I don’t know when American authorities will serve their own citizens with honesty, dignity and integrity. They have voted for them but they received slapped on their face.
The US regime's political system is more a game of musical chair; with only 1 chair in play; with 2 players. It either the Devil or Satan taking turns occupying that chair.
It does seem bizarre that the United States promotes a free market ideology and then imposes sanctions and interference -- essentially the exact opposite of free markets -- to maintain its already very unfair and unfree advantage in the market. Naturally, this will simply leave the US out of the new markets that emerge in response. Even by their own rationale, this is just neo-mercantilism. However, the best outcome would be that the US simply becomes another nation no more powerful or influential than any other in the world, and then all that military budget can go to improving the nation and the world rather than making it worse.
You hit the nail on the head. We don't have free markets anymore. They are part of the wealth extraction process - run for and by the 1%. It has erupted into neo-feudalism. Our governments are there for the 1% and our democracy only gives lip service. We elect the same types and just shuffle faces. Our leaders are all for sale as long as it doesn't look too obvious.
Since WWII, the rest of the world has been reluctantly subservient to the dictates of American plutocrats. Is it any wonder that those national entities are enjoying a sense of liberation and schadenfreude? It is liberating for ANY human being to see a blow-hard bully get "called-out" for his presumption and arrogance. When a large portion of the world shares those emotions, the bully is due for some genuine soul-searching.
Couldn't have said it better. But that bully is more dangerous to the other aspiring hegemons: the feeling they have about their almost " God given' mission to "spread democracy " , convinced their power make the rest of the world better and happy and more orderly, is kinda frightening. This messianic belief is comparable to what the religious extremism such as Isis abide to. Therefore , the part of "soul searching' the large portion of the world would want from the bully , would never materialize
Why the hell do we, the people, have to choose between repressive and plutocratic capitalist hegemonies? That's like asking if you want to be imprisoned in this prison or that one? I reject both capitalist hegemonies. BRICS won't tread workers better than the Western alliance does.
@@xena6894 I don't get the sense that the new world order is motivated by a messianic mission. And neither was the old. They might have used "spreading democracy" as their propaganda narrative, but that was never their real motivation. It was always about self-enrichment and control of resources.
Ultimately, what the Ukraine War represents is the indifference of plutocratic global leaders to the suffering of others. It also represents the naiveté and subservience of whole populations to unscrupulous leaders whose intentions are economic and self-serving, and who utter hyperbolic protestations of noble self-righteousness while they are dealing nothing but death and destruction. It truly is a form of lunacy. And the fact that so many people fail to acknowledge that lunacy is another form of cultural lunacy that is terrifying in its implications.
Be specific. Exactly who is dealing death? Perhaps you mean Putin who simply marched into Ukraine and took over Crimea? When nobody did too much about it, first of all because Ukraine couldn't do much and second of all because all of Europe and the United States wanted to avoid direct confrontation with Putin, he then went in to take the rest? Is that what you mean? Are you advocating some kind of negotiation in which Ukraine gives up territory for a cease fire only to have Putin retool his ragged ass army and try again later? Or do you accuse Ukraine of invading Russia? Of being Nazified? Of wanting to be a NATO member? Are any of those things reasons to try to take over the country? Ukraine did not threaten Russia. Both countries have Nazi elements as does the United States and most of Europe. Nazis are a disease that recurs it seems. NATO wasn't going to admit Ukraine anyhow but now it will if this damned war ends and Ukraine is free. To remind you, Ukraine threw out a Russified puppet leader. Corruption was an issue as it is in Russia, I might add. They had an election. They had separated from the former Soviet hegemony as had other now independent nations. Nato denied Ukraine membership for two reasons. First they were insufficiently militarized to meet NATO's standards and second because they didn't want a conflict with nuclear armed and aggressive Russia. Well, after a lot of war, NATO has gotten more expansive. Putin stepped in a pile of **** and he has got to live with the smell. But Ukraine did not start this war. Putin ALWAYS said that he wanted to reconstruct the Socialist hegemony. Oh if only Socialism were the issue. It isn't. Imperialism and power are the issue here. All the misery, death, propaganda and ruin is Putin's fault. When you say it's a mess you are correct but whose mess are you referring to? Cryptic remarks and generalizations are not helpful in understanding what is happening in Ukraine.
same. sick sick nation.....so very much into war, making $ on war (heres lookin at you cheney bush clinton obama and on and on....) ntm rows of war toys for kids in any given toy store kinda sums it up. and the endless guns domestically. pathetic. tragic nation.
BRICS: He says the invasion has accelerated “a coming together of Russia, China, India, Brazil, South Africa, and now another list of 10 or 20 more economies eager to join … BRICS.” To the extent BRICS becomes successful (and that remains to be seen), it poses little economic threat to the U.S. or any other “western” country. Almost all the countries that are in BRICS or want to join BRICS are close allies of the U.S. and other western countries (Brazil and India are allies, and among the countries that want to join, Egypt, Argentina, Mexico, Nigeria, and Saudi Arabia are all allies on some level or another). If the BRICS countries do well (and, being of Nigerian origin myself, I hope they do well economically), that doesn’t mean the U.S. suffers. BRICS is not some kind of enemy of the U.S.!
It is a competitor. Since the USA stands for freedom and democracy they, naturally, do everything in their power to stop competition and rig the game in their favour! smh
Wolff fans buy his marxist bullshit. 3:53 Wolff it doesn't work never will. I suggest you folks listening could google Peter zeihan for a realistically astute demographic analysis
The US has almost completely de-industrialized and financialized its economy such that most of its income is derived from manipulating money rather than producing real goods and services that other countries want to purchase. More specifically, the US has manipulated the global financial system such that it extracts monopoly, economic and land rents from the goods and services of other countries rather than produce these goods and services itself. Not being required to pay the overhead required to actually make things greatly enhances profit. This type of income is called “economic rent” and is the opposite of a “free market.” Economic Rent is in essence a tax on the the goods and services of other countries and represents negative value added. Former French finance minister Valéry Gescard d’Estang called this the “exorbitant privilege” of the United States. When the US actually made things of value that it sold to other countries in the 1950’s-1970’s, this wasn’t too big a deal. However, with a de-industrialized, financialized US economy, this economic rent extraction is a major drag on the economies of other countries and is no longer tolerable. That is the original impetus for de-dollarization. The manipulation of the global economy via the use of sanctions by the US to achieve political dominance is an egregious abuse of power and has greatly hastened de-dollarization.
Brilliant write up. One of the ways through which this economic rent is extracted is the seigniorage of the US dollar. The privilege of the US dollar being the global reserve currency allows it to export its inflation to other countries after printing recklessly to buy up its own treasuries aka quantitative easing which artificially inflates its economy. To solve the resulting inflation, the US Fed increases its policy rates to extort the world and force a recession (aka demand destruction) which enables US corporations to buy up resources for cheap. This leads to drastic depreciation of currencies around the world. For countries in the global south specifically, with the help of globalist institutions like the World Bank & the IMF and their “structural adjustment/neoliberal ” policies, countries become trapped in a debt cycle through the privatization of profitable SOEs. With a loss of revenue to fund critical infrastructure and budget deficits, countries turn to the Eurobond markets which is dominated by US banks and European FIs. With the backing of unlimited money printing capacity of the US Fed and artificially low costs of funding (QE), they buy up resources and SOEs for cheap in distressed economies and countries lose their economic sovereignty. These countries are then forced to implement policies that go against their national interests with threats of economic sanctions. Welcome to neocolonialization of the 21st century.
I can not spread these videos to anyone that I know because they would verbally attack me and not believe it anyway, sometimes I wish I was stupid as everyone else and could enjoy the ignorant bliss that they live in.
May God Bless Prof Richard Wolff For Bringing The Truth to us. We Love his Channel. We pray for him & his Channel. May God Bless him. The World Needs More & More Good, Genuine, Honest Human Beings Like him. May God Bless him. We all must support him. Thank You.🎉🎉🎉🙏🙏🙏💐💐💐🌹🌹🌹🌷🌷🌷🌺🌺🌺🌼🌼🌻🌻🌻👍👍👍🙂🙂🙂.
Thank You Mr. Wolf for being so generous with your time and expertise andhelping me understand how the world's economy works and much more. I came upon yr channel by accident . But I am very happy and grateful for it . I think we all can feel something ain't right, but some are just in denial and that probably isn't going to help the situation as you well say. I will anxiously be waiting for your next video.
One needs to be pragmatic, especially in a changing environment. The US and the collective West are sticking to their old tactics, which will not work today because of rising powers emerging elsewhere. The often quoted so-called "Rules based international order" is essentially American rules and orders. Why should other sovereign nations obey and be subservient to them? African nations have learnt to disobey the West, which slaved and looted African resources. It has been said that Africa is under-developed. The truth is, Africa has been over exploited. The Global South are now forming a formal and informal alliance to counter the West, seeing China miraculously emerging from a poor country to the second largest economy in 40 years. They want to emulate China's success and break free from those colonial days.
so very well said. another way to say it: usa s endless wars, exploitation of x y z worldwide, endless elevating corporations & top percenters to status of kings/mafia lords......within a few years a lions share of large u.s. cities look like jakarta (read: endless homeless crime & massive margin between top percenters and rest of the (impoverished) nation. tragic.
The conflict has been a great boon for Russia, China, India, and most of the Global South and a corresponding disaster for the Global North on the matter of commodities alone!
Agreed. Probably the biggest factor on this issue is that the western countries in general have lost a substantial portion of its manufacturing capacity to China and it is manufacturing that forms the base of any economy. Russia has a relatively close relationship with China and has been dealing with other growing manufacturing economies such as India so there’s a very good chance that prior to the invasion of Ukraine they knew that sanctions would be of little value to the western nations. This is not a short term issue, I suspect that we will see a relatively rapid decline in the global influence and economic clout of western nations. Interesting times….
I was in the middle of the video but then I Pro. Wolff stroke me with the words saying that " the US had bet on the wrong horse ". What a kind of cocktail, a sense of humor mixed with a taste of bitterness.
Love this guy. He's a brilliant , from my Pan Africanist Cadre Proletariats' opinion. Finally, someone who speaks about OUR REALITY!? Wolf is a badass political science professor. Regardless of your position,in my opinion. Keep the great dialogues coming ,Prof. Wolf. Inspiring me to get active in grassroots organizing again!! The dialectics of materialism, is key people. It's not how to get the power... but exactly ( step by step) what to do with the power, when it's in YOUR hands!!
Dear Mr. Wolff, it is a pleasure to discover your channel with such clear and realistic ideas about global geopolitics, and your courage to pierce the bubble and expose the reality that many refuse to see. I'm from BRAZIL, a country that holds the seventh largest foreign currency reserves in world dollars, 356 billion dollars in reserves. We condemn at the UN the attitude of our trading partner Russia in invading its neighbor Ukraine, but we also condemn the worrying expansion of NATO in its borders, co-opting all ex-USSR countries, isolating and worrying RUSSIA, we did not adopt economic sanctions, nor exclusion from the rapid system, nor do we support them, because today it is Russia, but tomorrow it could be us, we are in the same boat and very dependent on a system that has proven to be unreliable, therefore there are already 40 nations that intend to join BRICS, where there is already its own development bank functioning, a system analogous to Swift is being finalized and a currency or a basket of currencies backed perhaps by gold could be presented at the next meeting and increasingly Europe and the United States may be isolating themselves from the global south
After the de-dollarization, it would be interesting to see the U.S. makes money by working instead of just print money without working. It's an exciting time. Hope it happens soon.
The interview with Diego Ruzzarin brought me here, very interesting analysis and information, the way he explains got me subscribed here. Thanks for sharing your knowledge Professor 👏
Russia sells oil and gas to other places, yes, but at lower price. Russia's state budget having some issues because of this, so saying sanctions didn't do anything is not true.
Congratulations on your chanel! It's been a pleasure listening to you explaining about socialism and the TABU it involves. I feel the world lost a lot of time because we were never taught and encouraged to talk about it. Thank you.
I have a question for you. The world is supposedly $220 Trillion in debt. I recently tried to find out how much of that debt is owed to "Central Banks". My searches came up Empty and as we know the Internet is censored. But to whom do all these countries owe money to? This I believe is an extremely important question. China is in debt as is the U.S. So, who are all these shadowy entities we are enslaved to? I hope you can answer my question. If you can't, then who could? I appreciate all you do....🙂
Hey Richard- appreciate the video and your work to shed new light on these topics which are ever present in our lives. In this video and a few others, you have discussed an emerging new global currency- often spoken of as a conglomerate of other currencies- and I was hoping you could point me towards a way to learn more about this. It sounds believable, but just vague enough to where I'm having trouble finding more details on this theoretical ascendant currency. Thanks to you or anyone else seeing this comment who might be able to show me to some specifics!
Quite impressive but how!!?know it’s possible, my colleague at work got her first investment return of $35k after two weeks and she quit the job, I would appreciate if you show me how to go about it...
I’ve been hearing lots of good things about trading & investments with Mr Thomas George and how good he is and how he keeps changing lives of his clients around the world...
There's something I don't understand. Russia now sells oil and gas to countries other than Europe like China and India. But where did Chine and India get their oil and gas from before? And doesn't demand decrease in the countries where they bought it before? In total (worldwide) the usage of oil and gas must be the same amount. Isn't it the transfer of buying and selling? and if India and China can now buy cheaper gas and oil, won't that eventually push the price down? Especialy when Europe invests in green energy and buy LNG and oil and gas in other countries. There is no sudden shortage, is there?
There is no shortage, because the induced inflation reduces demand. Currently, governments are cutting taxes or offer additional subsidies to prevent a public outcry. But sooner or later, the prices will have to be paid by the people.
Let me give you an answer from India. This country buys a lot of oil from Russia, but little of that goes to domestic consumption. A few oligarchs refine it and resell it to Europe, thus making their money (this is an understatement). The oil travels for longer, thus wrecking the environment more. Europe pays more than it would have before. Russia has rupees that it can't spend. No one wins except oligarchs and US defence contractors. Anti-west sentiment calls this a failure of the west, and it is, but no one else benefits as well. I will confess to you, as a brown man in an erstwhile colonized country (whose repercussions can be felt today), I too harbor anti European sentiment (I don't defend it, it hurts me the most). But it would be an untruth to say that the Global South is benefitting. Aka, the world is ever increasingly fucking itself.
Ask Dr Wolf- has anyone studied the effect that the imposition of official Government policy position has effected the financial situation of Private Corporations, i.e. profit, market position or employment policy?
Not necessarily against just Russia... more like the USA is losing it's privileged position as the world's reserve currency. This is having a detrimental effect on the dollar because it means we can't draw on unlimited debt. Which means that cheap debt is a thing of past in the USA... and interest rates have to go up. Meaning inflation, recession and ultimately depression on the economic front, as the truly massive debt bubble that we've enjoyed as a result of the petrodollar goes... pop. We see this happening in the real estate market as Blackrock falls apart. Blackrock is a real estate bank and it is so heavily leveraged in property that any increase in interest rates drives down the value of the company. Which is why it's defaulting. Trillion dollar corporations going down is a great indication that yes, the USA is losing the economic war. We currently have 29% of the world's governments under sanctions. Sanctions that are now isolating the USA instead of forcing others to the USA's political will.
Great vid,thanks❤ i,m Dutch so i,m worried about the eu power grab over the eu governments!! And involvement of the wef. Hopefully you can chear me up about this. It really fears me,eu/ wef. Thanks again ❤
Each country involved in BRICS uses it's own currency when trading on the international market. This is a radical departure from the petrodollar decades, that had all countries using the dollar to trade... especially for oil. This is how you get rid of a unipolar world. You allow everyone an even opportunity to trade without requiring that they pay a financial tribute to the USA.
@@andersaskjrgensen5468 This is not true. Each country in BRICS uses it's own currency. The point is to replace the unipolar world with a multipolar world. So it's not replacing one unipolar currency with another.. it's doing away with the whole idea of having one reserve currency.
Prof. Wolf. I heard Black Rock and Vanguard, the two largest asset management monopolies in the world, are buying Ukraine assets and commodities for pennies in the dollar. Zalensky opened up Ukraine for buying and trading on the stock market a month ago. China's president offered a proposal to Zalensky two weeks ago, but having negotiated with Vanguard and Black Rock its clear Europe and Ukraine are opposed to any alignment with China. Is this legal since Zalinsky was appointed and never officially elected. What will Putin's response be.
I quote from comments from another channel: “Listening to Richard Wolff talk about economics is like listening to a nine year old talk about how pro wrestling is all real.“ Of course, in the interests of freedom of expression, it’s important that Wolff have the freedom to embarrass himself.
In 1988, when I returned from 14 months in the PRC, I had met an economist who told me that the literacy rate of a nation can predict its economic future. Considering that the literacy rate in the PRC was over 99% and the USA had a large fraction of the population unable to read and a significant high school drop out rate, it was clear to me that the PRC was going to economically rule the world. At the time, 35 years ago, I asked people how they felt about the ¥uan replacing the dollar$? Everyone was shocked at the notion. No one could imagine a backwards "3rd world country" overtaking the American economy. Yet, American Capitalists brought about the nation's own economic demise with xenophobia, hubris, eliminating import tariffs (which fund the federal government) and offshoring most manufacturing to China. Now Biden is saber rattling rather than building the civilian economy. "War is a Racket" by Smedley Butler.
In your opinion, what should be done when an independent country of Europe is being illegally invaded since 2014? Should we allow the destruction of Ukraine? What is tour idea about Putin?... Why are you always obsessed in showing the negative aspects of the US, negative aspects that everybody knows?...Of course there is only a way out of this: is to agree that Ukraine is in the side of reason and justice. Just think of millions of people whose life was destroyed by the Russian invasion.
UTTER BULLSHIT! The West has always wanted to destroy Russia. It simply saw an opportunity. Ukraine provoked Russia just look at what happened in 2014. Russia reluctantly got involved and eventually if Russia did nothing, Ukraine would have invaded Russia (or tried anyway). As for Ukraine been on the side of Justice and reason DON'T MAKE ME LAUGH!!!!!!! Say that to the victims of the Donbass from 2014 onwards!
Comparatively, using cosmological terms, the West was a supernova that became a white dwarf, or in more common terms, it was a balloon that was punctured and deflated, the peak that made it deflate was the war in Ukraine, the whole world saw what has been waiting to be seen for 500 years, that the West is a paper tiger. They saw that a group of mercenaries that used to travel around Africa defeated the powerful Nato. It wasn't a pretty picture!
This all makes sense to me. But I have to ask… What should the American response to Russia’s invasion of Ukraine have been? Was the US response influenced by government military contractors out for big profit? Was the threat of continued Russian land grabs realistic?
@@ALEXRUSSIANOCCUPANT - Oh, I have asked that question myself. Clearly, the USA invaded Iraq for false motives. Just as they fabricated a false attack by North Vietnam in the Gulf of Tonkin, the USA used the false claim that Saddam had weapons of mass destruction...just a flimsy pretext to invade. Aggressive nations will offer up rationales to disguise their real aims. It does seem to me that Russia is on a path to regain dominance over its former Soviet era republics.
@@renzo6490 When being menaced by the USA I would have thought that would have been an existential necessity on the part of Russia: either Russia recreates defensive buffer states like it did after world war 2 in the form of the Warsaw Pact, or the USA will form offensive NATO states like Nazi Germany did instead. It's a case of who gets to control the strategic middle ground. Hopefully, it can become neutral and their will be no need for these divisive military alliances and neither Russia nor the rest of Europe will feel threatened by the other.
We certainly need these conversations in order to solve our many probems. We need to change our anti-democraic United States Constitution and economic system. I agree with you that democratizing the workplace is the next step for socialism to go. Hopefully, the 60% of us who are not satisfied with our government will understand that, and help push for it. Thank you for providing the truth that will someday lead us to enjoying democracy at work!
The major issue will be the local ruling class of the BRICS countries. Many of which are aligned with the US. I mean, Brazil has just been through a coup and a fascist president.
I just watch this velog on December 25, 2023 and all the analysis are proving true. Like always Professor Wolf will tell you the truth bluntly that the people in power do not want to hear. We appreciate all the scholars who do not follow propegha but follow their true intellect.
I dont pretend to be as smart as the learned professor, but I am surprised that he only scratches the surface here. Yes, he is correct many countries around the world are doing business with Russian based energy corporations which had no problem finding markets for energy exports. Many so called American companies did the same and ignored/circumvented US imposed Iranian sanctions, some years ago. The Ukraine war is a money maker for corporations selling the weapons. The elected or otherwise appointed leaders of any country today for the most part are annointed and have a certain amount of access and control over that countrys miliatry, that is where their usefullness and limited power lie. The military by extension do the bidding of International Global Corporations by securing and allowing access to markets. In the case of Ukraine the United States government has no need to send American troops. The local people are doing the fighting and if Ukraine becomes independent, then global corporations will have a new market and proxy state paid for with Ukrainian blood. What the professor fails to stress is that these Global corporations, always in search of new markets have absolutely No Allegiance to Any Country; they are not capitalist, they are not marxist, they are not socialist - they are profiteers and nothing more. Countrys today (irrespective of their so called political structure) are mere political constructs used to enslave the population and give access to that slave populations military based on reciprocity and considderations btwn said global corporation and said nation/state/govt leaders. Govt leaders determine to what degree their military is for sale, usually greased palms suffice.The big picture is fairly simple to understand, dont know why the professor does not share.
In view of your opinion that US sancti9ns on Russia are strengthening the BRICS alliance, do you think it would have been better to have some combination of not helping Ukraine and not sanctioning russia?
the chinese and indians are buying Russian oil much cheaper than Europe would have. it's putting a hole in russian budgets. and the ruble is at 92 to the dollar as of today. that is not at pre-invasion levels (more like 70). and that is with major controls on the currency--regular Russians couldn't hope to get that exchange rate on the street. i know everyone has a narrative, but some of the thing you're saying are just not true. and India and China don't even like each other. let's be real. and China only uses Russia; it's not a true friend--they just have a common enemy in the US.
I think most of wars in modern era is about the ego of some people to gain economic or politic profits. Even they who wage a war in the name of religion or ideologi is just looking for profits.
Я заранее прошу извинения что не пишу на английском. Физически не могу..надеюсь интернет переведет. Господин Вульф интересный профессор..но я боюсь что как и любого профессора институции доят до конца. Извините профессор..что вот прям так пришлось написать.
I don’t know when American authorities will serve their own citizens with honesty, dignity and integrity. They have voted for them but they received slapped on their face.
there is no democracy under true capitalism
The US regime's political system is more a game of musical chair; with only 1 chair in play; with 2 players. It either the Devil or Satan taking turns occupying that chair.
We are their duped population, nothing more. 😮
It does seem bizarre that the United States promotes a free market ideology and then imposes sanctions and interference -- essentially the exact opposite of free markets -- to maintain its already very unfair and unfree advantage in the market. Naturally, this will simply leave the US out of the new markets that emerge in response. Even by their own rationale, this is just neo-mercantilism.
However, the best outcome would be that the US simply becomes another nation no more powerful or influential than any other in the world, and then all that military budget can go to improving the nation and the world rather than making it worse.
You hit the nail on the head. We don't have free markets anymore. They are part of the wealth extraction process - run for and by the 1%. It has erupted into neo-feudalism. Our governments are there for the 1% and our democracy only gives lip service. We elect the same types and just shuffle faces. Our leaders are all for sale as long as it doesn't look too obvious.
Precisely
U$ should have done what you mentioned "improve the nation and the world" but TOO BAD because the situation now is like a river of NO return!
Johnathan,- Your last paragraph is what Vladimir Putin has been saying for at least twenty years.
@@tonybenn1000 So have I. He probably took it from me, I'm sure.
Mr.Richard Wolf is truthfully analysing the Ukrine war.GBU
Since WWII, the rest of the world has been reluctantly subservient to the dictates of American plutocrats. Is it any wonder that those national entities are enjoying a sense of liberation and schadenfreude? It is liberating for ANY human being to see a blow-hard bully get "called-out" for his presumption and arrogance. When a large portion of the world shares those emotions, the bully is due for some genuine soul-searching.
Couldn't have said it better.
But that bully is more dangerous to the other aspiring hegemons: the feeling they have about their almost " God given' mission to "spread democracy " , convinced their power make the rest of the world better and happy and more orderly, is kinda frightening. This messianic belief is comparable to what the religious extremism such as Isis abide to. Therefore , the part of "soul searching' the large portion of the world would want from the bully , would never materialize
Why the hell do we, the people, have to choose between repressive and plutocratic capitalist hegemonies? That's like asking if you want to be imprisoned in this prison or that one? I reject both capitalist hegemonies. BRICS won't tread workers better than the Western alliance does.
Evil self- riteous US government
Beautifully, perfectly said!
@@xena6894 I don't get the sense that the new world order is motivated by a messianic mission. And neither was the old. They might have used "spreading democracy" as their propaganda narrative, but that was never their real motivation. It was always about self-enrichment and control of resources.
Ultimately, what the Ukraine War represents is the indifference of plutocratic global leaders to the suffering of others. It also represents the naiveté and subservience of whole populations to unscrupulous leaders whose intentions are economic and self-serving, and who utter hyperbolic protestations of noble self-righteousness while they are dealing nothing but death and destruction. It truly is a form of lunacy. And the fact that so many people fail to acknowledge that lunacy is another form of cultural lunacy that is terrifying in its implications.
Well said and well OBSERVED
World War Z, indeed.
Ahmm... You're on the internet. You gotta use layman terms, for less eloquent idiots like me LOL
Be specific. Exactly who is dealing death? Perhaps you mean Putin who simply marched into Ukraine and took over Crimea? When nobody did too much about it, first of all because Ukraine couldn't do much and second of all because all of Europe and the United States wanted to avoid direct confrontation with Putin, he then went in to take the rest? Is that what you mean? Are you advocating some kind of negotiation in which Ukraine gives up territory for a cease fire only to have Putin retool his ragged ass army and try again later?
Or do you accuse Ukraine of invading Russia? Of being Nazified? Of wanting to be a NATO member? Are any of those things reasons to try to take over the country? Ukraine did not threaten Russia. Both countries have Nazi elements as does the United States and most of Europe. Nazis are a disease that recurs it seems. NATO wasn't going to admit Ukraine anyhow but now it will if this damned war ends and Ukraine is free.
To remind you, Ukraine threw out a Russified puppet leader. Corruption was an issue as it is in Russia, I might add. They had an election. They had separated from the former Soviet hegemony as had other now independent nations. Nato denied Ukraine membership for two reasons. First they were insufficiently militarized to meet NATO's standards and second because they didn't want a conflict with nuclear armed and aggressive Russia. Well, after a lot of war, NATO has gotten more expansive. Putin stepped in a pile of **** and he has got to live with the smell. But Ukraine did not start this war. Putin ALWAYS said that he wanted to reconstruct the Socialist hegemony. Oh if only Socialism were the issue. It isn't. Imperialism and power are the issue here.
All the misery, death, propaganda and ruin is Putin's fault. When you say it's a mess you are correct but whose mess are you referring to? Cryptic remarks and generalizations are not helpful in understanding what is happening in Ukraine.
The madness of crowds
Poltiicans' attitude talking and acting as if all the previous war waged by the US was supported by the people makes me sick to the stomach
Well said
same. sick sick nation.....so very much into war, making $ on war (heres lookin at you cheney bush clinton obama and on and on....) ntm rows of war toys for kids in any given toy store kinda sums it up. and the endless guns domestically. pathetic. tragic nation.
BRICS: He says the invasion has accelerated “a coming together of Russia, China, India, Brazil, South Africa, and now another list of 10 or 20 more economies eager to join … BRICS.” To the extent BRICS becomes successful (and that remains to be seen), it poses little economic threat to the U.S. or any other “western” country. Almost all the countries that are in BRICS or want to join BRICS are close allies of the U.S. and other western countries (Brazil and India are allies, and among the countries that want to join, Egypt, Argentina, Mexico, Nigeria, and Saudi Arabia are all allies on some level or another). If the BRICS countries do well (and, being of Nigerian origin myself, I hope they do well economically), that doesn’t mean the U.S. suffers. BRICS is not some kind of enemy of the U.S.!
It is a competitor. Since the USA stands for freedom and democracy they, naturally, do everything in their power to stop competition and rig the game in their favour! smh
Wow! A sane viewer ! 🤔 ( "Green Fire", London UK ) 🌈🦉
With the rediculous over use of US economic sanctions in recent years who would blame countries moving away from the use of US dollars.
Wolff fans buy his marxist bullshit. 3:53 Wolff it doesn't work never will. I suggest you folks listening could google Peter zeihan for a realistically astute demographic analysis
I listen to Prof Wolff everyday. He sees it for what it is and insightful.
Great analisis, Prof Wolff. Thank you.
The US has almost completely de-industrialized and financialized its economy such that most of its income is derived from manipulating money rather than producing real goods and services that other countries want to purchase. More specifically, the US has manipulated the global financial system such that it extracts monopoly, economic and land rents from the goods and services of other countries rather than produce these goods and services itself. Not being required to pay the overhead required to actually make things greatly enhances profit.
This type of income is called “economic rent” and is the opposite of a “free market.” Economic Rent is in essence a tax on the the goods and services of other countries and represents negative value added. Former French finance minister Valéry Gescard d’Estang called this the “exorbitant privilege” of the United States. When the US actually made things of value that it sold to other countries in the 1950’s-1970’s, this wasn’t too big a deal. However, with a de-industrialized, financialized US economy, this economic rent extraction is a major drag on the economies of other countries and is no longer tolerable. That is the original impetus for de-dollarization.
The manipulation of the global economy via the use of sanctions by the US to achieve political dominance is an egregious abuse of power and has greatly hastened de-dollarization.
Brilliant write up. One of the ways through which this economic rent is extracted is the seigniorage of the US dollar. The privilege of the US dollar being the global reserve currency allows it to export its inflation to other countries after printing recklessly to buy up its own treasuries aka quantitative easing which artificially inflates its economy. To solve the resulting inflation, the US Fed increases its policy rates to extort the world and force a recession (aka demand destruction) which enables US corporations to buy up resources for cheap. This leads to drastic depreciation of currencies around the world.
For countries in the global south specifically, with the help of globalist institutions like the World Bank & the IMF and their “structural adjustment/neoliberal ” policies, countries become trapped in a debt cycle through the privatization of profitable SOEs. With a loss of revenue to fund critical infrastructure and budget deficits, countries turn to the Eurobond markets which is dominated by US banks and European FIs. With the backing of unlimited money printing capacity of the US Fed and artificially low costs of funding (QE), they buy up resources and SOEs for cheap in distressed economies and countries lose their economic sovereignty. These countries are then forced to implement policies that go against their national interests with threats of economic sanctions. Welcome to neocolonialization of the 21st century.
Well put
Perfect
And they’re still not changing course.
@@clickx8845🎉🎉🎉🎉🎉😢
I can not spread these videos to anyone that I know because they would verbally attack me and not believe it anyway, sometimes I wish I was stupid as everyone else and could enjoy the ignorant bliss that they live in.
It is important to speak up even when you suffer for it. Doing so prevents the fanatics from proceeding to the next step of fanaticism... cleansing.
@@blogintonblakley2708 well when you put it that way I guess you’re right
@@JEWSWITHTATOOS Being a dissident is a serious responsibility.
I commend your efforts.
They are afraid of truth because they afraid no longer able to live like what they getting used to.
If you could turn just one person around from their brainwashed way, your effort is rewarded.
Sanctions is a war without guns... even worse for poor countries but Russia is a giant!
Another beautiful lesson. Thank you very much Professor.
May God Bless Prof Richard Wolff For Bringing The Truth to us. We Love his Channel. We pray for him & his Channel. May God Bless him. The World Needs More & More Good, Genuine, Honest Human Beings Like him. May God Bless him. We all must support
him. Thank You.🎉🎉🎉🙏🙏🙏💐💐💐🌹🌹🌹🌷🌷🌷🌺🌺🌺🌼🌼🌻🌻🌻👍👍👍🙂🙂🙂.
its a pleasure to hear someone with a degree instead of news media trained at mcdonald
And that McDonalds head office is in DC.
Vivà le Prof Wolff
Stay blessed 🙏
Excellent presentation 👏
From Pakistan 🇵🇰🇵🇰
Brilliant analysis ❤
How did anyone not see this coming on day 1 of the special military operation?
many, many did.
Absolutely on the spot.
Thank you for providing an insight in current world geopolitical landscape.
Thank You Mr. Wolf for being so generous with your time and expertise andhelping me understand how the world's economy works and much more. I came upon yr channel by accident . But I am very happy and grateful for it . I think we all can feel something ain't right, but some are just in denial and that probably isn't going to help the situation as you well say. I will anxiously be waiting for your next video.
One needs to be pragmatic, especially in a changing environment. The US and the collective West are sticking to their old tactics, which will not work today because of rising powers emerging elsewhere. The often quoted so-called "Rules based international order" is essentially American rules and orders. Why should other sovereign nations obey and be subservient to them? African nations have learnt to disobey the West, which slaved and looted African resources. It has been said that Africa is under-developed. The truth is, Africa has been over exploited. The Global South are now forming a formal and informal alliance to counter the West, seeing China miraculously emerging from a poor country to the second largest economy in 40 years. They want to emulate China's success and break free from those colonial days.
International Rule-based Order==>Uncle Sam makes the rules, you follow his orders.
Sometimes, when digging a grave for someone else, you end up in it yourself
so very well said. another way to say it: usa s endless wars, exploitation of x y z worldwide, endless elevating corporations & top percenters to status of kings/mafia lords......within a few years a lions share of large u.s. cities look like jakarta (read: endless homeless crime & massive margin between top percenters and rest of the (impoverished) nation. tragic.
Thanks for sharing and surfacing the truth. 👏👍
The conflict has been a great boon for Russia, China, India, and most of the Global South and a corresponding disaster for the Global North on the matter of commodities alone!
Agreed.
Probably the biggest factor on this issue is that the western countries in general have lost a substantial portion of its manufacturing capacity to China and it is manufacturing that forms the base of any economy.
Russia has a relatively close relationship with China and has been dealing with other growing manufacturing economies such as India so there’s a very good chance that prior to the invasion of Ukraine they knew that sanctions would be of little value to the western nations.
This is not a short term issue, I suspect that we will see a relatively rapid decline in the global influence and economic clout of western nations.
Interesting times….
I was in the middle of the video but then I Pro. Wolff stroke me with the words saying that " the US had bet on the wrong horse ". What a kind of cocktail, a sense of humor mixed with a taste of bitterness.
I 100% agree
Always appreciate your videos.
Unfortunately, this is how empires collapse.
The military industrial complex is winning and America is losing
Very correct
And Rothschild and their lookalikes are funding both sides of the war as usual
@@peanut0brain You could not be more wrong.
It is the US/EU who is funding the Ukraine side. Russia is self funding themselves.
Love this guy. He's a brilliant , from my Pan Africanist Cadre Proletariats' opinion. Finally, someone who speaks about OUR REALITY!? Wolf is a badass political science professor. Regardless of your position,in my opinion. Keep the great dialogues coming ,Prof. Wolf. Inspiring me to get active in grassroots organizing again!!
The dialectics of materialism, is key people. It's not how to get the power...
but exactly ( step by step)
what to do with the power, when it's in YOUR hands!!
As a conservative, I highly agree on your stance about the Ukraine War. Thank you for spreading the truth!
Dear Mr. Wolff, it is a pleasure to discover your channel with such clear and realistic ideas about global geopolitics, and your courage to pierce the bubble and expose the reality that many refuse to see. I'm from BRAZIL, a country that holds the seventh largest foreign currency reserves in world dollars, 356 billion dollars in reserves. We condemn at the UN the attitude of our trading partner Russia in invading its neighbor Ukraine, but we also condemn the worrying expansion of NATO in its borders, co-opting all ex-USSR countries, isolating and worrying RUSSIA, we did not adopt economic sanctions, nor exclusion from the rapid system, nor do we support them, because today it is Russia, but tomorrow it could be us, we are in the same boat and very dependent on a system that has proven to be unreliable, therefore there are already 40 nations that intend to join BRICS, where there is already its own development bank functioning, a system analogous to Swift is being finalized and a currency or a basket of currencies backed perhaps by gold could be presented at the next meeting and increasingly Europe and the United States may be isolating themselves from the global south
Thank you Professor Wolff. Every time I hear your podcasts, I feel like I'm getting a mini economics/geopolitical class.
After the de-dollarization, it would be interesting to see the U.S. makes money by working instead of just print money without working. It's an exciting time. Hope it happens soon.
very informative speech. thanks so much Richard wolff
Великолепный анализ ситуации. Большое спасибо за ясную, объективную картину. Отличный специалист.
The interview with Diego Ruzzarin brought me here, very interesting analysis and information, the way he explains got me subscribed here.
Thanks for sharing your knowledge Professor 👏
Prof. Wolf talks sense and logic. 👍
Excellent analysis
Great analysis ❤
What goes around comes around...
Beautiful Shirt !
Thanks Professor!👍
Russia sells oil and gas to other places, yes, but at lower price.
Russia's state budget having some issues because of this, so saying sanctions didn't do anything is not true.
They drove Russia into China's arms, reduced Russia's dependents on the west and nearly bankrupted most of Europe.
Greetings from Brazil 😊🇧🇷🎶
Who envaded whom? Russia or NATO?! By Minsk accords deception!!!
Recommend to Google and read the article “US Hegemony and Its Perils.”
Congratulations on your chanel! It's been a pleasure listening to you explaining about socialism and the TABU it involves. I feel the world lost a lot of time because we were never taught and encouraged to talk about it. Thank you.
My english is very bad, but i can understand what wolff says very well.
Excelent 🎉
I have a question for you.
The world is supposedly $220 Trillion in debt. I recently tried to find out how much of that debt is owed to "Central Banks". My searches came up Empty and as we know the Internet is censored.
But to whom do all these countries owe money to?
This I believe is an extremely important question. China is in debt as is the U.S. So, who are all these shadowy entities we are enslaved to?
I hope you can answer my question. If you can't, then who could?
I appreciate all you do....🙂
Thanks!
It is amazing how many still have faith in worthless Government/FED fiat money.
You don't use dollars anymore?
Please deposit all of your "worthless fiat money" into my bank account.
Very informative
С благодарностью из России!
Hey Richard- appreciate the video and your work to shed new light on these topics which are ever present in our lives. In this video and a few others, you have discussed an emerging new global currency- often spoken of as a conglomerate of other currencies- and I was hoping you could point me towards a way to learn more about this. It sounds believable, but just vague enough to where I'm having trouble finding more details on this theoretical ascendant currency. Thanks to you or anyone else seeing this comment who might be able to show me to some specifics!
Gold and silver those are the real money's has been for thousands of years and will be for the future !!
I’m favored ,$121k every 4weeks! I can now afford anything and also support God’s work and the church
Quite impressive but how!!?know it’s possible, my colleague at work got her first investment return of $35k after two weeks and she quit the job, I would appreciate if you show me how to go about it...
Yeah ,180k monthly profits! thanks and God bless Mr Thomas George trading services.God gave me vision about him!!
It sounds good , hope you wouldn’t mind to tell me how to go about profiting that much just like you do?
I’ve been hearing lots of good things about trading & investments with Mr Thomas George and how good he is and how he keeps changing lives of his clients around the world...
I’m successful today thanks to Mr Thomas George
War shall Will never solve all these wars Please we live in a civilise world Thank you
Какой умный человек! Приятно слушать, дай Бог ему здоровья! С приветом из России.
Congratulations professor with a new webcam!😁
There's something I don't understand. Russia now sells oil and gas to countries other than Europe like China and India. But where did Chine and India get their oil and gas from before? And doesn't demand decrease in the countries where they bought it before? In total (worldwide) the usage of oil and gas must be the same amount. Isn't it the transfer of buying and selling? and if India and China can now buy cheaper gas and oil, won't that eventually push the price down? Especialy when Europe invests in green energy and buy LNG and oil and gas in other countries. There is no sudden shortage, is there?
There is no shortage, because the induced inflation reduces demand. Currently, governments are cutting taxes or offer additional subsidies to prevent a public outcry. But sooner or later, the prices will have to be paid by the people.
Let me give you an answer from India. This country buys a lot of oil from Russia, but little of that goes to domestic consumption. A few oligarchs refine it and resell it to Europe, thus making their money (this is an understatement). The oil travels for longer, thus wrecking the environment more. Europe pays more than it would have before. Russia has rupees that it can't spend. No one wins except oligarchs and US defence contractors.
Anti-west sentiment calls this a failure of the west, and it is, but no one else benefits as well. I will confess to you, as a brown man in an erstwhile colonized country (whose repercussions can be felt today), I too harbor anti European sentiment (I don't defend it, it hurts me the most). But it would be an untruth to say that the Global South is benefitting. Aka, the world is ever increasingly fucking itself.
@@HominisLupis I feel your pain!
@@helengarrett6378 And I appreciate you, ma'am.
@@HominisLupis The world=Collective west ??
Sir! Great analysis
Hey Richard. I was unsubscribed fromyour channel today by YT. Just a heads up. From both your channels actually.
Mr. Wolf can you also please make a video on if an anti immigration agenda is good for the US in a time like this . Thank You.
Good Information
Ask Dr Wolf- has anyone studied the effect that the imposition of official Government policy position has effected the financial situation of Private Corporations, i.e. profit, market position or employment policy?
América is everything but the land of the free.
Can the U.S. bank failures be interpreted as the US losing the economic war against Russia?
Good question 🤔
Not necessarily against just Russia... more like the USA is losing it's privileged position as the world's reserve currency. This is having a detrimental effect on the dollar because it means we can't draw on unlimited debt. Which means that cheap debt is a thing of past in the USA... and interest rates have to go up. Meaning inflation, recession and ultimately depression on the economic front, as the truly massive debt bubble that we've enjoyed as a result of the petrodollar goes... pop.
We see this happening in the real estate market as Blackrock falls apart. Blackrock is a real estate bank and it is so heavily leveraged in property that any increase in interest rates drives down the value of the company. Which is why it's defaulting. Trillion dollar corporations going down is a great indication that yes, the USA is losing the economic war.
We currently have 29% of the world's governments under sanctions. Sanctions that are now isolating the USA instead of forcing others to the USA's political will.
Haha no.
Denial is strong in this one.
Great vid,thanks❤ i,m Dutch so i,m worried about the eu power grab over the eu governments!! And involvement of the wef. Hopefully you can chear me up about this. It really fears me,eu/ wef. Thanks again ❤
What is the BRICS currency competing with the USD?
there are none
Compete might not be the right word, rather, to free themselves from dollar hegemony. Google and read article US Hegemony and its Perils.
Each country involved in BRICS uses it's own currency when trading on the international market. This is a radical departure from the petrodollar decades, that had all countries using the dollar to trade... especially for oil. This is how you get rid of a unipolar world. You allow everyone an even opportunity to trade without requiring that they pay a financial tribute to the USA.
@@andersaskjrgensen5468 This is not true. Each country in BRICS uses it's own currency. The point is to replace the unipolar world with a multipolar world. So it's not replacing one unipolar currency with another.. it's doing away with the whole idea of having one reserve currency.
Change happens
Prof. Wolf. I heard Black Rock and Vanguard, the two largest asset management monopolies in the world, are buying Ukraine assets and commodities for pennies in the dollar. Zalensky opened up Ukraine for buying and trading on the stock market a month ago. China's president offered a proposal to Zalensky two weeks ago, but having negotiated with Vanguard and Black Rock its clear Europe and Ukraine are opposed to any alignment with China. Is this legal since Zalinsky was appointed and never officially elected. What will Putin's response be.
A very eloquent ,succint and accurate analysis .
Facts do not concern Comrade Wolff.
What facts are you referring to? Please enumerate.
Silly troll.
I quote from comments from another channel:
“Listening to Richard Wolff talk about economics is like listening to a nine year old talk about how pro wrestling is all real.“
Of course, in the interests of freedom of expression, it’s important that Wolff have the freedom to embarrass himself.
how come the slow in uploads?
This professor is realist i think. Hr is a smart and talks the truth
In 1988, when I returned from 14 months in the PRC, I had met an economist who told me that the literacy rate of a nation can predict its economic future. Considering that the literacy rate in the PRC was over 99% and the USA had a large fraction of the population unable to read and a significant high school drop out rate, it was clear to me that the PRC was going to economically rule the world. At the time, 35 years ago, I asked people how they felt about the ¥uan replacing the dollar$? Everyone was shocked at the notion. No one could imagine a backwards "3rd world country" overtaking the American economy. Yet, American Capitalists brought about the nation's own economic demise with xenophobia, hubris, eliminating import tariffs (which fund the federal government) and offshoring most manufacturing to China.
Now Biden is saber rattling rather than building the civilian economy. "War is a Racket" by Smedley Butler.
😅😊 You are thinking exactly how I see the situation ❤
The difference between slaves that can read and slaves that cannot? None.
So what is the name of the currency that competes with the US dollar ? because you forgot to mention it ?
In your opinion, what should be done when an independent country of Europe is being illegally invaded since 2014? Should we allow the destruction of Ukraine? What is tour idea about Putin?... Why are you always obsessed in showing the negative aspects of the US, negative aspects that everybody knows?...Of course there is only a way out of this: is to agree that Ukraine is in the side of reason and justice. Just think of millions of people whose life was destroyed by the Russian invasion.
UTTER BULLSHIT! The West has always wanted to destroy Russia. It simply saw an opportunity. Ukraine provoked Russia just look at what happened in 2014. Russia reluctantly got involved and eventually if Russia did nothing, Ukraine would have invaded Russia (or tried anyway). As for Ukraine been on the side of Justice and reason DON'T MAKE ME LAUGH!!!!!!! Say that to the victims of the Donbass from 2014 onwards!
It’s all over now baby blue!😮
Братский Пролетарский привет
Comparatively, using cosmological terms, the West was a supernova that became a white dwarf, or in more common terms, it was a balloon that was punctured and deflated, the peak that made it deflate was the war in Ukraine, the whole world saw what has been waiting to be seen for 500 years, that the West is a paper tiger. They saw that a group of mercenaries that used to travel around Africa defeated the powerful Nato. It wasn't a pretty picture!
7:00 "Good Old Days" for British Looters, not their Colonies.
This all makes sense to me.
But I have to ask…
What should the American response to Russia’s invasion of Ukraine have been?
Was the US response influenced by government military contractors out for big profit?
Was the threat of continued Russian land grabs realistic?
Read War is a Racket by Smedley Butler for one.
@@G0ldbl4e yes. I know that book.
I wonder how Wolff would answer my questions.
Actually, while Russia invaded Ukraine, you invaded Syria, won't you tell me what the world's reaction to this should be and why there isn't one?
@@ALEXRUSSIANOCCUPANT - Oh, I have asked that question myself. Clearly, the USA invaded Iraq for false motives. Just as they fabricated a false attack by North Vietnam in the Gulf of Tonkin, the USA used the false claim that Saddam had weapons of mass destruction...just a flimsy pretext to invade.
Aggressive nations will offer up rationales to disguise their real aims.
It does seem to me that Russia is on a path to regain dominance over its former Soviet era republics.
@@renzo6490
When being menaced by the USA I would have thought that would have been an existential necessity on the part of Russia: either Russia recreates defensive buffer states like it did after world war 2 in the form of the Warsaw Pact, or the USA will form offensive NATO states like Nazi Germany did instead. It's a case of who gets to control the strategic middle ground. Hopefully, it can become neutral and their will be no need for these divisive military alliances and neither Russia nor the rest of Europe will feel threatened by the other.
We certainly need these conversations in order to solve our many probems. We need to change our anti-democraic United States Constitution and economic system. I agree with you that democratizing the workplace is the next step for socialism to go. Hopefully, the 60% of us who are not satisfied with our government will understand that, and help push for it. Thank you for providing the truth that will someday lead us to enjoying democracy at work!
US have isolated it self and stubbed it self on it foot 🦶and this was Big miss calculation like 3rd grade school student.
The major issue will be the local ruling class of the BRICS countries. Many of which are aligned with the US. I mean, Brazil has just been through a coup and a fascist president.
Jim Rickards have so many books about that.
I just watch this velog on December 25, 2023 and all the analysis are proving true. Like always Professor Wolf will tell you the truth bluntly that the people in power do not want to hear. We appreciate all the scholars who do not follow propegha but follow their true intellect.
I dont pretend to be as smart as the learned professor, but I am surprised that he only scratches the surface here. Yes, he is correct many countries around the world are doing business with Russian based energy corporations which had no problem finding markets for energy exports. Many so called American companies did the same and ignored/circumvented US imposed Iranian sanctions, some years ago. The Ukraine war is a money maker for corporations selling the weapons. The elected or otherwise appointed leaders of any country today for the most part are annointed and have a certain amount of access and control over that countrys miliatry, that is where their usefullness and limited power lie. The military by extension do the bidding of International Global Corporations by securing and allowing access to markets. In the case of Ukraine the United States government has no need to send American troops. The local people are doing the fighting and if Ukraine becomes independent, then global corporations will have a new market and proxy state paid for with Ukrainian blood.
What the professor fails to stress is that these Global corporations, always in search of new markets have absolutely No Allegiance to Any Country; they are not capitalist, they are not marxist, they are not socialist - they are profiteers and nothing more. Countrys today (irrespective of their so called political structure) are mere political constructs used to enslave the population and give access to that slave populations military based on reciprocity and considderations btwn said global corporation and said nation/state/govt leaders. Govt leaders determine to what degree their military is for sale, usually greased palms suffice.The big picture is fairly simple to understand, dont know why the professor does not share.
They absolutely are Capitalists. You need to review your definition.
7:55 ''unified the rest of the world'' ---------------Because they know that if Russia is destroyed THEY are the easy game.
In what fantasy world do you see Russia being defeated?
@@ronstephen-wy4ib NATO reality.
In view of your opinion that US sancti9ns on Russia are strengthening the BRICS alliance, do you think it would have been better to have some combination of not helping Ukraine and not sanctioning russia?
3:07 EU wants war USA vs Russian but not on EU soil. And when the war is over EU wants to enjoy the spoils from Russia and to direct weaken USA
the chinese and indians are buying Russian oil much cheaper than Europe would have. it's putting a hole in russian budgets. and the ruble is at 92 to the dollar as of today. that is not at pre-invasion levels (more like 70). and that is with major controls on the currency--regular Russians couldn't hope to get that exchange rate on the street. i know everyone has a narrative, but some of the thing you're saying are just not true. and India and China don't even like each other. let's be real. and China only uses Russia; it's not a true friend--they just have a common enemy in the US.
The Russian economy is booming.
The Chinese economy is booming.
Remind me again of which ally of the United States is booming?
@@ronstephen-wy4ib yes, Putin bragged of record low unemployment the other day!
@@ronstephen-wy4ib yes, record low unemployment in Russia these days. amazing economic miracle.
The goal wasn’t to end the war, it was to crush Russia.
😂 everyone tried but never succeeded 😊
Do you think Poland Georgia and Ukraine are part of Russia
Could you make a video on Argeintina. I have read and seen many videos claiming socialism was the cause of there fall.
Fascism is the opposite to socialism. It never matters how well a socialist government is doing. Fascism is a sickness that will try to gain power.
I think most of wars in modern era is about the ego of some people to gain economic or politic profits. Even they who wage a war in the name of religion or ideologi is just looking for profits.
Я заранее прошу извинения что не пишу на английском. Физически не могу..надеюсь интернет переведет. Господин Вульф интересный профессор..но я боюсь что как и любого профессора институции доят до конца. Извините профессор..что вот прям так пришлось написать.
That is actually a really nice flag
help each other decentralize political government for democracy with divine free will unity
Only in your mind