It seems the whole approach to global trade is being redrawn. Donald Trump wanted to do less trade with China before the pandemic, and now with the Ukraine invasion the west wants to do less – preferably nothing – with Russia. Hardly surprising then that the BRICs nations (Brazil, Russia, India and China) are developing their own ecosystem that could see them trade less with the west, including developing their own trading currency to remove the reliance on the US dollar. Phil Dobbie talks to Steve Keen about the impact this would have on the West.
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July 24, 2018
Mathew D. Rose
EU politics, Finance, Media, Media Concentration, Monopolies, Regulation
0
There are troubling signs that the new data-driven economy is inheriting all the same problems as the old one: power imbalances, monopolies and a lack of accountability. Listen here
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