In this video, former Greek Finance Minister Yanis Varoufakis and Richard D. Wolff, Professor Emeritus of Economics at the University of Massachusetts Amherst, discuss a central question: Are we witnessing the beginning of a new crisis of the U.S. dollar? Starting from the Petrodollar system, the Iran conflict, and growing uncertainty in financial markets, Varoufakis […]
In this video, Richard D. Wolff, Professor of Economics (emeritus) at the University of Massachusetts Amherst, analyzes the far-reaching economic consequences of the US-Israeli war on Iran. The focus is on the Strait of Hormuz, conflicting developments in energy prices and supply, and signs of escalation whose consequences may extend far beyond the region. The […]
In this interview with Pulitzer Prize–winning journalist Chris Hedges, economist and former Greek finance minister Yanis Varoufakis discusses the far-reaching economic consequences of the Iran war. The conversation explores rising energy prices, potential disruptions to global trade routes, and the risk of a worldwide financial crisis. Varoufakis examines structural vulnerabilities in the global economy, geopolitical […]