This is a weekly thread in which we read through books on and related to imperialism and geopolitics. Last week's thread is here.
Welcome to the thirteenth week of Michael Hudson's Super Imperialism: The Origin and Fundamentals of US World Dominance! I'm reading the Third Edition.
For every week, I will write a summary of the chapter(s) read, for those who have already read the book and don't wish to reread, can't follow along for various reasons, or for those joining later who want to dive right in to the next book without needing to pick this one up too. I will post all my chapter summaries in this final thread, for access in one convenient location. Please comment or message me directly if you wish to be pinged for this group.
This week, we will be reading Chapter 13: Power Through Bankruptcy, 1968-1970, which is approximately 20 pages.
It's really silly that the US can just use its debt to keep everyone else capitulating to the US Empire. I see how and why it happened, but it's nonetheless ridiculous.