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Richard D. Wolff & Michael Hudson: Trump Just Crossed the Line — There’s No Coming Back

On January 1, 2026, economists analyze Europe’s deepening crisis: Macron’s unpopularity, failed attempts to seize Russian assets, and the U.S.-led push to isolate Europe from China and Russia. They warn of deindustrialization, rising social unrest, and the collapse of Western financial hegemony as countries pivot toward BRICS and public-sector-led development models.

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    Discussion on Trump’s alignment with Netanyahu, U.S. foreign policy shifts, and rising tensions with Iran, Venezuela, and China. Analysis of internal GOP divisions, impact of sanctions on Iran, and failed regime-change efforts. Also covers Ukraine stalemate, Taiwan militarization, and the consequences of expanding U.S. military conflicts.
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    Discussion on Ukraine war dynamics, Europe’s failed ceasefire proposals, Trump’s transactional foreign policy, Russia’s demand for legally binding security guarantees, and internal U.S. political tensions over support for Israel amid rising MAGA skepticism and Netanyahu’s domestic crises.