[And that's not good for the US. How will this impact the climate crisis, which we're way behind in?]

Here’s what Biden said, in effect: “We’re way behind in the pace of global warming.” American policy is based on increasing and accelerating global warming. That has been a central point of US policy ever since I joined the Hudson Institute in the 1970s. The United States is opposing any attempt at trying to preventglobal warming because you can imagine what would happen if other countries go to solar energy and renewable energy. That will reduce their dependency on the US oil industry. If you look at American policy, it is being run basically by the oil industry to establish dependence of other countries on oil. Then obviously the last thing the United States is ever going to do is prevent global warming. So, if we’re behind in global warming, it’s that the sea level is not rising fast enough. The world is not getting hot fast enough not to lock in foreign reliance on America’s oil.

And I think you’ve seen what in the last few weeks, what President Biden has said, the fuel of the future is coal and oil. Right now, he’s in Poland. I think he’s suggesting that Polish coal, which is one of its major products, should be used in Europe instead of Russian gas. So, American foreign policy is based on the accelerated use of coal and oil, not renewable energy.

Now, that’s why I think the environmental movement should become an anti-war movement and the movement against this neoliberal dollar hegemony. You’re not going to avoid global warming unless you stop the dominance of American foreign policy by the oil industry.

[And we're seeing that shift, of the environmental movement realizing that you need to address the US military. So, to close, how do you predict things going in the US?]

Well, the United States has been getting a free ride internationally. So, much of the prosperity here has been the result of our not having to pay for our own military spending, not having to pay for many of the foreign investments that we’ve got that supply the US with low priced foreign raw materials. All that is being ended by President Biden’s policy, which, of course, the Republicans support just as much as the Democrats.

So, there’s really a political movement that is ending up impoverishing, I’d say, 99% of Americans. While the Federal Reserve saves the stock and bond market for the 1%, there’s going to be a huge squeeze that’s going to force, I think, most American families into debt leading to probably a close down of a lot of businesses just as you had the Covid crisis closing down a lot of businesses. You’re going to have the rising fuel prices, the rising food prices utterly force families into default and an inability to be self-supporting without either running into debt or selling their homes and becoming renters.

Well, and nobody can really ,it’s really Uncharted Territory because nobody thought there was an alternative. The economic view was as Margaret Thatcher said, “There is no alternative.” Well, now, America’s forced the world to find its own alternative.