Geopolitical Economy Report
@geopoliticaleconomyreport·743K subscribers·762 videos
Rise and fall of US-led neocolonial financial order: From Bretton Woods to BRICS
Posted
June 14, 2023
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307,022
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June 14, 2023
307,022
6,540
467
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42:15Now PlayingBen Norton discusses the rise and fall of US-led neocolonial financial order, from the 1944 Bretton Woods conference that established the US dollar as the global reserve currency; to the 1971 Nixon Shock that ended the gold standard, Volcker Shock, Third World debt crisis, and emergence of neoliberalism; and finally to the historic growth of China and consolidation of the Global South-led BRICS bloc.
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