Geopolitical Economy Report

China sponsored peace talks that led Saudi Arabia and Iran to normalize diplomatic relations, in a big blow to the petrodollar. Both countries are major oil producers that have applied to join BRICS and are discussing selling energy in other currencies. VIDEO: https://youtube.com/watch?v=DyAFerEouN0 BRICS challenges US ‘dollar dominance’, Saudi considers selling oil in other currencies: New multipolar economic order: https://geopoliticaleconomy.com/2023/01/21/brics-us-dollar-saudi-oil-currency-multipolar

Economists Radhika Desai and Michael Hudson discuss the consequences of the dollar system after de-linking from gold, including dollar hegemony, quantitative easing, and the euro. They also explore the impacts of Volcker, Reaganomics, and financialization on the US economy, as well as the effects of deindustrialization and leveraged buyouts. Additionally, they discuss the shift to finance capitalism, the 2008 crisis, and the role of the dollar system in it.

Historian Aaron Good explains US President John F. Kennedy's policies on the wars on Vietnam and Laos, and JFK's conflict with the generals in the Pentagon's Joint Chiefs of Staff. VIDEO: https://youtube.com/watch?v=vkslqu9_q0w This is from the Empire and the Deep State series that Geopolitical Economy Report editor Ben Norton is co-hosting with Aaron Good and Seamus McGuinness of the American Exception podcast. This is part 2 of our historical analysis of the JFK administration. (This episode was recorded in November 2022.) PLAYLIST with past episodes in the series here: https://youtube.com/playlist?list=PLDAi0NdlN8hNArLl765PXe8tsTKmOciGL

President Xi Jinping denounced the US-led Western attempt to "contain, encircle, and suppress China". Foreign Minister Qin Gang condemned Washington's "hysterical neo-McCarthyism" and "malicious confrontation", opposing the "cold war mentality". VIDEO: https://youtube.com/watch?v=4laXMaMhbPo Sources and more information here: https://geopoliticaleconomy.com/2023/03/07/xi-us-containment-encirclement-china US ambassador arrogantly lectures China ‘threat’: ‘We’re the leader in this region (Asia)’!: https://geopoliticaleconomy.com/2023/03/04/us-ambassador-china-leader-region US admits weather pushed Chinese balloon off course, US shot down hobbyists’ $12 balloon in $2M missile attack: https://geopoliticaleconomy.com/2023/02/18/us-weather-chinese-balloon-hobbyist

In an interview with the Chamber of Commerce, US Ambassador Nicholas Burns referred to China as a “threat”, “great challenge”, and “very difficult government”, stating arrogantly, “The United States is staying in this region. We’re the leader in this [Indo-Pacific] region”. VIDEO: https://youtube.com/watch?v=BEqmQkKlcjo Sources and more information here: https://geopoliticaleconomy.com/2023/03/04/us-ambassador-china-leader-region US admits weather pushed Chinese balloon off course, US shot down hobbyists’ $12 balloon in $2M missile attack: https://geopoliticaleconomy.com/2023/02/18/us-weather-chinese-balloon-hobbyist China report excoriates ‘US hegemony’, war crimes, CIA coups, 400 foreign interventions: https://geopoliticaleconomy.com/2023/02/22/china-report-us-hegemony-wars-coups-intervention

Economist Radhika Desai and Ben Norton analyze imperialism, the failure of neoliberalism, and the new cold war that the US is waging against China and Russia. VIDEO: https://youtube.com/watch?v=RVIpyOwJRW4 This is part 2 in a series discussing Radhika's new book "Capitalism, Coronavirus and War: A Geopolitical Economy". You can download Radhika's book for free here: https://geopoliticaleconomy.com/2023/02/17/capitalism-coronavirus-war-geopolitical-economy-radhika-desai Other episodes in the series: https://youtube.com/playlist?list=PLDAi0NdlN8hNZoKp0XsLFwSxxlMQu6ye8 Check out the International Manifesto Group at https://internationalmanifesto.org

Malaysia’s longest-serving Prime Minister Mahathir Mohamad said “the present war between Ukraine and Russia is caused by the Europeans’ love of war, of hegemony, of dominance”. He warned it “can be interpreted as the start of the Third World War”. VIDEO: https://youtube.com/watch?v=3zUJAvB56a4 Sources and more information here: https://geopoliticaleconomy.com/2023/02/25/ukraine-europe-love-war-hegemony-malaysia

Top US military officials have stated openly that Washington is preparing to wage war on China, supporting separatists on Taiwan island. Geopolitical Economy Report editor Ben Norton gave this presentation as part of the panel discussion "Will there be a war in the Taiwan Strait?", organized by the International Manifesto Group. VIDEO: https://youtube.com/watch?v=ODbrpimBgKo Watch the full panel here: https://youtube.com/watch?v=McRkNqd7waM

Historian Aaron Good discusses the rise of JFK, the Cold War, European colonialism, and the Bay of Pigs. They explore JFK's presidency, his support for Third World nationalism, his struggles with the deep state, and his accomplishments in the Cuban Missile Crisis. They also dive into the life of Joseph Kennedy Sr., the influence of television on JFK's campaign, and the connections between the Kennedy administration and the Rockefeller family.

A study by the EU-funded European Council on Foreign Relations found that the West is increasingly out of touch politically with the rest of the world. Most people in China, India, and Türkiye see Russia as an important ally, and they want a multipolar world, not continued “American global supremacy”. VIDEO: https://youtube.com/watch?v=6onX5CKS3hM Sources and more information here: https://geopoliticaleconomy.com/2023/02/25/west-rest-world-eu-study