Pepe Escobar: US Empire of Debt Headed for Collapse

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Pepe Escobar: US Empire of Debt Headed for Collapse

https://sputnikglobe.com/20230515/pepe-escobar-us-empire-of-debt-headed-for-collapse-1110374196.html

Prof. Michael Hudson’s new book, The Collapse of Antiquity: Greece and Rome as Civilization’s Oligarchic Turning Point” is a seminal event in this Year of Living Dangerously when, to paraphrase Gramsci, the old geopolitical and geoeconomic...

Pepe Escobar: US Empire of Debt Headed for Collapse

Prof. Hudson’s main thesis is absolutely devastating: he sets out to prove that economic/financial practices in Ancient Greece and Rome – the pillars of Western Civilization – set the stage for what is happening today right in front of our eyes: an empire reduced to a rentier economy, collapsing from within.