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The Hartmann Report

WHAT WOULD BE THE ECONOMIC IMPACT OF A WAR IN UKRAINE OR TAIWAN?

The Hartmann Report

Thom Hartmann

News, Debate, The Hartmann Report, Economics, Thom Hartmann, Democracy, Climate Change, Congress, America

4.51.3K Ratings

🗓️ 16 February 2022

⏱️ 59 minutes

🧾️ Download transcript

Summary

Professor Richard Wolff - The Economic Impact Of a War in Ukraine or Taiwan? What would be the economic and real world impact on institutions, markets and average working people of a major military conflict somewhere in the world, for example, Ukraine or Taiwan?

Deep dive with Johann Hari on his new book "Stolen Focus: Why You Can't Pay Attention."

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Transcript

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0:42.9

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0:49.4

Welcome back, Tom Harbin here with you.

0:51.3

So it looks like we may be on the edge of war in Ukraine,

0:55.8

whether it's going to be all out, all over Ukraine, or whether they're going to try and take

1:00.0

another bite, the Russians are going to try and take another bite at this time out of the

1:03.2

Donbass region, the eastern Ukraine, or whether they're just going to back down.

1:06.8

We don't know, but meanwhile the Chinese are saber rattling about Taiwan, and they've got their

1:13.2

their, you know, more and more military incursions and all these kind of things.

1:17.9

What happens to the economy if war, a significant war breaks out?

1:23.6

I mean, we've all lived through, or many of us have lived through the Iraq War, the Afghanistan

1:28.5

War, even the Vietnam War, but none of us, or very few of us alive today, have lived through

1:34.4

an actual World War, a major conflict, a major international conflict that has the potential

1:40.6

to bring down large parts of the international economic order. What would that look like?

1:46.4

Let's ask Professor Richard Wolf, the economist, the co-founder of Democracy at Work.info,

1:51.1

author of numerous books, including most recently The Sickness, is the system when capitalism

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