Treasury Secretary Janet Yellen has proposed that governments around the world require payment of at least a uniform “global minimum corporate tax.
The U.S. will ignore the message from Anchorage. It is already testing China over Taiwan, and is preparing an escalation in Ukraine, to test Russia.
It wasn’t China that sold out generations of yet unborn Americans to feed the military Industrial complex to the tune of nearly a trillion dollars/year. It wasn’t China that bailed out the criminal bankers for trillions more dollars.
Michael Hudson and Pepe Escobar resume their conversation about a global monetary system that appears headed for divorce.