Geopolitical Economy Report

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

Donald Trump vowed to "take over" and "own" Gaza. The US government plans to divide the Palestinian territory into a "green zone" run by Western allies, while trapping Gazans in a "red zone", which won't be rebuilt. The USA hopes investors will make hundreds of billions of dollars. Ben Norton reports on the colonial scheme. VIDEO: https://www.youtube.com/watch?v=aW3wX4bVoU4 Topics 0:00 Colonial US-Israeli plan for Gaza 1:29 Israel's fake Gaza "ceasefire" 4:27 Trump vows to "take over" Gaza 4:49 (CLIP) Trump: USA will "own" Gaza 5:04 Plan to divide Gaza 6:00 Map of Gaza divisions 6:50 European troops will occupy Gaza 8:04 "Green Zone" in Iraq War 9:38 Leaked blueprint for Gaza 10:38 Benjamin Netanyahu 11:34 Colonial plan for Gaza 12:32 IMEC: India-Middle East-Europe Corridor 13:07 China's Belt and Road Initiative (BRI) 14:21 Gaza plan 14:54 "Investment" in Gaza 16:05 Colonialism 16:29 Geopolitical strategy 17:33 US vision of West Asia (Middle East) 18:18 Trump Gaza Riviera & Elon Musk zone 19:02 Corporations exploit low-paid Palestinian workers 19:57 Gaza's offshore natural gas fields 20:43 Colonial-style land leases 22:27 Tokenization scheme 23:07 "Voluntary relocation" of Palestinians 25:22 Jared Kushner is US "mediator" with Israel 26:10 (CLIP) Kushner on Gaza "waterfront property" 26:22 Western colonialism in Palestine 28:04 Outro

Donald Trump admitted he wants to “take over” Venezuela and its oil. Marco Rubio is overseeing the war plans, aiming to overthrow President Nicolás Maduro and install US puppet María Corina Machado, who vowed to privatize Venezuela's natural resources and sell off $1.7 trillion of her country's assets to North American corporations. Ben Norton explains. VIDEO: https://www.youtube.com/watch?v=QukbgnkuPVY Topics 0:00 US war on Venezuela 1:16 (CLIP) Trump wants to take Venezuela's oil 1:28 Venezuela has world's largest oil reserves 1:37 US coup attempt with Juan Guaidó 2:08 US support for dictatorships in Latin America 2:36 Venezuela has critical minerals, like rare earths 2:59 Colonialist Monroe Doctrine 3:31 Psychological war 3:58 (CLIP) Trump: Maduro's "days are numbered" 4:54 US war plans 6:15 "Cartel of the Sons" does NOT exist 7:44 Marco Rubio: war planner 8:20 US military buildup in Caribbean 9:26 CIA operations in Venezuela 10:18 Three options in US war plans 11:36 Chevron wants Venezuela's oil 12:26 Imperialist "Americas First" policy 14:11 War on Terror plus War on Drugs 14:44 Polls: North Americans oppose Trump's war 16:03 US government is an oligarchy 16:30 Coup leader: María Corina Machado 18:01 Nobel "Peace" Prize for US wars 19:17 Machado wants to privatize Venezuela's oil 19:44 (CLIP) Machado: US companies will profit 20:38 Machado speaks alongside Donald Trump 21:24 Miami Mayor Francis Suarez 22:01 (CLIP) Miami mayor praises María Corina Machado 22:13 US government supports Machado 22:49 (CLIP) Machado thanks US officials for support 23:41 Machado offers to sell $1.7 trillion in assets 24:22 (CLIP) Machado's "massive privatization program" 25:35 Machado's USA-first foreign policy 26:02 (CLIP) Machado attacks China, Russia, Iran 27:59 Next targets of US empire: Cuba & Nicaragua 28:40 (CLIP) Threatening regime change in Cuba & Nicaragua 29:18 Machado's Bloomberg interview 29:40 (CLIP) Machado vows to sell off natural resources 30:21 Privatizations create oligarchies 31:12 (CLIP) Machado: Make oligarchy great again 31:50 US-Venezuelan oligarch Vanessa Neumann 32:49 Obscene wealth of Venezuelan oligarchs 35:32 Thor Halvorssen: Venezuelan oligarch family 36:21 Leopoldo López: Venezuelan oligarch 37:04 Venezuelan oligarchs: corrupt tools of US empire 38:02 María Corina Machado conspires with USA 38:44 (CLIP) Machado admits US gov't support 39:53 Pro-war Nobel "Peace" Prize laureate 40:26 (CLIP) Machado supports Trump's war 40:56 Nobel "Peace" Prize: tool of US wars 41:25 (CLIP) Machado: Nobel Prize helps war 41:59 Summary 43:19 Outro

Nvidia CEO Jensen Huang fears China will win the AI race, as OpenAI asks the US government for "federal guarantees" and a "backstop". The unsustainability of the enormous AI bubble is becoming clear to everyone, and Silicon Valley Big Tech executives want to be guaranteed a bailout. Ben Norton explains. VIDEO: https://www.youtube.com/watch?v=4odSW2lSUyI Check out our related video on the AI bubble: https://www.youtube.com/watch?v=rXCVrLPTUHQ Topics 0:00 (CLIPS) OpenAI wants US gov't "backstop" 0:31 US-China AI race 1:13 Nvidia sells shovels in AI gold rush 3:05 China restricts Nvidia chips 3:47 Nvidia CEO: China is winning AI race 5:50 AI bubble 7:21 OpenAI CFO asks for federal "backstop" 8:11 (CLIP) OpenAI CFO on US gov't support 8:51 OpenAI CEO Sam Altman 9:22 (CLIP) US gov't as "insurer of last resort" 9:49 Too Big to Fail 2.0 10:53 Sam Altman backtracks 11:58 OpenAI letter asks US gov't for support 14:32 Banning Chinese AI competitors 15:31 Trump supports OpenAI & Sam Altman 16:19 (CLIP) Sam Altman at White House 16:36 Sam Altman donates to Trump 17:03 Chinese open-source AI models 17:56 US corporations want monopolies 18:58 Peter Thiel & Sam Altman 19:34 (CLIP) "Competition is for losers" 20:10 OpenAI's circular financing scheme 22:32 OpenAI owes $1.4 trillion 23:24 OpenAI is losing money 24:42 Silicon Valley's business model: monopoly 26:15 China's AI advantage: electricity 27:08 The "electron gap" 28:24 Electricity generation: China vs USA 29:30 AI data centers drive up electricity bills 29:52 Electricity price in USA 30:36 Electricity prices: China vs USA 31:49 BlackRock buys up US power grid 33:02 Trump closes solar power projects 33:48 Trump cancels wind power projects 34:39 US fossil fuel corporations 35:12 Summary 36:34 Outro

The US government is politically isolated on the world stage. This can be seen in the UN General Assembly votes demanding an end to the USA's embargo of Cuba. Almost all of the world opposes the illegal economic blockade. Ben Norton explains how the CIA has waged a terrorist war on Cuba, Venezuela, and other parts of Latin America for decades. VIDEO: https://www.youtube.com/watch?v=VKF-jrrv5yA Sources and links here: https://geopoliticaleconomy.com/2025/11/03/embargo-blockade-cuba-un-vote/ Check out our related video on Trump's neocolonial attacks on Latin America: https://geopoliticaleconomy.com/2025/10/27/donroe-doctrine-trump-neocolonial-plan-latin-america/ Topics 0:00 US government is very unpopular 1:21 World votes against USA at UN 2:06 USA has just 6 key allies 2:46 Viktor Orbán's Hungary 3:30 Javier Milei's Argentina 4:14 Trump's global pressure campaign 5:40 Past UNGA votes on Cuba embargo 6:45 Trump-Rubio campaign failed 8:27 Russia and Ukraine factor 9:54 Trump's international allies 11:16 Marco Rubio, coup-plotting war hawk 13:30 US economic war on Cuba 14:05 Stated goals of US blockade 16:30 Secondary sanctions 17:38 Trump & Rubio threaten Cuba 18:04 USA's fake "terror" list 20:41 Fidel Castro: 638 assassination attempts 21:27 Operation Northwoods: CIA terror war 23:04 US terror war on Venezuela 25:24 US military forced to sign NDAs 26:11 Donroe Doctrine: Trump's neocolonialism 26:48 Outro

Donald Trump is losing the trade war on China, which he started. The agreement he made at the meeting with President Xi Jinping shows how the US is much more dependent on the Chinese economy than vice versa. Political economist Ben Norton explains how Trump's tariffs have hurt American workers, especially farmers, while China advances as a new technological and manufacturing superpower. VIDEO: https://www.youtube.com/watch?v=MWrdxBODSUE Topics 0:00 Trump's meeting with Xi Jinping 1:07 China successfully defends itself 2:58 China is a new "economic superpower" 4:04 This is a one-year "tactical detente" 4:47 Details of Trump-Xi agreement 6:20 Trump undoes "self-inflicted" damage 7:02 Scott Bessent claimed China had "losing hand" 7:40 China is less dependent on US economy 8:24 Analyzing US-China trade 9:59 USA is dependent on Chinese tech 11:06 China is a manufacturing superpower 12:08 China's domestic revenue vs exports 13:43 Bipartisan US trade war 14:30 One-year trade truce 15:40 US midterm elections coming up in 2026 16:12 Poll: Republicans (and Dems) are unpopular 16:48 Trump's low approval rating of 39% 17:27 US consumers pay for Trump's tariffs 18:54 Inflation and US economic problems 20:58 US manufacturing jobs decline 22:32 Soybean war: Trump's tariffs hurt farmers 24:38 China buys soybeans from Latin America 25:25 Trump's bailout of farmers 27:24 China's rare earth dominance 28:58 US industry needs China's rare earths 30:40 Chip war: US semiconductor restrictions 31:54 China develops domestic chip industry 33:40 China's new 5-year plan pushes tech 34:31 Made in China 2025 industrial policy 35:45 China leads in critical technologies 37:22 China's "technological self-reliance" 38:25 USA is losing trade war 39:25 Outro

Donald Trump imposed sanctions on Russia's top oil companies, but the US still can't stop the war in Ukraine. NATO's goals cannot be met, as the world is increasingly multipolar and Western power is declining. Geopolitical economist Radhika Desai analyzes the conflict with journalist Anatol Lieven and China-based economic geographer Mick Dunford. VIDEO: https://www.youtube.com/watch?v=359p5RC2JE8 This is part of the program Geopolitical Economy Hour. You can watch other episodes of the show here: https://youtube.com/playlist?list=PLDAi0NdlN8hMl9DkPLikDDGccibhYHnDP

The Donald Trump administration seeks to forcibly impose the US empire's hegemony in Latin America, waging war on Venezuela, imposing sanctions on Colombia's President Gustavo Petro, hitting Brazil with tariffs, and meddling in Argentina's election. Ben Norton explains how Trump and Marco Rubio are trying to cut off all western hemisphere ties with China and Russia, bringing back the colonial Monroe Doctrine, now known as the Donroe Doctrine. VIDEO: https://www.youtube.com/watch?v=gcWH-LPyTow Topics 0:00 Trump's war on Latin America 1:04 (CLIP) Trump meddles in Argentina's election 1:23 US imperial strategy in Latin America 2:02 (CLIP) Trump wants Venezuela's oil 2:14 Natural resources 2:41 Ties with China and Russia 3:02 Oligarchic counter-revolution 4:11 US war on Venezuela 7:50 Marco Rubio: coup-plotting war hawk 9:23 Fox News calls to colonize Venezuela 10:01 (CLIP) Fox News: Venezuela 51st US state 10:29 The "drug trafficking" excuse 11:10 Colombia's President Gustavo Petro 13:29 US-backed Colombian drug traffickers 14:24 US-backed drug lord Álvaro Uribe 17:05 The "war on drugs" is based on lies 18:10 Colombia moves closer to China 19:12 China: South America's top trading partner 20:41 USA meddles in Colombia's election 21:42 Monroe Doctrine to Donroe Doctrine 26:15 (CLIP) John Bolton boasts of coup attempt 27:05 Neocolonialism 28:26 US interventions in Latin America 30:32 USA colonized half of Mexico 31:11 Colonial "Banana Wars" 31:41 Goals of US war on Venezuela 32:33 William McKinley, imperialist 34:01 (CLIP) Trump vows to expand US empire 35:02 Trump takes mask off US empire 36:30 Outro

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