Michael Hudson: Russia, China and...
Michael Hudson: Russia, China and Iran Are Building the System America Can't Print Its Way Out Of
Geopolitical Economy Hour di Radhika Desai
27 set 2026
46:09
Note sull'episodio

Is the world quietly reviving a plan the United States buried eighty years ago? Professor Michael Hudson joins me to revisit Keynes' original Bretton Woods proposals, built on balance, capital controls, and the principle that bad debts should be written off rather than enforced into depression. Washington rejected all of it and built the dollar system instead, one designed to keep the world dependent on American credit and American rules. Now Russia, China and Iran are building the alternatives Keynes once imagined, from Lavrov's proposed SCO development bank to China's CIPS system shielding Iranian oil trade from US sanctions, while even the Netherlands has asked Washington to send its gold home. The dollar system is unraveling. The question is what replaces it, and whether the world has the will to build something more balanced this time.

Parole chiave
geopolitical economy
America
China
Xi Jinping
Russia
Iran
BRICS
financial system