Donald Trump's tariffs will likely backfire and hurt the United States, accelerating the decline of US dominance. To discuss, host Radhika Desai is joined by economist Michael Hudson and China-based scholar Mick Dunford. 

VIDEO: https://www.youtube.com/watch?v=5wpJZh-gDA8

This is part of the program Geopolitical Economy Hour. You can watch other episodes of the show here: https://youtube.com/playlist?list=PLDAi0NdlN8hMl9DkPLikDDGccibhYHnDP

How Trump's tariffs will accelerate US decline

Why has the price of gold been increasing so fast, breaking records? Economist Michael Hudson explains the politics of the precious metal, and the dynamics of the US dollar system. He is interviewed by Ben Norton.

VIDEO: https://www.youtube.com/watch?v=9Bvr2SZm-NM

Transcript: https://geopoliticaleconomy.com/2025/02/13/politics-gold-price-economist-michael-hudson/

Topics
0:00 Intro
1:49 Highlights
4:14 Interview starts
4:49 US dollar system & Super Imperialism
8:23 Dollar alternatives?
10:56 Why price of gold is rising
15:31 Gold market is political
21:10 Is gold an inflation hedge?
25:19 US military spending
27:33 Budget deficits & MMT
29:41 Gold standard critique
33:29 Politics of money creation
35:39 Commodity markets
38:01 Options trading
39:33 Central banks short selling gold
43:43 Gold leasing
48:01 How much gold is in Fort Knox?
51:03 Is there a run on gold?
1:02:50 Western central bank strategy
1:07:11 Outro

The politics of gold: Economist Michael Hudson explains why gold's price is rising so much

Donald Trump's tariffs are part of a class war against many of his own supporters. The US president plans to slash income taxes on the rich and corporations and use tariffs to shift the burden of taxation onto the poor and working class. Radhika Desai is joined by economist Michael Hudson to discuss.

VIDEO: https://www.youtube.com/watch?v=ms_7EkiJbGo

This is part of the program Geopolitical Economy Hour. You can watch other episodes of the show here: https://youtube.com/playlist?list=PLDAi0NdlN8hMl9DkPLikDDGccibhYHnDP

Trump's tariffs are part of a class war on his own base

Donald Trump's tariffs are benefiting rich elites at the expense of the majority of the population, argues economist Michael Hudson. He explains how the US trade war on China is isolating the United States and encouraging countries to seek alternatives. Ben Norton hosts the interview.

VIDEO: https://www.youtube.com/watch?v=jGsLDQQuzU0

Read Michael Hudson's report "Return of the robber barons – Trump’s distorted view of US tariff history": https://geopoliticaleconomy.com/2025/04/14/michael-hudson-robber-barons-trump-tariffs/

Topics
0:00 Intro
1:11 Michael Hudson highlights
2:09 Interview starts
2:41 Replacing income tax with tariffs
5:40 Government industrial policy
9:22 Reaganomics 2.0
11:29 Gilded Age
14:54 China's model
17:50 (CLIP) JD Vance calls Chinese "peasants"
18:12 Public finance
22:57 Trade war on China
25:12 (CLIP) Trump demands tribute
25:42 US attempt to isolate China
26:30 USA doesn't have many cards
28:55 Import substitution
30:16 Trump is isolating the US
34:58 US dollar system in crisis
38:03 Reindustrialization
40:06 Trump's bullying strategy
43:26 Destroying the post-WWII system
49:06 Global South vs the West
50:58 Democracy or oligarchy?
56:05 Billionaire oligarchs
56:56 Corruption
58:25 Outro

Trump's tariffs hurt the US much more than China - Economist Michael Hudson explains

Will US President Donald Trump be the tipping point for the dollar system? Even Western financial outlets now warn of the beginning of the end of dollar dominance. To discuss, host Radhika Desai is joined by economist Michael Hudson and economic geographer Mick Dunford.

VIDEO: https://www.youtube.com/watch?v=bGZXDzmL10k

This is part of the program Geopolitical Economy Hour. You can watch other episodes of the show here: https://youtube.com/playlist?list=PLDAi0NdlN8hMl9DkPLikDDGccibhYHnDP

Is Trump the last straw for the dollar system?

What caused the deindustrialization of the US economy? Can Donald Trump really reindustrialize the USA with tariffs? Economists Radhika Desai and Michael Hudson discuss. 

VIDEO with charts: https://www.youtube.com/watch?v=vpNql8U6WvE

This is part of the program Geopolitical Economy Hour. You can watch other episodes of the show here: https://youtube.com/playlist?list=PLDAi0NdlN8hMl9DkPLikDDGccibhYHnDP

What caused US deindustrialization, and can Trump fix it? Economists explain

War on Iran is part of the US empire's larger attempt to re-impose its unipolar dominance on the global political and financial system, argues economist Michael Hudson. Washington wants to preserve dollar hegemony and the petrodollar, while disrupting BRICS and Eurasian integration with China and Russia. He is interviewed by host Ben Norton.

VIDEO: https://www.youtube.com/watch?v=3DEXReFGb24

Transcript here: https://geopoliticaleconomy.com/2025/06/27/war-iran-us-unipolarity-michael-hudson/

Michael Hudson's article - War on Iran is fight for US unipolar control of world: https://geopoliticaleconomy.com/2025/06/22/michael-hudson-war-iran-us-unipolar-control

Michael Hudson's website: https://michael-hudson.com

Topics
0:00 Intro: US war on Iran
3:45 Summary of US imperial strategy
8:15 Interview starts
9:00 History of US meddling in Iran
11:06 US divide-and-conquer plan
14:02 Israel: US empire's aircraft carrier
17:07 Geopolitics of Iran
18:56 China's Belt and Road Initiative
21:02 Attempt to encircle Russia & China
23:34 US aggression backfires on dollar
27:29 Oil and petrodollar
36:43 Super Imperialism
40:06 Sanctions & economic warfare
44:35 Military-Industrial Complex
51:33 Outro

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War on Iran is part of US plan for global domination: Economist Michael Hudson explains

As US president, Donald Trump's policies have served the interests of wealthy elites, while hurting average working people and splitting his own MAGA base. Geopolitical economist Radhika Desai discusses with economist Michael Hudson.

VIDEO: https://www.youtube.com/watch?v=0cUksS_aN_8

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

How's Trump's policies hurt his own MAGA supporters - and serve rich elites

Economist Michael Hudson describes how the Western powers designed the international financial, legal, and political system in a way that benefits North American corporations at the expense of the countries of the Global South. He also proposes ways for the Global Majority to resist US neocolonialism, in this interview with host Ben Norton.

VIDEO: https://www.youtube.com/watch?v=tgBUbbTF5Sg

Transcript: https://geopoliticaleconomy.com/2025/08/06/world-us-financial-colonialism-economist-michael-hudson/

Read Michael's article "How the Global Majority can free itself from US financial colonialism": https://geopoliticaleconomy.com/2025/07/17/michael-hudson-global-majority-us-financial-colonialism/

Michael's website: https://michael-hudson.com/

How the world can free itself from US financial colonialism: Economist Michael Hudson explains

Private equity funds and other Wall Street investors are buying up homes across the US and the West, driving up rent and the cost of living. Economist Michael Hudson explains how these corporate landlords are a result of the system of financialized capitalism, dominated by an unproductive rentier class. He is interviewed by host Ben Norton.

VIDEO: https://www.youtube.com/watch?v=qJd0d7Uda2M

Transcript: https://www.geopoliticaleconomy.report/p/corporate-landlords-rent-michael-hudson

Part 1 of this interview: https://www.geopoliticaleconomy.report/p/world-us-financial-colonialism-economist-michael-hudson

Read Michael's article "How the Global Majority can free itself from US financial colonialism": https://geopoliticaleconomy.com/2025/07/17/michael-hudson-global-majority-us-financial-colonialism/

Michael's website: https://michael-hudson.com/

Topics
0:00 Cost of living crisis in West
0:30 Blackstone: largest US landlord
1:07 Blackstone CEO is Trump donor
1:49 Investors buy up US homes
2:36 Wall Street buys single-family homes
3:54 Wall Street buys up neighborhoods
5:31 Homelessness rises in USA
6:06 Blackstone buys up homes in Spain
7:34 Introduction to Michael Hudson
9:12 Highlights
10:43 Interview starts
11:58 Feudalism, capitalism, & rentier class
16:58 Adam Smith, David Ricardo, & Karl Marx
19:10 Difference between value, price, & rent
21:33 Bankers, industrialists, & landlords
27:34 Theory of comparative advantage
28:20 Problems with economics education
30:57 Profits vs rent
32:48 Financialization and GDP
37:21 Adam Smith in Beijing
38:47 Peter Thiel defends monopolies
40:20 China's reform and opening up
43:06 China's public ownership of finance
44:25 Need to tax land rent
50:45 China's industrialization
53:54 Passive income (ie, rent seeking)
56:01 Mainstream "junk economics"
59:07 Outro

Corporate landlords are taking over, making life unaffordable: Economist Michael Hudson explains why

Geopolitical Economy Report is an independent news outlet that provides original journalism and analysis to understand the changing world.

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