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Geopolitical Economy Report

Author: Ben Norton

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Geopolitical Economy Report is an independent news outlet that provides original journalism and analysis to understand the changing world.
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The US economy depends more and more on enormous bubbles in the stock market and AI. The 10% of richest Americans drive half of all spending, while the real economy in many states is in recession. If the bubble pops, it could cause a severe crisis. Political economist Ben Norton explains. VIDEO: https://www.youtube.com/watch?v=rXCVrLPTUHQ Topics 0:00 Economy divided between rich & everyone else 1:36 Many US states already in recession 3:11 Biggest stock market bubble in history 5:31 90% of stocks owned by 10% richest Americans 7:23 Magnificent Seven (Mag7) Big Tech stocks 9:07 Ten Titans Big Tech stocks 9:58 AI bubble 11:46 (CLIP) Jeff Bezos: AI is in "good bubble" 13:26 95% of AI pilot programs fail 13:55 Investors keep buying overvalued stocks 15:12 Markets can remain irrational 15:26 Irrational exuberance 15:50 Dot-com bubble 16:28 US share of global stock markets 17:28 US vs Chinese tech company revenue 18:24 Tesla vs global automotive industry 20:49 Top 10 US stocks: 16% global market cap 21:07 Recession 22:23 Stagflation 23:04 AI capex contribution to US GDP growth 25:07 AI is eating the economy 26:01 AI drives up electricity bills 26:50 Trump shuts down renewable energy 27:42 AI adds more to GDP than shopping 28:49 US job growth collapses 32:13 Bifurcated economy 33:01 Outro
The United States is waging a war on Venezuela. Donald Trump authorized the CIA to carry out "lethal operations" to try to overthrow President Nicolás Maduro. Meanwhile, the US military has killed innocent people in boats in the Caribbean, including citizens of Colombia and Trinidad and Tobago. Ben Norton reports. VIDEO: https://www.youtube.com/watch?v=KAkNZCjstVI Check out our related videos: - Nobel Peace Prize winner supports Trump's war on Venezuela: https://www.youtube.com/watch?v=ks9uDtd7Msc - Trump-backed Venezuelan coup leader promises to give oil to US corporations: https://www.youtube.com/watch?v=_E7pHmYUCMk Topics 0:00 USA wages war on Venezuela 1:56 Trump authorizes CIA to attack Venezuela 3:49 Goal of US war: regime change 7:18 (CLIP) Trump on CIA ops in Venezuela 8:02 Nobel "Peace" Prize winner wants more war 9:22 (CLIP) Venezuelan coup leader María Corina Machado 10:30 Trump recycles Bush's "WMD" lies 11:29 Facts about drug trafficking 12:44 (CLIP) Debunking Trump's Venezuela drug lies 14:11 Coup leader wants to give Venezuelan oil to USA 15:19 (CLIP) María Corina Machado vows to privatize oil 16:13 US military kills Colombians 17:15 US military kills fishermen from Trinidad 18:48 (CLIP) Trinidad news broadcast on US strikes 19:33 Venezuela's UN ambassador condemns attacks 19:52 (CLIP) USA kills innocent people in Caribbean 20:20 In the US empire's Opposite Land, war is peace 21:08 Nobel "Peace" Prize winner requests US invasion 22:33 Outro
2025 Nobel Peace Prize winner María Corina Machado, a US government-funded far-right coup leader, vowed to privatize Venezuela's oil and give it to US corporations. "We are going to privatize all our industry", she told Donald Trump Jr. "American companies ... are going to make a lot of money", she promised. Ben Norton exposes the neocolonial US war on Venezuela. VIDEO: https://www.youtube.com/watch?v=_E7pHmYUCMk Check out our related video on how Machado supports US and Israeli wars: https://www.youtube.com/watch?v=ks9uDtd7Msc Topics 0:00 (CLIP) "We are going to privatize all our industry" 0:54 Nobel Peace Prize laureate María Corina Machado 1:41 (CLIP) María Corina Machado supports Israel 2:07 Nobel "Peace" Prize for warmonger 2:28 Venezuela's oil & US coup attempts 3:31 (CLIP) Machado vows to sell off Venezuelan oil 3:46 Machado: Far-right opposition leader 4:23 Machado wants US invasion 5:19 CIA-linked NED funds Machado 6:00 Machado interview with Donald Trump Jr. 6:53 (CLIP) Donald Trump Jr. & Machado 8:23 Venezuela's Pinochet + Margaret Thatcher 8:46 (CLIP) US companies will "make a lot of money" 9:05 Selling their countries to USA: vendepatrias 9:23 Machado's meeting with George W Bush 9:59 Trump's war on Venezuela 11:04 (CLIP) Regime change plans 11:24 Targeting US empire's adversaries 11:56 (CLIP) Machado's US first foreign policy 12:12 Donald Trump 12:25 (CLIP) Machado praises Donald Trump 12:45 Trump's coup attempts 14:06 (CLIP) "Biggest opportunity" for regime change 14:34 Marco Rubio: chief coup-plotter 15:06 Targeting Cuba & Nicaragua as well 15:57 (CLIP) US officials supporting Machado 17:03 Rubio lied about Cuban parents 17:54 Miami, Florida: coup capital 18:24 Elon Musk 19:15 (CLIP) Musk gave Starlink to Venezuelan opposition 19:33 Starlink: tool of US imperialism 20:08 Bitcoin & Trump's corrupt crypto schemes 21:39 BlackRock: world's biggest Bitcoin holder 23:11 (CLIP) Machado loves Bitcoin 23:40 Machado: US coup puppet 23:57 Outro
The Nobel Peace Prize was awarded to María Corina Machado, a far-right Venezuelan coup-plotter who has long been funded by the US government. She strongly supports Israel as it commits genocide against the Palestinian people, and she is at the center of Donald Trump's war on Venezuela, pushing for regime change against President Nicolás Maduro. Ben Norton exposes the ugly truth. VIDEO: https://www.youtube.com/watch?v=ks9uDtd7Msc Topics 0:00 María Corina Machado: US-funded coup-plotter 0:45 Nobel "Peace" Prizes for US war criminals 1:44 Machado supports genocidal Israeli regime 2:38 Venezuela supports Palestine 3:04 Machado requested Israeli military intervention 3:46 UN experts: Israel is committing genocide 4:24 Trump's war on Venezuela 6:26 Machado wants to privatize Venezuela's oil 7:32 Trump's 2019 coup attempt in Venezuela 8:12 (CLIP) Trump wants Venezuela's oil 8:24 Trump backs Venezuelan opposition 9:09 (CLIP) Machado called & thanked Trump 9:34 US-backed coup attempt in 2002 10:16 Obama declared Venezuela a "threat" 10:49 US sanctions on Venezuela 11:43 Machado called for foreign intervention 12:06 (CLIP) Machado requests "international force" 12:38 Norwegian politician criticizes Nobel committee 14:14 Machado lobbies for more sanctions 15:04 Sanctions kill many Venezuelans 16:08 Sanctions cause millions of deaths 17:31 Marco Rubio lobbied Nobel committee 19:00 Machado met with George W Bush 20:10 US government funded Machado 21:52 National Endowment for Democracy (NED) 22:56 NED congratulates Machado 24:59 Nobel laureate Obama: war criminal 26:53 Nobel laureate Kissinger: war criminal 28:02 Nobel laureate Dalai Lama: CIA asset 29:29 Nobel "Peace" Prize for war 30:13 Outro
Leaders from dozens of countries condemned the USA and Israel in their speeches at the UN General Assembly, demanding international intervention to save Gaza. Diplomats staged a mass walkout to protest Netanyahu's speech. Ben Norton shows how Latin American governments are standing in solidarity with Palestine, and resisting US imperialism. VIDEO: https://www.youtube.com/watch?v=mik74Pri9bY Topics 0:00 Countries condemn US & Israel 0:45 (CLIPS) World leaders support Gaza 1:54 UN diplomats protest Netanyahu in walkout 3:33 USA abuses veto at UN 4:49 Perspectives of non-Western countries 6:13 Latin America resists US imperialism 6:59 (CLIP) Cuba supports Palestine 8:03 USA vetos UN Gaza resolutions 9:02 (CLIP) Brazil's Lula on Gaza 9:30 Colombia demands action on Gaza 10:43 (CLIP) Colombian President Gustavo Petro 13:38 Nicaragua's Sandinista government 14:00 (CLIP) Nicaragua supports Palestine 14:33 (CLIP) Venezuela supports Palestine 14:58 US fascism 15:20 (CLIP) Petro: USA is new Nazi Germany 16:01 US revokes Petro's visa 17:02 Venezuela compares US to Nazi Germany 17:48 (CLIP) Venezuela warns of new Nazis 18:32 Western colonialism 18:56 (CLIP) Nicaragua: West looted our wealth 19:42 Decline of US unipolar order 20:09 (CLIP) Cuba on US imperialism 20:49 Wall Street debt traps 21:18 (CLIP) Debt as neocolonialism 21:31 Debt for climate swaps 22:38 (CLIP) Gustavo Petro on climate debt 23:17 Trump denies climate science 23:47 (CLIP) US politicians "don't believe in science" 24:00 Trump's attacks on Venezuela 24:40 (CLIP) History of US war on Venezuela 26:22 (CLIP) USA wants Venezuela's oil 26:45 Trump's WMD lies about Venezuela 27:54 (CLIP) Venezuela condemns US wars 28:43 Illegal US attacks on Venezuela 29:06 (CLIP) Cuba on threat of US war 30:07 (CLIP) Colonial Monroe Doctrine 30:40 (CLIP) Nicaragua denounces neocolonialism 31:56 Need for UN reform 33:22 (CLIP) UN members "no longer have power" 33:37 USA fuels war 34:02 (CLIP) Honduras on need for global reform 35:58 UN's colonial structure 36:40 (CLIP) Need for new international order 38:19 Multipolarity vs US unipolarity 40:38 (CLIP) Cuba's vision for a new world 41:17 (CLIP) Venezuela's vision for a new world 41:47 Voices silenced by Western media 42:25 Outro
US Secretary of War Pete Hegseth gathered top generals and encouraged the military to commit war crimes and ignore international law. Donald Trump ordered the Department of War to use US cities as "training grounds" to fight the "enemy within". Ben Norton reports on the increasingly authoritarian US empire. VIDEO: https://www.youtube.com/watch?v=kPKiKWkVqdE Topics 0:00 (CLIP) Pete Hegseth message to US military 0:54 US Department of War takes mask off empire 1:31 US empire's wars come home 2:25 (CLIP) Trump threatens "enemy within" USA 3:00 Special event in Quantico, Virginia 3:21 (CLIP) "Era of Department of Defense is over" 4:07 (CLIP) "Strongest, most lethal military on planet" 4:21 War is peace 4:46 (CLIP) "Peace through strength" 5:31 Trump admin attacks "wokeness" & DEI 6:21 Missing the forest for the trees 7:06 (CLIP) Hegseth encourages war crimes 8:09 USA attacks international law 8:51 Pete Hegseth: Fox News pundit 10:25 (CLIP) Hegseth wants to "rewrite rules of war" 11:36 Hegseth's "American Crusade" 12:48 War with China 13:23 (CLIP) "We are preparing for war" 13:45 (CLIP) Targets: western hemisphere & China 14:07 Donald Trump's speech 14:30 US war on Venezuela 14:50 (CLIP) Trump threatens Venezuela 15:17 Colonial Monroe Doctrine 16:26 US seeks regime change in Venezuela 18:12 (CLIP) Trump wants Venezuela's oil 18:39 (CLIP) $1 trillion US military budget 19:09 (CLIP) Nobel Peace Prize for war 20:29 (CLIP) Trump boasts of NATO arms sales 22:11 US empire's wars 22:54 (CLIP) Department of Defense was "woke" 23:26 Conservative identity politics 23:41 USA: a country of war 24:21 Trump targets "enemy within" 25:17 (CLIP) "America is under invasion from within" 27:20 US authoritarian regime 28:01 (CLIP) US, British, & Roman empires 28:32 Outro
The US and China are the world's two most powerful countries, but they have very different visions for the global order. Compare the speeches delivered at the UN General Assembly by Donald Trump and Chinese Premier Li Qiang. The United States wants a unipolar system based on unilateralism, aggression, and hegemony, whereas China wants a multipolar system based on multilateralism, peaceful development, and sovereign equality, centered in the United Nations. Ben Norton explains. VIDEO: https://www.youtube.com/watch?v=OzCf8XlrKKU Topics 0:00 (CLIP) Highlights of Trump's speech 0:59 Rise of China 2:25 US empire in decline 3:02 Contrasting visions of world order 5:11 Unilateralism vs multilateralism 7:16 (CLIP) China's Premier Li Qiang 8:07 Geopolitical adult in the room 9:20 China opposes new cold war 10:08 (CLIP) Dangers of war 11:07 Compare Li Qiang to Trump 11:36 (CLIP) Trump: "we're the hottest country" 12:24 Fact-checking Trump on US economy 14:07 (CLIP) Trump on stock market 14:34 Inflation 15:35 Electricity prices 16:18 Job growth 16:54 Trump's approval rating 17:55 Trump claims to end 7 wars 18:48 (CLIP) Trump condemns UN 19:54 US sabotages UN, abusing veto 21:50 China upholds international law 22:26 (CLIP) China defends UN & Global South 23:19 Reform of international organizations 23:50 (CLIP) Global Governance Initiative 24:26 80th anniversary 25:30 (CLIP) China on World Anti-Fascist War 26:19 Trump wages war 26:55 (CLIP) Trump wants Nobel Peace Prize 27:14 Trump boasts of attacking Iran 27:40 (CLIP) Trump's war on Iran 28:25 Trump boasts of attacking Venezuela 28:55 (CLIP) Trump's war on Venezuela 29:37 Expanding NATO military spending 29:54 (CLIP) Trump on NATO 30:11 Immigration 31:05 Dementia 31:25 (CLIP) Trump attacks immigrants 32:31 China defends diversity 33:21 (CLIP) China on civilizational respect 33:42 Climate change 34:42 (CLIP) Trump lies about climate change 35:29 China's wind & solar power 36:28 China values science 37:52 (CLIP) China on climate change 38:10 Technology for development 38:31 (CLIP) China on technology 39:03 The future vs the past 39:42 Trump serves fossil fuel corporations 40:27 (CLIP) US as #1 oil & gas producer 41:20 China's vision vs USA's vision 42:37 The emperor has no clothes 43:38 Outro
Donald Trump wants to use tariffs to force countries to buy more US oil and natural gas. Instead, China and Russia signed a deal to build the massive Power of Siberia 2 pipeline, which could transform the global energy market. Russia is integrating with Asia, while Europe faces a crisis that is devastating its manufacturing sector. Political economist Ben Norton explains. VIDEO: https://www.youtube.com/watch?v=n6wtK8Hrpl4 Topics 0:00 Close China-Russia relations 1:28 Power of Siberia 2 pipeline 3:23 Dedollarization 4:04 Europe boycotts Russian energy 5:28 Nord Stream pipeline sabotage 6:28 (CLIP) Trump on Nord Stream & US energy 7:06 Crisis in Europe 9:14 Russia integrates with Asia 10:13 Russia tried to join the West 11:03 NATO expansion 11:47 Ukraine coup & war 13:26 Russia's trade with China 14:16 De-dollarization 14:43 Trump's tariffs 17:01 Why Trump hit India with tariffs 18:22 (CLIP) Trump on US oil & gas 18:34 USA: #1 producer of oil & gas 19:17 Weaponizing energy 19:46 China's natural gas imports 22:11 China & Russia: long-term partnership 23:22 Colonial Monroe Doctrine & oil 25:02 China's oil imports 25:41 Trade chokepoints 27:04 Europe becomes US vassal 28:17 (CLIP) Trump boasts of imposing EU deal 28:55 EU imports of oil & gas 30:38 Deindustrialization of Europe 31:16 EU prosperity depended on China & Russia 31:50 (CLIP) Ex EU foreign policy chief Josep Borrell 32:35 Germany's "existential" industrial crisis 34:15 China's car manufacturers & electric vehicles (EVs) 36:44 Europe loses out as Asian Century advances 37:40 Outro
The US government has, six times now, unilaterally vetoed resolutions in the UN Security Council that called for peace and a ceasefire in Gaza. Meanwhile, a United Nations commission stated conclusively that Israel is committing genocide against the Palestinian people, with the full support of the United States, under both Donald Trump and Joe Biden. Ben Norton reports. VIDEO: https://www.youtube.com/watch?v=thjVQp9wafs Topics 0:00 US vetoes 6 UN Gaza resolutions 1:24 China calls for peace 2:04 Israel creates famine in Gaza 3:29 UN commission report on Israeli genocide 4:15 Legal definition of genocide 6:06 UN inquiry on genocide in Gaza 7:37 USA sells weapons to Israel 9:06 Genocide experts' opinion 9:50 ICC arrest warrant for Netanyahu 10:43 ICJ case against Israel 11:36 Trump's plan to take over Gaza 13:26 US & Israel want "real estate bonanza" 14:11 Colonialism 15:28 Trump withdraws US from UN bodies 18:46 US imperialism vs the world 21:12 Outro
Why has Donald Trump consistently attacked the Federal Reserve and its chair Jerome Powell? And was the US central bank ever truly "independent"? Geopolitical economist Radhika Desai discusses with economist Michael Hudson. VIDEO: https://www.youtube.com/watch?v=6Fcwg6eFGu4 This is part of the program Geopolitical Economy Hour. You can watch other episodes of the show here: https://youtube.com/playlist?list=PLDAi0NdlN8hMl9DkPLikDDGccibhYHnDP Radhika's website: https://RadhikaDesai.com Michael's website: https://Michael-Hudson.com
Donald Trump is imposing tariffs and unequal treaties on longtime allies in Europe, Japan, and South Korea, forcing them to pay and move their factories to the US. Meanwhile, BRICS and the Shanghai Cooperation Organization (SCO) are building a new multipolar world order based on mutually beneficial trade and investment. Ben Norton is joined by economist Michael Hudson to discuss. VIDEO: https://www.youtube.com/watch?v=wpYgXMkzWc8 Read Michael's article on Trump's attacks on Europe, Korea, and Japan: https://www.geopoliticaleconomy.report/p/michael-hudson-trump-europe-korea-japan You can support Michael on Patreon at https://Patreon.com/MichaelHudson Topics 0:00 Trump attacks US allies 0:35 Exploitative US deal imposed on Japan 3:04 ICE detains South Korean workers 5:46 Trump to abolish Education Department 6:29 Angering US allies 7:19 US trade deal imposed on Europe 8:37 BRICS & SCO build multipolar order 10:20 Intro to Michael Hudson 10:46 Highlights of Michael Hudson 13:58 Interview starts 15:03 The BRICS alternative 18:54 US strategy of economic colonialism 26:01 Europe 33:06 India and Eurasia 35:15 Trump's tariff trap 37:28 Energy 41:03 Backlash in Europe 43:43 EU did not negotiate 46:48 European capital flows into US 49:40 BRICS sells US Treasuries 53:24 South Korea 56:59 Attacks on immigrants 1:05:37 Class politics 1:11:13 Japan 1:20:08 Latin America 1:21:48 Middle East (West Asia) 1:22:41 Dedollarization 1:24:18 Outro
The US government has waged economic war on Venezuela for years. The Donald Trump administration is escalating this with threats of military intervention. Ben Norton discusses the history of sanctions and US-backed coup attempts against President Nicolás Maduro, explaining why Washington wants to topple this ally of China, Russia, and Iran, so US oil corporations can exploit the South American nation's natural resources. VIDEO: https://www.youtube.com/watch?v=zU17g3DXwiY Check out our related video on how the US government supports drug traffickers in Latin America: https://www.youtube.com/watch?v=JwCducQ8HHw Topics 0:00 US-backed coups in Latin America 1:32 US economic war on Cuba 2:15 Venezuela's alliance with China & Russia 3:12 Dedollarization 4:17 Petrodollar system 5:45 US military threatens Venezuela 7:53 Drug production 8:37 US-backed drug trafficker in Colombia 9:24 US-backed drug trafficker in Ecuador 11:35 Fentanyl 12:52 UN data on drugs 13:39 Marco Rubio opposes international law 14:58 (CLIP) Marco Rubio attacks UN 15:42 "Cartel de los Soles" doesn't exist 16:32 Colombia's President Gustavo Petro 17:27 US-backed coup in Venezuela in 2002 18:53 Guarimbas: coup attempts in 2014 & 2017 19:28 Obama dubs Venezuela "threat" 19:54 US economic war & sanctions 21:16 Oil exports 22:16 US collapses Venezuela's oil industry 23:24 Coup attempt with Juan Guaidó in 2019 24:09 (CLIP) John Bolton boasts of coup 24:59 Trump admin discussed military attacks 26:02 Failed invasion in 2020: Operation Gideon 28:41 Bolivarian Revolution 30:25 Marco Rubio's drug lies 31:46 US bounty on Maduro's head 33:27 Scholar: "Cartel of the Suns" doesn't exist 35:10 US invasion of Panama in 1989 36:19 US turned against Saddam Hussein 36:52 Coup strategy 37:34 US intel debunks Trump admin's drug lies 39:49 Tattoos as "proof" of cartel membership 41:17 Juan Guaidó worked with drug cartels 43:06 Guaidó gang's corruption 43:52 US empire's puppets in Latin America 44:51 Colonialist Monroe Doctrine 45:46 (CLIP) John Bolton on Venezuela's oil 46:53 Trump wants Venezuela's oil 47:52 Goals of US empire 49:16 Outro
US President Donald Trump claimed he would "un-unite" Russia and China, but the divide-and-conquer strategy failed. Instead, Moscow and Beijing are closer than ever, and they are at the heart of a Global South-led movement to build a new multipolar world order, challenging Western hegemony and imperialism. Ben Norton explains. VIDEO: https://www.youtube.com/watch?v=f-bq4347Z18 US attacks blow back, uniting China, India, Russia, Iran; encouraging dedollarization: https://www.youtube.com/watch?v=qsFGCUtzzQ8 Topics 0:00 China and Russia: close partners 0:59 USA fears "near-peer" competitors 1:51 (CLIP) Trump: divide Russia and China 2:06 US divide-and-conquer strategy 2:31 (CLIP) Marco Rubio: "partner with the Russians" 3:04 Marco Rubio, top US war hawk 3:33 (CLIP) Marco Rubio: China is top "threat" 4:16 China and Russia's political ties 5:33 China's trade with Russia 6:28 US and Russia: economic competitors 7:37 Trump doesn't have anything to offer 8:23 Global South leaders meet in China 9:41 USA failed to divide India and China 10:28 China's 80th anniversary WWII victory parade 12:09 Trump laments China-Russia-India ties 13:02 Xi-Putin meeting in Beijing 14:19 USSR and China in WWII 18:21 Dedollarization of China-Russia trade 19:44 Power of Siberia 2 pipeline 21:44 Russia integrates with Eurasia 22:19 Shanghai Cooperation Organization (SCO) 22:44 BRICS 23:33 Neocolonial financial system 25:30 Russia deepens ties with Global South 27:34 New multipolar world order 28:37 Outro
The US government has long tried to divide China, India, and Russia, but Washington's aggressive actions have only brought them together. Donald Trump's tariffs, in particular, angered Indian PM Modi, who visited the Chinese city Tianjin for the 2025 Shanghai Cooperation Organization (SCO) summit, where the Eurasian countries deepened their relations. Ben Norton analyzes the important results of this historic meeting, and how the US empire's aggression has blown back. VIDEO: https://www.youtube.com/watch?v=qsFGCUtzzQ8 Topics 0:00 US imperial overstretch 1:25 China, Russia, India unite 3:38 Shanghai Cooperation Org (SCO) summit 4:48 Global Governance Initiative 6:50 New multipolar order 8:08 Members of SCO 9:29 Population of SCO 10:07 Economy of SCO 11:01 US empire seeks to divide Eurasia 12:49 Trump attacks India 13:37 Donald Trump's tariffs 14:52 India moves closer to China 16:23 Views India and China share 18:59 Modi meets with Xi Jinping 21:33 US war hawks are furious 22:02 (CLIP) John Bolton on India-China ties 23:20 US war hawks are furious 24:05 (CLIP) Jake Sullivan on India-China ties 25:17 USA alienates its "allies" 25:53 Trump makes China great again (川建国 Chuan Jianguo) 26:50 Trump accelerates US imperial decline 29:09 Dedollarization 30:48 CBDCs 32:42 Dedollarization 33:30 China proposes SCO development bank 33:48 SCO Tianjin Declaration 35:51 Need for UN reform 40:20 Multipolarity 41:07 International financial system 42:53 Xi Jinping's speech 46:43 Open-source artificial intelligence (AI) tech 47:38 Oppose the new cold war 48:15 Global South vision of multipolar world 50:45 Outro
The US government has a long history of supporting corrupt, drug-dealing, right-wing oligarchs in Latin America. The Donald Trump administration is threatening to attack Venezuela, accusing leftist President Nicolás Maduro, without any evidence, of leading a cartel, while Marco Rubio defends Colombia's drug-trafficking former leader Álvaro Uribe. Ben Norton documents Washington's imperial hypocrisy. VIDEO: https://www.youtube.com/watch?v=JwCducQ8HHw Topics 0:00 Hypocritical US meddling in Latin America 1:41 Colombia's ex President Álvaro Uribe 4:52 (CLIP) CIA director: "We lie, cheat, steal" 5:09 Drug cartels linked to Colombian leader 6:49 Paramilitaries linked to Colombian leader 9:16 False positives scandal 11:36 Plan Colombia 12:37 Left-wing President Gustavo Petro 14:55 US interventions in Latin America 15:39 Honduran dictator Juan Orlando Hernández (JOH) 16:48 US-backed coup in Honduras in 2009 18:27 US support for dictators 19:41 Drug trafficking in Honduras 22:36 US foreign policy in Latin America 22:59 CIA-backed Nicaraguan Contras 24:09 Trump admin attacks Venezuela (again) 25:50 Outro
The dominance of the US dollar as the global reserve currency has been gradually declining for years, but Donald Trump's policies could rapidly accelerate de-dollarization and the transition to a more multipolar international financial order, warn even mainstream American economists like Barry Eichengreen and Kenneth Rogoff. Political economist Ben Norton reviews the evidence. VIDEO: https://www.youtube.com/watch?v=utvD1JiIgCM Our related article - "Trump advisor reveals tariff strategy: Force countries to pay tribute to maintain US empire": https://geopoliticaleconomy.com/2025/04/10/trump-advisor-miran-tariff-pay-us-empire/ Topics 0:00 Dedollarization 0:43 Trump's policies accelerate dedollarization 3:50 Economist Barry Eichengreen 5:25 (CLIP) Barry Eichengreen on dedollarization 6:54 Gradually, and then suddenly 7:49 Erosion of dollar dominance 9:18 Decline of US economy 11:36 Rise of China 12:50 Gold: why central banks keep buying it 15:42 Western sanctions 17:57 List of reasons driving dedollarization 18:42 Trump's tariffs & US trade deficit 20:10 Trump pressures Federal Reserve 22:58 Why Trump wants low interest rates 24:56 US Treasury market volatility 26:03 Fewer foreigners want US government debt 29:32 US economy: a financial house of cards 30:34 High corporate bond yields 32:26 Reasons driving dedollarization 32:56 Inflation 36:31 Trump fires BLS chief 37:40 Mar-a-Lago Accord plans 38:54 (CLIP) Trump economic advisor Stephen Miran 38:59 Plaza Accord redux 40:30 Century bonds: de facto US debt default 44:46 Private investors de-dollarize too 45:25 Post-US dollar world 47:14 Economist Kenneth Rogoff 48:09 Trump's own Nixon shock 48:51 Multipolar financial world 50:46 Outro
How do China's government, political system, and socialist market economy actually work? How does China see democracy, the USA, and Donald Trump's trade war? Renowned Chinese scholar Zhang Weiwei explains the China model in this interview with Ben Norton. VIDEO with subtitles here: https://www.youtube.com/watch?v=rkVyYvWezI0 Topics 0:00 Highlights 1:30 Introduction to Zhang Weiwei 1:51 The China model 3:23 Civilization-state 4:13 Meritocracy 5:01 Socialist market economy 7:52 US capitalism vs Chinese socialism 9:36 Foreign investment in China 11:15 How China sees democracy 13:46 How laws are made in China 15:59 Economic planning 16:59 Debate with Francis Fukuyama 20:11 US trade war on China 23:36 Dedollarization of financial system 28:17 The multipolar future 29:36 Outro
One of the main goals of the US political and economic system is to protect corporate monopolies. Silicon Valley Big Tech corporations fear Chinese competitors, so the US government is trying to ban them. Political economist Ben Norton explains how imperialism works, and what drives Washington's Cold War Two against China. VIDEO: https://www.youtube.com/watch?v=9EVwFJ7sM6c Topics 0:00 US government seeks political monopoly 0:51 Billionaire Peter Thiel defends monopolies 2:53 (CLIP) Peter Thiel: "competition is for losers" 3:18 Cold War Two against China 4:49 Uber's monopolistic business model 9:18 Corporate lobbyists & donors 10:02 Trump admin opposes antitrust cases 12:12 Money buys US politics 13:42 Trump backs billionaire Big Tech oligarchs 15:45 Trump green-lights white collar crime 17:35 Trump promotes bribery & corruption 19:30 USA wants to control global infrastructure 20:03 (CLIP) Trump threatens Panama Canal 20:14 BlackRock buys Panama Canal ports 20:36 (CLIP) Trump boasts of BlackRock deal 21:00 Trump helps BlackRock buy up ports 21:58 Second Cold War on China 22:23 US Big Tech targets TikTok 24:14 DeepSeek & Chinese AI competitors 25:00 OpenAI CEO Sam Altman 26:14 US states ban DeepSeek 26:57 Anthropic CEO Dario Amodei 27:29 US AI companies lobby to ban competitors 28:37 Silicon Valley seeks "unipolar world" 30:23 Biden's chip export restrictions on China 31:09 USA seeks to stop China's innovation 31:57 Biden's tariffs on China 33:55 How imperialism works 34:45 Global value chain (division of labor) 36:20 USA wanted China to stay subordinate 37:50 VP JD Vance wants Global South on bottom 38:45 (CLIP) JD Vance on China & value chain 39:30 Industrial policy: Made in China 2025 plan 41:32 China enters commercial aircraft industry 42:14 US politicians lobby to ban China's Comac 43:58 How Boeing was destroyed by finance bros 45:47 How Jack Welch ran GE into the ground 46:39 Boeing attacked unions & skilled labor 47:56 Boeing CEO was Blackstone exec 48:51 Boeing prioritizes stock buybacks, not R&D 50:17 Private equity is "looting America" 51:22 Goal of Washington's new cold war 52:11 Outro
The US government has tried for years to recruit India for its new cold war on China, but Donald Trump's aggressive tariffs have backfired, encouraging New Delhi to improve its relations with Beijing, strengthening unity in BRICS. Political economist Ben Norton explains the complex history of the foreign relations of the US, India, China, and Russia. VIDEO: https://www.youtube.com/watch?v=BstijDvJT8Y Topics 0:00 Donald Trump's contradictory policies 0:39 (CLIP) Trump threatens BRICS 1:05 Brazil pushes back 1:40 USA tries to use India against China 3:58 Goal of Trump's tariffs on India 5:34 (CLIP) EU chief on US trade deal 5:52 India buys Russian oil 7:46 Europe buys Russian oil - from India 9:10 India's trade surplus with USA 9:48 (CLIP) Trump trade advisor Peter Navarro 9:57 US trade with China 11:18 China restricts rare earth exports 12:03 US trade with India 13:35 India improves relations with China 15:41 Vietnam moves closer to China 16:35 BRICS expands to global majority 17:28 History of US-China relations 19:40 Kissinger's triangular diplomacy 20:47 Kissinger: divide Russia & China 21:21 (CLIP) Trump: divide Russia & China 21:37 Closest Russia-China relations ever 22:30 India-US-China relations 24:07 India: 3rd-largest economy on Earth 25:41 India & Non-Aligned Movement 27:03 India-USSR/Russia relations 28:39 India moves toward USA 29:50 Rise of Narendra Modi, BJP, RSS 31:22 US-India relations grow closer 32:59 Modi allies India with Israel 33:40 Modi: from banned to loved in USA 34:49 Trump's India policy 35:50 India's role in BRICS 37:59 India's foreign policy 38:52 India opposes dedollarization 42:21 BRICS' internal contradictions 45:05 Outro
Private equity funds and other Wall Street investors are buying up homes across the US and the West, driving up rent and the cost of living. Economist Michael Hudson explains how these corporate landlords are a result of the system of financialized capitalism, dominated by an unproductive rentier class. He is interviewed by host Ben Norton. VIDEO: https://www.youtube.com/watch?v=qJd0d7Uda2M Transcript: https://www.geopoliticaleconomy.report/p/corporate-landlords-rent-michael-hudson Part 1 of this interview: https://www.geopoliticaleconomy.report/p/world-us-financial-colonialism-economist-michael-hudson Read Michael's article "How the Global Majority can free itself from US financial colonialism": https://geopoliticaleconomy.com/2025/07/17/michael-hudson-global-majority-us-financial-colonialism/ Michael's website: https://michael-hudson.com/ Topics 0:00 Cost of living crisis in West 0:30 Blackstone: largest US landlord 1:07 Blackstone CEO is Trump donor 1:49 Investors buy up US homes 2:36 Wall Street buys single-family homes 3:54 Wall Street buys up neighborhoods 5:31 Homelessness rises in USA 6:06 Blackstone buys up homes in Spain 7:34 Introduction to Michael Hudson 9:12 Highlights 10:43 Interview starts 11:58 Feudalism, capitalism, & rentier class 16:58 Adam Smith, David Ricardo, & Karl Marx 19:10 Difference between value, price, & rent 21:33 Bankers, industrialists, & landlords 27:34 Theory of comparative advantage 28:20 Problems with economics education 30:57 Profits vs rent 32:48 Financialization and GDP 37:21 Adam Smith in Beijing 38:47 Peter Thiel defends monopolies 40:20 China's reform and opening up 43:06 China's public ownership of finance 44:25 Need to tax land rent 50:45 China's industrialization 53:54 Passive income (ie, rent seeking) 56:01 Mainstream "junk economics" 59:07 Outro
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Comments (8)

Mohsen Arya

I mean the title speaks for itself! lol

Jan 20th
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iced

Another banger episode from my favorite podcast series. Thank you.

Dec 18th
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iced

Modi being too out of control even for the US is hilarious

Dec 8th
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Wumaoism

Ben is one of the finest independent journalists in the world. Thank you for your amazing work.

Aug 17th
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Mr.Alikhan

the critical point of the history of is coming... USA will be down listen to this episode for understanding i talk about what

Nov 11th
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Mr.Alikhan

any body think Putin is a f** dictator or in this particular subject Moscow beginning the war should listen this episode!

Nov 10th
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chaosinmotion

Terrible guest, should look up the dictionary to understand meaning of propaganda. Also, calling Dems the left is a scandal for a 'socialist' podcast... Couldn't finish the episode.

Nov 10th
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Tondar Mb

good luck Ben!you are honest,wise ,brave and real left icon.take care bro!from iran

Aug 15th
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