"Richard Wolff: The US is now slowing down the world's economic development. No one is prepared for what China is about to do ..."

In the video, economist Richard Wolff analyzes how decades of US sanctions, debt-financed government spending and attempts to suppress rivals have backfired - and fueled the rise of a multipolar economy led by China and the expanding BRICS bloc. Wolff explains that Washington now pays tens of billions of dollars in interest annually to Beijing, its biggest strategic competitor, while sanctions against countries from Russia to Cuba have merely prompted them to create alternative trade routes, payment systems and alliances. He draws a vivid parallel with Britain's futile efforts to contain America in the 19th century and argues that the United States risks the same fate if it continues to try to block global development rather than compete for innovation and genuine partnership. The conclusion is clear: empires don't disappear when they encounter rivals, but when they ignore the economic feedback that signals it's time to adapt. ------------------------------------------------

🎥 Source: Deep Focus with JohnKiriakou - “Trump's Economic War on the World with Prof. Richard Wolff”