The War Economy to the Detriment of Humanity

By Peter Koenig and Prof Michel Chossudovsky
Global Research

August 25, 2026

Financial instability at the level of the entire planet,

Indebtedness, bankruptcies,

Money laundering, speculative trade, corruption, 

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Strong economic medicine, 

Fraudulent enrichment of a financial minority of billionaires 

Mass poverty in all major regions of the world,

Increase in defence spending to the detriment of societal programs, 

Collapse of the Welfare State.  

Corrupt politicians, 

To the detriment of the  Planet’s more than 8 Billion People.

Renowned economist Peter Koenig addresses the complexities of “the war economy”.

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