Michael Hudson: “Europe Is Committing Economic Suicide” | Ukraine War & Western Decline

Wednesday, 21 October 2026 — Radhika Desai – Geopolitical Economist

Ukraine’s position is becoming untenable, and now even Trump has cut a diesel deal with Putin and called for a new president in Kyiv. Yet Europe’s leaders refuse to stop. Why? Professor Michael Hudson joins me to explain how the wars on Russia and Iran form a single US campaign over the world’s oil. We discuss why Europe’s war has become performative, a cover for shovelling money to big corporations while waging a class war on Europe’s wage earners. With Germany, France and Italy heading to the polls in 2027, can NATO and the EU can survive the decline of the West?

 



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