Thursday , December 19 2024
Home / Mike Norman Economics / Marco Rubio Accidentally Makes A Great Argument Against US Dollar Hegemony — Caitlin Johnstone

Marco Rubio Accidentally Makes A Great Argument Against US Dollar Hegemony — Caitlin Johnstone

Summary:
The USD as a "nuclear" weapon. It is the preferred weapon in that it leaves everything intact while submitting the recalcitrants to US-elites will. But, ironically, use of the weapon weakens the weapon as other countries develop counters to it, such as alternative payments systems and import substitution that build selfsufficiency.CaitlinJohnstone.comMarco Rubio Accidentally Makes A Great Argument Against US Dollar HegemonyCaitlin Johnstone

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

New Economics Foundation writes Moving forward

Dean Baker writes Health insurance killing: Economics does have something to say

NewDealdemocrat writes Retail Real Sales

Angry Bear writes Planned Tariffs, An Economy Argument with Political Implications

The USD as a "nuclear" weapon. It is the preferred weapon in that it leaves everything intact while submitting the recalcitrants to US-elites will. But, ironically, use of the weapon weakens the weapon as other countries develop counters to it, such as alternative payments systems and import substitution that build selfsufficiency.

CaitlinJohnstone.com
Marco Rubio Accidentally Makes A Great Argument Against US Dollar Hegemony
Caitlin Johnstone

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

Leave a Reply

Your email address will not be published. Required fields are marked *