Michael Hudson: De-dollarization is the way to prevent the world from U.S.A.-led militarization

Economist Michael Hudson discusses the trend of de-dollarization amongst the countries of the Global South, the bumpy road to new currencies and financial institutions through BRICS, and how this will affect the dollar hegemony on global trade, country reserves, and finally the economic impact on the U.S.A. itself.

Michael Hudson is president of the Institute for the Study of Long-Term Economic Trends (ISLET), a Wall Street financial analyst, and a distinguished research professor of economics at the University of Missouri, Kansas City.

Part of the discussion at the New Rules podcast. Watching the whole video is highly recommended and it can be found here https://t.me/geopolitics_live/381

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