Rise and Fall Of The United States Led Neo-Colonial Financial Order: From Bretton Woods To BRICS

Rise and Fall Of The United States Led Neo-Colonial Financial Order: From Bretton Woods To BRICS

June 14, 2023

Geopolitical Economy Report

Ben Norton discusses the rise and fall of US-led neocolonial financial order, from the 1944 Bretton Woods conference that established the U.S. dollar as the global reserve currency.

To the 1971 Nixon Shock that ended the gold standard, Volcker Shock, the so-called, "Third World" debt crisis, and emergence of neoliberalism.

And finally to the historic growth of China and consolidation of the Global South-led BRICS bloc.

Original: https://youtu.be/XTq9P4avOEk

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