Avsnitt
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The Global South-led organization BRICS continues to expand, adding 9 partner countries in January 2025, after admitting 4 new members in 2024. The group now makes up roughly half of the global population and more than 41% of world GDP (PPP). It's an economic powerhouse, with top producers of key commodities like oil, gas, grains, meat, minerals, and more. Ben Norton analyzes the growing influence of BRICS+.
VIDEO with charts and maps here: https://www.youtube.com/watch?v=k_shuhJvvBY
BRICS MEMBERSHIP (9 members + 9 partner countries)
- 5 original members are Brazil, Russia, India, China, South Africa.
- 4 new members officially admitted in January 2024 are Egypt, Ethiopia, Iran, UAE. (Saudi Arabia has neither accepted nor denied the invitation. Argentina rejected the offer.)
- 9 confirmed partner countries are Belarus, Bolivia, Cuba, Indonesia, Kazakhstan, Malaysia, Thailand, Uganda, Uzbekistan.
- 4 invited partner countries have not yet given a response: Algeria, Nigeria, Turkey/Türkiye, Vietnam.
Check out our related video on BRICS' plan to transform the global financial system: https://www.youtube.com/watch?v=3pHr5yzLEHA
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 History of BRICS expansion
0:45 9 new partner countries
1:38 Map of BRICS membership
3:45 BRICS is an economic powerhouse
5:00 What does partner status mean?
5:39 De-dollarization of international financial system
7:06 1/2 of global population
8:35 BRICS economies are bigger than G7
9:24 41% of world GDP (PPP)
10:20 US GDP is overstated
12:49 Food production
17:32 Oil & gas production
18:32 Renewable energy
19:21 Mineral production
20:43 Building a global alternative
22:07 Outro -
Syrian rebel commanders have admitted that the US military helped them overthrow the government of Bashar al-Assad. NATO member Turkey and Israel played a key role as well. Ben Norton reviews the evidence.
VIDEO: https://www.youtube.com/watch?v=qicLi6kqt7M
Topics
0:00 Intro
0:41 US troops occupy Syria's oil & wheat fields
2:56 US military oversaw Syrian rebel assault
6:22 Turkey backed Syrian rebel operation
6:48 Israel helped Syrian rebels
8:06 US military funded Syrian rebels
10:54 Rebranded Al-Qaeda takes over Syria
12:19 USA & Turkey carve up Syria
13:05 Israel colonizes Syrian land
14:31 Jake Sullivan: "AQ is on our side in Syria"
15:15 CIA armed & trained Syrian rebels
16:18 Jabhat al-Nusra rebrands as HTS
17:20 US diplomats meet with HTS leader al-Jolani
19:12 Western media whitewashes Al-Qaeda 2.0
21:05 Outro -
Saknas det avsnitt?
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Did Israel and the United States win the Syria war? What about NATO member Turkey? Were Iran and the Axis of Resistance defeated? Political economist Radhika Desai discusses with Mohammad Marandi, a professor at the University of Tehran.
VIDEO: https://www.youtube.com/watch?v=Za2HfCFbHt8
This is part of the show Geopolitical Economy Hour. You can watch other episodes of the program here: https://youtube.com/playlist?list=PLDAi0NdlN8hMl9DkPLikDDGccibhYHnDP -
After helping to overthrow leader Bashar al-Assad, Israel destroyed Syria's military capabilities and is seizing territory, annexing the Golan Heights and occupying more land. The Al-Qaeda-linked Salafi-jihadist rebels who now rule Syria, led by Hayat Tahrir al-Sham (HTS), have allowed Israel to do this. HTS leader (and former Al-Qaeda chief) Abu Mohammad al-Jolani said "We are not looking to engage in a conflict with Israel". Ben Norton reports.
VIDEO: https://www.youtube.com/watch?v=tEOiNDVFJ_o
Topics
0:00 USA & Israel occupy Syrian territory
2:49 Israel destroys Syria's military capabilities
4:14 Israel expands illegal settlements in occupied Golan Heights
5:26 UN vote demands Israel withdraw from Syrian Golan
6:33 Israel supported Syrian rebels (including Al-Qaeda)
7:52 Netanyahu: "We are changing the face of the Middle East"
8:51 Israel threatens Iran
10:50 HTS leader al-Jolani wants peace with Israel
13:35 (CLIP) HTS refuses to criticize Israel
14:23 The US empire's "Syrian Revolution"
15:08 US State Dep't talks with Al-Qaeda 2.0
16:27 UK sends millions to rebranded Al-Qaeda
17:10 CIA armed & trained Syrian rebels
17:43 Syrian rebels vow neoliberal "free-market" shock therapy
19:08 Uyghur extremists declare war on China
21:34 HTS denies rights to Syrian women
23:00 HTS stoned Syrian women to death
23:30 Outro -
South Korea's US-backed President Yoon Suk Yeol launched a coup attempt, but failed. He tried to provoke war with North Korea by attacking with drones, hoping to justify imposing martial law, but the DPRK showed restraint. Ben Norton analyzes the geopolitics of the crisis, addressing NATO, China, Japan, and more.
VIDEO: https://www.youtube.com/watch?v=MGXKAkieFkY
Topics
0:00 Intro
1:10 Yoon Suk Yeol, DC darling
2:11 Authoritarianism in South Korea & Japan
3:07 Washington's anti-China alliance
3:46 Yoon plotted war with North Korea
6:15 Yoon ordered military to assault lawmakers
7:51 South Korean opposition
9:00 Crazy coup plot
10:55 Coup planned in advance
11:39 Opposition warned of martial law
12:11 Yoon's corruption & unpopularity
14:01 Class war
15:02 Chaebols: corporate oligopolies
17:21 US military bases
18:49 South Korea: a US "client"
19:54 (CLIP) Yoon's speech to US Congress
22:23 Yoon blames "Chinese spies"
23:04 US cultivates anti-China assets
23:54 Lee Jae-myung opposes conflict with China
26:20 Japan
29:32 NATO
30:30 USA targets "Axis of Adversaries"
31:14 US nuclear threats
33:12 NYPD spends more than DPRK military
34:06 Korean War
34:43 USA killed 20% of North Korea's population
36:56 UK plans for world war
38:00 Outro -
The Syrian government was overthrown, and Salafi-jihadist rebels led by a rebranded version of Al-Qaeda called Hay'at Tahrir al-Sham (HTS) took power in Damascus. US President Biden and Israeli Prime Minister Netanyahu boasted of helping topple Bashar al-Assad. NATO member Turkey played a key role as well. Ben Norton explains how the West dealt a major blow to the Axis of Resistance and Iran.
VIDEO: https://www.youtube.com/watch?v=D8pZgwOdIuA
Al-Qaeda-linked ‘rebels’ in Syria say they ‘love Israel’. USA gave them billions in weapons & support: https://geopoliticaleconomy.com/2024/12/06/al-qaeda-rebels-syria-israel-usa/
US troops are occupying Syria’s oil fields. Congress refuses to withdraw them: https://geopoliticaleconomy.com/2023/12/12/us-troops-occupy-syria-oil-congress-withdraw/
Topics
0:00 Syrian government is overthrown
3:17 Al-Qaeda leader Abu Mohammad al-Jolani
4:39 AQ rebrands: Jabhat al-Nusra to Jabhat Fatah al-Sham to HTS
6:16 Western media whitewashed Osama bin Laden
7:53 Jake Sullivan: "AQ is on our side in Syria"
8:49 CIA spends billions arming Salafi-jihadists
10:06 Diplomat says HTS is US "asset"
11:33 HTS' medieval rule in Syria
12:44 Libya: where NATO brought back slavery
15:40 (CLIP) Biden takes credit for overthrowing Assad
16:58 Syrian Al-Qaeda got US weapons
17:24 Turkey backed Syrian assault
17:50 Ukraine's role in Syria
18:30 Israel boasts of Syria regime change
19:12 (CLIP) Netanyahu: Israel helped topple Assad
19:26 Israel supported Syrian rebels
20:38 Syrian rebels say they "love Israel"
22:09 Israel seizes more Syrian territory
23:15 Axis of Resistance is weakened
25:15 Syria's territorial integrity
26:41 US military occupies Syria's oil fields
27:19 (CLIP) Trump boasts: I took Syria's oil
27:46 Congress backs US military occupation of Syria
28:33 US starved Syria of oil revenue
29:43 Western sanctions suffocated Syria's economy
32:42 Inflation in Syria
33:35 This is not about "authoritarianism"
36:08 US strategy to collapse Syrian state
37:30 (CLIP) US official outlines Syria regime-change plan
39:46 Will Syria's borders be changed?
41:41 Iran: the ultimate US target
42:45 (CLIP) Wesley Clark: US planned to topple 7 governments
43:38 US collapsed 6 of 7 states on regime-change list
44:34 Will US war on Iran be next?
46:24 Outro -
While the United States provokes conflicts across the world, China has promoted economic development, lifting hundreds of millions of people out of poverty, building infrastructure, and encouraging win-win cooperation. Political economists Radhika Desai and Michael Hudson are joined by Beijing-based scholar Mick Dunford to discuss the significance of the 75th anniversary of the Chinese revolution.
VIDEO: https://www.youtube.com/watch?v=QuKG___qK-8
This is part of the show Geopolitical Economy Hour. You can watch other episodes of the program here: https://youtube.com/playlist?list=PLDAi0NdlN8hMl9DkPLikDDGccibhYHnDP -
The United States spent billions over years arming and training militants in Syria, many linked to Al-Qaeda and ISIS. The extremist "rebels" who took over Aleppo (and rule Idlib) said they "love Israel". Ben Norton documents the Western dirty war on Syria, and how Washington is trying to divide and conquer the anti-colonial Axis of Resistance in West Asia (the Middle East).
VIDEO: https://www.youtube.com/watch?v=cl-vX1RBapo
Sources and links here: https://geopoliticaleconomy.com/2024/12/06/al-qaeda-rebels-syria-israel-usa/
Topics
0:00 CIA armed & trained "rebels" in Syria
2:14 Rebranded Al-Qaeda (HTS) takes over Aleppo
4:54 Jake Sullivan: "AQ is on our side in Syria"
6:04 Syrian Al-Qaeda (Nusra Front) got US weapons
6:50 Israel supported Salafi-jihadist "rebels" in Syria
7:52 Syrian "rebels" say they "love Israel"
11:47 US demands Syria cut ties with Iran & Hezbollah
13:14 Israel violated Lebanon "ceasefire" 100 times in 1 week
14:09 USA tries to divide Axis of Resistance
15:31 Geopolitics of West Asia (Middle East)
16:23 Israel is US empire's unsinkable aircraft carrier
17:46 (CLIP) Biden: If Israel didn't exist, US would have to create it
18:11 USA uses Israel to crush anti-colonial resistance
19:59 ISIS got US weapons
22:05 (CLIP) Biden: US allies supported ISIS & Al-Qaeda in Syria
24:10 DIA memo shows Pentagon knew ISIS & AQ led Syrian opposition
29:21 NATO-backed Israeli think tank said ISIS was "useful tool"
31:30 US-led war on Syria continues
32:15 Outro -
As the NATO-Russia proxy war in Ukraine escalates, the US Army is funding research on "the impacts of nuclear weapons on farm systems" in Eastern Europe. Numerous scientific studies warn that this would cause a nuclear winter that would starve billions and kill off the majority of the human population. Ben Norton discusses the extreme dangers.
VIDEO: https://www.youtube.com/watch?v=KV8rCGchY-k
94% of Americans want to end Ukraine war, but US rejects China peace deal, opposes talks with Russia: https://geopoliticaleconomy.com/2024/06/08/end-ukraine-war-us-china-peace-deal-russia/
Topics
0:00 Intro
0:27 Doomsday Clock is 90 seconds to midnight
2:09 US Army studies effects of nuclear weapons on agriculture
3:47 Scientists say nuclear war would kill billions
5:46 Nuclear winter
6:47 Escalation of Ukraine proxy war
7:48 Ukraine (and NATO) is losing
8:58 Most Americans want to end Ukraine war
10:03 US nuclear war strategy
11:37 USA spends trillions on nuclear weapons
14:39 Donald Trump tore up Russia arms treaties
17:37 Trump gave Ukraine lethal weapons
18:23 (CLIP) Trump boasts of Ukraine arms shipments
18:40 Trump is not anti-war
19:11 Bipartisan US war drive
20:19 Outro -
To defend their colonialism in Gaza, the United States and Israel have attacked every single legal institution upholding international law, including the UN, the International Court of Justice (ICJ), the International Criminal Court (ICC), and more. Ben Norton explains how the imperial war on Palestine is a neocolonial assault on multilateralism and multipolarity.
VIDEO: https://www.youtube.com/watch?v=8EAAytPjQzc
Check out our related video - US threatens ICC & allies over Netanyahu arrest warrant: https://www.youtube.com/watch?v=RqBtZxSYwaU
Topics
0:00 Intro
0:40 US vetoes Gaza ceasefire in UN Security Council
2:24 Israel uses food as weapon in Gaza
4:19 Israel violates ICJ rulings
5:26 US attacks ICC over Netanyahu arrest warrant
6:36 Washington Post: ICC is for Global South & Russia
7:59 Billionaire oligarch Jeff Bezos owns Washington Post
9:20 ICC was "built for Africa" & Russia
10:26 (CLIP) ICC prosecutor on Western pressure
10:51 Rules-Based International Order
12:47 UN Security Council
14:27 Wolfowitz Doctrine
15:35 US unipolarity
17:02 Western colonialism
18:23 Israeli colonialism
19:25 Israel is ethnically cleansing Gaza
20:45 Israeli minister Smotrich vows to annex West Bank
21:52 Israel attacks UN Secretary-General Antonio Guterres
23:42 Trump's UN ambassador pick Elise Stefanik
24:26 Trump withdrew US from UN Human Rights Council
25:15 Biden-Harris administration
25:54 UN experts warn Gaza war destroys international law
27:42 Outro -
The Western alliance is divided over Israel, after the International Criminal Court (ICC) issued an arrest warrant for Prime Minister Benjamin Netanyahu, charging him with crimes against humanity in Gaza. The United States is threatening sanctions. Ben Norton discusses the severe political crisis in the "rules-based order".
VIDEO: https://www.youtube.com/watch?v=RqBtZxSYwaU
Sources and links here: https://geopoliticaleconomy.com/2024/11/24/west-israel-us-threat-icc-netanyahu-arrest/
Here you can see the September 2024 UN vote demanding an end to Israel's illegal occupation of the Palestinian territories: https://geopoliticaleconomy.com/2024/09/19/end-israel-occupation-palestine-un-vote/
Topics
0:00 ICC issues arrest warrant for Netanyahu
0:25 West divides over Israel
0:57 US politicians threaten allies
1:35 UN accuses Israel of g-cide
3:03 Israel is ethnically cleansing Gaza
3:41 ICC tries to save its reputation
4:36 ICC delayed arrest warrants for 6 months
5:01 US sent Israel $18 billion in military aid in 1 year
5:25 US pressure on ICC
6:20 (CLIP) US Senator Lindsey Graham warns: "We're next!"
6:44 Biden attacks ICC
7:27 The "rules-based international order"
7:55 Senator Tom Cotton wants to invade the Hague
8:25 Hague Invasion Act
9:27 Trump officials threaten ICC
10:07 Trump sanctioned ICC personnel
11:23 House of Representatives calls to sanction ICC
12:14 Australia, Canada, UK support ICC
13:54 Senator Lindsey Graham threatens US allies
14:31 (CLIP) Lindsey Graham calls to sanction US allies
14:53 US threatens Western allies
15:27 EU backs ICC arrest warrants
16:32 France, Italy, Netherlands, Belgium, Ireland back ICC
16:51 UN vote on Israel-Palestine
17:33 Viktor Orbán's Hungary supports Israel, attacks ICC
18:24 Javier Milei's Argentina backs Netanyahu
19:17 Germany refuses to honor ICC warrant
19:48 West is split on Israel
20:49 Outro -
US politicians and media outlets complain about China's growing global influence, but offer no alternatives to help countries develop. China has the world's largest economy, produces inexpensive manufactured goods everyone wants, invests trillions in infrastructure, and doesn't interfere in internal affairs of foreign nations. Ben Norton compares what Washington and Beijing have done in Latin America, especially Peru and Nicaragua.
VIDEO: https://www.youtube.com/watch?v=fRpe7W4vxHY
Topics
0:00 US politicians fearmonger about China
1:32 Non-interventionist foreign policy vs US wars
2:21 China: world's largest economy & manufacturer
3:49 China: biggest trading partner of most countries
4:36 Latin America
6:48 Belt & Road Initiative (BRI)
9:19 US alternative: tariffs & privatized infrastructure
11:42 BlackRock plans to buy up infrastructure
12:39 BlackRock CEO Larry Fink at G7 summit
13:49 China builds Peru's Chancay mega-port
15:56 USA threatens Latin America over Chinese-built port
18:09 US-backed coup in Peru
19:47 USA sells Peru old trains from 1980s
21:31 What US offers vs what China offers
23:40 Nicaragua canal plans
25:04 US attacks on Nicaragua's Sandinista Revolution
26:10 Why China is winning influence
29:02 Outro -
To run the US military in his second term, Donald Trump has nominated as Defense Secretary Pete Hegseth, a neoconservative self-declared "crusader" who is eager for a Western civilizational war on China and Iran. Ben Norton reviews the extremely hawkish history of the Fox News host turned likely Pentagon chief.
VIDEO: https://www.youtube.com/watch?v=m9WBjcfVhu4
Topics
0:00 Trump's defense secretary nominee Pete Hegseth
0:31 An "American Crusade" (against China & Iran)
1:53 Hegseth called on Trump to bomb Iran
4:44 Trying to divide China & Russia
5:39 Fearmongering about BRICS & de-dollarization
7:48 "Axis of Evil": neocon ideology
8:26 Neocolonialism in Latin America
9:47 Preparing for war with China
11:33 Outro -
Donald Trump has appointed neoconservative Marco Rubio to oversee US foreign policy as secretary of state. Ben Norton reviews his extremely hawkish record pushing for war on China, Iran, and beyond, as well as the Florida senator's shady support for his drug lord brother-in-law, Orlando Cicilia, who was imprisoned for trafficking $15 million in cocaine.
VIDEO: https://www.youtube.com/watch?v=-ncw2VCsJFI
Topics
0:00 Intro
0:32 China is threat to US unipolar dominance
1:21 Rubio loves Israel
1:55 Rubio wants "disproportionate" attack on Iran
2:25 Religious fundamentalism
3:47 China is "far more dangerous than the cold war"
4:33 Neocolonialism in Latin America
6:03 Rubio wants USA to invade Venezuela
6:25 Monroe Doctrine
7:42 China and Latin America
8:39 Scapegoating China
9:28 Chinagate: the new McCarthyism
10:55 Censorship
11:41 Rubio wants to censor "disinformation"
12:08 Threatening Mexico
13:05 Rubio's shady links to drug lord brother-in-law
14:02 Outro -
Donald Trump has nominated warmongering neoconservatives to run his foreign policy, including Marco Rubio as Secretary of State, Mike Waltz as National Security Advisor, Pete Hegseth as Defense Secretary, John Ratcliffe as CIA Director, and Elise Stefanik as UN Ambassador. Ben Norton reports on their extremely hawkish views.
VIDEO: https://www.youtube.com/watch?v=iwsrUUkDBWg
Topics
0:00 Trump's warmongering cabinet
3:54 Strategy: try to divide Russia & China
5:05 Summary of foreign policy of Trump's 1st term
8:31 Mike Waltz, National Security Advisor
12:49 Pete Hegseth, Defense Secretary
19:52 Neocolonialism in Latin America
23:00 Marco Rubio, Secretary of State
29:20 John Ratcliffe, CIA Director
32:07 Elise Stefanik, UN Ambassador
34:53 Outro -
How will the return of Donald Trump as US president affect the world? What will his foreign policy and economic strategy be? Ben Norton explains.
VIDEO: https://www.youtube.com/watch?v=EJQKIwe2BYo
Topics
0:00 Intro
0:33 Summary of Trump's foreign policy
10:44 Neocons in Trump's cabinet
14:41 China
18:48 Tariffs & trade with China
24:47 US dollar & re-industrialization
29:39 Protectionism
37:01 Russia & Ukraine
42:23 Israel-Palestine
44:31 Iran
46:36 Middle East (West Asia): Yemen, Iraq, Syria
49:41 Latin America: Mexico, Venezuela, Cuba, Nicaragua, Bolivia
53:17 Africa
54:32 Europe
56:11 Japan & South Korea
57:53 Outro -
Donald Trump won the 2024 US presidential election in a landslide. Why did Kamala Harris lose so badly? Ben Norton explains the failure of the billionaire-funded Democratic Party to provide an economic alternative to the billionaire-funded Republicans' pseudo "populism", as working-class people suffer.VIDEO: https://www.youtube.com/watch?v=mSBi0m5xCJsTopics0:00 Donald Trump wins 2024 presidential election1:07 Who really is Kamala Harris? Does anyone know?4:42 DNC strategy: sacrifice workers for moderate Republicans in suburbs5:48 Harris campaigns with neoconservative Cheney family6:56 Harris had no democratic mandate7:42 Out-trumping Trump on immigration? Really?8:04 Hillary Clinton 2.010:05 Low Democrat turnout11:12 The status quo loses12:34 Dems' extreme pro-Israel stance lost swing state voters16:01 Rashida Tlaib & Ilhan Omar won; Harris lost17:37 "Never Trump Republicans" barely exist18:30 It's the economy, stupid20:09 US GDP growth is not benefiting workers21:39 Wealth inequality 22:32 Poverty & hunger increased under Biden-Harris23:33 Trump scapegoats24:09 (CLIP) Trump vows: "We are going to take other countries' jobs"24:58 Trump's false promises25:27 Deindustrialization26:22 Immigration28:40 Trump's tax cuts help rich elites, hurt workers31:12 Billionaires Elon Musk & Stephen Schwarzman funded Trump32:11 Inflation, debt, deficits35:11 Tariffs 35:40 Conclusion
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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 -
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 - Visa fler
