[ICSS 20250309] Trumponomics & US Empire’s Approaching Crisis — Jack Rasmus

Professor Rasmus will connect the dots between the Trump-Zelensky minerals deal, why the US wants out of Ukraine war and NATO, why DOGE proposes $2T cuts in foreign aid & domestic US spending. Reason: US empire’s maintenance cost is no longer affordable as currently structured and US elites are in process of restructuring it to reduce the cost and to prepare for future competition with BRICS and confrontation with China
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Dr. Jack Rasmus, Ph.D Political Economy, teaches economics at St. Mary’s College in California. He is the author and producer of the numerous books, including The Scourge of Neoliberalism: US Economic Policy From Reagan to Bush (2019), Central Bankers at the End of Their Rope? (2017), and forthcoming The Twilight of American Imperialism (October 2025). Jack is the host of the weekly radio show, Alternative Visions, on the Progressive Radio Network, and a journalist writing on economic, political and labor issues for various magazines, including European Financial Review, World Financial Review, World Review of Political Economy, ‘Z‘ magazine, and others. Before his current roles as author, journalist and radio host, Jack was an economist and market analyst for several global companies, and for more than a decade, a local union president, vice-president, contract negotiator, and organizer for several labor unions, including the UAW, CWA, SEIU, and HERE. Jack’s website is https://www.kyklosproductions.com where his published articles, radio-tv interviews, plays and book reviews are available for download. He blogs at https://jackrasmus.com, where weekly commentaries on US and global economic matters are available. His twitter handle is @drjackrasmus.