If the west decouples itself from China and other autocratic regimes, just as we have done, to an extent with Russia, what does that mean for international trade? What does it mean for international investment if we exclude money from countries that are growing faster than we are? This week’s discussion follows a question from Pola, a listener, who asked, “Any chance you could talk about foreign debts and how this works? Also what impacts are likely to occur as BRICS etc move to payments in their own currencies instead of US dollars”. Or, perhaps, more poignantly, what would be the impact of a BRICs wide trading currency to challenge the dollar.
Related Articles

Austerity
Adam Tooze – On his book “Crashed: How a Decade of Financial Crises Changed the World”
October 25, 2018
Mathew D. Rose
Austerity, Economics, EU politics, EU-Institutions, Finance, Financial Institutions, Globalisation, National Politics, Neo-Liberalism in the EU, Regulation
0
Adam Tooze on his book “Crashed: How a Decade of Financial Crises Changed the World” in our series “Economics beyond the Swabian hausfrau” in Berlin. This is the German version. Unfortunately the English talk was […]

Economics
Ray Dalio – How The Economic Machine Works by Ray Dalio
This 30 minute video introduction to the functioning of monetary (i.e. realistic) economies, drawing on post-Keynesian/Minskian insights

EU politics
Renegade Inc – Poverty porn: divide, fool, rule
February 27, 2018
Mathew D. Rose
EU politics, Fake News, Media, Media Concentration, Media Influence
0
It was Malcolm X who famously stated that if you’re not careful the newspapers will have you hating the people who are being oppressed and loving the people who are doing the oppressing. Watch here […]
Be the first to comment