Russia and China’s challenge to US hegemony

Recent economic and geopolitical events should be seen through a longer-term strategic lens. During the Cold War, we lived in a bipolar world dominated by the US and its Allies on one side and the Soviets and their vassal states on the other. Ever since the Soviet Union and the east bloc collapsed, there has been a lot of talk about the United States as a geopolitical and economic hegemon. And the Russian default in 1998 marked a low for post-Soviet Russian economic power. But the global landscape is changing. And two of the BRIC nations, China and Russia, are vying for greater geopolitical and economic status.
I have a unique position to view the recent developments from. As a former US diplomat and investment banker in Europe now producing an Economics-themed show for a Russian Televisi...


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