Sanctions Backfire: US Is Being Left Behind
By Kevin Zeese and Margaret Flowers
Posted October 2, 2018
The United States has a long history of dominating international economic institutions and has been able to use that power in the past to control other governments and enrich its industries. At present, the United States is waging an economic World War targeting much of the world economy, including allies who refuse to comply with US mandates.
Among the nations included in the US economic war are China, Russia, Iran, Turkey, Venezuela, Nicaragua and North Korea. The European Union is being threatened with economic sanctions if it does not obey US demands to blockade the Iranian economy. More…