The Dollar Devours The Euro

Editor’s note: Economist Michael Hudson has become recognized across the Earth as one the most astute, accurate and insightful observers of world affairs. His most recent article titled “The Dollar Devours the Euro” confirms the correctness inherent in the popular wide acceptance of his consistently valuable – even required – serious observations on humanity’s greatest, ultimately good-or-bad historical developments….


April 08, 2022

By Michael Hudson and posted with the author’s permission

It is now clear that today’s escalation of the New Cold War was planned over a year ago, with serious strategy associated with America’s plan to block Nord Stream 2 as part of its aim of blocking Western Europe (“NATO”) from seeking prosperity by mutual trade and investment with China and Russia.

As President Biden and U.S. national-security reports announced, China was seen as the major enemy. Despite China’s helpful role in enabling corporate America to drive down labor’s wage rates by de-industrializing the U.S. economy in favor of Chinese industrialization, China’s growth was recognized as posing the Ultimate Terror: prosperity through socialism. Socialist industrialization always has been perceived to be the great enemy of therentiereconomy that has taken over most nations in the century since World War I ended, and especially since the 1980s. The…

View original post 1,646 more words

2 thoughts on “The Dollar Devours The Euro

  1. Just an FYI: I Follow the Saker[dot]is, smoothiex12 (A. Martyanov) blogspot, MacGregor futuredefensevisions[dot]blogspot , Moon of Alabama[dot]org, sonar21, and theduran[dot]locals, all have pertinent info on what is really happening on the ground in the Ukraine, not that some of it is not Russian Propaganda – I believe in listening to both sides and trying to weed out the BS. Remember that even under the USSR, the people listened to/read “Pravda”, even though they knew it was Propaganda – what you don’t say is a statement – what you do say, reveals lies or at least a silhouette of the truth. Even Real Clear Politics [dot com] has important stuff buried among their propaganda, if not really revealing about what is happening on the ground. (two important articles from Sunday: “How We Staged a Media Regime Takedown Unverferth & Duffy, The Chicago Thinker”
    “The Commodity-Currency Revolution Begins” Alasdair Macleod, ZeroHedge
    “Response to Russia Could Augur a More Nuclear World” Lawrence Haas, The Hill
    “Can Ukraine Ever Win?” Victor Davis Hanson, American Greatness
    The following three YouTube Sites have lots of pertinent info and videos, but are too wordy for me: SmoothieX12, Alexander Mercouris, and Alex Christoforou. I listen, slogging through them while I read the other sites.


Sober & mature comments are always encouraged. Thank you!

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.