Geopolitical Economy Report
516 episodes — Page 7 of 11
Global rebellion against the neocolonial financial system: 'We must change the rules of the game'
Global South countries making up 80% of the world population called to transform the "unfair international economic order" at the G77+China summit in Cuba. VIDEO: https://youtube.com/watch?v=A4I5bLlip5Y Topics 0:00 Introduction 1:19 G77 vs G20 vs G8 vs G7 7:06 G77+China statement 18:17 Speech by Cuba's President Díaz-Canel 43:46 Speech by Nicaragua's President Daniel Ortega 49:44 Outro
China deepens ties with Venezuela, challenging US 'hegemonic mindset'
Condemning Washington's "hegemonic mindset" and sanctions, China strengthened its strategic partnership with Venezuela. The oil-rich South American nation's President Nicolás Maduro took a historic trip to Beijing, and applied to join BRICS. Ben Norton analyzes the important geopolitical and economic consequences. VIDEO: https://youtube.com/watch?v=n-jYaEb5SE0 How Trump and John Bolton attempted a coup in Venezuela: https://geopoliticaleconomy.com/2022/07/12/trump-john-bolton-coups-venezuela
The first 9/11: How the CIA overthrew Chile's democracy (and pillaged its copper)
On September 11, 1973, the CIA sponsored a coup that overthrew copper-rich Chile's democratically elected socialist President Salvador Allende and imposed a fascist military dictatorship led by General Augusto Pinochet. Journalist Ben Norton reviews the historical evidence. VIDEO: https://youtube.com/watch?v=mkB08AKNjQ0 Peru resource battle - CIA-linked US ambassador talks 'investments' with mining/energy ministers: https://geopoliticaleconomy.com/2023/01/19/peru-resources-mining-gas-investment
A huge debt crisis is coming
Around the world, debt is skyrocketing - and rising interest rates are making it unsustainable. In this first part, Ben Norton discusses the impending crisis in the United States, before explaining in part two how Wall Street traps the Global South in debt. VIDEO: https://youtube.com/watch?v=Ib3QOBbQR2g 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 4 US banks crash in 2 months: Banking crisis explained by economist Michael Hudson: https://geopoliticaleconomy.com/2023/05/05/first-republic-bank-crisis-michael-hudson
Western sanctions failing: EU imports more Russian gas, China beats US tech war
Western sanctions are backfiring: The EU is now importing Russian liquified natural gas at record levels, and China has made high-tech breakthroughs despite US export restrictions. Ben Norton discusses how this is strengthening their economic sovereignty while blowing back on Europe. VIDEO: https://youtube.com/watch?v=U5fycw5vkjo US now world's top LNG exporter, as Europe boycotts cheaper Russian gas: https://geopoliticaleconomy.com/2023/01/04/us-lng-exporter-europe-russia-gas Europe pays more for banned Russian oil, resold by India - as EU wages fall: https://geopoliticaleconomy.com/2023/04/30/europe-russia-oil-india-wages Journalist Seymour Hersh says US blew up Nord Stream pipelines connecting Russia to Germany: https://geopoliticaleconomy.com/2023/02/08/us-nord-stream-pipelines-seymour-hersh Topics 0:00 Introduction: US economic warfare 3:49 Western sanctions on Russia backfire 20:47 China resists US tech sanctions 30:48 Outro: Sanctions are failing
Imperialism: How the struggle of both classes and nations creates our world
Political economists Radhika Desai and Michael Hudson explain how imperialism is a product not only of the struggle between classes but also nations, and how the framework of geopolitical economy helps us understand the international relations of the capitalist world system. VIDEO: https://youtube.com/watch?v=vKVjpKCFd28 You can watch other episodes of their program Geopolitical Economy Hour here: https://youtube.com/playlist?list=PLDAi0NdlN8hMl9DkPLikDDGccibhYHnDP
BRICS expanding into economic powerhouse: Petrodollar under threat
In its South Africa summit, BRICS invited six new members: Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the UAE. The bloc now represents 37% of global GDP (PPP), over 40% of global oil production, and 1/3rd of global gas production, challenging the US petrodollar system. Ben Norton analyzes the importance of the meeting. VIDEO: https://youtube.com/watch?v=1SIfrWkQXeE BRICS debates mission at summit: Challenge West's G7 or be neutral?: https://youtube.com/watch?v=wQN7Uh_XMbA How a US debt trap in Argentina is fueling inflation, dollarization, far right: https://youtube.com/watch?v=1BRx90DhYWM US pressures Saudi Arabia to sell oil in dollars, not Chinese yuan: https://geopoliticaleconomy.com/2023/08/10/us-saudi-arabia-sell-oil-dollars-chinese-yuan Topics: 0:00 Introduction 3:21 Petrodollar under threat 7:51 BRICS+ makes up 40% of global oil production 9:00 BRICS+ makes up 1/3rd of global gas production 10:48 BRICS' massive economic weight 12:09 Will Argentina join? 18:29 De-dollarization 20:46 Saudi-Iran peace 23:35 BRICS vs. G7 30:17 Xi's speech 35:18 Putin's speech 41:06 Lula's speech 42:17 Lula calls for new BRICS currency 44:36 Lula warns of "green neocolonialism" 45:26 Africa-Latin America cooperation 47:42 Ramaphosa's speech 52:50 Venezuela 54:34 Cuba 55:37 Conclusion
BRICS debates mission at summit: Challenge West's G7 or be neutral?
The BRICS bloc of Brazil, Russia, India, China, and South Africa is holding a historic summit in Johannesburg, discussing expansion and de-dollarization, amid an internal debate: Will it openly challenge the Western-led G7 and its exploitation of the Global South, or will it simply promote neutrality? VIDEO: https://youtube.com/watch?v=wQN7Uh_XMbA US threatened to invade International Criminal Court. Now it loves ICC for targeting Putin: https://geopoliticaleconomy.com/2023/03/29/us-invade-icc-putin Iran joins group with China & Russia, calls to drop US dollar in trade: https://youtube.com/watch?v=YVKNh1gLSO0
USA & NATO responsible for Ukraine war, German & French public say in poll
Most people in Germany and France blame the United States and NATO for the war in Ukraine, according to a poll conducted not by a pro-Russian group but rather by anti-Putin activists. VIDEO: https://youtube.com/watch?v=ZwO5tEN_kIA US, UK, France promised USSR not to expand NATO east of Germany, newly discovered document proves: https://geopoliticaleconomy.com/2022/02/20/us-uk-france-russia-expand-nato-east-germany US gov’t knew NATO expansion to Ukraine would force Russia to intervene: https://geopoliticaleconomy.com/2022/02/27/us-nato-expansion-ukraine-russia-intervene
China blasts US hypocrisy in violating 'rules-based order'
The US constantly claims to uphold the so-called "rules-based international order" (which it never clearly defines), but China released a devastating report detailing Washington's hypocrisy on economic policies and "free trade". VIDEO: https://youtube.com/watch?v=x8dJ1iiXLbI EU admits new cold war is not ‘democracy vs autocracy’: Many 'authoritarian regimes on our side': https://geopoliticaleconomy.com/2022/10/27/eu-cold-war-democracy-authoritarian China condemns ‘US hegemony’, war crimes, CIA coups, 400 foreign interventions: https://geopoliticaleconomy.com/2023/02/22/china-report-us-hegemony-wars-coups-intervention
US pressures Saudi Arabia to sell oil in dollars, not Chinese yuan
As part of negotiations for Saudi Arabia to recognize Israel, the United States is demanding that Riyadh keep pricing its oil in dollars, not China’s renminbi or other currencies. VIDEO: https://youtube.com/watch?v=NmYybJZo3fo Sources and more information here: https://geopoliticaleconomy.com/2023/08/10/us-saudi-arabia-sell-oil-dollars-chinese-yuan How Israel is an apartheid regime, with Ali Abunimah: https://geopoliticaleconomy.com/2022/02/03/israel-apartheid-ali-abunimah
Niger coup: 78% of people support military government's anti-colonial policies
Western governments have demonized the coup in Niger and threatened intervention, but polls show that 78% of Nigeriens support the military government's anti-colonial policies. France is extremely unpopular due to its neocolonial practices, whereas Russia is widely seen as an ally. The new nationalist junta pledges to pursue true independence and sovereignty. VIDEO: https://youtube.com/watch?v=tAcc6U69E6o Check out our related video "US/France threaten intervention in resource-rich Niger - Fears of war in West Africa": https://youtube.com/watch?v=JZ_5nuoB940
Atomic bombing of Japan was NOT necessary to end WWII. US gov't documents admit it
US government documents admit that the nuclear bombing of Hiroshima and Nagasaki was not necessary to end WWII. Japan was on the verge of surrendering. The nuclear attack was the first strike in Washington's Cold War on the Soviet Union. VIDEO: https://youtube.com/watch?v=5vMEgneKF10 Links to sources and more information here: https://geopoliticaleconomy.com/2023/08/07/atomic-bombing-japan-not-necessary US-backed fascism in Japan - How Shinzo Abe whitewashed genocidal imperial crimes: https://geopoliticaleconomy.com/2022/07/09/fascism-japan-shinzo-abe-empire After nuking Japan, US gov’t lied about radioactive fallout as civilians died: https://geopoliticaleconomy.com/2022/08/16/japan-us-lied-radioactive-fallout
Anti-China hawks' drive to expand NATO into Asia may destroy Western military alliance
Political economists Radhika Desai and Michael Hudson are joined by geopolitical analyst Pepe Escobar to discuss how the war hawks' drive to expand NATO into Asia to contain China may destroy the Western military alliance. VIDEO: https://youtube.com/watch?v=vKS1IdQpBkA Transcript: https://geopoliticaleconomy.com/2023/08/04/nato-expand-asia-china-russia Part 1 of their discussion: https://geopoliticaleconomy.com/2023/07/28/nato-ukraine-russia-china-war You can watch other episodes of their program Geopolitical Economy Hour here: https://youtube.com/playlist?list=PLDAi0NdlN8hMl9DkPLikDDGccibhYHnDP
US/France threaten intervention in resource-rich Niger - Fears of war in West Africa
The US and France have threatened foreign intervention to re-install a pro-Western regime in Niger, which produces uranium needed for nuclear energy and hosts large US drone bases. This follows coups led by nationalist, anti-colonial military officers in neighboring Burkina Faso and Mali, which warn intervention could set off a regional war in West Africa. VIDEO: https://youtube.com/watch?v=JZ_5nuoB940
NATO failed in Ukraine against Russia. Now it's targeting China
Political economists Radhika Desai and Michael Hudson are joined by geopolitical analyst Pepe Escobar to discuss how NATO has shifted from its proxy war against Russia in Ukraine to targeting China in the Pacific. VIDEO: https://youtube.com/watch?v=2q6Usko4x6s Transcript: https://geopoliticaleconomy.com/2023/07/28/nato-ukraine-russia-china-war
US hypocritically attacks China on climate change, while Beijing leads world in renewable energy
The United States is the largest historic contributor to climate change, yet Washington is condemning Beijing for supposedly not doing enough. In reality, China is leading the world in the transition to renewable energy technology. VIDEO: https://youtube.com/watch?v=pJ3ItSYBaJs
How neoliberalism devastated the economy, fueling financial instability and extreme inequality
Political economist Radhika Desai discusses the origins of neoliberalism as a fringe ideology and how it became dominant, fueling extreme inequality, instability, and financialization. VIDEO: https://youtube.com/watch?v=lSTLsHAGoVA This is a discussion of chapter 4, "Neoliberal and its financializations", from Radhika's book "Capitalism, Coronavirus and War: A Geopolitical Economy". Other episodes in the series: https://youtube.com/playlist?list=PLDAi0NdlN8hNZoKp0XsLFwSxxlMQu6ye8 You can download Radhika's book for free here: https://geopoliticaleconomy.com/2023/02/17/capitalism-coronavirus-war-geopolitical-economy-radhika-desai
Colonialism or sovereignty? How the global financial system traps countries in debt
Political economists Radhika Desai, Michael Hudson, and Ann Pettifor discuss how the international financial system traps Global South countries in debt, reinforcing a neocolonial system. Transcript: https://geopoliticaleconomy.com/2023/07/11/colonialism-sovereignty-financial-system-debt VIDEO: https://youtube.com/watch?v=x13cSy8S8To You can watch other episodes of their program Geopolitical Economy Hour here: https://youtube.com/playlist?list=PLDAi0NdlN8hMl9DkPLikDDGccibhYHnDP
Iran joins group with China & Russia, calls to drop US dollar in trade
Iran has become a full member of the Shanghai Cooperation Organization, along with China, Russia, India, Pakistan, and Central Asian nations. The SCO represents 40% of the global population and one-third of the world economy. Iranian President Ebrahim Raisi called for challenging "Western hegemony" and de-dollarizing trade in the region, instead using local currencies for international settlements. VIDEO: https://youtube.com/watch?v=YVKNh1gLSO0
Biden joins Trump in appointing war criminal involved in genocide: Meet Elliott Abrams, coup expert
US President Joe Biden appointed notorious neoconservative war criminal Elliott Abrams as an advisor for "public diplomacy". Abrams previously served under Donald Trump, George W. Bush, and Ronald Reagan, and he oversaw genocide in Guatemala, massacres in Nicaragua and El Salvador, and coup attempts in Venezuela. VIDEO: https://youtube.com/watch?v=k2MUS0xRCTo
What is neoliberalism? How the 'Washington consensus' was imposed on the world
Neoliberalism is often misunderstood, but it is very important to understand this ideology that has dominated global economics and politics for decades. Ben Norton discusses the history of the neoliberal "Washington consensus", and how it was imposed on the world. VIDEO: https://youtube.com/watch?v=oUwLB4xUk0s How China became the world's industrial superpower - and why the US is desperate to stop it: https://youtube.com/watch?v=BT7Th2aV0wM
How China became the world's industrial superpower - and why the US is desperate to stop it
China has gone from one of the poorest countries on Earth to building the world's largest economy, responsible for nearly one-third of global manufacturing. Meanwhile, the US de-industrialized and financialized its economy. Journalist Ben Norton explains how. VIDEO: https://youtube.com/watch?v=BT7Th2aV0wM
How corporate profits are driving inflation, not workers' wages
Rising corporate profits have caused 45% of inflation in Europe, compared to 40% for rising import prices and just 15% for wages, according to research by IMF economists. VIDEO: https://youtube.com/watch?v=qdZbq1iw-ho Sources and more information here: https://geopoliticaleconomy.com/2023/06/26/corporate-profits-inflation-europe-imf US Federal Reserve says its goal is ‘to get wages down’: https://geopoliticaleconomy.com/2022/05/24/us-federal-reserve-wages-inflation
Europe is becoming ‘vassal’ of US, EU-funded think tank warns
The elite European Council on Foreign Relations, which is funded by many Western governments, warned that the EU is becoming a "vassal" of the United States, losing its independence. VIDEO: https://youtube.com/watch?v=-xcVy-Fta1I Read the original report here: https://ecfr.eu/publication/the-art-of-vassalisation-how-russias-war-on-ukraine-has-transformed-transatlantic-relations
A new Third World debt crisis? The need for system change
Political economists Radhika Desai, Michael Hudson, and Ann Pettifor discuss the growing debt crisis in the Global South and the need for forgiveness and system change. VIDEO: https://youtube.com/watch?v=-uxyjIFqi4o&feature=youtu.be Transcript: https://geopoliticaleconomy.com/2023/06/22/third-world-debt-crisis-ann-pettifor You can watch other episodes of their program Geopolitical Economy Hour here: https://youtube.com/playlist?list=PLDAi0NdlN8hMl9DkPLikDDGccibhYHnDP
US Congress plots to save dollar dominance amid global de-dollarization rebellion
The US Congress held a hearing titled "Dollar Dominance: Preserving the U.S. Dollar’s Status as the Global Reserve Currency", while countries around the world are joining the de-dollarization rebellion against Washington's exorbitant privilege. VIDEO: https://youtube.com/watch?v=94YZ9TKFOac
Did the debt ceiling deal really save the US from bankruptcy?
Economists Radhika Desai and Michael Roberts discuss the US debt ceiling deal reached by President Joe Biden and the Republican opposition, and what it means for the future of the economy. VIDEO: https://youtube.com/watch?v=fwZWYqcFvCY You can watch other episodes of their program Geopolitical Economy Hour here: https://youtube.com/playlist?list=PLDAi0NdlN8hMl9DkPLikDDGccibhYHnDP
Rise and fall of US-led neocolonial financial order: From Bretton Woods to BRICS
Ben Norton discusses the rise and fall of US-led neocolonial financial order, from the 1944 Bretton Woods conference that established the US dollar as the global reserve currency; to the 1971 Nixon Shock that ended the gold standard, Volcker Shock, Third World debt crisis, and emergence of neoliberalism; and finally to the historic growth of China and consolidation of the Global South-led BRICS bloc. VIDEO: https://youtube.com/watch?v=XTq9P4avOEk
Trump boasts he wanted to take Venezuela's oil after overthrowing its government
Former US President Donald Trump boasted at a campaign rally, "When I left, Venezuela was ready to collapse. We would have taken it over; we would have gotten to all that oil; it would have been right next door". This confirms the ulterior motives behind Washington's 2019 coup attempt with Juan Guaidó. VIDEO: https://youtube.com/watch?v=uqE-WqxfT1E Trump advisor John Bolton admits planning US coups in Venezuela and beyond: https://geopoliticaleconomy.com/2022/07/12/trump-john-bolton-coups-venezuela Trump wanted US military attacks on Venezuela, Defense Secretary Mark Esper details in book: https://geopoliticaleconomy.com/2022/05/19/trump-us-military-venezuela-mark-esper How Trump and John Bolton attempted a coup in Venezuela: https://youtube.com/watch?v=tzoJ_UVBV7w
Debunked: Media falsely claims China is building spy base in Cuba
Major media outlets have claimed China is building a secret station in Cuba to spy on the US, citing anonymous intelligence officials. But the Pentagon admitted this story is false. It is part of a larger information warfare campaign against Beijing, and could sabotage any attempts at diplomacy. VIDEO: https://youtube.com/watch?v=mtrprreJvoU
How the BRICS Bank is resisting US financial domination
The BRICS bloc’s New Development Bank (NDB), an alternative to the US-dominated World Bank, is de-dollarizing its loans, promoting local currencies, and growing with new members from across the Global South. VIDEO: https://youtube.com/watch?v=ltteCyO366o Sources and more information here: https://geopoliticaleconomy.com/2023/06/06/brics-new-development-bank-dollar-adding-members Check out our related video "BRICS is adding members, planning new currency to challenge US dollar": https://youtube.com/watch?v=PfXyNqg8NDI
BRICS is adding members, planning new currency to challenge US dollar
Foreign ministers from BRICS (Brazil, Russia, India, China, and South Africa) met to discuss expanding the Global South-led bloc and creating a new global reserve currency to challenge the US dollar. VIDEO: https://youtube.com/watch?v=PfXyNqg8NDI Sources and more information here: https://geopoliticaleconomy.com/2023/06/03/brics-adding-members-currency-us-dollar
Why capitalism is inherently imperialist: Class struggle at the international level
Political economist Radhika Desai discusses how capitalism is inherently imperialist, what the class struggle looks like at the international level, and how "the dominant ideas are the ideas of the ruling classes of the dominant nations". This is a discussion of chapter 3, "The geopolitical economy of capitalism and socialism", from Radhika's book "Capitalism, Coronavirus and War: A Geopolitical Economy". VIDEO: https://youtube.com/watch?v=hhYsynUTc30 Other episodes in the series: https://youtube.com/playlist?list=PLDAi0NdlN8hNZoKp0XsLFwSxxlMQu6ye8 You can download Radhika's book for free here: https://geopoliticaleconomy.com/2023/02/17/capitalism-coronavirus-war-geopolitical-economy-radhika-desai
Debt ceiling hypocrisy: US boosts military budget while restricting food stamps for poor
US politicians from both parties agree: the deficit doesn't really matter. In their bipartisan deal to raise the debt ceiling, Biden and Republicans agreed to boost military spending to $885 billion, while making it more difficult for the poor to receive food stamps and welfare. VIDEO: https://youtube.com/watch?v=QUygZa2Eyx4 Sources and more information here: https://geopoliticaleconomy.com/2023/06/02/debt-ceiling-us-military-food-stamps How a US debt trap in Argentina is fueling inflation, dollarization, far right: https://youtube.com/watch?v=1BRx90DhYWM US makes up c 40% of global military spending, 10x Russia, 3x China: https://geopoliticaleconomy.com/2023/05/02/us-military-spending-russia-china
How a US debt trap in Argentina is fueling inflation, dollarization, far right
Argentina is trapped in unpayable odious debt owed to US vulture funds like BlackRock and the International Monetary Fund (IMF). This is fueling extreme inflation and far-right demagogues such as Javier Milei, who are calling for dollarization, adopting the dollar as the country's currency. VIDEO: https://youtube.com/watch?v=1BRx90DhYWM Sources and more information here: https://geopoliticaleconomy.com/2023/05/25/argentina-us-dollar-inflation-neocolonialism How Argentina has been trapped in neocolonial debt for 200 years: An economic history: https://geopoliticaleconomy.com/2022/12/18/argentina-neocolonial-debt-history
China builds global alternative as US-led financial order decays
To analyze how China is building a global alternative as the US-led neoliberal financial order decays, political economists Radhika Desai and Michael Hudson are joined by economic geographer Mick Dunford. VIDEO: https://youtube.com/watch?v=nP_o-Hk8KmM Transcript (with all graphs) here: https://geopoliticaleconomy.com/2023/05/27/china-economic-alternative-us-led-financial-order You can watch other episodes of their program Geopolitical Economy Hour here: https://youtube.com/playlist?list=PLDAi0NdlN8hMl9DkPLikDDGccibhYHnDP
Origins of debt: Michael Hudson reveals how financial oligarchies in Greece & Rome shaped our world
Economist Michael Hudson discusses his book "The Collapse of Antiquity: Greece and Rome as Civilization’s Oligarchic Turning Point", and how this history from 2000 years ago is still so relevant to understand our debt-based societies today. VIDEO: https://youtube.com/watch?v=Hqe3IQQo_t4 You can find links to all of Michael's books at his website https://Michael-Hudson.com You can support Michael on Patreon at Patreon.com/MichaelHudson
US post-9/11 wars caused 4.5 million deaths, displaced 38-60 million people, study shows
Wars the US waged in Iraq, Afghanistan, Syria, Yemen, and Pakistan following September 11, 2001 caused at least 4.5 million deaths and displaced 38 to 60 million people, with 7.6 million children starving today, according to studies by Brown University. VIDEO: https://youtube.com/watch?v=owjYEjib23M Sources and more information here: https://geopoliticaleconomy.com/2023/05/18/us-911-wars-million-deaths-displace
US backs Ecuador dictator: Right-wing banker dissolves parliament to stop impeachment for corruption
Ecuador's right-wing President Guillermo Lasso, a multimillionaire banker notorious for blatant corruption, dissolved the National Assembly to prevent it from impeaching him for embezzling public funds. The US government is strongly supporting the dictator as he rams through extreme anti-worker laws. He also has the backing of Peru's coup regime, which imprisoned leftist Pedro Castillo on false accusations of doing exactly what Lasso did. VIDEO: https://youtube.com/watch?v=Tg_WAuuvldc Peru coup - CIA agent turned US ambassador met with defense minister day before president overthrown: https://geopoliticaleconomy.com/2022/12/14/coup-us-ambassador-peru-cia
Criminals welcome as US recruits foreign proxies to wage 'irregular war' on adversaries
The US military arms and trains foreign fighters as "proxies" to wage "irregular warfare" against adversaries, and the Pentagon does not vet them to see if they have committed atrocities, according to documents obtained by the New York Times. VIDEO: https://youtube.com/watch?v=NwO6lVykGDs Sources and more information here: https://geopoliticaleconomy.com/2023/05/16/us-recruits-proxies-irregular-war CIA and NATO are waging sabotage attacks inside Russia: https://geopoliticaleconomy.com/2022/12/29/cia-nato-sabotage-attacks-russia
Ukraine's neoliberalism on steroids, Europe’s economic suicide
To analyze the conflict in Ukraine, political economists Radhika Desai and Michael Hudson are joined by economic geographer Mick Dunford. They discuss the aggressive neoliberal reforms being imposed by the Ukrainian government and Europe's suicidal policies. VIDEO: https://youtube.com/watch?v=6bF3QkHIB7I Transcript: https://geopoliticaleconomy.com/2023/05/15/ukraine-neoliberalism-europe-economic-suicide You can find other episodes of their program Geopolitical Economy Hour here: https://youtube.com/playlist?list=PLDAi0NdlN8hMl9DkPLikDDGccibhYHnDP
How CIA's Operation Mongoose terror war led to Cuban missile crisis
Historian Aaron Good discusses Operation Mongoose, the CIA's terror campaign against Cuba; how it led to the 1962 Cuban Missile Crisis; and the response of US President John F. Kennedy (JFK). VIDEO: https://youtube.com/watch?v=mR_skuR6910 This is from the Empire and the Deep State series that we are co-hosting with historian Aaron Good and producer Seamus McGuinness of the American Exception podcast. This is part 6 of our historical analysis of the JFK administration. PLAYLIST with past episodes in the series here: https://youtube.com/playlist?list=PLDAi0NdlN8hNArLl765PXe8tsTKmOciGL You can support American Exception at https://Patreon.com/AmericanException
NY Times is wrong on dedollarization: Economist Michael Hudson debunks Paul Krugman's dollar defense
Economist Michael Hudson responds to the misleading arguments against de-dollarization that New York Times columnist Paul Krugman made, as part of an attempt to defend US hegemony and the dollar system. VIDEO: https://youtube.com/watch?v=g9qjnl6jcx0 Transcript: https://geopoliticaleconomy.com/2023/05/10/ny-times-dedollarization-michael-hudson-paul-krugman-dollar Here you can find episodes of Michael's show with Radhika Desai, Geopolitical Economy Hour: https://youtube.com/playlist?list=PLDAi0NdlN8hMl9DkPLikDDGccibhYHnDP
Mexico’s AMLO sent Biden letter blasting US ‘interventionism’ and funding of opposition groups
Mexico’s President AMLO sent Joe Biden a letter condemning US “interventionism”, such as USAID funding of right-wing opposition groups that are trying to destabilize his elected government. VIDEO: https://youtube.com/watch?v=iFxiuqE_wy8 Sources and more information here: https://geopoliticaleconomy.com/2023/05/04/mexico-amlo-biden-letter-us-intervention ‘Mexico is not a US colony!’: AMLO condemns invasion threats, celebrates nationalization of oil, lithium: https://geopoliticaleconomy.com/2023/03/21/mexico-us-colony-amlo-invasion-nationalization-oil-lithium
History of US empire: Latin America & JFK - CIA terror war on Cuba, coups in Brazil & Dominican Rep.
Historian Aaron Good discusses US President John F. Kennedy's policies in Latin America, the CIA's terror war on Cuba, the coup against Brazil's left-wing President João Goulart, and the assassination of dictator Rafael Trujillo and coup against President Juan Bosch in the Dominican Republic. VIDEO: https://youtube.com/watch?v=_5xAypPNe2Y This is the Empire and the Deep State series that Geopolitical Economy Report editor Ben Norton is co-hosting with Aaron Good and Seamus McGuinness of the American Exception podcast. This is part 5 of our historical analysis of the JFK administration. PLAYLIST with past episodes in the series here: https://youtube.com/playlist?list=PLDAi0NdlN8hNArLl765PXe8tsTKmOciGL You can support American Exception at https://Patreon.com/AmericanException
4 US banks crash in 2 months: Banking crisis explained by economist Michael Hudson
Economist Michael Hudson joins Ben Norton to discuss the collapse of four US banks in two months, giant JP Morgan Chase taking over First Republic Bank, and how regulators - and the government itself - are in bed with the bankers. VIDEO: https://youtube.com/watch?v=ImjdVxd09fo Transcript here: https://geopoliticaleconomy.com/2023/05/05/first-republic-bank-crisis-michael-hudson
Understanding China's economic system: Socialism with Chinese characteristics
Learn about China's economic model with Beijing-based scholar Roland Boer, a professor at Renmin University and author of the book "Socialism with Chinese Characteristics: A Guide for Foreigners". VIDEO: https://youtube.com/watch?v=mgcyqkEOhQc
US makes up 40% of global military spending, 10x Russia, 3x China
The United States spent $877 billion on its military in 2022, nearly 40% of the global total, 10 times more than Russia ($86.4 billion), and three times more than China ($292 billion). The US military budget is larger than the next 10 biggest spenders combined. VIDEO: https://youtube.com/watch?v=IvI58EwlwwE
Sanctions backfire: Europe pays more for banned Russian oil, resold by India - as EU wages fall
The EU sanctioned Russia and boycotted its oil, yet is still buying it indirectly from India, at a higher price. This is fueling both de-dollarization and inflation in the Eurozone, where workers' real wages dropped 6.5% from 2020 to 2022. VIDEO: https://youtube.com/watch?v=Yuy6UvRbjNU Sources and more information here: https://geopoliticaleconomy.com/2023/04/30/europe-russia-oil-india-wages