This military escalation is existential on both sides—the US is fighting to maintain global hegemony while Russia, Iran, and China are fighting for national survival—ensuring the conflict will continue to be very destructive and create massive collateral damage to the global economy, African economies, and the global South through food crisis.

causalpending

Speaker

Michael Hudson

Evidence Quote

this escalation is if it really is existential on both sides, then it's going to continue to be very destructive and the collateral damage will be the world economy, the Asian economy, Africa, and the global south that is not going to get the fertilizer...they're essentially subject them to famine. This This is This year, 2026 is going to be a world historical year.

Source

Michael Hudson: The U.S. Plan to Revive Geoeconomic DominanceGlenn Diesen
Created: 8/12/2026, 5:57:21 PM

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