How the US dollar system reinforces neocolonialism
Political economist Radhika Desai explains the imperialist nature of the US dollar-dominated financial system, which systematically undervalues currencies, labor, and resources in the Global South. The US often wages war on countries that try to create alternatives, such as Libya and Iraq.
Full video here: https://youtube.com/watch?v=0cQak6RWT6o
‘World becoming more multipolar’, Western hegemony declining, admits European Central Bank: https://geopoliticaleconomy.com/2023/04/19/world-multipolar-hegemony-ecb-lagarde
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