“Washington has been overusing the sanctions weapon,” causing both allies and competitors to seek ways to circumvent the global dominance of the dollar, said Dr Gerald Horne, the prolific author and University of Houston professor of African American Studies and History. “The US doesn’t seem to realize that we are in a multi-polar world,” where no nation can dictate to all the others. Speaking on the Sputnik Radio program “The Critical Hour,” Horne told hosts Wilmer Leon III and Garland Nixon that China is preparing to circulate a digital form of yuan to break the stranglehold of the dollar.
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Dr. Gerald Horne joins Margaret Kimberley and Danny Haiphong to discuss his article for Black Agenda Report titled "From Crisis to Catastrophe: What is to be done in Eastern Europe?"
The US sanctions regime has created great damage throughout the world but also hastens the decline of imperialism.
