Like it or not, US no longer holding world in its palm, China is – Professor Richard Wolff to RT’s Boom Bust
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With less than a week left before the inauguration of Joe Biden, Washington is getting ready for the event with 15,000 members of the national guard in the streets of the capital, with closures and roadblocks.
After seeing what most Americans are used to seeing in other countries, the host of RT’s Boom Bust, Sara Montes de Oca, asked Professor Richard Wolff what is ahead for the dollar, markets, and the US political system.
READ MORE: China soon to rival NY & London as world’s financial center – Ray Dalio
“There’s no question in my mind that the whole world is looking at the US and it’s seeing too many signs of decline and decay,” the economist said, stressing that the process would be long.
“Whether it’s the extraordinary failures around being prepared for containing Covid, we are four percent of the population of the world, and we have 20 percent of the deaths from coronavirus. There’s no dancing around this,” Wolff said.

Like it or not, US no longer holding world in its palm, China is – Professor Richard Wolff to RT’s Boom Bust
With less than a week left before the inauguration of Joe Biden, Washington is getting ready for the event with 15,000 members of the national guard in the streets of the capital, with closures and roadblocks.
With less than a week left before the inauguration of Joe Biden, Washington is getting ready for the event with 15,000 members of the national guard in the streets of the capital, with closures and roadblocks.
After seeing what most Americans are used to seeing in other countries, the host of RT’s Boom Bust, Sara Montes de Oca, asked Professor Richard Wolff what is ahead for the dollar, markets, and the US political system.
READ MORE: China soon to rival NY & London as world’s financial center – Ray Dalio
“There’s no question in my mind that the whole world is looking at the US and it’s seeing too many signs of decline and decay,” the economist said, stressing that the process would be long.
“Whether it’s the extraordinary failures around being prepared for containing Covid, we are four percent of the population of the world, and we have 20 percent of the deaths from coronavirus. There’s no dancing around this,” Wolff said.