Michael Hudson: Debt, Sponsors of the Wars, Future of USD and BRICS
ichael Hudson on topics old and new: the role of debt in rentier extraction and US hegemony, and the prosepcts for the dollar and BRICS.
Read more...Category Archives: India
Links 8/13/2023
The Road That Could Ignite a War in the Caucasus
Armenia and Azerbaijan are on the verge of another war – one that would suck in outside actors like Turkiye, Iran, Israel, India, and of course, Uncle Sam.
Read more...War Hawks’ Drive to Expand NATO into Asia May Destroy Western Military Alliance
Individuals can fail upwards, but organizations? NATO not been up to the task of propping up Ukraine, but the US wants to aim it at China.
Read more...Russia Is Finally Correcting False Perceptions of BRICS
Russia is dialing down expectations for big BRICS developments at a late August summit.
Read more...Explaining China’s & India’s Reported Differences Over Expanding BRICS
Quelle surprise! China and India have different economic interests, which means they have diverging visions for BRICS development.
Read more...Alt-Media Is in Shock After the BRICS Bank Confirmed That It Complies with Western Sanctions
Andrew Korybko explains why the BRICS won’t move as quickly on the new reserve currency projects as enthusiasts suggest.
Read more...Russian Central Bank Governor Elvira Nabiullina and Head of “BRICS Bank” Throw Cold Water on BRICS Currency Project
We’re late to a story that interestingly has been very much under-reported, perhaps because it is contrary to the anti-globalist narrative….already a minority faction in the Anglosphere. We’ve said for some time that the prospects for replacing the dollar are a long way away, even more so with a newly-created, reserve currency aspirant. Our views […]
Read more...Germany Down the Rabbit Hole
Economics minister is again pressuring India on Russia while foreign minister Baerbock brags children can count on her to promote peace through war.
Read more...NY Times Is Wrong on Dedollarization: Economist Michael Hudson Debunks Paul Krugman’s Dollar Defense
Michael Hudson calls out Krugman for invoking the favorite libertarian trope of hyperinflation.
Read more...Azerbaijan Takes Center Stage in Eurasian Integration
Tensions rise at the Armenia-Azerbaijan-Iran intersection.
Read more...“Biden’s Awkward Democracy Summit”
The US trying even harder to tout the virtues of its ideas of democracy is not winning friends or influencing people.
Read more...Eurasian Integration Including Iran Proceeds Despite US “Maximum Pressure” Campaign
The Riyadh-Tehran rapprochement could bring much-needed infrastructure investment in Iran, which is situated at the center of China and Russian-led Eurasian integration efforts, but countries will have to defy or work around US sanctions.
Read more...The Not-So-Winding Road from Iraq to Ukraine
“Fool me once, shame on thee. Fool me twice, shame on me.” The Global Soutn has wised up in the wake of the war in Iraq.
Read more...5 Reasons Why Much of the Global South Isn’t Automatically Supporting the West in Ukraine
The so-called Collective West and the rest of the world have a yawning gap in how they view the war in Ukraine.
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