Geopolitical Economy Report

Nvidia CEO Jensen Huang fears China will win the AI race, as OpenAI asks the US government for "federal guarantees" and a "backstop". The unsustainability of the enormous AI bubble is becoming clear to everyone, and Silicon Valley Big Tech executives want to be guaranteed a bailout. Ben Norton explains. VIDEO: https://www.youtube.com/watch?v=4odSW2lSUyI Check out our related video on the AI bubble: https://www.youtube.com/watch?v=rXCVrLPTUHQ Topics 0:00 (CLIPS) OpenAI wants US gov't "backstop" 0:31 US-China AI race 1:13 Nvidia sells shovels in AI gold rush 3:05 China restricts Nvidia chips 3:47 Nvidia CEO: China is winning AI race 5:50 AI bubble 7:21 OpenAI CFO asks for federal "backstop" 8:11 (CLIP) OpenAI CFO on US gov't support 8:51 OpenAI CEO Sam Altman 9:22 (CLIP) US gov't as "insurer of last resort" 9:49 Too Big to Fail 2.0 10:53 Sam Altman backtracks 11:58 OpenAI letter asks US gov't for support 14:32 Banning Chinese AI competitors 15:31 Trump supports OpenAI & Sam Altman 16:19 (CLIP) Sam Altman at White House 16:36 Sam Altman donates to Trump 17:03 Chinese open-source AI models 17:56 US corporations want monopolies 18:58 Peter Thiel & Sam Altman 19:34 (CLIP) "Competition is for losers" 20:10 OpenAI's circular financing scheme 22:32 OpenAI owes $1.4 trillion 23:24 OpenAI is losing money 24:42 Silicon Valley's business model: monopoly 26:15 China's AI advantage: electricity 27:08 The "electron gap" 28:24 Electricity generation: China vs USA 29:30 AI data centers drive up electricity bills 29:52 Electricity price in USA 30:36 Electricity prices: China vs USA 31:49 BlackRock buys up US power grid 33:02 Trump closes solar power projects 33:48 Trump cancels wind power projects 34:39 US fossil fuel corporations 35:12 Summary 36:34 Outro

The US government is politically isolated on the world stage. This can be seen in the UN General Assembly votes demanding an end to the USA's embargo of Cuba. Almost all of the world opposes the illegal economic blockade. Ben Norton explains how the CIA has waged a terrorist war on Cuba, Venezuela, and other parts of Latin America for decades. VIDEO: https://www.youtube.com/watch?v=VKF-jrrv5yA Sources and links here: https://geopoliticaleconomy.com/2025/11/03/embargo-blockade-cuba-un-vote/ Check out our related video on Trump's neocolonial attacks on Latin America: https://geopoliticaleconomy.com/2025/10/27/donroe-doctrine-trump-neocolonial-plan-latin-america/ Topics 0:00 US government is very unpopular 1:21 World votes against USA at UN 2:06 USA has just 6 key allies 2:46 Viktor Orbán's Hungary 3:30 Javier Milei's Argentina 4:14 Trump's global pressure campaign 5:40 Past UNGA votes on Cuba embargo 6:45 Trump-Rubio campaign failed 8:27 Russia and Ukraine factor 9:54 Trump's international allies 11:16 Marco Rubio, coup-plotting war hawk 13:30 US economic war on Cuba 14:05 Stated goals of US blockade 16:30 Secondary sanctions 17:38 Trump & Rubio threaten Cuba 18:04 USA's fake "terror" list 20:41 Fidel Castro: 638 assassination attempts 21:27 Operation Northwoods: CIA terror war 23:04 US terror war on Venezuela 25:24 US military forced to sign NDAs 26:11 Donroe Doctrine: Trump's neocolonialism 26:48 Outro

Donald Trump is losing the trade war on China, which he started. The agreement he made at the meeting with President Xi Jinping shows how the US is much more dependent on the Chinese economy than vice versa. Political economist Ben Norton explains how Trump's tariffs have hurt American workers, especially farmers, while China advances as a new technological and manufacturing superpower. VIDEO: https://www.youtube.com/watch?v=MWrdxBODSUE Topics 0:00 Trump's meeting with Xi Jinping 1:07 China successfully defends itself 2:58 China is a new "economic superpower" 4:04 This is a one-year "tactical detente" 4:47 Details of Trump-Xi agreement 6:20 Trump undoes "self-inflicted" damage 7:02 Scott Bessent claimed China had "losing hand" 7:40 China is less dependent on US economy 8:24 Analyzing US-China trade 9:59 USA is dependent on Chinese tech 11:06 China is a manufacturing superpower 12:08 China's domestic revenue vs exports 13:43 Bipartisan US trade war 14:30 One-year trade truce 15:40 US midterm elections coming up in 2026 16:12 Poll: Republicans (and Dems) are unpopular 16:48 Trump's low approval rating of 39% 17:27 US consumers pay for Trump's tariffs 18:54 Inflation and US economic problems 20:58 US manufacturing jobs decline 22:32 Soybean war: Trump's tariffs hurt farmers 24:38 China buys soybeans from Latin America 25:25 Trump's bailout of farmers 27:24 China's rare earth dominance 28:58 US industry needs China's rare earths 30:40 Chip war: US semiconductor restrictions 31:54 China develops domestic chip industry 33:40 China's new 5-year plan pushes tech 34:31 Made in China 2025 industrial policy 35:45 China leads in critical technologies 37:22 China's "technological self-reliance" 38:25 USA is losing trade war 39:25 Outro

Donald Trump imposed sanctions on Russia's top oil companies, but the US still can't stop the war in Ukraine. NATO's goals cannot be met, as the world is increasingly multipolar and Western power is declining. Geopolitical economist Radhika Desai analyzes the conflict with journalist Anatol Lieven and China-based economic geographer Mick Dunford. VIDEO: https://www.youtube.com/watch?v=359p5RC2JE8 This is part of the program Geopolitical Economy Hour. You can watch other episodes of the show here: https://youtube.com/playlist?list=PLDAi0NdlN8hMl9DkPLikDDGccibhYHnDP

The Donald Trump administration seeks to forcibly impose the US empire's hegemony in Latin America, waging war on Venezuela, imposing sanctions on Colombia's President Gustavo Petro, hitting Brazil with tariffs, and meddling in Argentina's election. Ben Norton explains how Trump and Marco Rubio are trying to cut off all western hemisphere ties with China and Russia, bringing back the colonial Monroe Doctrine, now known as the Donroe Doctrine. VIDEO: https://www.youtube.com/watch?v=gcWH-LPyTow Topics 0:00 Trump's war on Latin America 1:04 (CLIP) Trump meddles in Argentina's election 1:23 US imperial strategy in Latin America 2:02 (CLIP) Trump wants Venezuela's oil 2:14 Natural resources 2:41 Ties with China and Russia 3:02 Oligarchic counter-revolution 4:11 US war on Venezuela 7:50 Marco Rubio: coup-plotting war hawk 9:23 Fox News calls to colonize Venezuela 10:01 (CLIP) Fox News: Venezuela 51st US state 10:29 The "drug trafficking" excuse 11:10 Colombia's President Gustavo Petro 13:29 US-backed Colombian drug traffickers 14:24 US-backed drug lord Álvaro Uribe 17:05 The "war on drugs" is based on lies 18:10 Colombia moves closer to China 19:12 China: South America's top trading partner 20:41 USA meddles in Colombia's election 21:42 Monroe Doctrine to Donroe Doctrine 26:15 (CLIP) John Bolton boasts of coup attempt 27:05 Neocolonialism 28:26 US interventions in Latin America 30:32 USA colonized half of Mexico 31:11 Colonial "Banana Wars" 31:41 Goals of US war on Venezuela 32:33 William McKinley, imperialist 34:01 (CLIP) Trump vows to expand US empire 35:02 Trump takes mask off US empire 36:30 Outro

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