Can American-led Global Financial Capitalism Survive?

Vie, 05/13/2022 - 14:23 -- bacosta

Trust in the U.S.-led economic and geopolitical order has been eroding. The Russian invasion of Ukraine and the U.S. response to it, whatever its merits, may be the last straw for the global monopoly of the dollar-reserve system.

In 2013, eight years before horned intruders stormed the United States Capitol in the name of a perverse freedom, Council on Foreign Relations President Richard Haass argued in his book Foreign Policy Begins at Home that the greatest threat to American security comes not from abroad but within.

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