Katie Halper: Professor Michael Hudson, thank you so much for joining us. We’re really excited to have you. We wanted to start off by asking you if you could provide an overview of what the economics driving this conflict are—and by conflict, I mean the conflict between Russia and Ukraine, and, of course, with the rest of the world, or really the conflict between Russia and US, and the economic fallout.
Michael Hudson: Well, it depends on what side you’re looking at. From the Russian side, I don’t think the economic factors were primary. They were threatened by NATO’s expansion and really a plan to attack the Russian-speaking areas of Ukraine. So, I think Russia’s calculations were simply military. The West’s calculations were quite different.And if you looked at what the results of the conflict are, you have to assume that everybody was talking about the results [as] were known. They’re very clear. The results are a very large increase in fuel prices, oil, and energy prices, a very large increase in agricultural prices with declining supplies. This will leave most of Africa and Latin America—third-world countries, the Global South—unable to pay their foreign debts, which is going to result either in a massive debt default or it will result in a debt repudiation.
https://www.unz.com/mhudson/sociopath-neocons-sacrifice-ukrainians-and-global-poor-katie-halper
Michael Hudson Archive
https://earthnewspaper.com/category/michael-hudson
Subscribe To The EarthNewspaper.com Daily Newsletter
https://EarthNewspaper.com/Subscribe
Support Honest Independent Media
https://EarthNewspaper.com/Donate
Many years ago Anton Le Vays kid had the names of the top 100 members of the Church of Satan on the Internet You won’t find them ever again They were removed about 2 days after I found it. They were all well respected members of the global community.
In the City you know they have the only piece of actually really privately owned land in the world called the Temple.in their is the Temple Bar,tthat is the Rule of Law Globally. .aand the Temple Church.They have their face for the public.They use a very specific version of the Bible from about 1642 that I m pretty sure no one else uses They would have their reasons.
You know of course that it all evves from the TEMPLARS. And the only “Zionism” is from there. The Catholics desire for the Holy Land .
Many years ago Anton Le Vays kid had the names of the top 100 members of the Church of Satan on the Internet You won’t find them ever again They were removed about 2 days after I found it. They were all well respected members of the global community.
In the City you know they have the only piece of actually really privately owned land in the world called the Inns, and within there as you most likely know, is the Temple Bar,tthat is the Rule of Law Globally. .and the Temple Church.They have their face for the public.They use a very specific version of the Bible from about 1642 that I m pretty sure no one else uses They would have their reasons.
You know of course that it all evves from the TEMPLARS. And the only “Zionism” is from there. The Catholics desire for the Holy Land . Its not the Jewish temple It’s the Templars as Catholics. All about Solomon s Temple who of course wasn’t Catholic but was a Jewish. The hatred between Rome and the Jews is exceeded only by their own mutual disingenuiry and pretence s of friendship Like well you know who.