way for the Next Global Financial Crisis
On top of the leverage bombs in the US and other financial systems, the embrace of crypto, specifically stablecoins, is another systemic risk
Read more...Michael Hudson: The Collapse of America’s Economic Empire
Michael Hudson, expanding on his seminal work Super Imperialism, chroniciles the rise and in-process decline of US financial hegemony.
Read more...Michael Hudson: The U.S. Empire’s Plan for Global Domination
Michael Hudson: War on Iran is part of the US empire’s effort to re-impose its dominance on the global political and financial system
Read more...Downgrading Uncle Sam, Not America
An orthodox economist describes inconsistencies in rating agencies’ approach to downgrading US debt and their view of reserve currency status
Read more...Satyajit Das: A Fist Full of Dollars
Two recent books seem unduly complacent about the status of the dollar as reserve currency.
Read more...Michael Hudson: Trump’s Contradiction-Riddled Strategy to Preserve US Hegemony
Trump does have a plan to shore up America”s flagging power, even if, when you put the pieces together, it does not make much sense.
Read more...Anchored in Troubled Waters: Why European Union and Eurozone Membership Is Less Bad Than You Might Think
An analysis shows how the EU and Eurozone buffer some economic shocks.
Read more...Crypto Crooks Now Eating Their Own as Crypto Holders Targeted in Crime, Even Violent; Coinbase “Hack” an Inside Job, and Highly Damaging to Wallet-Holders
Crypto crirme, particularly violent ones like finger-choppings, are increasing. This should not be much of a surprise.
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