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Home»Business & Finance»“Most People Have No Idea What’s About To Happen” – Richard Wolff’s Last WARNING
Business & Finance

“Most People Have No Idea What’s About To Happen” – Richard Wolff’s Last WARNING

Business BasicsBy Business BasicsSeptember 30, 2025No Comments2 Mins Read
“Most People Have No Idea What’s About To Happen” – Richard Wolff’s Last WARNING
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“Most People Have No Idea What’s About To Happen” – Richard Wolff’s Last WARNING

The United States today finds itself in a profound economic and geopolitical contradiction. Policies intended to strengthen its position on the world stage are instead exposing deep weaknesses. From protectionist tariffs to harsh immigration enforcement and global trade confrontations, the very measures intended to project strength are eroding America’s competitiveness. Examples such as keeping world-leading Chinese EVs out of the U.S. market with 100% tariffs, or alienating African nations while China opens its markets, are now classic cases of self-inflicted damage.
Richard Wolff, a renowned economist and professor of economics at The New School in New York, is recognized for his incisive critiques of capitalism and lucid explanations of complex economic trends. Wolff argues that these decisions are not just tactical errors—they are symptoms of a much deeper structural problem: the United States is acting like a 20th-century empire in a 21st-century world that no longer bends to its will.
Wolff illustrates how policies that block cheap, high-quality products from entering the U.S. do not harm China; instead, they make American businesses less competitive. While companies across Europe, Africa, and Latin America buy BYD electric cars for $30,000, American companies are forced to pay $60,000 due to tariffs. Meanwhile, China is outflanking the U.S. in Africa by eliminating tariffs for all 53 nations, creating alliances and market access that Washington’s policies have effectively surrendered.
This is not a show of strength. It is a glaring weakness. A nation that once dominated global trade is now erecting walls around itself, unable to compete effectively on the world stage. And it’s not just trade. Immigrant labor, once a cornerstone of American growth, is being deported, hollowing out domestic production.

Business Basics delivers clear, original insights into the forces shaping today’s economy. In a world flooded with noise and misinformation, we break down complex financial trends into simple, actionable knowledge. As uncertainty grows across global markets, Business Basics is your trusted guide — helping you understand, prepare, and thrive through economic change.

#economy #globaltrade #richardwolff #gold #silver #globaleconomy #recession #money #trump

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