Тёмный

Wolff Responds: Ukraine War Reshapes World Politics 

RichardDWolff
Подписаться 188 тыс.
Просмотров 101 тыс.
50% 1

Stay connected with the latest from Democracy at Work. Join our mailing list today: www.democracyatwork.info/sign_up or check out more of our content: / @democracyatwrk
In this Wolff Responds, Prof. Wolff explains why the US chose a sanctions war as a way of punishing Russia for invading Ukraine and reveals the consequences of that decision, both for the US and the rest of the world.
Check out Prof. Wolff's discussion of the Silicon Valley Bank Collapse at: • Wolff Responds: Why Di...
Wolff Responds is a @democracyatwrk Production. We provide these videos free of ads. Please consider supporting our work. Visit our website democracyatwork.info/donate or join our growing Patreon community and support Global Capitalism Live Economic Update with Richard D. Wolff at / democracyatwork .
___________________________________________________________________________
Check out the 2021 Hardcover edition of “Understanding Marxism,” with a new, lengthy introduction by Richard Wolff! Go to: www.lulu.com/en/us/shop/richa...
“Marxism always was the critical shadow of capitalism. Their interactions changed them both. Now Marxism is once again stepping into the light as capitalism shakes from its own excesses and confronts decline.”
Check out all of d@w’s books: "The Sickness is the System," "Understanding Socialism," by Richard D. Wolff, and “Stuck Nation” by Bob Hennelly at www.lulu.com/spotlight/democra...
___________________________________________________________________________
Follow Wolff ONLINE:
Patreon: / gcleu
Web: www.rdwolff.com
Twitter: / profwolff
Facebook: / economicupdate
/ richarddwolff
/ democracyatwrk
DailyMotion: www.dailymotion.com/democracy...
Subscribe to the EU podcast: economicupdate.libsyn.com
Shop for EU merchandise: democracy-at-work-shop.myshop...

Опубликовано:

 

12 май 2023

Поделиться:

Ссылка:

Скачать:

Готовим ссылку...

Добавить в:

Мой плейлист
Посмотреть позже
Комментарии : 536   
@mohammadkarimzai8057
@mohammadkarimzai8057 Год назад
I don’t know when American authorities will serve their own citizens with honesty, dignity and integrity. They have voted for them but they received slapped on their face.
@nicolasm400
@nicolasm400 Год назад
there is no democracy under true capitalism
@stephenlock7236
@stephenlock7236 11 месяцев назад
The US regime's political system is more a game of musical chair; with only 1 chair in play; with 2 players. It either the Devil or Satan taking turns occupying that chair.
@bellakrinkle9381
@bellakrinkle9381 2 месяца назад
We are their duped population, nothing more. 😮
@jason8077
@jason8077 Год назад
Poltiicans' attitude talking and acting as if all the previous war waged by the US was supported by the people makes me sick to the stomach
@petergreen5337
@petergreen5337 Год назад
Well said
@alexperkins8433
@alexperkins8433 2 месяца назад
same. sick sick nation.....so very much into war, making $ on war (heres lookin at you cheney bush clinton obama and on and on....) ntm rows of war toys for kids in any given toy store kinda sums it up. and the endless guns domestically. pathetic. tragic nation.
@parrish8386
@parrish8386 11 месяцев назад
Well it's time for the BRICS- New World Order to come up with a default reserve currency or simply go back to gold as the reserve. It will be too chaotic for each country to trade in their respective currencies with the daily change in exchange rates.
@leojack9090
@leojack9090 11 месяцев назад
All big corps are just a cohort of centralised system working together, and any damage to one can have a dangerous ripple effect on every other one. I learned a long time ago to not trust corporations. Most of my money is in the stock market and my businesses. I keep only what I need to spend in my checking account.
@TomD226
@TomD226 11 месяцев назад
Iron-ically, these are the conditions in which life-changing money is made by those who remain calm, patient, and take controlled risks. Vola-tility goes both ways. The banks are in a big crisis. The mar-ket looks very shaky. The bigger the red candles, the bigger the green ones. I have made over 280k in the last 4 months by invest-ing through my FA
@lowcostfresh2266
@lowcostfresh2266 11 месяцев назад
@@TomD226 How can I reach this ad-viser of yours? because I'm seeking for a more effective inves-tment approach on my savings
@TomD226
@TomD226 11 месяцев назад
@@lowcostfresh2266 I personally work with Laurel Dell Sroufe she covers things like investing, insurance, making sure retirement is well funded, going over tax benefits, ways to have a volatility buffer for investment risk. many things like that. Just take a look at her full name on the internet. She is well known so it shouldn't be hard to find her.
@timgeurts
@timgeurts 3 месяца назад
what.. how what why?
@beesplaining1882
@beesplaining1882 Год назад
With the rediculous over use of US economic sanctions in recent years who would blame countries moving away from the use of US dollars.
@genelarson6849
@genelarson6849 2 месяца назад
Wolff fans buy his marxist bullshit. 3:53 Wolff it doesn't work never will. I suggest you folks listening could google Peter zeihan for a realistically astute demographic analysis
@treefrog3349
@treefrog3349 Год назад
Ultimately, what the Ukraine War represents is the indifference of plutocratic global leaders to the suffering of others. It also represents the naiveté and subservience of whole populations to unscrupulous leaders whose intentions are economic and self-serving, and who utter hyperbolic protestations of noble self-righteousness while they are dealing nothing but death and destruction. It truly is a form of lunacy. And the fact that so many people fail to acknowledge that lunacy is another form of cultural lunacy that is terrifying in its implications.
@petergreen5337
@petergreen5337 Год назад
Well said and well OBSERVED
@egay86292
@egay86292 Год назад
World War Z, indeed.
@peanut0brain
@peanut0brain Год назад
Ahmm... You're on the internet. You gotta use layman terms, for less eloquent idiots like me LOL
@helengarrett6378
@helengarrett6378 Год назад
Be specific. Exactly who is dealing death? Perhaps you mean Putin who simply marched into Ukraine and took over Crimea? When nobody did too much about it, first of all because Ukraine couldn't do much and second of all because all of Europe and the United States wanted to avoid direct confrontation with Putin, he then went in to take the rest? Is that what you mean? Are you advocating some kind of negotiation in which Ukraine gives up territory for a cease fire only to have Putin retool his ragged ass army and try again later? Or do you accuse Ukraine of invading Russia? Of being Nazified? Of wanting to be a NATO member? Are any of those things reasons to try to take over the country? Ukraine did not threaten Russia. Both countries have Nazi elements as does the United States and most of Europe. Nazis are a disease that recurs it seems. NATO wasn't going to admit Ukraine anyhow but now it will if this damned war ends and Ukraine is free. To remind you, Ukraine threw out a Russified puppet leader. Corruption was an issue as it is in Russia, I might add. They had an election. They had separated from the former Soviet hegemony as had other now independent nations. Nato denied Ukraine membership for two reasons. First they were insufficiently militarized to meet NATO's standards and second because they didn't want a conflict with nuclear armed and aggressive Russia. Well, after a lot of war, NATO has gotten more expansive. Putin stepped in a pile of **** and he has got to live with the smell. But Ukraine did not start this war. Putin ALWAYS said that he wanted to reconstruct the Socialist hegemony. Oh if only Socialism were the issue. It isn't. Imperialism and power are the issue here. All the misery, death, propaganda and ruin is Putin's fault. When you say it's a mess you are correct but whose mess are you referring to? Cryptic remarks and generalizations are not helpful in understanding what is happening in Ukraine.
@dessmith7658
@dessmith7658 Год назад
The madness of crowds
@treefrog3349
@treefrog3349 Год назад
Since WWII, the rest of the world has been reluctantly subservient to the dictates of American plutocrats. Is it any wonder that those national entities are enjoying a sense of liberation and schadenfreude? It is liberating for ANY human being to see a blow-hard bully get "called-out" for his presumption and arrogance. When a large portion of the world shares those emotions, the bully is due for some genuine soul-searching.
@xena6894
@xena6894 Год назад
Couldn't have said it better. But that bully is more dangerous to the other aspiring hegemons: the feeling they have about their almost " God given' mission to "spread democracy " , convinced their power make the rest of the world better and happy and more orderly, is kinda frightening. This messianic belief is comparable to what the religious extremism such as Isis abide to. Therefore , the part of "soul searching' the large portion of the world would want from the bully , would never materialize
@helengarrett6378
@helengarrett6378 Год назад
Why the hell do we, the people, have to choose between repressive and plutocratic capitalist hegemonies? That's like asking if you want to be imprisoned in this prison or that one? I reject both capitalist hegemonies. BRICS won't tread workers better than the Western alliance does.
@dessmith7658
@dessmith7658 Год назад
Evil self- riteous US government
@stephaniecarrow4898
@stephaniecarrow4898 Год назад
Beautifully, perfectly said!
@stephaniecarrow4898
@stephaniecarrow4898 Год назад
​@@xena6894 I don't get the sense that the new world order is motivated by a messianic mission. And neither was the old. They might have used "spreading democracy" as their propaganda narrative, but that was never their real motivation. It was always about self-enrichment and control of resources.
@fuckyou11213
@fuckyou11213 Год назад
I can not spread these videos to anyone that I know because they would verbally attack me and not believe it anyway, sometimes I wish I was stupid as everyone else and could enjoy the ignorant bliss that they live in.
@blogintonblakley2708
@blogintonblakley2708 Год назад
It is important to speak up even when you suffer for it. Doing so prevents the fanatics from proceeding to the next step of fanaticism... cleansing.
@fuckyou11213
@fuckyou11213 Год назад
@@blogintonblakley2708 well when you put it that way I guess you’re right
@blogintonblakley2708
@blogintonblakley2708 Год назад
@@fuckyou11213 Being a dissident is a serious responsibility. I commend your efforts.
@sihiushitposterbiasa-reliv5199
They are afraid of truth because they afraid no longer able to live like what they getting used to.
@noellaw3477
@noellaw3477 Год назад
If you could turn just one person around from their brainwashed way, your effort is rewarded.
@franciscofrancesco7844
@franciscofrancesco7844 Год назад
Great analisis, Prof Wolff. Thank you.
@jstasiak2262
@jstasiak2262 Год назад
The US has almost completely de-industrialized and financialized its economy such that most of its income is derived from manipulating money rather than producing real goods and services that other countries want to purchase. More specifically, the US has manipulated the global financial system such that it extracts monopoly, economic and land rents from the goods and services of other countries rather than produce these goods and services itself. Not being required to pay the overhead required to actually make things greatly enhances profit. This type of income is called “economic rent” and is the opposite of a “free market.” Economic Rent is in essence a tax on the the goods and services of other countries and represents negative value added. Former French finance minister Valéry Gescard d’Estang called this the “exorbitant privilege” of the United States. When the US actually made things of value that it sold to other countries in the 1950’s-1970’s, this wasn’t too big a deal. However, with a de-industrialized, financialized US economy, this economic rent extraction is a major drag on the economies of other countries and is no longer tolerable. That is the original impetus for de-dollarization. The manipulation of the global economy via the use of sanctions by the US to achieve political dominance is an egregious abuse of power and has greatly hastened de-dollarization.
@clickx8845
@clickx8845 Год назад
Brilliant write up. One of the ways through which this economic rent is extracted is the seigniorage of the US dollar. The privilege of the US dollar being the global reserve currency allows it to export its inflation to other countries after printing recklessly to buy up its own treasuries aka quantitative easing which artificially inflates its economy. To solve the resulting inflation, the US Fed increases its policy rates to extort the world and force a recession (aka demand destruction) which enables US corporations to buy up resources for cheap. This leads to drastic depreciation of currencies around the world. For countries in the global south specifically, with the help of globalist institutions like the World Bank & the IMF and their “structural adjustment/neoliberal ” policies, countries become trapped in a debt cycle through the privatization of profitable SOEs. With a loss of revenue to fund critical infrastructure and budget deficits, countries turn to the Eurobond markets which is dominated by US banks and European FIs. With the backing of unlimited money printing capacity of the US Fed and artificially low costs of funding (QE), they buy up resources and SOEs for cheap in distressed economies and countries lose their economic sovereignty. These countries are then forced to implement policies that go against their national interests with threats of economic sanctions. Welcome to neocolonialization of the 21st century.
@Getoffmycloud53
@Getoffmycloud53 Год назад
Well put
@anatil4
@anatil4 Год назад
Perfect
@brokenmanbrokenman5222
@brokenmanbrokenman5222 Год назад
And they’re still not changing course.
@AliAliBahi-pl6hp
@AliAliBahi-pl6hp 10 месяцев назад
​@@clickx8845🎉🎉🎉🎉🎉😢
@user-hq9lp7zp4v
@user-hq9lp7zp4v Год назад
I listen to Prof Wolff everyday. He sees it for what it is and insightful.
@TheJohnnyCalifornia
@TheJohnnyCalifornia Год назад
It does seem bizarre that the United States promotes a free market ideology and then imposes sanctions and interference -- essentially the exact opposite of free markets -- to maintain its already very unfair and unfree advantage in the market. Naturally, this will simply leave the US out of the new markets that emerge in response. Even by their own rationale, this is just neo-mercantilism. However, the best outcome would be that the US simply becomes another nation no more powerful or influential than any other in the world, and then all that military budget can go to improving the nation and the world rather than making it worse.
@Blabberone
@Blabberone Год назад
You hit the nail on the head. We don't have free markets anymore. They are part of the wealth extraction process - run for and by the 1%. It has erupted into neo-feudalism. Our governments are there for the 1% and our democracy only gives lip service. We elect the same types and just shuffle faces. Our leaders are all for sale as long as it doesn't look too obvious.
@petergreen5337
@petergreen5337 Год назад
Precisely
@jchanmcse
@jchanmcse Год назад
U$ should have done what you mentioned "improve the nation and the world" but TOO BAD because the situation now is like a river of NO return!
@tonybenn1000
@tonybenn1000 Год назад
Johnathan,- Your last paragraph is what Vladimir Putin has been saying for at least twenty years.
@TheJohnnyCalifornia
@TheJohnnyCalifornia Год назад
@@tonybenn1000 So have I. He probably took it from me, I'm sure.
@zulqadarrrashid6201
@zulqadarrrashid6201 Год назад
Vivà le Prof Wolff Stay blessed 🙏 Excellent presentation 👏 From Pakistan 🇵🇰🇵🇰
@Joy3269
@Joy3269 3 месяца назад
May God Bless Prof Richard Wolff For Bringing The Truth to us. We Love his Channel. We pray for him & his Channel. May God Bless him. The World Needs More & More Good, Genuine, Honest Human Beings Like him. May God Bless him. We all must support him. Thank You.🎉🎉🎉🙏🙏🙏💐💐💐🌹🌹🌹🌷🌷🌷🌺🌺🌺🌼🌼🌻🌻🌻👍👍👍🙂🙂🙂.
@eveyfortin9285
@eveyfortin9285 Год назад
its a pleasure to hear someone with a degree instead of news media trained at mcdonald
@SA-xz6uj
@SA-xz6uj 11 месяцев назад
And that McDonalds head office is in DC.
@petergreen5337
@petergreen5337 Год назад
Another beautiful lesson. Thank you very much Professor.
@inotmark
@inotmark Год назад
How did anyone not see this coming on day 1 of the special military operation?
@egay86292
@egay86292 Год назад
many, many did.
@zamraaj0652
@zamraaj0652 Год назад
Absolutely on the spot. Thank you for providing an insight in current world geopolitical landscape.
@martinshabalala4525
@martinshabalala4525 Год назад
Sometimes, when digging a grave for someone else, you end up in it yourself
@alexperkins8433
@alexperkins8433 2 месяца назад
so very well said. another way to say it: usa s endless wars, exploitation of x y z worldwide, endless elevating corporations & top percenters to status of kings/mafia lords......within a few years a lions share of large u.s. cities look like jakarta (read: endless homeless crime & massive margin between top percenters and rest of the (impoverished) nation. tragic.
@beatrizvigilzamora8281
@beatrizvigilzamora8281 Год назад
Thank You Mr. Wolf for being so generous with your time and expertise andhelping me understand how the world's economy works and much more. I came upon yr channel by accident . But I am very happy and grateful for it . I think we all can feel something ain't right, but some are just in denial and that probably isn't going to help the situation as you well say. I will anxiously be waiting for your next video.
@richardwong2950
@richardwong2950 Год назад
One needs to be pragmatic, especially in a changing environment. The US and the collective West are sticking to their old tactics, which will not work today because of rising powers emerging elsewhere. The often quoted so-called "Rules based international order" is essentially American rules and orders. Why should other sovereign nations obey and be subservient to them? African nations have learnt to disobey the West, which slaved and looted African resources. It has been said that Africa is under-developed. The truth is, Africa has been over exploited. The Global South are now forming a formal and informal alliance to counter the West, seeing China miraculously emerging from a poor country to the second largest economy in 40 years. They want to emulate China's success and break free from those colonial days.
@chien-shengtsai8626
@chien-shengtsai8626 Год назад
International Rule-based Order==>Uncle Sam makes the rules, you follow his orders.
@oGa.8080
@oGa.8080 Год назад
BRICS: He says the invasion has accelerated “a coming together of Russia, China, India, Brazil, South Africa, and now another list of 10 or 20 more economies eager to join … BRICS.” To the extent BRICS becomes successful (and that remains to be seen), it poses little economic threat to the U.S. or any other “western” country. Almost all the countries that are in BRICS or want to join BRICS are close allies of the U.S. and other western countries (Brazil and India are allies, and among the countries that want to join, Egypt, Argentina, Mexico, Nigeria, and Saudi Arabia are all allies on some level or another). If the BRICS countries do well (and, being of Nigerian origin myself, I hope they do well economically), that doesn’t mean the U.S. suffers. BRICS is not some kind of enemy of the U.S.!
@ronstephen-wy4ib
@ronstephen-wy4ib 22 дня назад
It is a competitor. Since the USA stands for freedom and democracy they, naturally, do everything in their power to stop competition and rig the game in their favour! smh
@innoventions9465
@innoventions9465 Год назад
Sanctions is a war without guns... even worse for poor countries but Russia is a giant!
@liamporter1137
@liamporter1137 Год назад
Thanks for sharing and surfacing the truth. 👏👍
@nkosazanahopeshihada9366
@nkosazanahopeshihada9366 8 месяцев назад
Love this guy. He's a brilliant , from my Pan Africanist Cadre Proletariats' opinion. Finally, someone who speaks about OUR REALITY!? Wolf is a badass political science professor. Regardless of your position,in my opinion. Keep the great dialogues coming ,Prof. Wolf. Inspiring me to get active in grassroots organizing again!! The dialectics of materialism, is key people. It's not how to get the power... but exactly ( step by step) what to do with the power, when it's in YOUR hands!!
@cpxh7703
@cpxh7703 Год назад
After the de-dollarization, it would be interesting to see the U.S. makes money by working instead of just print money without working. It's an exciting time. Hope it happens soon.
@brucelee8669
@brucelee8669 11 месяцев назад
I was in the middle of the video but then I Pro. Wolff stroke me with the words saying that " the US had bet on the wrong horse ". What a kind of cocktail, a sense of humor mixed with a taste of bitterness.
@nathanbeler4874
@nathanbeler4874 Год назад
As a conservative, I highly agree on your stance about the Ukraine War. Thank you for spreading the truth!
@infernoleviathan8868
@infernoleviathan8868 10 месяцев назад
The interview with Diego Ruzzarin brought me here, very interesting analysis and information, the way he explains got me subscribed here. Thanks for sharing your knowledge Professor 👏
@lukasardono2930
@lukasardono2930 2 месяца назад
Mr.Richard Wolf is truthfully analysing the Ukrine war.GBU
@bansrajmattai4548
@bansrajmattai4548 Год назад
The conflict has been a great boon for Russia, China, India, and most of the Global South and a corresponding disaster for the Global North on the matter of commodities alone!
@MAchannel2024
@MAchannel2024 Год назад
Always appreciate your videos. Unfortunately, this is how empires collapse. The military industrial complex is winning and America is losing
@dassustephen731
@dassustephen731 Год назад
Very correct
@peanut0brain
@peanut0brain Год назад
And Rothschild and their lookalikes are funding both sides of the war as usual
@kevinschmidt2210
@kevinschmidt2210 Год назад
@@peanut0brain You could not be more wrong. It is the US/EU who is funding the Ukraine side. Russia is self funding themselves.
@marcusaetius9309
@marcusaetius9309 Год назад
Agreed. Probably the biggest factor on this issue is that the western countries in general have lost a substantial portion of its manufacturing capacity to China and it is manufacturing that forms the base of any economy. Russia has a relatively close relationship with China and has been dealing with other growing manufacturing economies such as India so there’s a very good chance that prior to the invasion of Ukraine they knew that sanctions would be of little value to the western nations. This is not a short term issue, I suspect that we will see a relatively rapid decline in the global influence and economic clout of western nations. Interesting times….
@sebasbek
@sebasbek Год назад
Великолепный анализ ситуации. Большое спасибо за ясную, объективную картину. Отличный специалист.
@ebrimasambou5409
@ebrimasambou5409 6 месяцев назад
War shall Will never solve all these wars Please we live in a civilise world Thank you
@danielluiz12345
@danielluiz12345 7 месяцев назад
My english is very bad, but i can understand what wolff says very well. Excelent 🎉
@PauloFerreira-wp2it
@PauloFerreira-wp2it 8 месяцев назад
Greetings from Brazil 😊🇧🇷🎶
@randybest9187
@randybest9187 Год назад
It is amazing how many still have faith in worthless Government/FED fiat money.
@blogintonblakley2708
@blogintonblakley2708 Год назад
You don't use dollars anymore?
@kevinschmidt2210
@kevinschmidt2210 Год назад
Please deposit all of your "worthless fiat money" into my bank account.
@michael511128
@michael511128 Год назад
Recommend to Google and read the article “US Hegemony and Its Perils.”
@williambrown1480
@williambrown1480 Год назад
very informative speech. thanks so much Richard wolff
@EMan-cu5zo
@EMan-cu5zo 8 месяцев назад
I 100% agree
@chinawr4751
@chinawr4751 7 месяцев назад
Dear Mr. Wolff, it is a pleasure to discover your channel with such clear and realistic ideas about global geopolitics, and your courage to pierce the bubble and expose the reality that many refuse to see. I'm from BRAZIL, a country that holds the seventh largest foreign currency reserves in world dollars, 356 billion dollars in reserves. We condemn at the UN the attitude of our trading partner Russia in invading its neighbor Ukraine, but we also condemn the worrying expansion of NATO in its borders, co-opting all ex-USSR countries, isolating and worrying RUSSIA, we did not adopt economic sanctions, nor exclusion from the rapid system, nor do we support them, because today it is Russia, but tomorrow it could be us, we are in the same boat and very dependent on a system that has proven to be unreliable, therefore there are already 40 nations that intend to join BRICS, where there is already its own development bank functioning, a system analogous to Swift is being finalized and a currency or a basket of currencies backed perhaps by gold could be presented at the next meeting and increasingly Europe and the United States may be isolating themselves from the global south
@zoricamastrovic3914
@zoricamastrovic3914 9 месяцев назад
What goes around comes around...
@alfb1830
@alfb1830 4 месяца назад
Great vid,thanks❤ i,m Dutch so i,m worried about the eu power grab over the eu governments!! And involvement of the wef. Hopefully you can chear me up about this. It really fears me,eu/ wef. Thanks again ❤
@vanessameneghelliarantesvi6922
@vanessameneghelliarantesvi6922 9 месяцев назад
Congratulations on your chanel! It's been a pleasure listening to you explaining about socialism and the TABU it involves. I feel the world lost a lot of time because we were never taught and encouraged to talk about it. Thank you.
@BWong1234
@BWong1234 Год назад
Prof. Wolf talks sense and logic. 👍
@user-tf3xg4fc6t
@user-tf3xg4fc6t Год назад
С благодарностью из России!
@johnbrooke8310
@johnbrooke8310 Год назад
Beautiful Shirt !
@anandagarwal7237
@anandagarwal7237 Год назад
Great analysis ❤
@asgharshahdi
@asgharshahdi Год назад
Who envaded whom? Russia or NATO?! By Minsk accords deception!!!
@KokX77740
@KokX77740 Год назад
Какой умный человек! Приятно слушать, дай Бог ему здоровья! С приветом из России.
@markhart1345
@markhart1345 10 месяцев назад
I have a question for you. The world is supposedly $220 Trillion in debt. I recently tried to find out how much of that debt is owed to "Central Banks". My searches came up Empty and as we know the Internet is censored. But to whom do all these countries owe money to? This I believe is an extremely important question. China is in debt as is the U.S. So, who are all these shadowy entities we are enslaved to? I hope you can answer my question. If you can't, then who could? I appreciate all you do....🙂
@user-bf6kx8nd4c
@user-bf6kx8nd4c Год назад
The videos of this channel fit to practise English, Thanks.
@lemoynecastle6213
@lemoynecastle6213 Год назад
Yes. Prof Wolff is a clear communicator.
@bringordon3839
@bringordon3839 Год назад
Hey Richard- appreciate the video and your work to shed new light on these topics which are ever present in our lives. In this video and a few others, you have discussed an emerging new global currency- often spoken of as a conglomerate of other currencies- and I was hoping you could point me towards a way to learn more about this. It sounds believable, but just vague enough to where I'm having trouble finding more details on this theoretical ascendant currency. Thanks to you or anyone else seeing this comment who might be able to show me to some specifics!
@ronhux1742
@ronhux1742 9 месяцев назад
Gold and silver those are the real money's has been for thousands of years and will be for the future !!
@pelaubenson1230
@pelaubenson1230 Год назад
Thanks Professor!👍
@markusseah6803
@markusseah6803 Год назад
Thanks!
@Edward-wc8yv
@Edward-wc8yv 5 месяцев назад
Ask Dr Wolf- has anyone studied the effect that the imposition of official Government policy position has effected the financial situation of Private Corporations, i.e. profit, market position or employment policy?
@Googlag
@Googlag Год назад
Congratulations professor with a new webcam!😁
@beatrizvigilzamora8281
@beatrizvigilzamora8281 Год назад
Mr. Wolf can you also please make a video on if an anti immigration agenda is good for the US in a time like this . Thank You.
@craigwilson1144
@craigwilson1144 Год назад
Prof. Wolf. I heard Black Rock and Vanguard, the two largest asset management monopolies in the world, are buying Ukraine assets and commodities for pennies in the dollar. Zalensky opened up Ukraine for buying and trading on the stock market a month ago. China's president offered a proposal to Zalensky two weeks ago, but having negotiated with Vanguard and Black Rock its clear Europe and Ukraine are opposed to any alignment with China. Is this legal since Zalinsky was appointed and never officially elected. What will Putin's response be.
@muhammadhamidkhan7910
@muhammadhamidkhan7910 11 месяцев назад
Sir! Great analysis
@jaspercooper6067
@jaspercooper6067 Год назад
I’m favored ,$121k every 4weeks! I can now afford anything and also support God’s work and the church
@brookemaxwell6247
@brookemaxwell6247 Год назад
Quite impressive but how!!?know it’s possible, my colleague at work got her first investment return of $35k after two weeks and she quit the job, I would appreciate if you show me how to go about it...
@gianmarcopierotti7388
@gianmarcopierotti7388 Год назад
Yeah ,180k monthly profits! thanks and God bless Mr Thomas George trading services.God gave me vision about him!!
@frankhulsen5552
@frankhulsen5552 Год назад
It sounds good , hope you wouldn’t mind to tell me how to go about profiting that much just like you do?
@cadenjames2568
@cadenjames2568 Год назад
I’ve been hearing lots of good things about trading & investments with Mr Thomas George and how good he is and how he keeps changing lives of his clients around the world...
@davidlincoln2066
@davidlincoln2066 Год назад
I’m successful today thanks to Mr Thomas George
@garfield4530
@garfield4530 11 месяцев назад
Jim Rickards have so many books about that.
@inuwabajoga4376
@inuwabajoga4376 Год назад
Good Information
@jimcocke
@jimcocke Год назад
Very informative
@MatthijsWB
@MatthijsWB Год назад
There's something I don't understand. Russia now sells oil and gas to countries other than Europe like China and India. But where did Chine and India get their oil and gas from before? And doesn't demand decrease in the countries where they bought it before? In total (worldwide) the usage of oil and gas must be the same amount. Isn't it the transfer of buying and selling? and if India and China can now buy cheaper gas and oil, won't that eventually push the price down? Especialy when Europe invests in green energy and buy LNG and oil and gas in other countries. There is no sudden shortage, is there?
@puckthebear
@puckthebear Год назад
There is no shortage, because the induced inflation reduces demand. Currently, governments are cutting taxes or offer additional subsidies to prevent a public outcry. But sooner or later, the prices will have to be paid by the people.
@HominisLupis
@HominisLupis Год назад
Let me give you an answer from India. This country buys a lot of oil from Russia, but little of that goes to domestic consumption. A few oligarchs refine it and resell it to Europe, thus making their money (this is an understatement). The oil travels for longer, thus wrecking the environment more. Europe pays more than it would have before. Russia has rupees that it can't spend. No one wins except oligarchs and US defence contractors. Anti-west sentiment calls this a failure of the west, and it is, but no one else benefits as well. I will confess to you, as a brown man in an erstwhile colonized country (whose repercussions can be felt today), I too harbor anti European sentiment (I don't defend it, it hurts me the most). But it would be an untruth to say that the Global South is benefitting. Aka, the world is ever increasingly fucking itself.
@helengarrett6378
@helengarrett6378 Год назад
​@@HominisLupis I feel your pain!
@HominisLupis
@HominisLupis Год назад
@@helengarrett6378 And I appreciate you, ma'am.
@EssentukiTlt
@EssentukiTlt Год назад
OPEC+ that's the question
@user-gw8kp3vy9x
@user-gw8kp3vy9x 9 месяцев назад
Я заранее прошу извинения что не пишу на английском. Физически не могу..надеюсь интернет переведет. Господин Вульф интересный профессор..но я боюсь что как и любого профессора институции доят до конца. Извините профессор..что вот прям так пришлось написать.
@WFV0651
@WFV0651 11 месяцев назад
Only in your mind
@richardprofumo7583
@richardprofumo7583 Год назад
It’s all over now baby blue!😮
@geeskaafrikaga3842
@geeskaafrikaga3842 11 месяцев назад
This professor is realist i think. Hr is a smart and talks the truth
@robhaythorne4464
@robhaythorne4464 Год назад
Facts do not concern Comrade Wolff.
@view1st
@view1st Год назад
What facts are you referring to? Please enumerate.
@ronstephen-wy4ib
@ronstephen-wy4ib 22 дня назад
Silly troll.
@rameshgill1444
@rameshgill1444 Год назад
A very eloquent ,succint and accurate analysis .
@collybeans586
@collybeans586 4 месяца назад
Hey Richard. I was unsubscribed fromyour channel today by YT. Just a heads up. From both your channels actually.
@dassustephen731
@dassustephen731 Год назад
Excellent analysis
@PopsKrispy-ph9de
@PopsKrispy-ph9de 10 месяцев назад
🐺, Wolf 🔁 4 years ago-+ 🔁50 yrs ago
@timestampz
@timestampz Год назад
What is the BRICS currency competing with the USD?
@andersaskjrgensen5468
@andersaskjrgensen5468 Год назад
there are none
@michael511128
@michael511128 Год назад
Compete might not be the right word, rather, to free themselves from dollar hegemony. Google and read article US Hegemony and its Perils.
@blogintonblakley2708
@blogintonblakley2708 Год назад
Each country involved in BRICS uses it's own currency when trading on the international market. This is a radical departure from the petrodollar decades, that had all countries using the dollar to trade... especially for oil. This is how you get rid of a unipolar world. You allow everyone an even opportunity to trade without requiring that they pay a financial tribute to the USA.
@blogintonblakley2708
@blogintonblakley2708 Год назад
@@andersaskjrgensen5468 This is not true. Each country in BRICS uses it's own currency. The point is to replace the unipolar world with a multipolar world. So it's not replacing one unipolar currency with another.. it's doing away with the whole idea of having one reserve currency.
@dessmith7658
@dessmith7658 Год назад
Change happens
@qd7343
@qd7343 Год назад
You have eyes in your mind Sir, it is beside your actual eyes.
@jsg_6758
@jsg_6758 Год назад
7:00 "Good Old Days" for British Looters, not their Colonies.
@franciscorosa760
@franciscorosa760 9 месяцев назад
Comparatively, using cosmological terms, the West was a supernova that became a white dwarf, or in more common terms, it was a balloon that was punctured and deflated, the peak that made it deflate was the war in Ukraine, the whole world saw what has been waiting to be seen for 500 years, that the West is a paper tiger. They saw that a group of mercenaries that used to travel around Africa defeated the powerful Nato. It wasn't a pretty picture!
@restinpeace1916
@restinpeace1916 8 месяцев назад
Russia sells oil and gas to other places, yes, but at lower price. Russia's state budget having some issues because of this, so saying sanctions didn't do anything is not true.
@ronstephen-wy4ib
@ronstephen-wy4ib 22 дня назад
They drove Russia into China's arms, reduced Russia's dependents on the west and nearly bankrupted most of Europe.
@jamesruscheinski8602
@jamesruscheinski8602 Год назад
help each other decentralize political government for democracy with divine free will unity
@amarendrabhowmick8896
@amarendrabhowmick8896 11 месяцев назад
Knowledge infinity.very much share the same view.
@user-ch1rr4xu8n
@user-ch1rr4xu8n 3 месяца назад
Братский Пролетарский привет
@novascotianinfj
@novascotianinfj Год назад
yup
@brenoobr
@brenoobr 9 месяцев назад
The major issue will be the local ruling class of the BRICS countries. Many of which are aligned with the US. I mean, Brazil has just been through a coup and a fascist president.
@joaoxavier3687
@joaoxavier3687 9 месяцев назад
América is everything but the land of the free.
@The_First_Sean
@The_First_Sean 10 месяцев назад
That is actually a really nice flag
@danielsan901998
@danielsan901998 Год назад
Can the U.S. bank failures be interpreted as the US losing the economic war against Russia?
@pluto9000
@pluto9000 Год назад
Good question 🤔
@blogintonblakley2708
@blogintonblakley2708 Год назад
Not necessarily against just Russia... more like the USA is losing it's privileged position as the world's reserve currency. This is having a detrimental effect on the dollar because it means we can't draw on unlimited debt. Which means that cheap debt is a thing of past in the USA... and interest rates have to go up. Meaning inflation, recession and ultimately depression on the economic front, as the truly massive debt bubble that we've enjoyed as a result of the petrodollar goes... pop. We see this happening in the real estate market as Blackrock falls apart. Blackrock is a real estate bank and it is so heavily leveraged in property that any increase in interest rates drives down the value of the company. Which is why it's defaulting. Trillion dollar corporations going down is a great indication that yes, the USA is losing the economic war. We currently have 29% of the world's governments under sanctions. Sanctions that are now isolating the USA instead of forcing others to the USA's political will.
@TheAmericanAmerican
@TheAmericanAmerican Год назад
Haha no.
@ronstephen-wy4ib
@ronstephen-wy4ib 22 дня назад
Denial is strong in this one.
@jscilla1
@jscilla1 Год назад
In view of your opinion that US sancti9ns on Russia are strengthening the BRICS alliance, do you think it would have been better to have some combination of not helping Ukraine and not sanctioning russia?
@comradeweismann6947
@comradeweismann6947 Год назад
Comments for the Algorithm
@muhammadhanif4113
@muhammadhanif4113 Год назад
I think most of wars in modern era is about the ego of some people to gain economic or politic profits. Even they who wage a war in the name of religion or ideologi is just looking for profits.
@josipsalaj3987
@josipsalaj3987 28 дней назад
Why is the product🎉s made in USA more more expensive than in Russia China India and other Brick countries? The income is there much lower so the people not can by it so what is the deal. How can I by products if I not make enough money.
@kimothemo
@kimothemo Год назад
Yeah, ‘reshapes’ because it happens in Europe.
@Gianluca92
@Gianluca92 8 месяцев назад
how come the slow in uploads?
@ROBOTRIX_eu
@ROBOTRIX_eu Год назад
@MrCidsanchez
@MrCidsanchez 6 месяцев назад
Could you make a video on Argeintina. I have read and seen many videos claiming socialism was the cause of there fall.
@ronstephen-wy4ib
@ronstephen-wy4ib 22 дня назад
Fascism is the opposite to socialism. It never matters how well a socialist government is doing. Fascism is a sickness that will try to gain power.
@andylim3810
@andylim3810 Год назад
My view of the BRICS is to enhance UN, the world Bank, & IMF role as the policeman of the world. When it was created after WW2. To be world where currencies of the world including the USD But, US will no longer control UN World Bank or IMF
@TankGump96
@TankGump96 Год назад
Looks like the American imperium will need to bomb some more competitors.
@goddessmother
@goddessmother Год назад
In 1988, when I returned from 14 months in the PRC, I had met an economist who told me that the literacy rate of a nation can predict its economic future. Considering that the literacy rate in the PRC was over 99% and the USA had a large fraction of the population unable to read and a significant high school drop out rate, it was clear to me that the PRC was going to economically rule the world. At the time, 35 years ago, I asked people how they felt about the ¥uan replacing the dollar$? Everyone was shocked at the notion. No one could imagine a backwards "3rd world country" overtaking the American economy. Yet, American Capitalists brought about the nation's own economic demise with xenophobia, hubris, eliminating import tariffs (which fund the federal government) and offshoring most manufacturing to China. Now Biden is saber rattling rather than building the civilian economy. "War is a Racket" by Smedley Butler.
@ronhux1742
@ronhux1742 9 месяцев назад
😅😊 You are thinking exactly how I see the situation ❤
@hermanmunster714
@hermanmunster714 5 месяцев назад
The difference between slaves that can read and slaves that cannot? None.
@user-kz1of6in7m
@user-kz1of6in7m Год назад
Thank you for information!
@yusufalikapiko
@yusufalikapiko Год назад
Precise and to the point, well analysed, thanks. This is the first time I have come across acurate information in simple terms. This has opened my eyes and mind.
Далее
Jaloliddin Ahmadaliyev - Yetar (Official Music Video)
08:28
This is so cool 😲
00:31
Просмотров 6 млн
1🥺🎉 #thankyou
00:29
Просмотров 9 млн
Economic Update: The Phenomenon of China
30:41
Просмотров 252 тыс.
Wolff Responds: Taking Positions on Ukraine
8:53
Просмотров 54 тыс.
Ask Prof Wolff: The Future After De-Dollarization
9:02
Wolff Responds: Why Did Silicon Valley Bank Collapse?
13:21
Richard Wolff responds to Jordan B. Peterson
4:54
Просмотров 439 тыс.
Economic Update: Understanding Marxism
29:36
Просмотров 94 тыс.
Jaloliddin Ahmadaliyev - Yetar (Official Music Video)
08:28