In this episode of MintCast, Ben Norton dives into the global shift away from the dollar, the petrodollar’s collapse, and America’s unwavering support for Israel.
The post BRICS, the Dollar, and the End of US Empire, with Ben Norton appeared first on MintPress News.
BEN NORTON: Hi, everyone. I’m Ben Norton, and this is the Geopolitical Economy Report. Today, I have the pleasure of being joined by Michael Hudson, the brilliant economist and author of many books. Michael is also the co-host of a program here, Geopolitical Economy Hour, that he does every two weeks with friend of the Continue Reading
The post The Hard Iron Financial Fist first appeared on Michael Hudson.A polling firm found that Peru’s coup-plotting, right-wing-controlled congress has 6% approval and 91% disapproval. Unelected leader Dina Boluarte has 15% approval and 78% disapproval. But they have the full support of the US, Canada, and foreign mining corporations.
The post Peru’s Coup-Plotting Congress Has 6% Approval, 91% Disapproval (But Full US Backing) appeared first on scheerpost.com.
Before it collapsed and its billionaire depositors were bailed out by the US government, Silicon Valley Bank successfully lobbied Congress to remove regulations on it. A senator admitted, “I understand why Americans are angry, even disgusted”.
The post US Bank Bailout Benefitted Billionaires, Exposing Corruption: ‘I Understand Why Americans Are Angry’ appeared first on scheerpost.com.
On the floor of Germany’s parliament, Left Party MP Sevim Dağdelen called for the c. 38,000 US soldiers in her country to leave, and to take their nuclear weapons with them. She lamented that Washington “doesn’t actually want allies, just loyal vassals”.
The post German Leftist Lawmaker Says US Soldiers and Nukes Must Leave Her Country appeared first on scheerpost.com.
Mexico’s leftist President AMLO condemned “hypocritical” Republicans who want the US military to invade, declaring “Mexico is an independent and free country, not a US colony or protectorate!” In a massive rally, López Obrador also celebrated the expropriation of oil and lithium, condemning exploitative foreign corporations.
The post ‘Mexico Is Not a US Colony!’: AMLO Condemns Invasion Threats, Celebrates Nationalization of Oil and Lithium appeared first on scheerpost.com.
Honduras’ leftist President Xiomara Castro announced her government will recognize China. Now only 12 UN member states have formal diplomatic relations with Taiwan separatists. They have a combined population of less than 39 million, or 0.49% of the planet.
The post Taiwan Separatists Lose Key Ally, Honduras Recognizes China—Just 12 Small Countries Remain appeared first on scheerpost.com.
Economist Michael Hudson analyzes the collapse of Silicon Valley Bank, Silvergate, and Signature Bank, explaining the similarities to the 2008 financial crash. In this discussion with Geopolitical Economy Report editor Ben Norton, Hudson also addresses the US government bailout (which it isn’t calling a bailout), the role of the Federal Reserve and Treasury, the factor Continue Reading
The post Bond Market Play Reveals Systemic Crisis first appeared on Michael Hudson.A study by the elite EU-funded European Council on Foreign Relations found the West is 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 multipolarity, not continued “American global supremacy”.
The post West Is Out of Touch With Rest of World Politically, EU-Funded Study Admits appeared first on scheerpost.com.
Illegal US and EU sanctions have blocked some humanitarian aid from going to Syria after a devastating earthquake killed thousands of people. UN experts have demanded an end to the “suffocating” sanctions, saying they “may amount to crimes against humanity”.
The post Illegal US Sanctions Blocking Aid to Syria, After Earthquake Killed Thousands appeared first on scheerpost.com.