Episodit
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Billionaire BlackRock CEO Larry Fink said it “really doesn’t matter” who wins the US presidential election, because both Donald Trump and Kamala Harris will be good for Wall Street. Ben Norton shows how the United States is not a democracy but rather an oligarchy, in which big corporations buy politicians and lobbyists create policies.
VIDEO: https://www.youtube.com/watch?v=chPfp01rsD0
Topics
0:00 US election season
0:42 BlackRock CEO: it “really doesn’t matter” who wins US elections
2:20 The "Big Three" Wall Street asset managers
3:06 S&P 500 and Nasdaq bubbles
4:35 Richest 10% of Americans own 93% of stocks
5:30 Princeton study: USA is oligarchy, not democracy
6:26 Billions spent buying US elections
7:54 Money buys seats in Congress (90% of the time)
8:50 Crypto industry funds Republicans & Democrats
10:51 Biden promised rich donors "nothing would fundamentally change"
11:59 Extreme wealth & income inequality in USA
15:12 US wages stagnated while productivity soared
15:42 Financialization of US economy
17:09 Inflation & cost of living crisis
18:43 House prices grow much faster than wages
20:48 Blackstone: the world's largest landlord
22:49 Private equity
24:03 Blackstone CEO Stephen Schwarzman funds Trump
24:28 Kamala Harris & Trump woo Wall Street
25:25 Trump tax cuts make rich much richer
27:19 BlackRock makes economic policy for Biden & Harris
28:10 USA is an oligarchy
29:41 Outro -
For the 32nd year, the entire world voted at the UN General Assembly to demand an end to the illegal US embargo against Cuba. The USA and Israel opposed the international community in a vote of 187 to 2. Ben Norton explains why the US empire has waged such a vicious economic war on Cuba for six decades.
VIDEO: https://www.youtube.com/watch?v=NTX4zSfCQYM
TOPICS
0:00 US economic war on Cuba
1:39 UN General Assembly vote against US blockade
2:06 Map of UN vote against US embargo of Cuba
3:25 Venezuela & Afghanistan lost UN voting rights due to US sanctions
5:15 Argentina's Milei fires foreign minister for voting with 97% of world
7:08 UN votes against US embargo in 2023 & 2022
8:41 Why the US empire wants to crush Cuba
10:29 Goal of US sanctions: "hunger, desperation, and overthrow"
13:39 Dedollarization & BRICS
15:40 Bipartisan barbarism: Biden continues Trump's war on Cuba
18:01 West votes against rest of world at UN
20:08 US imperialism is a global dictatorship
23:17 Outro -
Puuttuva jakso?
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BRICS plans to transform the international monetary and financial system, and discussed policies at the 2024 summit in Kazan, Russia. Can it successfully challenge the dominance of the US dollar? Political economist Radhika Desai is joined by Ben Norton and former central banker Kathleen Tyson, author of the book "Multicurrency Mercantilism".
VIDEO: https://www.youtube.com/watch?v=X7ejfZdPboo
This is part of the show Geopolitical Economy Hour. You can watch other episodes of the program here: https://youtube.com/playlist?list=PLDAi0NdlN8hMl9DkPLikDDGccibhYHnDP
You can follow Kathleen on Twitter/X here: https://x.com/kathleen_tyson_
Topics
0:00 Highlight
1:24 Intro: 2024 BRICS summit in Kazan, Russia
7:33 Evaluating BRICS proposal to improve financial system
16:47 De-dollarizing trade vs capital markets
24:50 Can a global currency solve the Triffin dilemma?
29:10 Investment flows from poor to rich
30:44 Capital controls
37:16 Could Special Drawing Rights (SDRs) be a new global reserve currency?
42:17 Can a currency backed by a basket of commodities help settle trade imbalances?
48:38 Financial deregulation, Glass-Steagall, and China
53:21 HSBC splits between West and East
55:18 How can central banks de-dollarize reserves?
1:02:35 Controlling finance
1:09:01 What can China do with its huge surplus?
1:16:11 Outro -
BRICS held a summit in Kazan, Russia in October 2024, where 13 new "partner nations" were accepted. This followed the 2023 meeting in Johannesburg, South Africa, where several members were invited to join. Ben Norton analyzes the historic events, and shows how the Global South is building a more multipolar world.BRICS MEMBERSHIP (9 members + 13 partner countries)- 5 original members are Brazil, Russia, India, China, and South Africa.- 4 new members officially admitted in January 2024 are Egypt, Ethiopia, Iran, and UAE. (Saudi Arabia has not accepted. Argentina rejected the offer.)- 13 "partner countries" are Algeria, Belarus, Bolivia, Cuba, Indonesia, Kazakhstan, Malaysia, Nigeria, Thailand, Türkiye, Uganda, Uzbekistan, and Vietnam.VIDEO: https://www.youtube.com/watch?v=wUdlzmk73NsCheck out our related report - BRICS plans ‘multi-currency system’ to challenge US dollar dominance: https://geopoliticaleconomy.com/2024/10/19/brics-russia-multi-currency-system-us-dollar/Topics0:00 BRICS expands1:55 BRICS: 1/3rd of global GDP, 40% of population, 30% of oil production2:40 Compare BRICS & G73:44 Saudi Arabia has not accepted offer; Argentina rejected5:17 Leaders at 2024 summit in Kazan, Russia6:48 China & India resolve border dispute10:06 Unipolar domination vs multipolarity11:04 Xi Jinping's speech12:23 Plans to transform international monetary & financial system13:24 Bretton Woods, US dollar, IMF, World Bank15:19 BRICS grain exchange (commodities exchange)17:17 Bolivia condemns "Western unipolarity & tyranny of the dollar"20:19 Kazan declaration summary25:49 Israel, Palestine, Gaza, Lebanon27:16 Syria & Iran28:27 Opposing nuclear weapons & space arms race29:20 Outro
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The US dollar is gradually losing its dominance, and foreign central banks are buying fewer Treasury securities, instead holding more gold in their reserves, warns Mohamed El-Erian, a mainstream American economist. Ben Norton discusses how countries are seeking financial alternatives, especially Global South nations around BRICS.
VIDEO: https://www.youtube.com/watch?v=KnMAit5MP-Y
BRICS plans ‘multi-currency system’ to challenge US dollar dominance: Understanding Russia’s proposal - https://geopoliticaleconomy.com/2024/10/19/brics-russia-multi-currency-system-us-dollar/
Topics
0:00 Western media cope on de-dollarization
2:53 Renowned US economist warns de-dollarization is happening
4:55 Gold price rises despite inflation falling
7:18 BRICS seeks alternatives to US dollar dominance
9:04 Sanctions, reserves freezes, weaponization of US dollar system
11:23 Holding gold in reserves is not bringing back gold standard
13:08 Central banks buy lots of gold
14:40 West's economic war on Russia failed
15:34 US-Israel wars in Middle East (West Asia)
17:18 "Erosion" of US dollar hegemony
18:56 US government debt and Treasury market
24:39 USA now spends more on debt interest than military
25:09 China dumps US Treasury securities
25:59 Europe, Canada, Taiwan buy US Treasury bonds
27:57 Outro -
BRICS plans to challenge US dollar dominance and transform the international monetary and financial system by developing infrastructure for cross-border payments using local currencies. Russia made a detailed proposal for the October Kazan summit. Ben Norton analyzes the report, explaining how the US-dominated financial system benefits rich Western countries at the expense of the Global South -- which is why BRICS is pushing to change it.
VIDEO: https://www.youtube.com/watch?v=3pHr5yzLEHA
Topics
0:00 US dollar hegemony
3:57 BRICS plan to transform international monetary & financial system
10:39 What are BRICS' goals?
13:22 New International Economic Order (NIEO) & G77
15:32 Dedollarization
20:02 Summary of BRICS report on financial system
31:59 West controls IMF & World Bank
36:34 Global economy has changed, but financial system hasn't
42:07 How rich countries drain capital from poor ones
45:16 Challenging the US dollar monopoly
47:29 Correspondent banks & SWIFT system
51:10 Central bank reserves & US Treasury securities
55:50 Triffin's Dilemma
57:54 Sanctions & US freezing countries' assets
1:00:18 Proposals for new cross-border payment architecture
1:03:15 Blockchain, DLT, & CBDCs (mBridge & Project Dunbar)
1:10:01 BRICS Cross-Border Payment Initiative (BCBPI) & BRICS Clear Platform
1:15:54 Dedollarizing foreign exchange reserves
1:18:22 New Development Bank (NDB) & BRICS Digital Investment Asset
1:20:10 Overview of Russian proposal
1:21:58 Will there be a BRICS currency? SDR (Special Drawing Rights) is a start
1:30:59 Conclusion -
Countries across the Global South are denouncing Israel's Western-backed genocide in Gaza. Nicaragua's Sandinista government cut off diplomatic relations with Israel, condemning it as a "fascist" regime. Ben Norton discusses how Latin America is demonstrating solidarity with the Palestinian people, rebelling against the West's neocolonialism and imperialism.
VIDEO: https://www.youtube.com/watch?v=EeB2uuiWe4s
Topics
0:00 Nicaragua ends diplomatic relations with Israel
1:56 UN expert: Israel is committing genocide
2:28 Israeli minister wants to starve all 2 million Gazans
3:34 Top Israeli newspaper says Netanyahu regime is fascist
5:14 International Court of Justice (ICJ) genocide case
7:53 Latin America's exemplary solidarity with Palestine
10:17 Nicaraguan National Assembly condemns Israel's genocide
13:51 Similar anti-imperialist struggles in Global South
16:28 Sandinistas' long history of support for Palestinians
17:38 ICJ: US owes reparations to Nicaragua
18:58 The West's "rules-based order" is just imperialism
20:44 Outro -
Israel enjoys bipartisan support from both the Democratic and Republican Parties in Washington, as it brutally bombs Gaza, invades Lebanon, and attacks Iran, Syria, and Yemen. Ben Norton shows how Donald Trump, Kamala Harris, Joe Biden, JD Vance, Tim Walz, and other US politicians facilitate Israel's war crimes, which are being investigated by the International Court of Justice.
VIDEO: https://www.youtube.com/watch?v=rAHrPkRum-Q
Topics
0:00 Intro
2:08 USA & Israel wage war across Middle East
4:02 Hague investigates Israel for g*noc1de
4:57 Biden admin sends Israel $18 billion in military aid
5:24 Israel bombs civilian areas in Gaza with US weapons
6:04 US State Department approves Israeli war crimes
6:51 Gaza death toll: 186,000+
9:45 International Criminal Court
11:12 Israel's colonialist goals
15:46 Israel invades Lebanon with US support
17:40 Iran responds to Israeli attacks
18:47 (CLIP) Kamala Harris defends Israel
19:17 Harris says a whole lot of nothing on Israel
20:09 (CLIP) Kamala Harris' Israeli word salad
20:29 Text of Harris' Israeli word salad
21:16 Joe Biden's support for Israel
21:50 (CLIP) Biden: If Israel didn't exist, US would create it
22:15 Biden threatens Iran's oil facilities
22:56 (CLIP) Trump calls to bomb Iran's nuclear facilities
23:48 Trump's anti-Palestinian bigotry
24:46 (CLIP) Trump calls Biden "Palestinian" as an insult
25:04 Harris-Trump debate
26:02 (CLIP) Kamala Harris vows to protect Israel
26:16 Harris' private meeting with Netanyahu
27:35 (CLIP) Trump claims Harris "hates" Israel
28:14 Biden-Harris administration arms Israel
28:40 Trump speech at Israeli American Council
29:00 (CLIP) Trump says Israel would not survive 2 years under Harris
29:41 (CLIP) Trump says he is candidate of "Western civilization"
30:07 (CLIP) Trump vows to deport people who oppose Israel
30:51 (CLIP) Trump attacks UN Human Rights Council & ICC
31:06 Trump boasts of his pro-Israel record
32:18 (CLIP) Trump: "I was the best friend Israel ever had"
32:47 Bipartisan support for Israel in US presidential election
33:34 Vice presidential debate: JD Vance & Tim Walz
34:40 (CLIP) Tim Walz vows to defend Israel
35:30 Israel must expand, insists Walz
36:03 JD Vance backs Israel
36:25 (CLIP) JD Vance supports anything Israel does
36:39 Did the Democrats "give" Iran $100 billion?
39:09 US war on Iran
41:00 (CLIP) Tim Walz sabre-rattles against Iran
41:41 Conflict started in 1948, not October 7, 2023
45:08 (CLIP) JD Vance: World should "fear" US
45:35 Bipartisan US imperialism
47:52 Outro -
The United States and Israel are waging war across West Asia (the Middle East), attacking Iran, Lebanon, Gaza, Syria, Yemen -- all at once. Ben Norton analyzes the imperialist interests driving the violent chaos in the region.
VIDEO: https://www.youtube.com/watch?v=iO1UHJUCSCI
You can find a back-up of our videos at https://rumble.com/GeopoliticalEconomy
Subscribe to our newsletter at https://geopoliticaleconomy.substack.com
Topics
0:00 Intro
0:42 Censorship & channel back-ups
2:08 Iran responds to Israel's attacks
4:01 USA claims Iran's counter-strike was "ineffective"
4:57 Contradictory US narratives on Iran & Israel
6:22 Western media propaganda
7:12 Israel's disproportionate attacks on Lebanon
8:07 History of Israel's invasions of Lebanon
10:10 US military sends more troops to Middle East
11:00 Pentagon supports Israel
12:26 USA & Israel plan attack on Iran's oil facilities
13:54 Oil price rises (weeks before elections)
15:37 Israel: US empire's unsinkable aircraft carrier
15:54 (Clip) Biden: If Israel didn't exist, US would create it
16:19 USA encourages Israel to expand wars
18:40 (Clip) US State Department opposes diplomacy with Hamas
19:16 US empire wants hegemony, not peace
21:25 CIA veterans say US should use Israel to attack Iran
23:11 US used Israel to arm right-wing dictatorships in Latin America
24:40 Israel: US empire's attack dog in West Asia
25:16 Israel kills PFLP leaders
26:32 Israel bombs Syria
27:22 Israel attacks near Russian military base
28:06 Israel bombs Yemen
28:54 US post-9/11 wars killed 4.5-4.7 MILLION people
29:39 Gulf monarchies call for neutrality, not backing USA
34:44 Outro -
The Western powers in NATO are desperately delusional on Russia, and getting more so on China, argue political economists Radhika Desai and Michael Hudson. They are joined by scholar Glenn Diesen to discuss the war in Ukraine, disaster in Europe, and farewell speech by NATO Secretary General Jens Stoltenberg.
VIDEO: https://www.youtube.com/watch?v=YkTAw4u5qN4
This is part of the show Geopolitical Economy Hour. You can watch other episodes of the program here: https://youtube.com/playlist?list=PLDAi0NdlN8hMl9DkPLikDDGccibhYHnDP -
Israel has killed Hezbollah leader Hassan Nasrallah, who defended Lebanon's sovereignty, helped to defeat ISIS and Al-Qaeda, protected Christians, and fought against Israeli colonialism and military occupation. Ben Norton explains.
VIDEO: https://www.youtube.com/watch?v=sxYAn-Ci4jE
Topics
0:00 Israeli colonialism in Lebanon & Palestine
1:10 Diplomats walk out of UN to protest Netanyahu speech
1:35 Few countries claim Hezbollah is "terrorist" org
2:07 Hezbollah's political arm is in Lebanon's parliament
2:25 Lebanese Christian leaders mourn Nasrallah's death
3:38 "Terrorism" claims
4:24 Hezbollah's alliance with Christians
4:41 US/Israeli links to ISIS & Al-Qaeda
7:24 Nasrallah condemned Al-Qaeda, Bin Laden, 9/11 attacks
10:21 USA supported Osama Bin Laden in Afghanistan
11:38 Not anti-Semitic: distinguishing Zionism from Judaism
12:57 Zionism: Western colonialism in Palestine
15:16 Hezbollah formed to fight Israeli occupation of Lebanon
16:29 Israel assassinates political leaders, but resistance continues
18:35 Outro -
Israel is bombing Lebanon, with staunch US support. An Israeli minister vowed that "Lebanon will be annihilated". Ben Norton analyzes the colonial war, explains the origins of Hezbollah, and provides historical context.
VIDEO: https://www.youtube.com/watch?v=IoyuwuXFG2c
Topics
0:00 Israel is waging war on Lebanon
1:19 ICC accuses Israeli officials of crimes against humanity
2:41 USA facilitates Israel's crimes
4:16 Israeli education minister vows "Lebanon as we know it will not exist"
4:35 (Clip) Israeli minister: "Lebanon will be annihilated"
4:52 Israeli media calls for g*noc1de against Palestinians
5:27 Israeli minister boasts of new Nakba in Gaza
6:00 Israeli minister says Lebanon, Syria, Iraq are not sovereign states
8:34 Zionism & Israel: European colonialism in Palestine
10:22 (Clip) Netanyahu applauded in US Congress
10:43 Israel is the aggressor in Lebanon
11:56 Which countries call Hezbollah a "t3rr*rist" group?
13:44 Hezbollah's origins in Israeli occupation of Lebanon
16:29 Hezbollah's alliance with Christians & religious minorities
19:02 ISIS, Al-Qaeda, & Syria War
23:08 Israel, ISIS, & Al-Qaeda
26:02 Lebanon's sovereignty & territorial integrity
27:25 Outro -
Israel killed many people in Lebanon by putting explosives in pagers and walkie-talkies, in what was condemned internationally as a terrorist attack. This is already backfiring, hurting Western technology companies. Ben Norton discusses how this act of war will fragment supply chains, as Global South markets no longer trust tech made by the US and its allies. China's manufactured goods will increasingly be seen as a safer alternative.
VIDEO: https://www.youtube.com/watch?v=CGnVF55Eu0o
Topics
0:00 Israel's pager attack in Lebanon
1:44 Ex CIA director admits it was terrorism
3:07 Russia blasts terrorism, China condemns Israel
3:58 Israel opened Pandora's box: global economy will fragment further
5:51 China gets more customers in Middle East / West Asia
6:44 China is largest trading partner of most countries
7:17 China is world's manufacturing superpower
9:52 How Israel made pagers into bombs (with Hungary & Taiwan links)
14:37 USA demonizes Chinese tech (Huawei)
15:45 US NSA spies on the entire world
18:39 Israel spies on other countries
20:56 USA fears Chinese role in supply chains
22:34 US role in Israeli plot
23:48 How US & Israel weaponize supply chains
29:28 Hezbollah
31:23 Outro -
Cold War Two fervor is reaching fever pitch in Washington. In "China Week", the US House of Representatives approved 25 anti-Chinese laws, in bipartisan votes, including $1.6 billion in funding for anti-China propaganda worldwide. Ben Norton discusses how both the Republican and Democratic Parties are targeting China with information war, sanctions, tech restrictions, tariffs, even threats of military force.
VIDEO: https://www.youtube.com/watch?v=Tix5L5qDaNw
Sources and more information here: https://geopoliticaleconomy.com/2024/09/22/us-congress-25-anti-china-laws-week-fund-propaganda/
CIA director threatens China & Russia, says Ukraine war benefits US economy: https://www.youtube.com/watch?v=uDv4KsLXua8
How the US wages economic war on countries all around the world: https://www.youtube.com/watch?v=qYUq_9XlQs0
US Secretary of State Blinken announces China containment policy: https://geopoliticaleconomy.com/2022/05/28/cold-war-blinken-china-containment/
Topics
0:00 US Congress escalates Cold War II on China
1:53 US House approves $1.6 billion for anti-China propaganda
2:46 Goal of new cold war: do to China what West did to post-Soviet Russia
3:44 Congress funds war, not social programs for Americans
5:20 Media notes US politicians are preparing for war
6:28 (Clip) Biden lies about Iraqi "WMDs"
6:45 Containment strategy toward China
7:45 (Clip) Blinken: USA "will shape the strategic environment around Beijing"
8:29 The "rules-based international order"
10:05 (Clip) CIA teaches how to "lie, cheat, and steal"
10:22 Pompeo's anti-China speech
12:11 (Clip) Pompeo: US must (regime) "change" China
13:00 CIA says China is biggest "threat"
15:29 US Congress' (Anti) "China Week"
17:22 Funding anti-China disinformation
17:42 Hong Kong
18:34 Taiwan
20:10 "Pacific Partnership" (for war)
20:34 Japan and South Korea
20:55 Economic warfare and sanctions
24:40 Electric vehicles (EVs)
27:03 Drones
27:53 Batteries
28:39 Biotech
29:08 Telecommunications
30:37 Chinese currency (renminbi/yuan)
31:45 Agriculture/land
32:14 Media
32:37 Scientific research
32:59 Confucius Institutes
33:36 USA restricts interchange with Chinese
35:00 Preparing for war
35:49 Outro -
The vast majority of the world voted at the UN General Assembly to demand an end to Israel's unlawful occupation of Palestinian territory within 12 months, with 124 countries (64%) in favor, 14 (7%) against, and 43 (22%) abstentions. Ben Norton analyzes the geopolitics of the vote, and how the US and most of the West is violating international law.
VIDEO: https://www.youtube.com/watch?v=sK9dmK8p0n0
Sources and more information here: https://geopoliticaleconomy.com/2024/09/19/end-israel-occupation-palestine-un-vote/
Topics
0:00 Intro
0:21 Chart of countries' votes at UN
1:00 UN resolution demands end to Israel's occupation
2:22 Map & analysis of countries' votes at UN
6:49 International Court of Justice (ICJ) ruling
8:28 West's "rules-based order" threatens international law
12:41 USA blocks full UN membership for Palestine
14:45 Why USA supports Israel, its "unsinkable aircraft carrier"
15:55 (Clips) Biden: US would create Israel if it didn't exist
16:20 US empire opposes peace, in Gaza and worldwide
18:12 Outro -
Ukraine is "sitting on a trillion dollars worth of minerals that could be good to our economy", said US Senator Lindsey Graham as he stood next to Zelensky in Kiev. Ben Norton discusses how Western politicians and corporations want to exploit Ukrainian natural resources, to profit and to weaken the role of China and Russia in critical supply chains.
VIDEO: https://www.youtube.com/watch?v=_XuJLV2kfcc
Sources and more information here: https://geopoliticaleconomy.com/2024/09/16/senator-lindsey-graham-ukraine-trillion-minerals/
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: https://geopoliticaleconomy.com/2022/07/28/west-neoliberal-recovery-conference/
Topics
0:00 US Senator Lindsey Graham wants Ukraine's minerals
4:19 Ukraine has tens of trillions of dollars worth of natural resources
5:34 China and critical minerals supply chain
7:10 USA wants Ukraine to replace China in minerals supply chain
8:03 Wall Street is buying up Ukraine
9:13 (Clip) Zelensky's love letter to Western corporations
10:58 NATO fights Russia to the last Ukrainian
11:46 Study: foreign intervention is 100 times more likely in country with oil
14:22 Geopolitics of NATO proxy war on Russia in Ukraine
17:58 Afghanistan's resources and $1 trillion of minerals
24:31 Outro -
Donald Trump has threatened that, if he comes back as US president, he will impose 100% tariffs on countries that drop the dollar, trying to cut off their trade. Ben Norton discusses how this will accelerate the global dedollarization movement, incentivizing more nations to join China, Russia, and BRICS in seeking financial alternatives.
VIDEO: https://www.youtube.com/watch?v=4sYacRjSND4
Check out our related video "De-dollarization: China drops US Treasury bonds, instead buys gold, oil, metals": https://www.youtube.com/watch?v=z-bnIrbZjaM
Topics
0:00 (Clip) Trump threatens countries that drop US dollar
0:49 De-dollarization
2:06 (Clip) Trump pledges tariffs on nations that de-dollarize
2:24 Dollar system is not a "public good"
3:03 BRICS
3:49 BRICS Bank (New Development Bank)
4:33 Brazil's Lula calls to drop US dollar
5:10 China & Brazil de-dollarize trade
5:35 China & Russia de-dollarize trade
6:01 Russia & Iran de-dollarize trade
6:10 Southeast Asia (ASEAN) de-dollarizes
7:05 (Clip) Trump: "I would not allow countries to go off the dollar"
7:37 Trump's plans to punish independent countries
8:22 Dollar system and US imperial decline
10:00 China is biggest trading partner of most countries
11:11 BRICS GDP (PPP) is bigger than G7
12:27 Largest economies on Earth (Rise of Global South)
14:01 US imperialism is in crisis
16:27 China's share of global trade
16:40 China de-dollarizes its trade
20:10 China buys oil & gas in yuan/renminbi
21:56 De-dollarization of trade vs savings (investment & reserves)
22:40 China dumps US Treasury securities
25:11 China's central bank buys gold
25:56 JP Morgan report on dedollarization
27:07 Multipolar financial world
29:01 Outro -
What are central bank digital currencies (CBDCs), and why are banks on Wall Street lobbying against them? Could they be an alternative for average people, or would they create even more problems than they solve? Political economist Radhika Desai is joined by legal scholar Robert C. Hockett to discuss CBDCs, central banks, the Federal Reserve, and the banking system.
This is part of Radhika's show Geopolitical Economy Hour. You can watch other episodes of the program here: https://youtube.com/playlist?list=PLDAi0NdlN8hMl9DkPLikDDGccibhYHnDP -
The same week France arrested Telegram CEO Pavel Durov, the "President of the Rich" Emmanuel Macron stole the 2024 election, refusing to allow the left-wing New Popular Front that won to form a new government, instead appointing a new prime minister from a right-wing party that got 6% of the vote. Ben Norton discusses how Western "democracies" are actually oligarchies.
VIDEO: https://www.youtube.com/watch?v=jbx43-U1h1o
Topics
0:00 Western "democracy" is oligarchy
3:39 Emmanuel Macron: the "president of the rich"
6:11 Inequality in France
8:27 French billionaire oligarchs
12:48 France's 2024 election results
14:10 Macron appoints election loser Michel Barnier as PM
15:28 Leftist leader Mélenchon accuses Macron of electoral theft
17:04 52% of French want to impeach Macron
17:28 Western leaders praise undemocratic PM Michel Barnier
19:51 How Macron stole the election he lost
23:07 France is not a democracy
24:20 Arrest of Telegram CEO Pavel Durov
25:57 US government wanted Telegram backdoor for spying
27:09 Russia, West, and Pavel Durov
28:18 Telegram and Belarus color revolution attempt
30:16 Western media's former love affair with Durov
31:19 West turns on Durov
33:45 Outro -
A top Israeli military official admitted the war on Gaza is only possible thanks to US support and arms supplies. Ben Norton explains how Israel is an outpost of the US empire in a key geostrategic region. As Joe Biden said, "Were there not an Israel, the United States of America would have to invent an Israel to protect her interest in the region".
VIDEO: https://www.youtube.com/watch?v=_UWewzp7lcE
Sources and more information here: https://geopoliticaleconomy.com/2024/09/04/israel-war-gaza-possible-us-support/
Why does the US support Israel? A geopolitical analysis with economist Michael Hudson: https://geopoliticaleconomy.com/2023/11/12/why-us-support-israel-geopolitics-michael-hudson/ - Näytä enemmän
