Decline of the US & Europe: Bad Economics, Sanctions, Doomed Rearmament (Prof. James Galbraith)
From New Order with Afshin Rattansi · 00:28:29
Show by Ghaf TV Productions
On this episode of New Order, we speak to Prof. James Galbraith, Author of ‘The Power to Destroy: How Bad Economics Drove America’s Decline’. He discusses the failure of US sanctions against Russia to bring the Russian Federation to its knees and instead gifted the Russian economy more autonomy, the risk of another major European war and the drive towards re-militarisation as Europe’s industries decline, why military Keynesianism will not cause an economic renewal for the US and European countries, China’s de-centralised economic model, the pace of de-dollarisation and whether the move away from the US-dominated financial system is as fast as we think, and much more. Finally, New Order’s Zarah Khan asks questions from you the viewers to Afshin Rattansi. You can send in your questions to be answered to @AfshinRattansi on X to be answered on next week’s episode!
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