The show features Professor Richard Wolff discussing the implications of Joe Biden's foreign policy decisions, particularly regarding sanctions on Russia. Professor Wolff highlights the impact of these sanctions on Europe, particularly Germany's reliance on Russian oil and gas. He emphasizes the decline of the American Empire and its consequences on global financial systems, as seen through actions against Russian assets. The interview covers the struggle for Brics countries to establish a collective currency and the shift towards a new world order without American dominance. Professor Wolff provides insights on the changing geopolitical landscape and the need for honest dialogue and strategic planning in response.