"What the United States has done itself is exactly what both Lavrov and President Xi of China have been saying the world must move towards. They’ve been saying we must have a multinational world, multipolar world. We must be de-dollarized. We must cut free of the dollar and isolate, protect ourselves from the United States’ ability to use sanctions, to interrupt our economic activity, to use oil to threaten any country that doesn’t follow U.S. policy from having their energy reserves cut off, to protect countries that don’t produce their own food from being able to buy food and feed themselves... So everybody thought for the last five years: How will Russia and China and their allies, India, Iran, create this new world order? Well, the United States... has destroyed itself."
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Academics from the United StatesNon-fiction authors from the United StatesEducators from the United StatesHistorians from the United StatesEconomists from the United States
Original Language: English
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Grab Bag Imperialism, michael-hudson.com, (31 March 2022)
https://en.wikiquote.org/wiki/Michael_Hudson_(economist)
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Michael Hudson (economist)
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