Richard D. Wolff & Michael Hudson: Is America Going Bankrupt Sooner Than We Think?

The discussion unpacks the U.S. National Security Strategy’s focus on China as a strategic competitor, revealing how American “security” relies on global control—militarily, financially, and energetically. As de-dollarization and multipolarity rise, the U.S. doubles down on oil dominance, sanctions, and reviving the Monroe Doctrine in Latin America. Meanwhile, Europe’s subservience and internal decay accelerate, and alternatives like BRICS gain traction. The real threat to U.S. power isn’t China’s aggression—but its very existence as a sovereign, self-sufficient model outside U.S. financial hegemony.