Geopolitical Economy Report

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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 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

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

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

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

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

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

Economists Radhika Desai and Michael Hudson discuss de-dollarization, the global drive to drop the US dollar, and the transition away from financialized neoliberalism toward a new economic system. VIDEO (with slides): https://youtube.com/watch?v=0Jxl4LRpIpw Transcript here: https://geopoliticaleconomy.com/2023/04/29/de-dollarization-neoliberalism-radhika-desai-michael-hudson This is their program Geopolitical Economy Hour. Check out other episodes here: https://youtube.com/playlist?list=PLDAi0NdlN8hMl9DkPLikDDGccibhYHnDP

As the war drags on, Ukraine is selling off state assets in a big privatization spree. US fossil fuel corporations like ExxonMobil, Chevron, and Halliburton are in discussions to take over the country's energy industry. VIDEO: https://youtube.com/watch?v=LXXk0e-nbvg Sources and more information here: https://geopoliticaleconomy.com/2023/04/28/us-corporations-ukraine-oil-gas Zelensky is literally selling Ukraine to US corporations on Wall Street: https://geopoliticaleconomy.com/2022/09/09/zelensky-selling-ukraine-wall-street West prepares to plunder post-war Ukraine with neoliberal shock therapy: privatization, deregulation, slashing worker protections: https://geopoliticaleconomy.com/2022/07/28/west-neoliberal-recovery-conference

Political economist Radhika Desai discusses the inherent contradictions in the capitalist mode of production: crises of overproduction, the tendency of the rate of profit to fall, and a trend toward monopolies and financialization. She also explains the difference between classical political economy and neoclassical economics. This is a discussion of chapter 2, "Capitalism as Contradictory Value Production", of Radhika's book "Capitalism, Coronavirus and War: A Geopolitical Economy". VIDEO: https://youtube.com/watch?v=AlQfmjLd978 You can download Radhika's book for free here: https://geopoliticaleconomy.com/2023/02/17/capitalism-coronavirus-war-geopolitical-economy-radhika-desai Other episodes in the series: https://youtube.com/playlist?list=PLDAi0NdlN8hNZoKp0XsLFwSxxlMQu6ye8 Check out Radhika's show with Michael Hudson, Geopolitical Economy Hour: https://youtube.com/playlist?list=PLDAi0NdlN8hMl9DkPLikDDGccibhYHnDP

Facebook censored a report by the world's most famous investigative journalist, Pulitzer Prize winner Seymour Hersh, on the destruction of the Nord Stream pipeline between Russia and Germany. Facebook (a US government contractor) instead forces users to read a website funded and partially owned by NATO member Norway. VIDEO: https://youtube.com/watch?v=NXGUTcHgI8g Links to all sources here: https://geopoliticaleconomy.com/2023/04/24/facebook-censor-seymour-hersh-nord-stream/ More information about the Nord Stream sabotage here: https://geopoliticaleconomy.com/2023/02/08/us-nord-stream-pipelines-seymour-hersh

"The dollar suffered a stunning collapse in 2022 in its market share as a reserve currency, presumably due to [the US government's] muscular use of sanctions", warn prominent financial analysts, as countries in the Global South create economic alternatives in an increasingly multipolar world. VIDEO: https://youtube.com/watch?v=9HnUpKal9A0 BRICS Bank de-dollarizing, promises 30% of loans in local currencies, new chief Dilma Rousseff says: https://geopoliticaleconomy.com/2023/04/15/brics-bank-dollar-local-currencies-dilma Countries worldwide are dropping the US dollar: De-dollarization in China, Russia, Brazil, ASEAN: https://geopoliticaleconomy.com/2023/04/06/dedollarization-china-russia-brazil-asean

The president of the European Central Bank, Christine Lagarde, gave a speech acknowledging "the tectonic plates of geopolitics are shifting faster" and "we may see the world becoming more multipolar", with the crisis of imperialism, decline of dollar hegemony, and rise of China. Ben Norton is joined by geopolitical economist Radhika Desai to discuss the massive changes happening in this increasingly multipolar world. VIDEO: https://youtube.com/watch?v=0cQak6RWT6o Check out Radhika's show with Michael Hudson, Geopolitical Economy Hour: https://youtube.com/playlist?list=PLDAi0NdlN8hMl9DkPLikDDGccibhYHnDP France’s Macron opposes US cold war on China, wants independent Europe – but is it just rhetoric?: https://geopoliticaleconomy.com/2023/04/11/france-macron-us-china-independent-europe

US Treasury Secretary Janet Yellen admitted to CNN that Washington’s unilateral sanctions on countries around the world “could undermine the hegemony of the dollar”. VIDEO: https://youtube.com/watch?v=Ser-BHLOkvk Sources and more information here: https://geopoliticaleconomy.com/2023/04/17/sanctions-hegemony-dollar-us-treasury-yellen BRICS Bank de-dollarizing, promises 30% of loans in local currencies, new chief Dilma Rousseff says: https://geopoliticaleconomy.com/2023/04/15/brics-bank-dollar-local-currencies-dilma Countries worldwide are dropping the US dollar: De-dollarization in China, Russia, Brazil, ASEAN: https://geopoliticaleconomy.com/2023/04/06/dedollarization-china-russia-brazil-asean

The new chief of the BRICS bloc’s New Development Bank, Brazil’s leftist ex-President Dilma Rousseff, revealed they are gradually moving away from the US dollar, promising at least 30% of loans in local currencies of members, to help countries in the Global South build infrastructure and fight poverty. VIDEO: https://youtube.com/watch?v=OkBK2vcNFJE Sources and more information here: https://geopoliticaleconomy.com/2023/04/15/brics-bank-dollar-local-currencies-dilma BRICS challenges US ‘dollar dominance’, Saudi considers selling oil in other currencies: New multipolar economic order: https://geopoliticaleconomy.com/2023/01/21/brics-us-dollar-saudi-oil-currency-multipolar Brazil’s Lula travels to China and calls to end US dollar dominance: https://geopoliticaleconomy.com/2023/04/15/brazil-lula-china-us-dollar-dominance

Brazil's President Lula da Silva took a historic trip to China, where he signed many cooperation agreements and pledged to challenge the dominance of the US dollar. VIDEO: https://youtube.com/watch?v=yQJYevxPcYc Sources and more information here: https://geopoliticaleconomy.com/2023/04/15/brazil-lula-china-us-dollar-dominance Countries worldwide are dropping the US dollar: De-dollarization in China, Russia, Brazil, ASEAN: https://geopoliticaleconomy.com/2023/04/06/dedollarization-china-russia-brazil-asean Brazil and Argentina preparing new Latin American currency to ‘reduce reliance on US dollar’: https://geopoliticaleconomy.com/2023/01/22/brazil-argentina-latin-american-currency-dollar

Economists Radhika Desai and Michael Hudson discuss Russia's economic transition away from the neoliberal West and integration with what it calls the "World Majority" in the Global South. VIDEO: https://youtube.com/watch?v=cc-L7c2ISig Transcript here: https://geopoliticaleconomy.com/2023/04/14/russia-neoliberal-west-world-majority This is their program Geopolitical Economy Hour. Check out other episodes here: https://youtube.com/playlist?list=PLDAi0NdlN8hMl9DkPLikDDGccibhYHnDP (We apologize, there was a technical problem with the audio, but we will have it resolved in the future.)

France’s President Emmanuel Macron told Xi Jinping that he opposes the US war drive against China and wants an independent Europe with “strategic autonomy”. But he has made comments like this before, yet failed to challenge Washington’s hegemony. VIDEO: https://youtube.com/watch?v=kseAIrInKcM Sources and more information here: https://geopoliticaleconomy.com/2023/04/11/france-macron-us-china-independent-europe Ukraine’s Zelensky admits he sabotaged Minsk peace deal with Russia, West blocked negotiations: https://geopoliticaleconomy.com/2023/02/10/ukraine-zelensky-minsk-peace-russia/ US invites authoritarian far-right regimes to ‘Summit for Democracy’: https://geopoliticaleconomy.com/2023/04/01/us-authoritarian-summit-for-democracy/

Before it collapsed and its billionaire depositors were bailed out by the US government, Silicon Valley Bank successfully lobbied Congress to remove regulations on it. A senator admitted, “I understand why Americans are angry, even disgusted”. VIDEO: https://youtube.com/watch?v=-OwLg5odg5k Sources and more information here: https://geopoliticaleconomy.com/2023/04/09/silicon-valley-bank-bailout-billionaires-corruption 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 Why 3 US banks collapsed in 1 week: Economist Michael Hudson explains: https://geopoliticaleconomy.com/2023/03/14/us-banks-collapsed-economist-michael-hudson

Historian Aaron Good discusses US President John F. Kennedy's economic policies and his clashes with US Steel and Wall Street, as well as the deaths of UN Secretary General Dag Hammarskjöld and oligarch Michael Rockefeller. VIDEO: https://youtube.com/watch?v=H4HiC0Hxsrw 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 4 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

The UN Human Rights Council voted overwhelmingly to condemn sanctions. The only countries that expressed support for unilateral coercive measures were the US, UK, EU member states, Georgia, and Ukraine. VIDEO: https://youtube.com/watch?v=q8vQSpXHtmM Sources and more information here: https://geopoliticaleconomy.com/2023/04/06/west-sanctions-un-human-rights-council

The global de-dollarization campaign is gaining momentum, challenging the hegemony of the US dollar. China and Russia are trading in their own currencies. Beijing and Brazil dropped the dollar in bilateral trade. The UAE is selling China its gas in yuan, through a French company. Southeast Asian nations in ASEAN are de-dollarizing their trade, promoting local payment systems. Kenya is buying Persian Gulf oil with its own currency. The Financial Times acknowledges that a "multipolar currency world" is emerging. VIDEO: https://youtube.com/watch?v=kz5UmwhQuiU Sources and more information here: https://geopoliticaleconomy.com/2023/04/06/dedollarization-china-russia-brazil-asean China & Russia pledge ‘changes not seen in 100 years’: Xi & Putin take aim at US dollar hegemony: https://geopoliticaleconomy.com/2023/03/25/china-russia-xi-putin-dollar-economy Brazil and Argentina preparing new Latin American currency to ‘reduce reliance on US dollar’: https://geopoliticaleconomy.com/2023/01/22/brazil-argentina-latin-american-currency-dollar

Historian Aaron Good discusses US President John F. Kennedy's policies toward Africa, particularly Congo and its anti-colonial leader Patrice Lumumba, as well as Indonesia's leftist nationalist President Sukarno. VIDEO: https://youtube.com/watch?v=V_h_3SYc0c8 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 3 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

From inside Russia, economists Radhika Desai and Alan Freeman report on the impact of Western sanctions and the Ukraine war. They discuss Moscow's integration with Asia and move away from neoliberal economics. VIDEO: https://youtube.com/watch?v=lxgiJj5FyYg Radhika and Alan are directors of the Geopolitical Economy Research Group: https://geopoliticaleconomy.org

The Joe Biden administration invited numerous authoritarian far-right leaders to the US State Department's so-called "Summit for Democracy", including Israel's Benjamin Netanyahu, Poland's Andrzej Duda, India's Narendra Modi, Italy's Giorgia Meloni, and Pakistan's coup regime. VIDEO: https://youtube.com/watch?v=OK9F27WIcec Sources and more information here: https://geopoliticaleconomy.com/2023/04/01/us-authoritarian-summit-for-democracy Mexico’s AMLO calls out US ‘oligarchy’ at Biden’s ‘democracy’ summit: https://geopoliticaleconomy.com/2023/03/30/mexico-amlo-us-oligarchy-democracy-summit

The US government threat to ban TikTok is part of a new cold war strategy to sabotage Chinese companies and ultimately all foreign competitors to Silicon Valley monopolies. Bills introduced in Congress endanger freedom of speech, while promising more sanctions. VIDEO: https://youtube.com/watch?v=XoMnSxDeEUk TikTok bills could dangerously expand national security state: https://responsiblestatecraft.org/2023/03/29/tik-tok-bills-could-dangerously-expand-national-security-state/

US troops have illegally occupied Syria's oil-rich territory for years, but a top United Nations official, Farhan Haq, falsely claimed "there's no US armed forces inside of Syria". Chinese reporter Edward Xu called out the UN's hypocrisy on Ukraine. VIDEO: https://youtube.com/watch?v=wl4_2AqUORs

The US government imposed sanctions on the International Criminal Court, threatened prosecutors' family members, and passed a "Hague Invasion Act". But now that the ICC wants to arrest Russian President Putin, Washington praises the court (while still refusing to join it). VIDEO: https://youtube.com/watch?v=haVpdVyOtKs

Economists Radhika Desai and Michael Hudson discuss the US banking crisis in this episode of their program Geopolitical Economy Hour. VIDEO: https://youtube.com/watch?v=y1je89h1eIg Check out other episodes of Geopolitical Economy Hour here: https://youtube.com/playlist?list=PLDAi0NdlN8hMl9DkPLikDDGccibhYHnDP

China's President Xi Jinping traveled to Russia to meet Vladimir Putin, where they pledged "changes the likes of which we haven’t seen for 100 years", agreeing to deepen economic integration and challenge the hegemony of the US dollar by promoting the use of the yuan and other currencies in international trade. VIDEO: https://youtube.com/watch?v=OddmSjjLgLY BRICS challenges US ‘dollar dominance’, Saudi considers selling oil in other currencies: https://geopoliticaleconomy.com/2023/01/21/brics-us-dollar-saudi-oil-currency-multipolar/ Geopolitical game changer: China’s Iran-Saudi peace deal is big blow to petrodollar and US economic hegemony: https://geopoliticaleconomy.com/2023/03/17/china-iran-saudi-peace-petrodollar Ukraine’s Zelensky admits he sabotaged Minsk peace deal with Russia, West blocked negotiations: https://geopoliticaleconomy.com/2023/02/10/ukraine-zelensky-minsk-peace-russia

The US Federal Reserve printed $300 billion in one week to save collapsing banks and bail out wealthy Silicon Valley oligarchs. 93% of Silicon Valley Bank's deposits were uninsured, over the FDIC limit of $250,000, but the government still paid them. 56% of SVB's loans went to venture capitalist and private equity firms. Sources and more information here: https://geopoliticaleconomy.com/2023/03/19/fed-bailout-silicon-valley-banks VIDEO: https://youtube.com/watch?v=jyrj7gZwg3U US Federal Reserve says its goal is ‘to get wages down’: https://geopoliticaleconomy.com/2022/05/24/us-federal-reserve-wages-inflation