No country has successfully challenged the U.S. dollar’s global hegemony—until now. How did this happen and what will it mean? Foreign critics have long chafed at the “exorbitant privilege” of the U.S. dollar as global reserve currency. The U.S. can issue this currency backed by nothing but the “full faith and credit of the United States.” Foreign governments, needing …
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Herland Report: The Western New World Order: Clearly, America is not leading the “green” new world order, and Biden seems to have no meaningful plan for how to get us there other than radical disruptions to our lifestyle and a heightened reliance on China. When it comes to oil and gas, it seems Biden’s new world order would continue …
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Herland Report: Neocons Sacrifice the Ukrainians: What is the current American neoconservative leadership plan for economic gains from the Ukraine war? Read below Dr. Michael Hudson’s analysis in a recent interview with Aaron Mate on the economic fallout of the Ukraine-Russia war and the American perspective on the economic gains to hope for. Dr. Michael Hudson: “Well, it depends …
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