Huge bubbles in AI & US stock market grow, while real economy is in recession

The US economy depends more and more on enormous bubbles in the stock market and AI. The 10% of richest Americans drive half of all spending, while the real economy in many states is in recession. If the bubble pops, it could cause a severe crisis. Political economist Ben Norton explains. VIDEO: https://www.youtube.com/watch?v=rXCVrLPTUHQ Topics 0:00 Economy divided between rich & everyone else 1:36 Many US states already in recession 3:11 Biggest stock market bubble in history 5:31 90% of stocks owned by 10% richest Americans 7:23 Magnificent Seven (Mag7) Big Tech stocks 9:07 Ten Titans Big Tech stocks 9:58 AI bubble 11:46 (CLIP) Jeff Bezos: AI is in "good bubble" 13:26 95% of AI pilot programs fail 13:55 Investors keep buying overvalued stocks 15:12 Markets can remain irrational 15:26 Irrational exuberance 15:50 Dot-com bubble 16:28 US share of global stock markets 17:28 US vs Chinese tech company revenue 18:24 Tesla vs global automotive industry 20:49 Top 10 US stocks: 16% global market cap 21:07 Recession 22:23 Stagflation 23:04 AI capex contribution to US GDP growth 25:07 AI is eating the economy 26:01 AI drives up electricity bills 26:50 Trump shuts down renewable energy 27:42 AI adds more to GDP than shopping 28:49 US job growth collapses 32:13 Bifurcated economy 33:01 Outro

The United States is waging a war on Venezuela. Donald Trump authorized the CIA to carry out "lethal operations" to try to overthrow President Nicolás Maduro. Meanwhile, the US military has killed innocent people in boats in the Caribbean, including citizens of Colombia and Trinidad and Tobago. Ben Norton reports. VIDEO: https://www.youtube.com/watch?v=KAkNZCjstVI Check out our related videos: - Nobel Peace Prize winner supports Trump's war on Venezuela: https://www.youtube.com/watch?v=ks9uDtd7Msc - Trump-backed Venezuelan coup leader promises to give oil to US corporations: https://www.youtube.com/watch?v=_E7pHmYUCMk Topics 0:00 USA wages war on Venezuela 1:56 Trump authorizes CIA to attack Venezuela 3:49 Goal of US war: regime change 7:18 (CLIP) Trump on CIA ops in Venezuela 8:02 Nobel "Peace" Prize winner wants more war 9:22 (CLIP) Venezuelan coup leader María Corina Machado 10:30 Trump recycles Bush's "WMD" lies 11:29 Facts about drug trafficking 12:44 (CLIP) Debunking Trump's Venezuela drug lies 14:11 Coup leader wants to give Venezuelan oil to USA 15:19 (CLIP) María Corina Machado vows to privatize oil 16:13 US military kills Colombians 17:15 US military kills fishermen from Trinidad 18:48 (CLIP) Trinidad news broadcast on US strikes 19:33 Venezuela's UN ambassador condemns attacks 19:52 (CLIP) USA kills innocent people in Caribbean 20:20 In the US empire's Opposite Land, war is peace 21:08 Nobel "Peace" Prize winner requests US invasion 22:33 Outro

2025 Nobel Peace Prize winner María Corina Machado, a US government-funded far-right coup leader, vowed to privatize Venezuela's oil and give it to US corporations. "We are going to privatize all our industry", she told Donald Trump Jr. "American companies ... are going to make a lot of money", she promised. Ben Norton exposes the neocolonial US war on Venezuela. VIDEO: https://www.youtube.com/watch?v=_E7pHmYUCMk Check out our related video on how Machado supports US and Israeli wars: https://www.youtube.com/watch?v=ks9uDtd7Msc Topics 0:00 (CLIP) "We are going to privatize all our industry" 0:54 Nobel Peace Prize laureate María Corina Machado 1:41 (CLIP) María Corina Machado supports Israel 2:07 Nobel "Peace" Prize for warmonger 2:28 Venezuela's oil & US coup attempts 3:31 (CLIP) Machado vows to sell off Venezuelan oil 3:46 Machado: Far-right opposition leader 4:23 Machado wants US invasion 5:19 CIA-linked NED funds Machado 6:00 Machado interview with Donald Trump Jr. 6:53 (CLIP) Donald Trump Jr. & Machado 8:23 Venezuela's Pinochet + Margaret Thatcher 8:46 (CLIP) US companies will "make a lot of money" 9:05 Selling their countries to USA: vendepatrias 9:23 Machado's meeting with George W Bush 9:59 Trump's war on Venezuela 11:04 (CLIP) Regime change plans 11:24 Targeting US empire's adversaries 11:56 (CLIP) Machado's US first foreign policy 12:12 Donald Trump 12:25 (CLIP) Machado praises Donald Trump 12:45 Trump's coup attempts 14:06 (CLIP) "Biggest opportunity" for regime change 14:34 Marco Rubio: chief coup-plotter 15:06 Targeting Cuba & Nicaragua as well 15:57 (CLIP) US officials supporting Machado 17:03 Rubio lied about Cuban parents 17:54 Miami, Florida: coup capital 18:24 Elon Musk 19:15 (CLIP) Musk gave Starlink to Venezuelan opposition 19:33 Starlink: tool of US imperialism 20:08 Bitcoin & Trump's corrupt crypto schemes 21:39 BlackRock: world's biggest Bitcoin holder 23:11 (CLIP) Machado loves Bitcoin 23:40 Machado: US coup puppet 23:57 Outro

The Nobel Peace Prize was awarded to María Corina Machado, a far-right Venezuelan coup-plotter who has long been funded by the US government. She strongly supports Israel as it commits genocide against the Palestinian people, and she is at the center of Donald Trump's war on Venezuela, pushing for regime change against President Nicolás Maduro. Ben Norton exposes the ugly truth. VIDEO: https://www.youtube.com/watch?v=ks9uDtd7Msc Topics 0:00 María Corina Machado: US-funded coup-plotter 0:45 Nobel "Peace" Prizes for US war criminals 1:44 Machado supports genocidal Israeli regime 2:38 Venezuela supports Palestine 3:04 Machado requested Israeli military intervention 3:46 UN experts: Israel is committing genocide 4:24 Trump's war on Venezuela 6:26 Machado wants to privatize Venezuela's oil 7:32 Trump's 2019 coup attempt in Venezuela 8:12 (CLIP) Trump wants Venezuela's oil 8:24 Trump backs Venezuelan opposition 9:09 (CLIP) Machado called & thanked Trump 9:34 US-backed coup attempt in 2002 10:16 Obama declared Venezuela a "threat" 10:49 US sanctions on Venezuela 11:43 Machado called for foreign intervention 12:06 (CLIP) Machado requests "international force" 12:38 Norwegian politician criticizes Nobel committee 14:14 Machado lobbies for more sanctions 15:04 Sanctions kill many Venezuelans 16:08 Sanctions cause millions of deaths 17:31 Marco Rubio lobbied Nobel committee 19:00 Machado met with George W Bush 20:10 US government funded Machado 21:52 National Endowment for Democracy (NED) 22:56 NED congratulates Machado 24:59 Nobel laureate Obama: war criminal 26:53 Nobel laureate Kissinger: war criminal 28:02 Nobel laureate Dalai Lama: CIA asset 29:29 Nobel "Peace" Prize for war 30:13 Outro

Leaders from dozens of countries condemned the USA and Israel in their speeches at the UN General Assembly, demanding international intervention to save Gaza. Diplomats staged a mass walkout to protest Netanyahu's speech. Ben Norton shows how Latin American governments are standing in solidarity with Palestine, and resisting US imperialism. VIDEO: https://www.youtube.com/watch?v=mik74Pri9bY Topics 0:00 Countries condemn US & Israel 0:45 (CLIPS) World leaders support Gaza 1:54 UN diplomats protest Netanyahu in walkout 3:33 USA abuses veto at UN 4:49 Perspectives of non-Western countries 6:13 Latin America resists US imperialism 6:59 (CLIP) Cuba supports Palestine 8:03 USA vetos UN Gaza resolutions 9:02 (CLIP) Brazil's Lula on Gaza 9:30 Colombia demands action on Gaza 10:43 (CLIP) Colombian President Gustavo Petro 13:38 Nicaragua's Sandinista government 14:00 (CLIP) Nicaragua supports Palestine 14:33 (CLIP) Venezuela supports Palestine 14:58 US fascism 15:20 (CLIP) Petro: USA is new Nazi Germany 16:01 US revokes Petro's visa 17:02 Venezuela compares US to Nazi Germany 17:48 (CLIP) Venezuela warns of new Nazis 18:32 Western colonialism 18:56 (CLIP) Nicaragua: West looted our wealth 19:42 Decline of US unipolar order 20:09 (CLIP) Cuba on US imperialism 20:49 Wall Street debt traps 21:18 (CLIP) Debt as neocolonialism 21:31 Debt for climate swaps 22:38 (CLIP) Gustavo Petro on climate debt 23:17 Trump denies climate science 23:47 (CLIP) US politicians "don't believe in science" 24:00 Trump's attacks on Venezuela 24:40 (CLIP) History of US war on Venezuela 26:22 (CLIP) USA wants Venezuela's oil 26:45 Trump's WMD lies about Venezuela 27:54 (CLIP) Venezuela condemns US wars 28:43 Illegal US attacks on Venezuela 29:06 (CLIP) Cuba on threat of US war 30:07 (CLIP) Colonial Monroe Doctrine 30:40 (CLIP) Nicaragua denounces neocolonialism 31:56 Need for UN reform 33:22 (CLIP) UN members "no longer have power" 33:37 USA fuels war 34:02 (CLIP) Honduras on need for global reform 35:58 UN's colonial structure 36:40 (CLIP) Need for new international order 38:19 Multipolarity vs US unipolarity 40:38 (CLIP) Cuba's vision for a new world 41:17 (CLIP) Venezuela's vision for a new world 41:47 Voices silenced by Western media 42:25 Outro

US Secretary of War Pete Hegseth gathered top generals and encouraged the military to commit war crimes and ignore international law. Donald Trump ordered the Department of War to use US cities as "training grounds" to fight the "enemy within". Ben Norton reports on the increasingly authoritarian US empire. VIDEO: https://www.youtube.com/watch?v=kPKiKWkVqdE Topics 0:00 (CLIP) Pete Hegseth message to US military 0:54 US Department of War takes mask off empire 1:31 US empire's wars come home 2:25 (CLIP) Trump threatens "enemy within" USA 3:00 Special event in Quantico, Virginia 3:21 (CLIP) "Era of Department of Defense is over" 4:07 (CLIP) "Strongest, most lethal military on planet" 4:21 War is peace 4:46 (CLIP) "Peace through strength" 5:31 Trump admin attacks "wokeness" & DEI 6:21 Missing the forest for the trees 7:06 (CLIP) Hegseth encourages war crimes 8:09 USA attacks international law 8:51 Pete Hegseth: Fox News pundit 10:25 (CLIP) Hegseth wants to "rewrite rules of war" 11:36 Hegseth's "American Crusade" 12:48 War with China 13:23 (CLIP) "We are preparing for war" 13:45 (CLIP) Targets: western hemisphere & China 14:07 Donald Trump's speech 14:30 US war on Venezuela 14:50 (CLIP) Trump threatens Venezuela 15:17 Colonial Monroe Doctrine 16:26 US seeks regime change in Venezuela 18:12 (CLIP) Trump wants Venezuela's oil 18:39 (CLIP) $1 trillion US military budget 19:09 (CLIP) Nobel Peace Prize for war 20:29 (CLIP) Trump boasts of NATO arms sales 22:11 US empire's wars 22:54 (CLIP) Department of Defense was "woke" 23:26 Conservative identity politics 23:41 USA: a country of war 24:21 Trump targets "enemy within" 25:17 (CLIP) "America is under invasion from within" 27:20 US authoritarian regime 28:01 (CLIP) US, British, & Roman empires 28:32 Outro

The US and China are the world's two most powerful countries, but they have very different visions for the global order. Compare the speeches delivered at the UN General Assembly by Donald Trump and Chinese Premier Li Qiang. The United States wants a unipolar system based on unilateralism, aggression, and hegemony, whereas China wants a multipolar system based on multilateralism, peaceful development, and sovereign equality, centered in the United Nations. Ben Norton explains. VIDEO: https://www.youtube.com/watch?v=OzCf8XlrKKU Topics 0:00 (CLIP) Highlights of Trump's speech 0:59 Rise of China 2:25 US empire in decline 3:02 Contrasting visions of world order 5:11 Unilateralism vs multilateralism 7:16 (CLIP) China's Premier Li Qiang 8:07 Geopolitical adult in the room 9:20 China opposes new cold war 10:08 (CLIP) Dangers of war 11:07 Compare Li Qiang to Trump 11:36 (CLIP) Trump: "we're the hottest country" 12:24 Fact-checking Trump on US economy 14:07 (CLIP) Trump on stock market 14:34 Inflation 15:35 Electricity prices 16:18 Job growth 16:54 Trump's approval rating 17:55 Trump claims to end 7 wars 18:48 (CLIP) Trump condemns UN 19:54 US sabotages UN, abusing veto 21:50 China upholds international law 22:26 (CLIP) China defends UN & Global South 23:19 Reform of international organizations 23:50 (CLIP) Global Governance Initiative 24:26 80th anniversary 25:30 (CLIP) China on World Anti-Fascist War 26:19 Trump wages war 26:55 (CLIP) Trump wants Nobel Peace Prize 27:14 Trump boasts of attacking Iran 27:40 (CLIP) Trump's war on Iran 28:25 Trump boasts of attacking Venezuela 28:55 (CLIP) Trump's war on Venezuela 29:37 Expanding NATO military spending 29:54 (CLIP) Trump on NATO 30:11 Immigration 31:05 Dementia 31:25 (CLIP) Trump attacks immigrants 32:31 China defends diversity 33:21 (CLIP) China on civilizational respect 33:42 Climate change 34:42 (CLIP) Trump lies about climate change 35:29 China's wind & solar power 36:28 China values science 37:52 (CLIP) China on climate change 38:10 Technology for development 38:31 (CLIP) China on technology 39:03 The future vs the past 39:42 Trump serves fossil fuel corporations 40:27 (CLIP) US as #1 oil & gas producer 41:20 China's vision vs USA's vision 42:37 The emperor has no clothes 43:38 Outro

Donald Trump wants to use tariffs to force countries to buy more US oil and natural gas. Instead, China and Russia signed a deal to build the massive Power of Siberia 2 pipeline, which could transform the global energy market. Russia is integrating with Asia, while Europe faces a crisis that is devastating its manufacturing sector. Political economist Ben Norton explains. VIDEO: https://www.youtube.com/watch?v=n6wtK8Hrpl4 Topics 0:00 Close China-Russia relations 1:28 Power of Siberia 2 pipeline 3:23 Dedollarization 4:04 Europe boycotts Russian energy 5:28 Nord Stream pipeline sabotage 6:28 (CLIP) Trump on Nord Stream & US energy 7:06 Crisis in Europe 9:14 Russia integrates with Asia 10:13 Russia tried to join the West 11:03 NATO expansion 11:47 Ukraine coup & war 13:26 Russia's trade with China 14:16 De-dollarization 14:43 Trump's tariffs 17:01 Why Trump hit India with tariffs 18:22 (CLIP) Trump on US oil & gas 18:34 USA: #1 producer of oil & gas 19:17 Weaponizing energy 19:46 China's natural gas imports 22:11 China & Russia: long-term partnership 23:22 Colonial Monroe Doctrine & oil 25:02 China's oil imports 25:41 Trade chokepoints 27:04 Europe becomes US vassal 28:17 (CLIP) Trump boasts of imposing EU deal 28:55 EU imports of oil & gas 30:38 Deindustrialization of Europe 31:16 EU prosperity depended on China & Russia 31:50 (CLIP) Ex EU foreign policy chief Josep Borrell 32:35 Germany's "existential" industrial crisis 34:15 China's car manufacturers & electric vehicles (EVs) 36:44 Europe loses out as Asian Century advances 37:40 Outro

The US government has, six times now, unilaterally vetoed resolutions in the UN Security Council that called for peace and a ceasefire in Gaza. Meanwhile, a United Nations commission stated conclusively that Israel is committing genocide against the Palestinian people, with the full support of the United States, under both Donald Trump and Joe Biden. Ben Norton reports. VIDEO: https://www.youtube.com/watch?v=thjVQp9wafs Topics 0:00 US vetoes 6 UN Gaza resolutions 1:24 China calls for peace 2:04 Israel creates famine in Gaza 3:29 UN commission report on Israeli genocide 4:15 Legal definition of genocide 6:06 UN inquiry on genocide in Gaza 7:37 USA sells weapons to Israel 9:06 Genocide experts' opinion 9:50 ICC arrest warrant for Netanyahu 10:43 ICJ case against Israel 11:36 Trump's plan to take over Gaza 13:26 US & Israel want "real estate bonanza" 14:11 Colonialism 15:28 Trump withdraws US from UN bodies 18:46 US imperialism vs the world 21:12 Outro

Why has Donald Trump consistently attacked the Federal Reserve and its chair Jerome Powell? And was the US central bank ever truly "independent"? Geopolitical economist Radhika Desai discusses with economist Michael Hudson. VIDEO: https://www.youtube.com/watch?v=6Fcwg6eFGu4 This is part of the program Geopolitical Economy Hour. You can watch other episodes of the show here: https://youtube.com/playlist?list=PLDAi0NdlN8hMl9DkPLikDDGccibhYHnDP Radhika's website: https://RadhikaDesai.com Michael's website: https://Michael-Hudson.com