Geopolitical Economy Report

• What is Socialism with Chinese Characteristics? This is how China's economic model works

  How does China's economic model work? Political economist Ben Norton explains the ideas behind Socialism with Chinese Characteristics, discussing China's socialist market economy, historical development, reform process, poverty reduction, industrial policy, and more. VIDEO with charts here: https://www.youtube.com/watch?v=6E89qUXTX-k Topics 0:00 Introduction 1:07 China has world's largest economy 3:01 China's economic development 3:54 Poverty reduction 6:56 Rising incomes 7:42 Life expectancy 8:57 Mortality rates 9:34 Reform and Opening Up 10:16 To get rich is glorious? 11:35 Deng Xiaoping's ideology 13:54 Primary stage of socialism 14:28 Chinese capitalists 15:54 Industrialization & urbanization 16:55 Birdcage economy (Chen Yun) 18:17 State ownership 19:40 State-owned enterprises (SOEs) 20:49 Grasp the large, let go of the small 22:22 Public property 23:16 SOE assets 24:14 Provincial & local governments 25:51 Golden shares in tech companies 26:54 Huawei, biggest worker-owned company 27:17 Rural cooperatives 29:09 Democracy in China? 31:40 Foreign investment in China 33:49 Global value chain 34:34 Foreign direct investment (FDI) 35:48 Industrial policy evolution 38:22 New quality productive forces 39:23 China's green energy revolution 40:24 World's manufacturing superpower 41:04 US deindustrialization & financialization 43:22 US bubble economy 44:37 China popped real estate bubble 46:50 Inequality & uneven development 48:31 Eras of the PRC 49:01 Common prosperity in New Era 49:34 Gini coefficient 50:26 Labor income vs capital income 51:48 Poverty alleviation 52:17 Wages of Chinese workers 52:44 Labor unions in China 55:19 USA funds anti-China labor groups 57:02 Marco Rubio takes over NED 57:32 Delivery workers 58:30 996 system is banned 59:23 Working hours in China 1:00:25 Imperialism & division of labor 1:03:51 AI & new cold war 1:04:45 Silicon Valley model: monopoly 1:05:43 Market competition in China 1:07:44 China opposes private monopolies 1:08:10 State planning 1:09:05 Cold War Two

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• This is the US empire's new strategy for global dominance

  The Donald Trump administration revealed the US empire's new plan for global dominance in the 2025 National Security Strategy. The goal is to impose hegemony in the Western Hemisphere, reviving the colonial Monroe Doctrine, to move supply chains out of Asia and bring manufacturing into Latin America via "nearshoring", in order to economically decouple from China and prepare for conflict in Cold War Two. Ben Norton analyzes the important document. VIDEO: https://www.youtube.com/watch?v=idkurWogst8 Topics 0:00 Summary of US National Security Strategy 2:45 US economic dependency on China 5:25 USA loses China war games 6:45 Why Trump targets Latin America 7:41 Marco Rubio, war hawk 9:34 (CLIP) Marco Rubio on China "threat" 10:17 Main goals of Trump's foreign policy 10:35 Improve Russia relations 11:30 Brief summary of US strategy 12:01 Western media misunderstands report 13:24 Whitewashing US imperialism 14:45 Obama's pivot to Asia 15:18 Asia is 1/2 of global economy 16:05 Hillary Clinton's "Russia reset" 16:34 Second Cold War aims at China 17:38 Main goals of US foreign policy 21:29 First target: Latin America 23:13 Second target: China 24:37 US dollar dominance 25:47 (CLIP) Trump threatens BRICS 26:16 Weaponizing technology 26:44 Natural resources in Americas 27:27 Hypocritical buzzwords 29:38 Culture war 32:00 Regions targeted by US empire 32:22 Colonial Monroe Doctrine 33:51 "Enlisting" US vassals 35:30 Nearshoring manufacturing 37:58 Militarizing Latin America 39:04 USA threatens countries 40:30 Natural resources 41:30 "US must be preeminent" 41:55 Cutting off Chinese technology 42:58 Goal: "an American-led world" 43:59 US government serves corporations 45:51 Strategy in "Indo-Pacific" region 46:21 Criticizing China's independence 47:17 Pacific: 21st century's "battleground" 47:52 Asia is half of world GDP (PPP) 49:08 Decline of Western hegemony 51:04 Supply chains 51:31 Economic war 52:21 India 55:12 Japan, South Korea, Australia 57:22 Dollar as global reserve currency 57:45 Taiwan 1:01:28 Europe 1:02:20 Russia 1:03:15 EU as captive US market 1:04:47 West Asia (Middle East) 1:05:18 Oil and natural gas 1:06:19 Israel 1:06:56 Africa 1:08:15 Conclusion 1:08:49 Outro

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• Trump frees one of world's worst drug traffickers - while meddling in foreign elections

  Donald Trump pardoned and freed from prison one of the world's worst drug dealers, the former dictator of Honduras, Juan Orlando Hernández (JOH), who was convicted of trafficking 400 tons of cocaine and machine guns into the US. Ben Norton explains how the United States has meddled in Honduran elections, backed fraud, and supported a military coup. VIDEO: https://www.youtube.com/watch?v=LtKShReciYQ Topics 0:00 Trump pardons notorious drug trafficker 2:16 US support for Juan Orlando Hernández (JOH) 2:59 Trump threatens war on Venezuela 5:45 Journalist addresses Trump's drug hypocrisy 7:04 (CLIP) Trump blames Biden for drug arrest 7:36 USA backed Honduran narco-regime 8:01 Coup in Honduras in 2009 9:04 Stolen elections of 2013 & 2017 10:33 Trump meddles in Honduras' 2025 election 14:13 Libre Party alleges fraud 14:59 Result transmission system changes votes 15:26 President Xiomara Castro warned of coup plot 17:03 No official winner declared in election 19:16 Very suspicious results 21:15 US-backed coups and fraud 21:54 US coups in Latin America 22:30 Honduras resists US imperialism 24:54 Outro

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• Palantir executives sell their shares as the stock crashes - but they smear critics as 'crazy'

  The most overvalued stock on Earth may be that of Palantir, the corporate Big Brother that is getting huge contracts from the Trump administration and helps the US government wage war and carry out mass surveillance. Executives have been selling billions of dollars worth of shares, yet CEO Alex Karp attacks short-sellers like "Big Short" investor Michael Burry, claiming they're "crazy" for thinking the company is in a bubble. Ben Norton explains. VIDEO: https://www.youtube.com/watch?v=j_OuoAFp54Y Topics 0:00 Financial bubbles 0:31 AI bubble 1:01 Palantir 1:35 Investors short Palantir stock 1:58 (CLIP) CEO Alex Karp attacks short sellers 2:10 Targeting retail investors 2:23 (CLIP) CEO Alex Karp is "triggered" 3:13 Palantir executives sell shares 4:58 Financialized US economy 5:27 Trump admin contracts with Palantir 5:57 Mass surveillance 6:28 Preparing for war on China, Russia, Iran 6:54 Most revenue is from governments 7:32 Palantir stock price 8:20 Insane price-to-earnings (P/E) ratio 10:28 Is the bubble popping? 10:45 Michael Burry: "Big Short" investor 11:14 US housing bubble & financial crisis 12:11 Michael Burry shorts Palantir 12:31 (CLIP) Alex Karp: short sellers are "crazy" 12:40 CEO Alex Karp's emotional rant 13:01 (CLIP) Attacks "wokeness" & Zohran Mamdani 13:27 "Anti-woke" CEO is "triggered" 13:45 (CLIP) Alex Karp: why do they pick on us? 14:12 Delusions of grandeur 14:26 (CLIP) "Most important software company" 15:03 War on the short sellers 15:22 (CLIP) Alex Karp: "make them poorer" 15:41 Palantir executives sell their shares 16:28 Alex Karp sold $96 million 16:40 Shyam Sankar sold $37 million 17:32 Stephen Cohen sold $66 million 17:59 David Glazer sold $4 million 18:18 Ryan Taylor sold $4 million 18:33 Palantir execs keep selling shares 19:17 Alex Karp sold $1.9 billion in shares 20:04 Telling retail to invest in Palantir 20:49 (CLIP) "Experts vs retail" 21:27 Cynical exploitation 22:28 Outro

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• AI bubble madness: Why Nvidia's market cap fell $600,000,000,000 in ONE DAY

  The US economy depends on an unsustainable stock market bubble driven by AI companies that are almost all losing money. Nvidia seems healthier, but serious red flags explain why its stock price is extremely volatile, and why its market capitalization dropped $600 billion in just one day. Ben Norton explains. VIDEO: https://www.youtube.com/watch?v=JAZqYQBwWNY Topics 0:00 AI bubble & Nvidia 2:40 Magnificent Seven (Mag7) Big Tech stocks 4:01 US GDP growth depends on AI capex 5:01 AI circular financing scheme 6:28 OpenAI is losing money, but owes $1.4 trillion 7:38 Nvidia profits rise in earnings report 9:27 US investor madness 12:04 China challenges Nvidia's chip monopoly 13:43 Crazy volatility in Nvidia stock 15:08 CEO Jensen Huang's private comments 17:11 $600 billion drop in one day 18:13 Four customers make up 61% of Nvidia revenue 20:25 IOUs: Nvidia's accounts receivable rises 21:43 GPU demand? Nvidia inventories surge 22:37 S&P 500 falls $2 trillion in 5 hours 24:12 US economy built on financial house of cards 26:13 Markets can remain irrational... 27:01 Dangers of a recession or depression 28:13 Outro

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