Geopolitical Economy Report

Political economists Radhika Desai and Michael Hudson discuss the rhetoric and reality of Bidenomics, and how good US President Joe Biden really was for the economy. VIDEO: https://youtube.com/watch?v=Xwht64COz2Q Transcript: https://geopoliticaleconomy.com/2024/02/28/bidenomics-economy-radhika-desai-michael-hudson/ You can find other episodes of their program Geopolitical Economy Hour here: https://geopoliticaleconomy.com/tag/geopolitical-economy-hour/

The Western media showed its extreme bias by whitewashing the fatal protest of US airman Aaron Bushnell, who set himself on fire outside Israel's embassy in Washington, DC while shouting "Free Palestine!" and "I will no longer be complicit in genocide!". Ben Norton contrasts the press' coverage of Russia, showing clear double standards. VIDEO: https://youtube.com/watch?v=u3J4FfAGaEI

Many Latin American countries have accused Israel of genocide against the Palestinian people, even comparing it to Nazi Germany. Ben Norton explains the responses of Argentina, Bolivia, Brazil, Chile, Colombia, Cuba, Ecuador, El Salvador, Guatemala, Honduras, Mexico, Nicaragua, Peru, and Venezuela. VIDEO: https://youtube.com/watch?v=63Zj691F8Iw Topics 0:00 Intro 0:54 Latin American countries that support Palestine 1:47 ICJ or ICC? Differences 2:41 ICJ says Israel can be investigated for genocide 3:32 Israel's war on Gaza is most destructive in modern history 4:20 Brazil's President Lula compares Israel to Nazi Germany 6:01 Israeli media compares Netanyahu's government to Nazis 8:18 Colombia's President Gustavo Petro accuses Israel of genocide 9:43 Bolivia's ex-President Evo Morales accuses Israel of genocide 10:22 US imperialism in Latin America and West Asia 12:08 Venezuela compares Israel to Nazi Germany 13:07 Nicaragua's President Ortega blasts West's "horrendous crimes" 13:56 Nicaragua joins South Africa's ICJ case 16:04 Cuba accuses Israel of genocide 16:39 Bolivia breaks diplomatic ties with Israel 16:58 Belize breaks diplomatic ties with Israel 17:08 Honduras recalls its ambassador in Israel 17:19 Latin America's right-wing governments support Israel 18:41 El Salvador's Nayib Bukele supports Israel 19:23 Argentina's Javier Milei supports Israel 20:21 Latin American left vs right 21:13 Latin America's anti-imperialist leadership 23:18 Outro

The United States used its veto power to block a fourth UN Security Council resolution that called for a humanitarian ceasefire in Gaza. The Biden administration keeps sending weapons to Israel, helping it violate an International Court of Justice (ICJ) ruling that says Netanyahu must respect the Genocide Convention and stop killing Palestinians. Ben Norton explains. Sources and more information here: https://geopoliticaleconomy.com/2024/02/21/us-veto-un-resolution-gaza-israel-hague-genocide VIDEO: https://youtube.com/watch?v=zDcN9LsntHI Our related video - Israel admits Gaza health ministry death toll is accurate: https://youtube.com/watch?v=Dbj1GNT3Mjk Topics 0:00 US votes against 4th UNSC Gaza resolution 4:13 Israel violates ICJ genocide ruling 6:15 UN says 100,000 Palestinians killed, wounded, or missing 7:34 Gaza health ministry death toll 8:23 Israel's war on Gaza is most destructive in modern history 9:57 US sends more weapons to Israel 11:35 Biden admin's hypocrisy 13:05 EU foreign policy chief criticizes Israel's "slaughter" 15:26 Canada's military support for Israel 17:05 Image of US voting against the world 17:40 Russia condemns Israel's ethnic cleansing 19:10 France says Israel must end war 19:47 China urges peace and "justice" in Palestine 20:39 US doctor describes "annihilation" in Gaza 22:16 ICJ cases against Israel 23:35 US threatens South Africa 24:20 New York governor uses genocidal rhetoric 25:11 Top UN official warns of "slaughter" in Gaza 26:41 Israel bombs Lebanon too 27:32 Outro

NATO's new cold war on Russia and China is destroying Germany's industrial base, devastating Europe's economy, and destabilizing its politics, fueling the rise of the far-right, as neoliberal austerity policies exacerbate the ongoing recession. Ben Norton analyzes the evidence. Links: - EU confesses ‘our prosperity was based on China & Russia’: cheap energy, low-paid labor, big market: https://geopoliticaleconomy.com/2022/10/18/eu-prosperity-china-russia-energy-market - German lawmaker denounces Ukraine 'proxy war' and US 'terror attack' on Nord Stream pipelines: https://geopoliticaleconomy.com/2023/02/22/germany-ukraine-nord-stream-sevim-dagdelen - How corporate profits are driving inflation, not workers' wages: https://geopoliticaleconomy.com/2023/06/26/corporate-profits-inflation-europe-imf Topics 0:00 Crisis in EU's economic heart: Germany 5:04 EU admits "our prosperity was based on China and Russia" 6:51 German industry 8:09 US-NATO "vassalization" of Europe 10:09 Cheap Russian gas or expensive US LNG? 13:37 Corporations and speculators profit 17:08 Greedflation 19:08 Neoliberal austerity is back 21:24 US Inflation Reduction Act (IRA) 23:52 Economic war on China backfires 27:01 Rise of far-right 29:46 Germany's leftist anti-war alternative 33:01 Environmentalist policies are not the problem 34:56 Outro

Why are countries seeking alternatives to the US dollar? And what role can central bank digital currencies (CBDCs) play in dedollarization? Ben Norton explains how China is using the e-yuan (e-CNY) in new institutions like the mBridge system. VIDEO: https://youtube.com/watch?v=v61dgvN81n0 US Congress plots to save dollar dominance amid global de-dollarization rebellion: https://geopoliticaleconomy.com/2023/06/20/us-congress-dollar-dominance-hearing Topics 0:00 De-dollarization 6:03 Central bank digital currencies (CBDCs) 10:41 mBridge system 12:24 Why China and other countries use CBDCs 16:43 Surveillance? Or privatized tyranny? 19:54 Why Wall Street opposes CBDCs 25:21 Stability and bank bailouts 27:59 Monetary sovereignty 30:12 mBridge experiments 32:39 International trade (without dollars) 40:10 Why are CDBCs so feared in the US? 41:47 Outro

Trump ally Tucker Carlson, known for pushing war on China, is debunked by Putin in a Moscow interview. Topics include warmongering against China, Russia-China alliance, Tucker's CIA links, his racist past, neocolonial views on Latin America, and US failure to divide Russia from China.

Political economists Radhika Desai and Michael Hudson discuss alternatives to financialized neoliberalism, including reforms like progressive taxation, taxing economic rent, and re-industrializing the economy. They explore the impact of financial speculation and the need for financial system reform, and propose an international monetary system and an international treasury to prioritize economic growth and sustainability.

CIA Director William J. Burns published an article demonizing China and Russia as top "threats", boasting that the Ukraine war helps the US economically and geopolitically, and warning Taiwan could be next. Ben Norton explains the context. VIDEO: https://youtube.com/watch?v=uDv4KsLXua8 Sources and more information here: https://geopoliticaleconomy.com/2024/02/07/cia-director-china-threat-russia-ukraine-war China is now the 'world's sole manufacturing superpower'. How did it develop so fast?: https://geopoliticaleconomy.com/2024/01/31/china-world-manufacturing-superpower-production

Reports reveal that the US Drug Enforcement Administration (DEA) used known criminals to spy on and destabilize the left-wing governments in Venezuela, Mexico, and Bolivia. Ben Norton reviews the scandalous evidence detailing Washington's corrupt meddling in Latin America. VIDEO: https://youtube.com/watch?v=5q2531l5Y5M Links: - Trump boasts he wanted to take Venezuela’s oil after overthrowing its government: https://geopoliticaleconomy.com/2023/06/12/trump-venezuela-oil-coup - CIA backed failed 2020 invasion of Venezuela, top coup-plotter says: https://geopoliticaleconomy.com/2022/02/02/cia-invasion-venezuela-cliver-alcala Topics: 0:00 Intro 1:01 Venezuela 9:03 US coup attempt & invasion 14:50 Bolivia 21:02 Mexico 31:28 CIA & drug trafficking 33:02 Outro