What is the realistic strategy for “de-dollarisation”?
Instead of the chimera of general “de-dollarisation”, the correct Marxist strategy of development pursued by countries such as China should be taken as the model to be studied.
Economics
Global economic destabilisation is “Made in the U.S.” not “Made in Ukraine”
The facts show clearly that, contrary to propaganda by the United States, it was serious errors in U.S. economic thinking and policy which were the most fundamental factor in destabilising the world economy, not the Ukraine war.
Ukraine and the Global Economic War: Barbarism or Civilisation?
Do the Ukraine war and the action of the United States, the European Union, and the United Kingdom spell the end of the dollar as the world’s reserve currency? Even if the peace talks between Russia and Ukraine reach an agreement there will be fallout for the dollar.
Why Sunak and Biden are not Keynes, Corbyn or McDonnell
Austerity measures are integral to the current economic policies of the US and UK. They amount to an all-round attack on wages and the social wage while there is a temporary boost to demand. That is why it is extremely foolish and misleading to compare them to the policies of Corbyn, McDonnell or Keynes.
Even the IMF rejects Trump’s false claim that the US economy is growing fast
US growth during the present business cycle is the slowest in any business cycle since World War II.
US growth under Trump is the slowest under any US President since World War II
This US propaganda claim of ‘strong growth’ is in fact the reverse of the facts. The reality is that far from US growth under Trump being ‘strong’ it is in fact the lowest under any US President since World War II!