Wednesday, June 17, 2009

De-Dollarization: Dismantling America’s Financial-Military Empire: The Yekaterinburg Turning Point

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I realize that many are in disagreement with the premise of Chris Hedge’s article “The American Empire Is Bankrupt,” but what is supportive of Hedge’s argument, and as he recommended reading, is the essay by Prof. Michael Hudson: “De-Dollarization: Dismantling America’s Financial-Military Empire: The Yekaterinburg Turning Point.”

It’s an outstanding essay.

Moreover, if a country could destroy our economic infrastructure, it could make the U.S. economically impotent, then that country could conquer the U.S. without firing a shot. It seems to me that makes America more vulnerable than any weapon, nuclear or otherwise, our enemy might possess.
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