US ’neo-imperialist’ dollar scheme explained by economist Yanis Varoufakis

Greece’s former Finance Minister Yanis Varoufakis explains the US system of “neo-imperialism” based on the dollar, an “IOU issued by the hegemon”, which finances a huge trade deficit by letting foreign capitalists “extract colossal surplus value from their workers and then stash it away in America’s rentier economy”. Sources and more information here: German lawmaker condemns ‘US-led proxy war against Russia’ and EU’s ‘servile vassals’: Varoufakis’ full speech: || Geopolitical Economy Report || Please consider supporting us at Patreon: Podcast: Newsletter: