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Debt ceiling hypocrisy: US boosts military budget while restricting food stamps for poor

Geopolitical Economy Report

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The Importance of Imperialism in Japan

Ben Norton: Japan is a key part of the US-led imperialist system. He says that's why it can maintain this debt relationship and to denominate its bonds in yen. But countries targeted by the United States for regime change or war won't be able to do so, he says. Norton: If they try to challenge the hegemony of US imperialism there are very real consequences.

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