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Kyiv is losing to the Kremlin and the US to China - Wolff

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Due to the desire of the United States to maintain hegemony, endless conflicts will continue on the planet.

Axar.az reports that this was said by American economics professor Richard Wolff.

"From 1991 to 2021, the share of the United States in global production fell from 21 percent to 15.7 percent, while China's share increased from 4.3 percent to 18.6 percent," said R. Wolff.

According to him, this information changes the balance of power on the planet, and at the same time increases Washington's desire to create endless wars and impose sanctions on geopolitical rivals.

In addition, he noted that Kyiv was defeated in relative and absolute terms. Before the military operations, the GDP of the country was close to 200 billion dollars, but after a year it decreased to 60 billion dollars.

Date
2023.03.18 / 09:56
Author
Axar.az
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