According to US economist and former Wall Street analyst Michael Hudson, due to sanctions warfare, the US and EU might become failed economies.
The US's attempts to use sanctions to destroy the Russian economy have failed miserably, hurting not only the US but also allies who adopted ineffective economic warfare strategies.
According to US economist and former Wall Street analyst Michael Hudson, surveys conducted in the US reveal that between 70 and 80 percent of respondents believe their nation's economy "is getting worse and is being mismanaged."
According to research conducted by The New York Times, Western companies suffered losses of more than $100 billion after leaving Russia.
In an interview, Hudson maintained that just 10% of Americans benefit from the US's growing gross domestic product, leaving the other 90% of people in poverty.
“So what you are having in the West is a bifurcated economy: it is very good to be a billionaire, it is very good to have stock...
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