Collapse of the Dollar & the Death of Europe

Richard Wolff on Glenn Diesen's Podcast

Richard Wolff joins Glenn Diesen to examine the mounting pressures on the American economy, emphasizing the weakening role of the dollar in global trade. The discussion outlines how unsustainable U.S. debt levels, unpredictable policy shifts under Trump, and broader changes in global economic power are accelerating this decline. Europe’s economic dependency on the U.S. is framed as a liability, with calls for greater independence to mitigate future instability. The conversation also addresses the internal political fragmentation in the U.S. and the risks posed to global economic stability if current trajectories continue unchecked.