First Recourse for Rebels
Tom Stevenson: Financial Weaponry, 24 March 2022
The Economic Weapon: The Rise of Sanctions as a Tool of Modern War
by Nicholas Mulder.
Yale, 434 pp., £25, March 2022,978 0 300 25936 0 Show More
by Nicholas Mulder.
Yale, 434 pp., £25, March 2022,
“... 85 per cent of their trade in dollars.In Trade Wars Are Class Wars (2020), Matthew Klein and Michael Pettis showed that the US functions as the world’s importer of last resort – absorbing the trade surpluses of Europe and China – and that the American working class pays the price. But they didn’t discuss the power that accrues to the US through ... ”