De-Globalization, De-Dollarization, De-Colonization #51

I argue in this podcast that globalization has been a process where Globalists / Neo-colonists:

1. deindustrialize the West, widen its wealth gap, and create a virtual economy (to quote Prof Michael Hudson, "replacing industrial capitalism with financial capitalism")

2. "colonize" the East, extract cheap labor and resources, and install oligarchy and autocracy. China has been a rare exception, while UA has been worst hit

Hence, de-globalization will not lead to re-industrialization of the West. Rather, we'll see economic turmoil and further declining competitiveness. In other words, "de-globalization" doesn't mean two worlds separated. It simply means a de-dollarized, de-colonized, "fairer" economic system, where the West must compete on productivity without the accounting / financial tricks.

I foresee Western Europe becoming the Argentina of the 21st century.

This podcast is available on YouTube, Odysee, and Rumble. You can find my telegram channel t.me/realdrjlt (unfortunately, I didn't know that TG deletes your account if you don't use it for 6 months).