Geopolitical Economy Report

How much does the US benefit from printing the global reserve currency? An economist calculated that US average daily income would fall by 27-57% if the dollar lost its "exorbitant privilege". Ben Norton explains how wealthy investors not only in North America but around the world hold much of their wealth in the dollar. VIDEO: https://youtube.com/watch?v=jYkiMcR1Rj8 Link to Philip Pilkington's report and Twitter account: https://twitter.com/philippilk/status/1782409654519128497 Topics 0:00 US dollar dominance 2:00 Economics of exorbitant privilege 5:23 Current account 9:29 Balance of payments 12:31 Effects of dollar hegemony 14:45 Neoliberalism & financialization 17:41 Foreign capital funds US deficits 19:28 Global 1% invests in US assets 20:35 Super Imperialism 22:25 Fed inflates asset bubbles 25:22 De-industrialization in West 28:06 Industrialization in BRICS 28:57 Investment & FDI 33:08 Wages & manufacturing 35:00 Re-industrialization? 38:16 Outro

US President Joe Biden signed a law that will force TikTok's Chinese owner ByteDance to sell the app, or it will be banned in the US. Ben Norton explains how this is part of Washington's economic war, aimed at protecting Big Tech monopolies in Silicon Valley. VIDEO: https://youtube.com/watch?v=_WFYov2kfLI Topics 0:00 Biden signs law to ban TikTok 1:39 US tech war on China 5:00 India banned Chinese apps, giving US Big Tech total control 6:38 Protectionism or economic war? 8:30 Silicon Valley lobbied against TikTok 9:37 Donald Trump tried to ban TikTok... before doing 180 12:15 Role of Israel/Palestine/Gaza? 13:42 US trade war with Japan in 1980s 15:38 "Free market" hypocrisy 18:25 US does not truly want "competition" with China 19:39 Outro

If Ukraine loses in the NATO proxy war with Russia, "it will be the end of Western hegemony", lamented former British Prime Minister Boris Johnson. Ben Norton explains the geopolitics of the conflict, and how most of the Global South has not joined the Global North in opposing Moscow. VIDEO: https://youtube.com/watch?v=M8ZmkIhs8r0 Check out our related report - "‘Western dominance has ended’, EU foreign-policy chief admits, warning of ‘West against the Rest’": https://geopoliticaleconomy.com/2024/02/26/western-dominance-ended-eu-josep-borrell

Jill Stein explains why she decided to run for US president on an anti-war, pro-worker platform, challenging the duopoly of the Democrats and Republicans as the candidate for the Green Party. She is interviewed by political economists Radhika Desai and Michael Hudson. VIDEO: https://youtube.com/watch?v=oDUb7-MPH48 Read the transcript here: https://geopoliticaleconomy.com/2024/04/20/jill-stein-president-green-party-candidate/ You can watch other episodes of their program Geopolitical Economy Hour here: https://youtube.com/playlist?list=PLDAi0NdlN8hMl9DkPLikDDGccibhYHnDP

The US vetoed a resolution in the UN Security Council that called to recognize Palestine as a member state, while Israel launched attacks on Iran. Ben Norton shows how Washington is opposing peace. VIDEO: https://www.youtube.com/watch?v=VndvgbR51D4 Topics 0:00 Intro 1:29 Israel attacks Iran 4:39 US vetoes Palestinian UN membership 7:31 What is Palestine's status at UN? 8:57 Which countries recognize Palestine? 10:18 "Two-state solution" hypocrisy 12:01 How USA prevents peace in Palestine 15:35 US defended South African apartheid at UN 18:30 South Africa's anti-apartheid leaders support Palestine 21:02 China supports Palestine 22:56 Russia supports Palestine 23:47 UNSC Gaza resolutions vetoed by US 25:53 US sponsors Israel's crimes against humanity 27:23 Outro

A major Congress member and top former Trump administration official published an article calling to overthrow China's government. They boasted that the US is waging a new cold war and must win it, while proposing a military budget of $1.4 trillion per year. Ben Norton debunks the deceptions of the warmongers in Washington. VIDEO: https://youtube.com/watch?v=Q3RMl33SqNE Check out our related report: CIA director threatens China & Russia, says Ukraine war benefits US economy - https://geopoliticaleconomy.com/2024/02/07/cia-director-china-threat-russia-ukraine-war/ Topics 0:00 Topic 1:07 2024 election 1:59 Council on Foreign Relations & CIA 3:30 Matt Pottinger & Mike Gallagher 5:07 US new cold war on China 8:21 Deceptively distorting Xi Jinping's speeches 12:50 Information warfare 16:00 Colonialism 17:32 Misquoting Chinese officials 20:29 Militarization of Asia 21:49 $1.37 trillion military budget 22:44 US domination of Asia 24:51 Recruit "cold warriors" 26:44 Regime change: Rollback, not just containment 28:05 Manufacturing consent for war 29:21 Outro

Israel attacked Iran's embassy in Syria on April 1, in a blatant act of war. Iran had a legal right to respond in self-defense, according to article 51 of the UN Charter, which is exactly what it did by launching missiles and drone strikes on April 13. But Western governments are absurdly portraying Tehran as the aggressor. Ben Norton explains. VIDEO: https://youtube.com/watch?v=1p1-Psc0Un8 Topics 0:00 Intro 1:11 Israel attacked Iran first 2:50 Biden & Sunak erase history 3:57 US, UK, France blocked UN Security Council condemnation 5:14 Iran invoked article 51 of UN charter 7:02 UN chief Antonio Guterres' hypocrisy 8:32 West is destroying international law 10:46 World War III? 12:25 Outro

Washington accuses China of producing too many goods and demands "free market" policies. But the US government is spending trillions on industrial policy to protect its own manufacturing sector. Ben Norton details the hypocrisy of the allegations, the latest strategy in the US economic war on China. VIDEO: https://youtube.com/watch?v=GUpWxNcdnYU Topics 0:00 Intro 1:00 Chinese 'overcapacity' allegations 3:38 Janet Yellen 5:21 US vows to 'slow down China's rate of innovation' 8:02 Elon Musk begs for tariffs on Chinese EVs 10:40 US wants China to be economically subordinated 12:27 US tech war on China 14:39 Western industrial policy 16:31 Protectionism 18:38 US Inflation Reduction Act 20:12 US Chips Act 22:03 US undercapacity is the real problem 25:11 BYD has just 1.5% of EU EV market share 27:04 China's car exports vs Japan & South Korea 30:37 Is overcapacity a problem? 32:39 Outro

Political economists Radhika Desai and Michael Hudson analyze how the United States is waging an economic war against China. VIDEO: https://youtube.com/watch?v=4l3EbRUOGsI Transcript: https://geopoliticaleconomy.com/2024/04/09/us-waging-economic-war-china-radhika-desai-michael-hudson/ You can watch other episodes of their program Geopolitical Economy Hour here: https://youtube.com/playlist?list=PLDAi0NdlN8hMl9DkPLikDDGccibhYHnDP

In the United Nations Human Rights Council, the West voted against the rest of the world, supporting illegal sanctions (known as unilateral coercive measures). Ben Norton analyzes how the 14% of the population in the Global North constantly opposes the Global South, representing the Global Majority. VIDEO with maps and graphics here: https://youtube.com/watch?v=VHBIfmxkHh4 Links here: https://geopoliticaleconomy.com/2024/04/06/west-vote-rest-un-human-rights-council-sanctions/

Argentina's libertarian President Javier Milei ordered his intelligence agency to give full power to the CIA, while the US spy agency's director is welcomed to Buenos Aires. Ben Norton discusses how self-declared "anarcho-capitalist" Milei withdrew from BRICS, allied with Israel, and is implementing neoliberal shock therapy, selling off the South American nation in mass privatizations, as most workers live in poverty. VIDEO: https://youtube.com/watch?v=4VBlUW4BpYs Check out our related video "How extremist Javier Milei became Argentina's president: A story of debt, crisis, and empire": https://youtube.com/watch?v=FN6hoIb-QqA Topics 0:00 Foreign meddling in Argentina 1:08 Javier Milei 1:41 CIA 3:24 Billionaire oligarch 4:03 Anarcho-capitalism 5:05 IMF 7:17 Inflation 8:25 Poverty 9:43 Israel 11:00 Milei's geopolitical alignment: US & Israel 11:33 BRICS 12:13 US corporations 13:32 Beat the status quo... by joining it 14:24 US-backed coup & dictatorship 18:24 Outro

The US government has sent troops to Taiwan, just a few kilometers from mainland China, while also selling billions of dollars of weapons and military equipment. Is Washington preparing for war? Ben Norton analyzes the geopolitical situation. VIDEO: https://youtube.com/watch?v=sWWABuHjSvU After Ukraine, US readies ‘transnational kill chain’ for Taiwan proxy war: https://geopoliticaleconomy.com/2024/03/01/ukraine-us-kill-chain-taiwan-war Topics 0:00 Intro 2:15 US sends troops to Taiwan 4:39 US general threatens war on China 5:28 Nuclear weapons 7:03 US once had nukes in Taiwan 10:22 US "arms Taiwan to the teeth" 13:27 US military surrounds China 16:22 Pentagon's "kill chain for the Pacific" 18:23 Elon Musk's role 19:19 US military interoperability with Taiwan 20:57 Washington threatens Chinese sovereignty 22:58 US communiqués recognizing One China policy 27:46 US violates agreements 29:28 Parallels to Ukraine 31:48 Outro

Israel is carrying out genocide against the Palestinian people and "systematic destruction of every aspect necessary to sustain life in Gaza", United Nations Special Rapporteur Francesca Albanese detailed in her report titled "Anatomy of a Genocide". Ben Norton analyzes the political context. VIDEO: https://youtube.com/watch?v=o4e4fI_r3b0

The world economy is structured in an unjust way in which the West drains the wealth of the Global South. Ben Norton discusses the economics of imperialism, and how China has tried to reverse it. VIDEO: https://youtube.com/watch?v=PlAN5-Lk0hw China is ‘world’s sole manufacturing superpower’, with 35% of global output: https://geopoliticaleconomy.com/2024/01/31/china-world-manufacturing-superpower-production Topics 0:00 Global inequality 3:01 World-systems analysis 4:37 Prebisch-Singer thesis 6:55 Dependency theory & commodity supercycles 8:27 Unequal exchange 11:01 Haiti & Honduras: Wage suppression in the periphery 13:57 New International Economic Order 15:22 China & the Asian Tigers 19:27 The Global South rebels 22:41 South Africa's President Ramaphosa on industrialization 25:13 Indonesia's economic development 26:34 (Neo)colonialism in Indonesia 29:29 Indonesia bans raw mineral exports 32:18 Protectionism (for the West, not for the rest) 37:38 China helps Indonesia industrialize 42:04 The myth of Chinese "imperialism" 43:04 India's economy vs. Indonesia's 46:41 China's South-South integration 49:33 Outro

Political economists Radhika Desai and Michael Hudson are joined by Beijing-based scholar Mick Dunford to discuss China's economy and debunk Western media myths, addressing accusations that consumption is too low, fears of "Japanification", the role of exports, and the new Chinese growth strategy. VIDEO: https://youtube.com/watch?v=isJR5dS27qA This is part 2 of their discussion. Watch part 1 here: https://youtube.com/watch?v=3K1Vku1SDd8 You can watch other episodes of their program Geopolitical Economy Hour here: https://youtube.com/playlist?list=PLDAi0NdlN8hMl9DkPLikDDGccibhYHnDP

The US government's plan to either ban TikTok or force owner ByteDance to sell it to a (US) company is part of Washington's economic war on China, and an attempt to protect Big Tech monopolies in Silicon Valley. Ben Norton explains. VIDEO: https://youtube.com/watch?v=1I7reuh86CM Sources and links here: https://geopoliticaleconomy.com/2024/03/18/us-tiktok-ban-china-tech-monopolies/ Topics 0:00 US Congress moves to ban TikTok 2:04 US tech war on China 6:12 India bans Chinese apps, giving US Big Tech total control 7:51 Protectionism or economic war? 9:18 Silicon Valley lobbied against TikTok 10:49 Donald Trump tried to ban TikTok... before doing 180 13:27 Role of Israel/Palestine/Gaza? 14:54 US trade war with Japan in 1980s 16:51 "Free market" fundamentalist hypocrisy 18:45 The Washington Consensus 20:24 US does not truly want "competition" with China 21:38 Outro

Several reports in mainstream US media outlets show how the CIA has helped to direct the proxy war against Russia in Ukraine, and played a role in causing the conflict in the first place. Ben Norton examines the evidence. VIDEO: https://youtube.com/watch?v=C-PdT8ZUamQ US govt knew NATO expansion to Ukraine would force Russia to intervene: https://geopoliticaleconomy.com/2022/02/27/us-nato-expansion-ukraine-russia-intervene/ Topics 0:00 CIA's role in Ukraine proxy war 2:52 Germany reveals UK/France have troops in Ukraine 4:08 Western special ops commandos are in Ukraine 6:09 CIA trained Ukrainian forces before war with Russia 9:22 US knew NATO expansion would cause Russian intervention 12:26 NY Times reveals CIA operations in Ukraine 21:26 CIA was using US embassy in Ukraine 22:23 2014 US-backed Maidan coup 25:45 CIA spying inside Russia 27:59 NATO/EU member Estonia rewrites WWII history 30:04 Assassinations by CIA-trained Ukrainian forces 34:27 CIA collaborated with UK's MI6 and Netherlands 36:27 Outro

Political economists Radhika Desai and Michael Hudson are joined by Beijing-based scholar Mick Dunford to discuss what is actually happening in China, explaining its economic transition and move toward a new industrial revolution. VIDEO: https://youtube.com/watch?v=3K1Vku1SDd8 You can watch other episodes of their program Geopolitical Economy Hour here: https://youtube.com/playlist?list=PLDAi0NdlN8hMl9DkPLikDDGccibhYHnDP

The US government has sent Israel more than 100 arms shipments since October 7, to help it bomb Gaza. Polls show 52% of North Americans oppose these weapons sales. Biden is defying the Democratic Party's base, while allying with Trump and the Republicans. Ben Norton reviews the evidence. VIDEO: https://youtube.com/watch?v=Yoj8Sleb9XQ US kills 4th UN call for peace in Gaza, helping Israel violate Hague's genocide ruling: https://geopoliticaleconomy.com/2024/02/21/us-veto-un-resolution-gaza-israel-hague-genocide/ Topics 0:00 Most Americans oppose US arms sales to Israel 2:57 Youth & Democrats say Israel commits genocide 5:10 ICJ: genocide case against Israel is "plausible" 5:30 Top UN expert: Israel commits genocide in Gaza 6:03 US court: Israel "plausibly" committing genocide 7:00 Biden admin sends Israel 100+ arms shipments 9:17 US vetoes ceasefire resolutions in UN Security Council 9:50 Israel's war on Gaza is most destructive in modern history 10:50 Biden's cynical "food aid" PR stunt 11:19 Israel is starving Palestinian children to death 12:01 Amnesty: Israel violates Hague's Gaza ruling 12:46 UN warns Gaza kids are dying of hunger 13:50 China condemns Israel's "disgrace for civilization" 14:23 Malaysia's PM blasts West's "murderous" hypocrisy 16:21 Western colonialism continues 18:57 Outro

Why is the United States waging economic war on China? Ben Norton discusses how China became the world's industrial superpower and a leader in important technologies, why the US is unable to compete, and the clash between Western neoliberal capitalism and Chinese socialism. VIDEO: https://youtube.com/watch?v=c3ngd__0ok0 China is now the 'world's sole manufacturing superpower': https://geopoliticaleconomy.com/2024/01/31/china-world-manufacturing-superpower-production/ Topics 0:00 Bipartisan US economic war 2:19 China is world's #1 manufacturer 4:28 Clash of systems 6:29 Elon Musk laughed at Chinese competitors. Now they're beating him. 9:27 TikTok: Why US wants to ban it 10:56 EU threatens tariffs on China 11:20 West's hypocrisy on climate change 12:25 Solar panels: China installs more than rest of world combined 13:46 Clean energy is top driver of China's growth 14:56 China leads world in green transition 16:57 Neoliberal West can't outcompete China's state-led industrial development 18:27 The death of "free market" dogma 20:31 The myth of "free trade" 23:23 US opposes industrial policy when China does it 29:10 "Washington Consensus" failed, Washington admits 38:01 Ronald Reagan's trade war on Japan 43:25 Outro

The European Union’s top diplomat, Josep Borrell, admitted that the “era of Western dominance has indeed definitively ended”. He warned that the EU must not divide the world into “the West against the Rest”, as “many in the ‘Global South’ accuse us of ‘double standards’”. Ben Norton analyzes the historic shift. VIDEO: https://youtube.com/watch?v=PVSQRypJXzY Sources and more information here: https://geopoliticaleconomy.com/2024/02/26/western-dominance-ended-eu-josep-borrell/ Related videos: - EU confesses 'our prosperity was based on China & Russia': cheap energy, low-paid labor, big market: https://geopoliticaleconomy.com/2022/10/18/eu-prosperity-china-russia-energy-market/ - West votes against democracy, human rights, cultural equality at UN; promotes mercenaries, sanctions: https://geopoliticaleconomy.com/2023/11/26/west-vote-democracy-human-rights-un-sanctions/ Topics 0:00 "Western dominance has ended" 2:41 Europe's "prosperity was based on China and Russia" 4:05 West vs. the Rest 5:07 Ukraine and NATO 7:05 Europe becoming US "vassal" 8:06 West votes against rest of world at UN 12:44 US-led imperialist system 18:58 Terms "Global South" and "West" 24:54 Outro

Political economists Radhika Desai and Michael Hudson discuss the rhetoric and reality of Bidenomics, and how good US President Joe Biden really was for the economy. VIDEO: https://youtube.com/watch?v=Xwht64COz2Q Transcript: https://geopoliticaleconomy.com/2024/02/28/bidenomics-economy-radhika-desai-michael-hudson/ You can find other episodes of their program Geopolitical Economy Hour here: https://geopoliticaleconomy.com/tag/geopolitical-economy-hour/

The Western media showed its extreme bias by whitewashing the fatal protest of US airman Aaron Bushnell, who set himself on fire outside Israel's embassy in Washington, DC while shouting "Free Palestine!" and "I will no longer be complicit in genocide!". Ben Norton contrasts the press' coverage of Russia, showing clear double standards. VIDEO: https://youtube.com/watch?v=u3J4FfAGaEI

Many Latin American countries have accused Israel of genocide against the Palestinian people, even comparing it to Nazi Germany. Ben Norton explains the responses of Argentina, Bolivia, Brazil, Chile, Colombia, Cuba, Ecuador, El Salvador, Guatemala, Honduras, Mexico, Nicaragua, Peru, and Venezuela. VIDEO: https://youtube.com/watch?v=63Zj691F8Iw Topics 0:00 Intro 0:54 Latin American countries that support Palestine 1:47 ICJ or ICC? Differences 2:41 ICJ says Israel can be investigated for genocide 3:32 Israel's war on Gaza is most destructive in modern history 4:20 Brazil's President Lula compares Israel to Nazi Germany 6:01 Israeli media compares Netanyahu's government to Nazis 8:18 Colombia's President Gustavo Petro accuses Israel of genocide 9:43 Bolivia's ex-President Evo Morales accuses Israel of genocide 10:22 US imperialism in Latin America and West Asia 12:08 Venezuela compares Israel to Nazi Germany 13:07 Nicaragua's President Ortega blasts West's "horrendous crimes" 13:56 Nicaragua joins South Africa's ICJ case 16:04 Cuba accuses Israel of genocide 16:39 Bolivia breaks diplomatic ties with Israel 16:58 Belize breaks diplomatic ties with Israel 17:08 Honduras recalls its ambassador in Israel 17:19 Latin America's right-wing governments support Israel 18:41 El Salvador's Nayib Bukele supports Israel 19:23 Argentina's Javier Milei supports Israel 20:21 Latin American left vs right 21:13 Latin America's anti-imperialist leadership 23:18 Outro

The United States used its veto power to block a fourth UN Security Council resolution that called for a humanitarian ceasefire in Gaza. The Biden administration keeps sending weapons to Israel, helping it violate an International Court of Justice (ICJ) ruling that says Netanyahu must respect the Genocide Convention and stop killing Palestinians. Ben Norton explains. Sources and more information here: https://geopoliticaleconomy.com/2024/02/21/us-veto-un-resolution-gaza-israel-hague-genocide VIDEO: https://youtube.com/watch?v=zDcN9LsntHI Our related video - Israel admits Gaza health ministry death toll is accurate: https://youtube.com/watch?v=Dbj1GNT3Mjk Topics 0:00 US votes against 4th UNSC Gaza resolution 4:13 Israel violates ICJ genocide ruling 6:15 UN says 100,000 Palestinians killed, wounded, or missing 7:34 Gaza health ministry death toll 8:23 Israel's war on Gaza is most destructive in modern history 9:57 US sends more weapons to Israel 11:35 Biden admin's hypocrisy 13:05 EU foreign policy chief criticizes Israel's "slaughter" 15:26 Canada's military support for Israel 17:05 Image of US voting against the world 17:40 Russia condemns Israel's ethnic cleansing 19:10 France says Israel must end war 19:47 China urges peace and "justice" in Palestine 20:39 US doctor describes "annihilation" in Gaza 22:16 ICJ cases against Israel 23:35 US threatens South Africa 24:20 New York governor uses genocidal rhetoric 25:11 Top UN official warns of "slaughter" in Gaza 26:41 Israel bombs Lebanon too 27:32 Outro

NATO's new cold war on Russia and China is destroying Germany's industrial base, devastating Europe's economy, and destabilizing its politics, fueling the rise of the far-right, as neoliberal austerity policies exacerbate the ongoing recession. Ben Norton analyzes the evidence. Links: - EU confesses ‘our prosperity was based on China & Russia’: cheap energy, low-paid labor, big market: https://geopoliticaleconomy.com/2022/10/18/eu-prosperity-china-russia-energy-market - German lawmaker denounces Ukraine 'proxy war' and US 'terror attack' on Nord Stream pipelines: https://geopoliticaleconomy.com/2023/02/22/germany-ukraine-nord-stream-sevim-dagdelen - How corporate profits are driving inflation, not workers' wages: https://geopoliticaleconomy.com/2023/06/26/corporate-profits-inflation-europe-imf Topics 0:00 Crisis in EU's economic heart: Germany 5:04 EU admits "our prosperity was based on China and Russia" 6:51 German industry 8:09 US-NATO "vassalization" of Europe 10:09 Cheap Russian gas or expensive US LNG? 13:37 Corporations and speculators profit 17:08 Greedflation 19:08 Neoliberal austerity is back 21:24 US Inflation Reduction Act (IRA) 23:52 Economic war on China backfires 27:01 Rise of far-right 29:46 Germany's leftist anti-war alternative 33:01 Environmentalist policies are not the problem 34:56 Outro

Why are countries seeking alternatives to the US dollar? And what role can central bank digital currencies (CBDCs) play in dedollarization? Ben Norton explains how China is using the e-yuan (e-CNY) in new institutions like the mBridge system. VIDEO: https://youtube.com/watch?v=v61dgvN81n0 US Congress plots to save dollar dominance amid global de-dollarization rebellion: https://geopoliticaleconomy.com/2023/06/20/us-congress-dollar-dominance-hearing Topics 0:00 De-dollarization 6:03 Central bank digital currencies (CBDCs) 10:41 mBridge system 12:24 Why China and other countries use CBDCs 16:43 Surveillance? Or privatized tyranny? 19:54 Why Wall Street opposes CBDCs 25:21 Stability and bank bailouts 27:59 Monetary sovereignty 30:12 mBridge experiments 32:39 International trade (without dollars) 40:10 Why are CDBCs so feared in the US? 41:47 Outro

Russian President Vladimir Putin condemned the "boogeyman" anti-China propaganda that Trump ally Tucker Carlson spewed in his interview in Moscow, while also mocking Tucker for applying to join the CIA. Ben Norton documents the former Fox News host's long history of pushing for war on China. VIDEO: https://youtube.com/watch?v=JzEc5GbSbIU Sources and more information here: https://geopoliticaleconomy.com/2024/02/10/putin-tucker-carlson-china-cia Topics 0:00 Tucker's warmongering against China 3:05 Putin debunks Tucker's anti-China propaganda 5:08 Republicans want to divide Russia from China 13:44 Tucker Carlson's CIA links 15:47 Putin mocks Tucker for his CIA application 16:19 Tucker's racist neoconservative past 17:59 Tucker's neocolonial views on Latin America 20:09 Democrats vs GOP: Bipartisan imperialism 23:04 US failure to divide Russia from China 23:40 Outro

Political economists Radhika Desai and Michael Hudson discuss realistic alternatives to the neoliberal model of financialization, and tangible policies to build a productive, sustainable economy. VIDEO: https://youtube.com/watch?v=o2HTc8yA4mI Transcript: https://geopoliticaleconomy.com/2024/02/09/economic-solutions-neoliberalism-radhika-desai-michael-hudson You can watch other episodes of their program Geopolitical Economy Hour here: https://youtube.com/playlist?list=PLDAi0NdlN8hMl9DkPLikDDGccibhYHnDP

CIA Director William J. Burns published an article demonizing China and Russia as top "threats", boasting that the Ukraine war helps the US economically and geopolitically, and warning Taiwan could be next. Ben Norton explains the context. VIDEO: https://youtube.com/watch?v=uDv4KsLXua8 Sources and more information here: https://geopoliticaleconomy.com/2024/02/07/cia-director-china-threat-russia-ukraine-war China is now the 'world's sole manufacturing superpower'. How did it develop so fast?: https://geopoliticaleconomy.com/2024/01/31/china-world-manufacturing-superpower-production

Reports reveal that the US Drug Enforcement Administration (DEA) used known criminals to spy on and destabilize the left-wing governments in Venezuela, Mexico, and Bolivia. Ben Norton reviews the scandalous evidence detailing Washington's corrupt meddling in Latin America. VIDEO: https://youtube.com/watch?v=5q2531l5Y5M Links: - Trump boasts he wanted to take Venezuela’s oil after overthrowing its government: https://geopoliticaleconomy.com/2023/06/12/trump-venezuela-oil-coup - CIA backed failed 2020 invasion of Venezuela, top coup-plotter says: https://geopoliticaleconomy.com/2022/02/02/cia-invasion-venezuela-cliver-alcala Topics: 0:00 Intro 1:01 Venezuela 9:03 US coup attempt & invasion 14:50 Bolivia 21:02 Mexico 31:28 CIA & drug trafficking 33:02 Outro

US President Joe Biden and Western media pundits echoed Israel's disinformation casting doubt on the Palestinian health ministry death toll in Gaza, but Israeli intelligence officials have admitted it is accurate. Ben Norton looks at the evidence. VIDEO: https://youtube.com/watch?v=Dbj1GNT3Mjk Despite Biden’s claims, Gaza health ministry death toll is accurate, scientific studies show: https://geopoliticaleconomy.com/2023/12/19/gaza-health-ministry-death-toll-accurate-study ICJ’s Israel genocide decision: Historic victory for Palestinians and Global South: https://geopoliticaleconomy.com/2024/01/27/icj-israel-genocide-palestinians

"China is now the world’s sole manufacturing superpower", a mainstream European think think has acknowledged. Ben Norton explains China's historic growth and development model, and how the Chinese socialist market economy works. VIDEO: https://youtube.com/watch?v=WnDWr2YLBgI Sources and more information here: https://geopoliticaleconomy.com/2024/01/31/china-world-manufacturing-superpower-production

The historic decision by the UN's International Court of Justice (ICJ) that Israel may be violating the genocide convention is a victory for the Palestinian people, and Global South as a whole, after centuries of Western colonialism. Ben Norton analyzes the implications. VIDEO: https://youtube.com/watch?v=wOBqJfsm3VI Why does the US support Israel? A geopolitical analysis with economist Michael Hudson: https://geopoliticaleconomy.com/2023/11/12/why-us-support-israel-geopolitics-michael-hudson

Israel has lost support in 42 of 43 countries polled, with an 18.5% drop in favorability worldwide, as it wages a brutal war on Gaza and faces charges of genocide at the International Court of Justice. Ben Norton analyzes the findings. VIDEO: https://youtube.com/watch?v=nMRBYzNtUcU Check out our related reports: - French ambassador: US ‘rules-based order’ means Western domination, violating international law: https://geopoliticaleconomy.com/2022/11/21/gerard-araud-france-us-rules-based-order - Despite Biden’s claims, Gaza health ministry death toll is accurate, scientific studies show: https://geopoliticaleconomy.com/2023/12/19/gaza-health-ministry-death-toll-accurate-study - Is a huge war coming? US bombs Yemen, Iraq & Syria. Israel bombs Gaza & Lebanon. Both threaten Iran: https://geopoliticaleconomy.com/2024/01/18/war-us-israel-yemen-iraq-syria-iran/ Topics 0:00 Israel is unpopular worldwide 8:19 Myth of West's 'rules-based order' 13:19 Gaza death toll 17:00 Latin America backs ICJ genocide case 19:06 Israel says Hague won't stop it 20:17 Global South rebels 22:39 Outro

The US government is preparing a "sustained military campaign" in Yemen, according to the Washington Post. Why is Biden waging this war? Who are the "Houthis"? Why is Saudi Arabia urging "restraint"? What is Israel's role? Ben Norton explains. VIDEO: https://youtube.com/watch?v=OQT5GvayQlY Check out our related reports: - US bombs Yemen, Iraq & Syria. Israel bombs Gaza & Lebanon. Both threaten Iran: https://geopoliticaleconomy.com/2024/01/18/war-us-israel-yemen-iraq-syria-iran - China brokers Iran-Saudi peace: big blow to petrodollar, geopolitical game changer: https://geopoliticaleconomy.com/2023/03/17/china-iran-saudi-peace-petrodollar - US-Saudi war on Yemen has killed 377,000 people – UN estimate: https://geopoliticaleconomy.com/2022/02/20/us-saudi-war-yemen-377000-deaths-un Topics 0:00 US wages war on Yemen 4:34 Why did US lose Saudi support? 6:52 Shifting geopolitical order 8:27 Who are Yemen's 'Houthis'? 14:16 Geo-economics of Red Sea 20:47 What are US war plans in Yemen? 25:27 Why is Saudi Arabia urging 'restraint'? 32:40 China is now Middle East's top trading partner 35:30 US' historic transition from oil importer to exporter 37:44 Obama boasts of making Wall Street richer and expanding oil production 38:35 Why US-Saudi relations have deteriorated 41:15 Biden breaks campaign promise to end Yemen war 42:30 US creates world's worst humanitarian crisis... twice 46:36 Outro

The world's richest 1% own 43% of global financial assets, and the wealth of the top five billionaires has doubled since 2020, while 60% of humanity got poorer, according to a report by Oxfam, published to coincide with the World Economic Forum meeting of capitalist oligarchs and Western government officials in Davos, Switzerland. Ben Norton analyzes the findings. VIDEO: https://youtube.com/watch?v=RHmTCuCCMV8 Sources and more information here: https://geopoliticaleconomy.com/2024/01/18/billionaires-richest-doubled-wealth-poorer-oxfam Check out our related video "Global debt is unpayable: How Wall Street traps poor countries, profiting rich ones": https://youtube.com/watch?v=WRkhWQ0sRn4

The US military is attacking Yemen, Iraq, and Syria, while Israel bombs Gaza and Lebanon. Both are threatening Iran. Is a huge regional war coming? Ben Norton explains the dangerous situation in the Middle East. VIDEO: https://youtube.com/watch?v=G0uXnxBWG-Q Check out our related video "Who are Yemen's 'Houthis'? Why are they attacking Israel-bound ships in Red Sea?": https://youtube.com/watch?v=jhcoG-PHot8 Our report "US troops are occupying Syria’s oil fields. Congress refuses to withdraw them": https://geopoliticaleconomy.com/2023/12/12/us-troops-occupy-syria-oil-congress-withdraw

Political economists Radhika Desai and Michael Hudson discuss the massive explosion of debt in the US and around the world, and how neoliberal economics leads to large bubbles based on speculation and asset-price inflation. VIDEO: https://youtube.com/watch?v=A63afuvkbmk You can watch other episodes of their program Geopolitical Economy Hour here: https://youtube.com/playlist?list=PLDAi0NdlN8hMl9DkPLikDDGccibhYHnDP

The expanding BRICS bloc and many Global South countries are trying to de-dollarize, diversifying their foreign exchange reserves and trading with local currencies, due to the threat of US sanctions and rising Fed interest rates that make it difficult to service dollar-denominated debt. Ben Norton explains. VIDEO: https://youtube.com/watch?v=qT8IwbTdia0

What is Yemen's so-called "Houthi" movement, officially known as Ansarallah? Why are they blocking Israel-bound ships from entering the Red Sea? Ben Norton explains. VIDEO: https://youtube.com/watch?v=jhcoG-PHot8

Three of the four largest banks crashes in US history took place in 2023, and the government printed hundreds of billions of dollars to bail out their rich uninsured depositors. VIDEO: https://youtube.com/watch?v=wiaqlhenHOI Read more here: US government bailout of Silicon Valley and banks is $300B gift to rich oligarchs: https://geopoliticaleconomy.com/2023/03/19/fed-bailout-silicon-valley-banks

Western media outlets have absurdly claimed China's economy is collapsing, due to a crisis in the real estate sector. But in reality, this is part of an intentional transition away from infrastructure, toward more investment in technological production. Ben Norton explains. VIDEO: https://youtube.com/watch?v=VlXUy65hqv4 Check out our related video "How China became the world's industrial superpower - and why the US is desperate to stop it": https://youtube.com/watch?v=BT7Th2aV0wM

These were the most important geopolitical and economic issues of 2023, including the wars in Gaza and Ukraine, US-China tensions, BRICS expansion, growing de-dollarization, inflation crisis, crypto fraud, bank crashes, European de-industrialization, and more. Journalist Ben Norton reviews the chaotic year. VIDEO: https://youtube.com/watch?v=nA9qSH6uHu8 Links here: https://geopoliticaleconomy.com/2023/12/31/stories-2023-gaza-ukraine-china-brics Topics 0:00 Top stories of 2023 5:01 Israel's war on Gaza 8:24 Ukraine losing in NATO-Russia war 13:02 Africa's Sahel rebels 14:42 Growing global inequality 16:10 BRICS expansion 19:10 De-dollarization 25:52 Inflation (and 'greedflation') 29:40 Debt crises 34:19 Bank failures (and US bailouts) 41:39 Crypto fraud 43:21 Europe: stagnation and de-industrialization 46:12 China's economic transition 56:06 US new cold war on China 1:01:09 India grows closer to US (and Russia) 1:03:55 Pakistan's Imran Khan imprisoned 1:05:08 Brazil's Lula returns 1:07:40 Argentina's Javier Milei 1:09:53 Peru coup 1:12:03 US-Mexico tensions 1:13:26 Biden loses supports as 2024 election nears 1:15:43 Outro

Is Israel's war on Gaza expanding into a regional conflict? Why is Yemen attacking ships in the Red Sea? What are the roles of Iran and Saudi Arabia? Journalist Ben Norton analyzes the geopolitics of the crisis. (This analysis features many maps, so watching the video is recommended.) VIDEO: https://youtube.com/watch?v=C-YjyCjH7SA

Western sanctions over the Ukraine war have backfired, rapidly de-industrializing Europe while accelerating Russia's economic integration with Asia. Journalist Ben Norton explains the historic changes. VIDEO: https://youtube.com/watch?v=DkuKnYdtW9w EU confesses ‘our prosperity was based on China & Russia’: cheap energy, low-paid labor, big market: https://geopoliticaleconomy.com/2022/10/18/eu-prosperity-china-russia-energy-market BRICS expanding into economic powerhouse: Petrodollar under threat - https://youtube.com/watch?v=1SIfrWkQXeE

Despite US President Biden's claims to the contrary, the Gaza death toll reported by the Palestinian health ministry is accurate, according to peer-reviewed articles by scientists in leading medical journal The Lancet. Meanwhile, Israel is massacring civilians - including some of its own. VIDEO: https://youtube.com/watch?v=faNjI2bIIpc

Political economists Radhika Desai and Michael Hudson discuss neoliberalism, and the premature predictions about its demise. VIDEO: https://youtube.com/watch?v=1cApt5QVpWI Transcript: https://geopoliticaleconomy.com/2023/12/15/neoliberalism-dead-radhika-desai-michael-hudson You can watch other episodes of their program Geopolitical Economy Hour here: https://youtube.com/playlist?list=PLDAi0NdlN8hMl9DkPLikDDGccibhYHnDP

The US military has illegally occupied Syrian sovereign territory since 2014, preventing Damascus from accessing its own oil and wheat fields. The Senate voted 13-84, rejecting a resolution to withdraw US troops. Journalist Ben Norton analyzes the situation. VIDEO: https://youtube.com/watch?v=UyZb-DKR1fw Sources and links here: https://geopoliticaleconomy.com/2023/12/12/us-troops-occupy-syria-oil-congress-withdraw

The US government has paralyzed the United Nations, voting against the rest of the world and preventing peace in Gaza by vetoing three different resolutions in the Security Council. Meanwhile, Washington continues selling weapons to Israel. Journalist Ben Norton explains the scandal. VIDEO: https://youtube.com/watch?v=mD9AQfperGc Check out our related reports: - US blocks peace in Gaza, supporting Israel's genocidal war on civilians: https://geopoliticaleconomy.com/2023/10/22/us-peace-gaza-israel-genocide - US votes against world as UN condemns Israel's illegal settlements in occupied Palestine and Syria: https://youtube.com/watch?v=daKuVX1eQSM - US votes against peace in Gaza, defying vast majority of planet at UN: https://youtube.com/watch?v=Vph4YDi17Ps