<html>
<head>
<meta http-equiv="Content-Type" content="text/html; charset=UTF-8">
</head>
<body>
EricS wrote:<br>
<blockquote type="cite"
cite="mid:0a3c2822-366d-49f2-9209-ff3abefb2372@gmail.com">
<blockquote type="cite">So my question to the list is: has any of
you read this book:
<br>
<a class="moz-txt-link-freetext" href="https://www.amazon.com/Super-Imperialism-Origin-Fundamentals-Dominance/dp/0745319890">https://www.amazon.com/Super-Imperialism-Origin-Fundamentals-Dominance/dp/0745319890</a>
<br>
</blockquote>
</blockquote>
<p>so:<br>
</p>
<div class="moz-cite-prefix">glen wrote:<br>
</div>
<blockquote type="cite"
cite="mid:0a3c2822-366d-49f2-9209-ff3abefb2372@gmail.com">...<br>
</blockquote>
<br>
then Claude wrote:<br>
<blockquote type="cite"
cite="mid:0a3c2822-366d-49f2-9209-ff3abefb2372@gmail.com">In Part
III, Hudson argues that the U.S. has used its debtor position as
leverage since the 1960s, threatening to disrupt the global
monetary system if other countries don't finance its deficits. The
lack of a viable alternative to the dollar allows the U.S. to
continue running deficits while pressuring trade partners to keep
their markets open. Europe and Asia have failed to challenge this
"monetary imperialism," which remains the foundation of U.S.
global power. <br>
</blockquote>
<p>In my superficial layman's way, I feel that much of the history
of the "modern" (3000BCE to date) has been strangely driven or
pulled or forced by "debt". The tension between the Aristocracies
and the Merchants? Borrowers borrow and Lenders lend what
Producers produce, and thus Power flows? I suppose I should
(re)read Graeber's <i>Debt</i>? <br>
</p>
<p>Since everything is about the recent US Presidential election,
one might look at whether Trump's various types of "bankruptcy"
from the most literal to the most figurative somehow help to
explain his ascendency?</p>
<p><br>
</p>
</body>
</html>