Richard Wolff & Michael Hudson: The U.S. Weaponized the Dollar, But It Just Backfired

Explore the escalating global crisis triggered by the US oil blockade in the Strait of Hormuz. This video unpacks how weaponizing energy choke points is pushing the world toward a massive economic depression, soaring inflation, and a severe sovereign debt crisis. Discover the geopolitical strategies behind US demands, the threat of tactical nuclear weapons, and the collapse of international maritime law. We also analyze the resurgence of settler colonialism, the hypocrisy of the "War on Terror," and how imperial overreach is accelerating global de-dollarization. Understand the structural shifts reshaping the global economy and the decline of empire. Hosted on Acast. See acast.com/privacy for more information.