On Twitter (blocked in the Russian Federation), he indicated that from 1991 to 2021, the US share of world production (total GDP) fell from 21% to 15.7%. At the same time, China’s share over the same period increased from 4.3% to 18.6%, writes RIA Novosti.
These data change the balance of power on the planet, the professor noted. However, they also increase Washington’s desire to unleash endless wars and impose sanctions on geopolitical rivals.
Earlier, the New York Post wrote that the sanctions against Russia forced many countries to abandon the US dollar, dealing a heavy blow to the position of the United States in the international arena. The era of unlimited dollar printing may be coming to an end, and with it the ability of the United States to buy foreign products cheaply.