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And we are The Non-Prophets!... airing on the first and third Sunday of every month, starting at 3:00 PM Central (01:30-03:00 UTC) on our Youtube channel: https://www.youtube.com/thenonprophetsaca. The Non-Prophets focuses on atheism and the separation of church and state. Become a supporter of this podcast: https://www.spreaker.com/podcast/the-non-prophets--3254964/support.
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Geopolitical Economy Report and Ben Norton에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 Geopolitical Economy Report and Ben Norton 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.
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Geopolitical Economy Report and Ben Norton에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 Geopolitical Economy Report and Ben Norton 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.
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Geopolitical Economy Report
1 This is why Trump's tariffs will NOT bring manufacturing back to the US 45:05
45:05 
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좋아요45:05
나중에 재생
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좋아요Donald Trump claims his tariffs will bring back good manufacturing jobs and help to reindustrialize the United States, but all the evidence suggests this will fail, because he has no coherent industrial policy, is gutting the state's capacities, and refuses to challenge Wall Street. Ben Norton explains how the US economy was financialized, and what it would take to truly revive industry. VIDEO: https://www.youtube.com/watch?v=GxWBnA_bQN0 Topics 0:00 (CLIPS) Intro 1:07 Trump's tariffs 2:09 Wells Fargo study 3:23 Industrial policy 3:51 China's industrial policy and planning 6:49 Biden's half-baked attempt 8:00 Survey: US manufacturing is not coming back 11:08 Tariff revenue was paid as subsidies 11:43 US government debt and deficit 12:28 Contradictions in tariff policy 13:25 Data on deindustrialization of US economy 15:45 The American System 18:44 Abraham Lincoln 19:13 Henry Clay 19:26 (CLIP) Trump on Henry Clay 19:59 (CLIP) Trump invokes the American System 20:22 Trumpism = Reaganism + protectionism 20:47 Financialization of US economy 21:20 Trump's tax cuts on the rich 21:55 Corporate incentives 22:43 GE and Boeing 23:28 Wall Street 24:24 US Commerce Secretary Howard Lutnick 25:41 (CLIP) Howard Lutnick on factory jobs 26:46 Manufacturing jobs 27:33 Views on manufacturing in USA 28:22 Lack of skilled labor in USA 29:01 Apple 29:42 (CLIP) Apple CEO Tim Cook on China 32:09 Wages in China 33:50 Vietnam and market socialism 35:37 Elon Musk and Tesla 36:57 US oligarchs 37:39 Policy proposal for reindustrialization 39:52 Challenging capital 40:38 Neoliberal globalization 42:31 Trump's tax policy helps rich, hurts poor 44:52 Outro…
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Geopolitical Economy Report
1 Why Trump is angry at Russia: Reality strikes in Ukraine war 1:01:42
1:01:42 나중에 재생 나중에 재생 리스트 좋아요 좋아요1:01:42
나중에 재생 나중에 재생 리스트 좋아요 좋아요Donald Trump lashed out at Russian President Vladimir Putin, warning that he is "playing with fire", because the US has been unable to end the Ukraine war on its own terms. Political economist Radhika Desai analyzes the geopolitical situation with Russia expert Richard Sakwa. VIDEO: https://www.youtube.com/watch?v=jL1ObLixT8M This is part of the program Geopolitical Economy Hour. You can watch other episodes of the show here: https://youtube.com/playlist?list=PLDAi0NdlN8hMl9DkPLikDDGccibhYHnDP…
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Geopolitical Economy Report
1 US VP JD Vance announces new strategy of blatant imperialism, aimed at China 20:49
20:49 나중에 재생 나중에 재생 리스트 좋아요 좋아요20:49
나중에 재생 나중에 재생 리스트 좋아요 좋아요US Vice President JD Vance revealed the Trump administration's "generational shift in [foreign] policy", emphasizing "great power competition" and preparation for war with China. They're abandoning soft power and focusing on "hard power" and "overwhelming force", in a return to blatant, 19th century-style imperialism. Ben Norton reports. VIDEO: https://www.youtube.com/watch?v=d2Yqc-8uVHc The US military is seriously preparing for war on China: https://geopoliticaleconomy.com/2025/04/28/us-military-war-china-silicon-valley/ Topic 0:00 (CLIP) JD Vance speech highlights 0:23 US VP declares "new era" of foreign policy 1:59 (CLIP) End of US unipolar dominance 2:24 Preparing for war 2:51 (CLIP) A "new and very dangerous era" 3:01 Emphasizing hard power 3:17 (CLIP) Hard power vs soft power 3:22 Containing China 3:31 (CLIP) Targeting China 3:43 Shifting priorities 4:17 (CLIP) Great power competition 4:37 Redirection of foreign policy 4:48 (CLIP) A "generational shift in policy" 4:59 Rise of China 5:46 (CLIP) Era of US hegemony 6:37 USA wants China regime change 7:07 This is not isolationism 7:35 (CLIP) "When we send you to war" 7:58 Taking the mask off US empire 8:49 (CLIP) "We throw a punch hard" 9:07 Trump boosts US military spending 9:28 (CLIP) Trump: $1 trillion military budget 9:49 US foreign military bases 10:19 19th century-style imperialism 10:39 William McKinley, imperialist 11:30 (CLIP) Trump vows "enlarged country" 11:54 Expanding US territory 12:18 (CLIP) Trump: expand US empire 12:56 Monroe Doctrine 13:51 Training "war fighters" 14:07 (CLIP) JD Vance on "war fighters" 14:10 Pete Hegseth 14:25 (CLIP) Hegseth on "war fighters" 14:39 A "peacemaker" for war 14:58 US war on Yemen 15:18 (CLIP) Vance boasts of bombing Yemen 15:33 Future war threats 15:51 (CLIP) US "red lines" for war 16:12 US "ideological crusades" 16:33 (CLIP) Vance on "ideological crusades" 16:46 Pete Hegseth, self-declared "crusader" 17:34 US empire rebrands 18:37 The main target is China 19:34 (CLIP) Marco Rubio on China "threat" 20:17 Preparing for war on China 20:36 Outro…
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Geopolitical Economy Report
1 Trump protects Israel as it vows to 'take over' Gaza and expel Palestinians 27:35
27:35 나중에 재생 나중에 재생 리스트 좋아요 좋아요27:35
나중에 재생 나중에 재생 리스트 좋아요 좋아요Israel's Prime Minister Benjamin Netanyahu pledged to colonize Gaza, saying, "We will take control of all the territory of the Strip". US President Donald Trump is trying to expel Palestinians to Libya or other countries. Trump imposed sanctions on the International Criminal Court (ICC), and, like Joe Biden, he is selling Israel billions of dollars of weapons. Ben Norton reports. VIDEO: https://www.youtube.com/watch?v=QzG98YklawA Why the US supports Israel, explained: https://geopoliticaleconomy.com/2023/11/12/why-us-support-israel-geopolitics-michael-hudson/ Topics 0:00 USA backs Israel's crimes 0:56 Netanyahu: Israel will control all of Gaza 1:34 Trump gave Israel green light 2:17 Trump wants to expel Palestinians to Libya 3:47 Israel's goal: total colonization 4:38 Mass hunger in Gaza 5:41 Israeli minister: "We're destroying Gaza" 6:50 Netanyahu's "aid" PR 8:10 Israel's strategy: Use hunger as a weapon 10:27 Bezalel Smotrich 11:19 "Voluntary" migration 11:59 "Total annihilation" of Gaza 12:52 Starvation 13:39 Israel vows to annex West Bank 15:02 Trump sanctions ICC 15:56 Biden admin threatened ICC 16:22 USA attacks ICC 17:51 Microsoft aids Israel 18:23 Impact of sanctions 18:52 Is Trump really "frustrated"? 19:52 (CLIP) Trump is Israel's "best friend" 20:07 Trump wants to colonize Gaza 20:44 (CLIP) Trump: US will take over Gaza 20:59 Trump gives Israel weapons 22:49 Netanyahu thanks "greatest friend" Trump 23:05 (CLIP) Netanyahu praises Trump 23:12 Biden's support for Israel 23:46 Obama's support for Israel 24:26 Israel can't wage war without USA 25:02 Israel is US unsinkable aircraft carrier 25:36 Netanyahu is American 26:15 Israel is an outpost of US empire 26:39 (CLIP) Biden: US would create Israel 27:05 Geopolitics of Israel 27:22 Outro…
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Geopolitical Economy Report
1 What caused US deindustrialization, and can Trump fix it? Economists explain 1:02:29
1:02:29 나중에 재생 나중에 재생 리스트 좋아요 좋아요1:02:29
나중에 재생 나중에 재생 리스트 좋아요 좋아요What caused the deindustrialization of the US economy? Can Donald Trump really reindustrialize the USA with tariffs? Economists Radhika Desai and Michael Hudson discuss. VIDEO with charts: https://www.youtube.com/watch?v=vpNql8U6WvE This is part of the program Geopolitical Economy Hour. You can watch other episodes of the show here: https://youtube.com/playlist?list=PLDAi0NdlN8hMl9DkPLikDDGccibhYHnDP…
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Geopolitical Economy Report
1 Trump's attempt to divide Russia & China is failing, badly 43:08
43:08 나중에 재생 나중에 재생 리스트 좋아요 좋아요43:08
나중에 재생 나중에 재생 리스트 좋아요 좋아요Donald Trump claimed he would "un-unite" Russia and China, but the US divide-and-conquer strategy is failing. In a meeting in Moscow celebrating the 80th anniversary of their nations' victory in World War Two, Presidents Xi Jinping and Vladimir Putin reaffirmed that "China-Russia relations have reached the highest level in history" and will "jointly resist any attempts to interfere with and disrupt the traditional friendship and deep mutual trust between China and Russia". Ben Norton explains. VIDEO: https://www.youtube.com/watch?v=NLJ6K_95uWk Topics 0:00 USA tries to contain China 0:49 (CLIP) Trump vows to divide Russia & China 1:05 Marco Rubio targets China 1:34 (CLIP) Marco Rubio on China "threat" 2:17 Trump admin's Russia strategy 2:33 (CLIP) Rubio wants to "partner" with Russia 2:41 China & Russia are "friends of steel" 3:43 80th anniversary of Victory Day 4:05 Soviet Union defeated Nazi Germany 5:23 China's sacrifice in World War II 6:21 Vietnam resisted Japanese empire 6:50 Putin reaffirms "highest level" China ties 10:23 China-Russia trade 11:52 USA can't offer Russia much 12:36 NATO expansion 13:34 Xi compares US imperialism to fascism 14:38 China-Russia relations 15:16 Xi Jinping on Russia ties 16:46 Shanghai Cooperation Organization (SCO) 17:42 Reverse Nixon? 19:08 China's economy 20:31 Kissinger plan to divide Russia & China 23:05 Obama-Clinton "Russian reset" attempt 26:00 China-Russia joint statement 27:29 World Anti-Fascist War 29:09 Closest China-Russia relations in history 31:17 Multipolarity 34:07 BRICS 35:08 Russia joins the Global Majority 36:17 Brazil 36:49 Venezuela 37:27 Cuba 38:18 Burkina Faso leader Ibrahim Traoré 39:08 Palestine 40:14 Vietnam 41:40 US hegemony is declining 42:55 Outro…
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Geopolitical Economy Report
Donald Trump's tariff threats, trade war, and other aggressive policies are uniting the world against the United States. Meanwhile, China is deepening its cooperation with Europe, Southeast Asia, Russia, and even South Korea and Japan. Ben Norton explains. VIDEO: https://www.youtube.com/watch?v=G4soTzm9uMQ Trump's tariffs turbocharge de-dollarization: https://geopoliticaleconomy.com/2025/05/05/trump-tariffs-dedollarization-sell-us-dollar/ Topics 0:00 Trump's contradictory policies 0:15 (CLIP) Trump vows to be "peacemaker" 0:45 (CLIP) Trump promises imperial expansion 1:23 Massive US war budget 1:44 (CLIP) Trump's $1 trillion military budget 2:04 Ukraine peace talks failed 2:18 Trump bombs Yemen, threatens Iran 2:36 Trump backs Israel's crimes 3:13 Neocon hawk Marco Rubio 4:09 Crusader Pete Hegseth 4:53 Trade war 5:31 China talks 6:20 Dedollarization 7:00 Trump isolates USA 7:29 (CLIP) Trump: USA will be "strongest" 7:50 Blowback 8:25 Poll: Trump is very unpopular 10:01 Fox News poll: Trump is unpopular 10:56 Global anger at US aggression 11:58 US "encirclement" plan for China 13:49 China, Japan, S Korea, ASEAN cooperate 14:53 China, Japan South Korea coordinate 16:15 Japan pushes back against Trump 17:40 China & Vietnam deepen relations 18:28 ASEAN prefers China 19:38 ASEAN's trade with China 20:04 China diversifies its trade 21:50 China-Russia partnership 22:21 (CLIP) Trump: Divide Russia & China 22:37 Xi Jinping's trip to Russia 23:53 China & Russia commemorate WWII 25:13 Europe & China improve relations 27:11 Trump unites the rest of the world 27:43 Poll: China more popular than USA 29:48 US imperial decline 30:09 China: world's no 1 trading partner 30:28 China: world's no 1 economy 30:51 China: world's no 1 manufacturer 31:36 USA: world's no 1 oil producer 32:24 Canada's election 34:12 Australia's election 35:25 The Trump effect 36:14 Outro…
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Geopolitical Economy Report
1 Trump's tariffs turbocharge de-dollarization: World sells US dollar assets, seeking alternatives 35:06
35:06 나중에 재생 나중에 재생 리스트 좋아요 좋아요35:06
나중에 재생 나중에 재생 리스트 좋아요 좋아요Donald Trump said he wanted to save the dominance of the US dollar as the global reserve currency, but his aggressive tariff threats and trade war are accelerating dedollarization. Countries and foreign investors are selling US stocks and bonds (Treasury securities, ie, US government debt), seeking alternative reserve assets. Ben Norton explains. VIDEO: https://www.youtube.com/watch?v=VnWnyL3WGjg Topics 0:00 Donald Trump's plan 0:24 (CLIP) Trump on dedollarization 0:51 (CLIP) Trump on dollar dominance 1:23 Dedollarization 2:00 BRICS 2:48 Financial markets are de-dollarizing 4:11 Blowback 5:06 Trump's "Liberation Day" tariffs 5:25 Trade war on China 5:49 US "grand encirclement" plan 6:35 China & Vietnam deepen ties 7:11 China, South Korea, Japan cooperate 7:56 Japan pushes back against USA 9:16 US bond market problems 10:43 Foreign holders of US Treasuries 11:13 China's US Treasury holdings 12:17 China is de-dollarizing 12:46 US asset seizures 14:03 China's dedollarization 15:17 Mar-a-Lago Accord means default 16:58 China de-dollarizes its reserves 19:00 Central banks buy gold 20:53 Gold price skyrockets 22:05 USD falls against yen & euro 23:21 Japanese & European bonds 24:35 Exchange rate risk 25:22 Japanese investors sell US assets 27:26 Dedollarization accelerates 28:37 Multipolar currency world 29:46 US current account deficit 30:40 Foreign holdings of US Treasuries 31:57 Scott Bessent fails to lower yields 32:30 Interest payments on US debt 33:20 Federal Reserve chair Jerome Powell 33:58 Dedollarization will continue 34:52 Outro…
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Geopolitical Economy Report
1 Canada's new elite banker PM is not a real alternative to Trump 53:21
53:21 나중에 재생 나중에 재생 리스트 좋아요 좋아요53:21
나중에 재생 나중에 재생 리스트 좋아요 좋아요Canada's new Liberal Prime Minister Mark Carney is a center-right banker, not a real alternative to Donald Trump's right-wing agenda. They both serve the interests of rich elites and large corporations. Political economist Radhika Desai analyzes Canada's 2025 election results with journalist and lawyer Dimitri Lascaris. VIDEO: https://www.youtube.com/watch?v=HH9PzE1Agt0 You can follow Dimitri Lascaris' independent media outlet Reason2Resist here: https://www.youtube.com/@reason2resist This is part of the program Geopolitical Economy Hour. You can watch other episodes of the show here: https://youtube.com/playlist?list=PLDAi0NdlN8hMl9DkPLikDDGccibhYHnDP…
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Geopolitical Economy Report
1 Is war on China coming? The US military is seriously preparing 45:28
45:28 나중에 재생 나중에 재생 리스트 좋아요 좋아요45:28
나중에 재생 나중에 재생 리스트 좋아요 좋아요The US military is preparing for war on China, and has missile systems in the Philippines aimed at major Chinese cities. Defense Secretary Pete Hegseth says the USA is making "Japan into a war-fighting headquarters". Ben Norton discusses the extremely aggressive policies of Trump, Biden, and beyond. VIDEO: https://www.youtube.com/watch?v=E4f43dPOWgo Trump's nuclear trade war targets China - but will blow back on USA: https://www.youtube.com/watch?v=u9k7132Iyeo US Defense Secretary Hegseth wants to overthrow China’s government, in ‘crusade’ against left (and Islam): https://geopoliticaleconomy.com/2025/03/07/us-defense-secretary-hegseth-overthrow-china-crusade/ Topics 0:00 USA prepares for war on China 0:54 US missile systems in Philippines 2:01 Cuban missile crisis 2:59 Bipartisan warmongering 3:47 Economic war 4:51 Trump boosts military budget 5:05 (CLIP) Trump: $1 trillion military budget 5:36 Deficit, DOGE, & Elon Musk 6:24 Pete Hegseth: an imperial "crusader" 7:04 (CLIP) Hegseth promises "lethality" 7:18 Hegseth's "American crusade" 8:16 Pentagon memo on war with China 9:01 Heritage Foundation 9:46 Pentagon memo on war with China 11:57 Trump's goal with Ukraine 12:27 (CLIP) Trump: divide Russia & China 12:42 Pentagon dubs China top "threat" 14:37 China's challenge to US hegemony 16:40 Taiwan as US imperial outpost 18:25 US troops & weapons in Taiwan 18:53 US-China three communiqués 20:47 USA backs Taiwan separatism 21:16 (CLIP) Marco Rubio on Taiwan 21:49 Taiwanese authoritarianism 22:56 Polls on Taiwan separatism 24:17 Taiwan's semiconductors 25:47 Hegseth's trip to Japan 27:16 USA promises peace through war 28:03 Trump admin's top 3 military goals 28:18 US aggression 30:31 Hegseth's trip to Philippines 31:26 (CLIP) USA has "real war plans" 32:12 Philippines as US imperial proxy 34:31 Silicon Valley prepares for war 35:11 Billionaire Palmer Luckey 38:54 Pentagon contractor Anduril 39:35 CIA-backed Palantir 40:02 Oligarch Peter Thiel 40:57 Venture capital & military-industrial complex 42:35 USA is an oligarchy 43:45 US war on China 45:02 Outro…
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Geopolitical Economy Report
Will US President Donald Trump be the tipping point for the dollar system? Even Western financial outlets now warn of the beginning of the end of dollar dominance. To discuss, host Radhika Desai is joined by economist Michael Hudson and economic geographer Mick Dunford. VIDEO: https://www.youtube.com/watch?v=bGZXDzmL10k This is part of the program Geopolitical Economy Hour. You can watch other episodes of the show here: https://youtube.com/playlist?list=PLDAi0NdlN8hMl9DkPLikDDGccibhYHnDP…
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Geopolitical Economy Report
1 Trump's tariffs hurt the US much more than China - Economist Michael Hudson explains 58:49
58:49 나중에 재생 나중에 재생 리스트 좋아요 좋아요58:49
나중에 재생 나중에 재생 리스트 좋아요 좋아요Donald Trump's tariffs are benefiting rich elites at the expense of the majority of the population, argues economist Michael Hudson. He explains how the US trade war on China is isolating the United States and encouraging countries to seek alternatives. Ben Norton hosts the interview. VIDEO: https://www.youtube.com/watch?v=jGsLDQQuzU0 Read Michael Hudson's report "Return of the robber barons – Trump’s distorted view of US tariff history": https://geopoliticaleconomy.com/2025/04/14/michael-hudson-robber-barons-trump-tariffs/ Topics 0:00 Intro 1:11 Michael Hudson highlights 2:09 Interview starts 2:41 Replacing income tax with tariffs 5:40 Government industrial policy 9:22 Reaganomics 2.0 11:29 Gilded Age 14:54 China's model 17:50 (CLIP) JD Vance calls Chinese "peasants" 18:12 Public finance 22:57 Trade war on China 25:12 (CLIP) Trump demands tribute 25:42 US attempt to isolate China 26:30 USA doesn't have many cards 28:55 Import substitution 30:16 Trump is isolating the US 34:58 US dollar system in crisis 38:03 Reindustrialization 40:06 Trump's bullying strategy 43:26 Destroying the post-WWII system 49:06 Global South vs the West 50:58 Democracy or oligarchy? 56:05 Billionaire oligarchs 56:56 Corruption 58:25 Outro…
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Geopolitical Economy Report
1 Trump's trade war immediately failed: China is much stronger than USA thinks 32:40
32:40 나중에 재생 나중에 재생 리스트 좋아요 좋아요32:40
나중에 재생 나중에 재생 리스트 좋아요 좋아요After Donald Trump imposed 145% tariffs on China, he was forced to issue exemptions for Chinese made cellphones, computers, semiconductors, and other electronics, because the deindustrialized US can't make them. Trump's huge trade war immediately failed, demonstrating that China is much stronger economically than the USA thinks. Ben Norton explains. VIDEO: https://www.youtube.com/watch?v=w6t1oQ5G668 Topics 0:00 Trump's trade war 0:45 Exemptions for Chinese electronics 1:56 China's trade with USA 2:27 Myth of US reindustrialization 3:26 Goals of tariffs 4:40 Lack of industrial policy 5:49 Trump's tariff exceptions 9:14 Trump begs Xi Jinping to call him 9:56 (CLIP) Howard Lutnick on China 10:12 China and Vietnam boost ties 11:28 China's economic strength 13:51 Airliners 16:05 Semiconductors 19:15 AI 20:47 China's technological development 22:43 Backfiring on US economy 23:43 Luxury goods 25:09 China's exports 27:13 China holds more cards than USA 29:22 US Treasury securities (bonds) 30:35 US unipolarity is over 31:20 Multipolarity 32:24 Outro…
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Geopolitical Economy Report
1 Trump's nuclear trade war targets China - but will blow back on USA 33:50
33:50 나중에 재생 나중에 재생 리스트 좋아요 좋아요33:50
나중에 재생 나중에 재생 리스트 좋아요 좋아요Donald Trump's trade war went nuclear, hitting China with 145% tariffs, aimed at economic decoupling. This is already backfiring on the US economy, which is heavily reliant on Chinese imports. The volatility also fueled a crisis in the bond market, with Treasury yields rising. Ben Norton explains. VIDEO: https://www.youtube.com/watch?v=u9k7132Iyeo Trump advisor reveals tariff strategy - Force countries to pay tribute to maintain US empire: https://www.youtube.com/watch?v=VnajhDMAWVA Topics 0:00 Economic war 0:51 Tariffs of 145% on China 1:56 China defends itself 2:41 Decoupling 3:49 (CLIP) Howard Lutnick attacks China 4:14 Scott Bessent on China 4:48 US trade with China 7:05 USA will lose trade war 8:02 China's manufacturing dominance 9:47 China's trade 10:33 High risk 11:35 Trump's arrogance 12:06 (CLIP) Trump: countries are "kissing my ass" 12:18 Mafia behavior 13:02 US empire demands tribute 13:35 (CLIP) Stephen Miran: US demands tribute 13:59 Threatening the world 15:55 China stands up 16:34 Trump admin's China hawks 17:47 (CLIP) Marco Rubio on new cold war 18:30 Biden admin targeted China too 20:01 US bond market shock 21:39 Treasury note yields 25:01 Interest payments on US national debt 26:05 Hedge fund margin calls 28:35 Trump's billionaires 28:53 Elon Musk 29:42 Bill Ackman 29:59 Jamie Dimon 30:35 Market manipulation? 32:21 Trump meme coins 32:58 Outro…
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Geopolitical Economy Report
1 Tariffs are part of Trump's big plan to save US dollar dominance. Will it work? 58:51
58:51 나중에 재생 나중에 재생 리스트 좋아요 좋아요58:51
나중에 재생 나중에 재생 리스트 좋아요 좋아요US President Donald Trump wants to use tariffs as part of a plan to save the dominance of the dollar as the global reserve currency. His top economic advisor Stephen Miran outlined the Trump administration's strategy to force other countries to pay the USA to maintain its imperial financial and military order. Ben Norton explains the idea behind the hypothetical "Mar-a-Lago Accord". VIDEO: https://www.youtube.com/watch?v=VnajhDMAWVA Topics 0:00 Trump's top economic advisor 0:42 Trump wants to save dollar hegemony 1:04 (CLIP) Trump on US dollar 1:21 Dedollarization 2:01 BRICS 2:46 (CLIP) Trump threatens BRICS 3:15 Tariffs 3:50 Bretton Woods system 4:38 Keynes' Bancor proposal 5:07 US exorbitant privilege 5:39 Nixon shock, gold standard, petrodollar 6:43 Financialization 7:35 Billionaires 8:01 Deindustrialization 8:10 Current account deficit 8:33 Trump advisor Stephen Miran 9:17 Overvaluation of US dollar 10:30 Stephen Miran's plan 11:16 Mar-a-Lago Accord 12:59 Economic nuclear war 14:07 Trump admin's goals 15:20 Paying for US empire 17:30 Trump admin's 5 demands 20:25 (CLIP) Sharing costs of US empire 21:13 China 21:32 (CLIP) Decoupling from China 21:55 Hudson Institute 23:58 US financial crisis of 2008 25:42 Manufacturing 26:02 Trump hits China with 104% tariffs 27:23 Economic game of chicken 27:50 Can USA win trade war? 30:04 (CLIP) Miran: US has leverage over China 30:59 China vows "to fight to the end" 32:00 US economic dependence on China 33:00 Chinese exports 34:01 China's top export destinations 34:36 ASEAN is China's top trading partner 35:16 Indonesia 36:08 China is world's top trading partner 36:54 China's trade with Russia 38:34 Can USA reindustrialize? 38:52 (CLIP) "We can make stuff at home" 39:09 Reindustrialization is very difficult 41:40 Trade war will hurt Americans 42:17 Moving taxes from rich to poor 43:15 Do other countries pay US tariffs? 43:34 Dollar falls 44:38 Yield on US Treasury securities 46:10 Mortgage rate spread 46:42 Credit card interest rate 47:14 Interest payments on US national debt 48:37 Backlash on US economy 49:51 Danger of blowback 50:31 Plaza Accord revisited 51:16 Changes in global economy 52:50 China learned from Japan crisis 54:33 Imperial hubris 55:12 Vietnam in a multipolar world 58:07 Outro…
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