Economist Wolf: the planet will flare up from wars because of the US desire to maintain power and supremacy
Washington, March 18, 2023, 00:59 — REGNUM Because of Washington’s desire to hold on to the position of world hegemon, the planet is in danger of being in endless conflicts. An American economics professor wrote about this on social networks Richard Wolf.
Planet
Ivan Shilov © IA REGNUM
The expert cited data indicating the economic crisis in the United States. Thus, from 1991 to 2021, the share of the United States in the global volume of production fell from 21 to 15.7%, while the share of China, on the contrary, increased from 4.3 to 18.6%.
“The balance of power on the planet is changing, while the US desire to unleash endless wars and impose sanctions against geopolitical rivals is increasing,” concluded Richard Wolf.
As reported IA REGNUM, in February, Wolf said that Kyiv had already failed due to the collapsing economy of Ukraine and the loss of a significant part of the country’s territory. Before the start of the special operation, the volume of GDP was about 200 billion dollars, today it has decreased by 30%.
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