Geopolitical Economy Report

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Debt ceiling hypocrisy: US boosts military budget while restricting food stamps for poor
US politicians from both parties agree: the deficit doesn't matter. In the bipartisan deal to raise the debt ceiling, Biden and GOP boost military…
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Ben Norton
6
May 2023
China builds global alternative as US-led financial order decays
An analysis of how China is building a global economic alternative, while the US-led neoliberal financial order decays.
1
Origins of debt: Michael Hudson reveals how financial oligarchies in Greece & Rome shaped our world
Economist Michael Hudson discusses the origin of Western debt-based societies and the research in his book "The Collapse of Antiquity: Greece and Rome…
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Ben Norton
3
US post-9/11 wars caused 4.5 million deaths, displaced 38-60 million people, study shows
Wars the US waged in Iraq, Afghanistan, Syria, Yemen, and Pakistan following September 11, 2001 caused4.5 million deaths and displaced 38 to 60 million…
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Ben Norton
2
Ukraine's neoliberalism on steroids, Europe’s economic suicide
Political economists Radhika Desai, Michael Hudson, and Mick Dunford analyze the Ukraine conflict, discussing the neoliberal reforms imposed by the…
5
Criminals welcome as US recruits foreign proxies to wage 'irregular war' on adversaries
The US military trains and arms foreign fighters as "proxies" to wage "irregular warfare" against adversaries, and the Pentagon does not vet them to see…
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Ben Norton
8
NY Times is wrong on dedollarization: Economist Michael Hudson debunks Paul Krugman's dollar defense
Economist Michael Hudson responds to the misleading arguments against de-dollarization that New York Times columnist Paul Krugman made in his attempt to…
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Ben Norton
1
Mexico's AMLO sent Biden letter blasting US 'interventionism' and funding of opposition groups
Mexico's President AMLO sent Joe Biden a letter condemning US "interventionism", such as USAID funding of right-wing opposition groups that are trying…
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Ben Norton
5
4 US banks crash in 2 months: Banking crisis explained by economist Michael Hudson
Economist Michael Hudson discusses the collapse of four US banks in two months, giant JP Morgan Chase taking over First Republic Bank, and how…
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Ben Norton
US makes up c 40% of global military spending, 10x Russia, 3x China
The United States spent $877 billion on its military in 2022, nearly 40% of the global total, 10 times more than Russia ($86.4 billion), and three times…
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Ben Norton
17
Europe pays more for banned Russian oil, resold by India - as EU wages fall
The EU sanctioned Russia and boycotted its oil, yet is buying it indirectly from India, at a higher price. This is fueling de-dollarization and…
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Ben Norton
1
De-dollarization is about more than currencies: As dollar system declines, what comes next?
Economists Radhika Desai and Michael Hudson discuss de-dollarization, the global drive to drop the US dollar, and the transition away from financialized…
2
© 2023 Benjamin Norton
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