US gov't is very afraid of BRICS and dedollarization, Trump insiders reveal
Close Donald Trump allies like Steve Bannon say "the president is pissed every time he looks at the BRICS de-dollarization effort". The US government fears the Global South's challenge to the exorbitant privilege of the dollar. Trump is trying to make an example out of Brazil, threatening high tariffs to punish Lula da Silva, who promotes a multipolar world and a new global reserve currency. Ben Norton explains.
VIDEO: https://www.youtube.com/watch?v=MguxV2HZWVk
As Trump threatens BRICS, it grows stronger, resisting US dollar and Western imperialism: https://geopoliticaleconomy.com/2025/07/10/trump-threat-brics-us-dollar-western-imperialism/
Topics
0:00 (CLIP) Trump: "The dollar is king"
0:17 Western imperialists fear BRICS
1:20 Trump threatens tariffs on BRICS
1:37 Dedollarization enrages Trump
3:21 (CLIP) Trump's angry rant against BRICS
4:43 Schrödinger's BRICS
5:24 US officials demonize BRICS
6:00 Non-Aligned Movement
7:18 US divide-and-conquer strategy
7:58 (CLIP) Trump: divide Russia and China
8:16 US empire is failing
9:00 Trump attacks Brazil
10:07 Brazilian President Lula da Silva
10:52 Jair Bolsonaro, Trump ally
11:26 Bolsonaro's failed coup attempt
12:07 Elon Musk meddles in Brazil
13:00 US-sponsored coups in Latin America
14:29 Elon Musk: "We will coup whoever we want"
15:27 US-backed coups in Brazil
18:01 Brazil pushes back against US meddling
19:52 Multipolarity
20:35 Dedollarization
21:08 Gold
22:30 US empire's main weapon: the dollar
24:06 Sanctions: economic warfare
24:53 BRICS develops alternatives
25:30 End of US dollar's exorbitant privilege
27:29 Why Trump is afraid
28:46 Outro
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29:09
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29:09
As Trump threatens BRICS, it grows stronger, resisting US dollar and Western imperialism
US President Donald Trump has threatened heavy tariffs on BRICS, claiming the organization is "dead", but it is actually growing in size and influence. 10 members and 10 partners participated in the 2025 BRICS summit in Brazil, where they discussed plans for dedollarization, trade and investment in national currencies, and how to create a more multipolar global order. Ben Norton explains.
VIDEO: https://www.youtube.com/watch?v=SmR03QFdhfs
Topics
0:00 Trump attacks BRICS
0:25 (CLIP) Trump claims "BRICS is dead"
1:16 BRICS is growing
1:49 BRICS: 10 members & 10 partners
2:26 BRICS: 44% of global GDP (PPP)
2:41 BRICS: 56% of world population
2:55 Vietnam joins BRICS
3:27 Cuba joins BRICS
4:11 Mexico attends BRICS summit
4:58 Trump threatens tariffs on BRICS
6:07 Trump doesn't understand BRICS
6:21 (CLIP) Trump claims Spain is in BRICS
6:58 Lula: World doesn't want an "emperor"
8:03 Dedollarization
8:31 (CLIP) Trump threats to save US dollar
8:48 BRICS promotes dedollarization
9:54 Brazil challenges US dollar dominance
10:44 New Development Bank (NDB)
11:03 US meddling in Colombia
11:50 US-backed coup in Bolivia
13:01 US-backed judicial coup in Brazil
13:40 BRICS trade in local currencies
14:38 Dedollarization: slow and steady
15:29 Dedollarization in BRICS declaration
17:32 IMF alternative: Contingent Reserve Arrangement (CRA)
20:29 New international financial system
21:27 Vladimir Putin's speech
21:48 Why the absence of Xi Jinping and Putin?
23:31 Why Iran's president did not attend
24:22 China's view of BRICS
26:15 Goals of BRICS
27:03 Financial imperialism: the "reverse Marshall Plan"
30:28 Billionaire oligarchs
31:58 Malaysia PM Anwar Ibrahim
32:22 Non-Aligned Movement
33:37 (CLIP) BRICS inspired by Non-Aligned Movement
35:02 (CLIP) Malaysia PM on de-dollarization
35:44 Bandung Conference
36:46 (CLIP) Malaysia PM: BRICS follows Bandung
37:27 Decolonization and multipolarity
39:57 NATO militarization and warmongering
40:32 Climate change
41:17 Palestine and Iran
41:57 Multilateralism under attack by USA
42:50 Imperialism vs democracy
43:27 Capitalist oligarchy
43:43 Trump: symbol of US imperialism
44:28 Meaning of BRICS
45:14 Outro
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45:45
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45:45
BRICS expands to majority of world population: Vietnam joins, USA fails to divide China & Vietnam
BRICS has expanded to 20 countries - 10 members and 10 partners - after adding Vietnam. BRICS+ now makes up 43.93% of world GDP (PPP) and 55.61% of the global population. Ben Norton explains how the US failed to divide China and Vietnam in the Second Cold War.
VIDEO: https://www.youtube.com/watch?v=pZUeShGMarI
Sources, links, and downloadable charts here: https://geopoliticaleconomy.com/2025/07/04/brics-expansion-population-gdp-vietnam
Asia is uniting, creating a new post-West global order: https://www.youtube.com/watch?v=nRGkCw-Sqk0
Topics
0:00 Vietnam joins BRICS
0:42 History of BRICS expansion
1:01 BRICS membership
1:21 Map of BRICS+
1:30 BRICS: 44% of global GDP (PPP)
1:50 BRICS: 56% of world population
2:26 Cold War and Non-Aligned Movement
3:33 USA tries to divide Vietnam & China
5:07 Vietnam's foreign policy is non-aligned
5:53 Timing of Vietnam's decision
6:47 Trump's tariffs
7:39 China improves relations with Vietnam
8:32 Complex history of China-Vietnam relations
10:47 Vietnam's "Four Nos"
11:48 China's non-alignment
12:17 Similarities of Chinese & Vietnamese socialist system
13:36 Vietnam's economic development
15:32 Incomes in Vietnam & China
16:40 Socialist market economy
17:22 Life expectancy in Vietnam & China
18:38 Popularity of Vietnamese & Chinese governments
19:34 Western capitalist oligarchy
21:11 Global South alternatives
21:57 The ASEAN Way
22:37 ASEAN-GCC-China Summit
23:16 Outro
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23:29
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23:29
Dedollarization: How Iran challenges US dollar dominance and the petrodollar system
Iran has used its status as a leading oil and gas producer to promote dedollarization, rejecting the US dollar and trading with China, Russia, India, and other BRICS members in their national currencies. Ben Norton explains the Western economic war on Iran, and Tehran's response.
VIDEO: https://www.youtube.com/watch?v=_ziGNmvOh6k
US pressures Saudi Arabia to sell oil in dollars, not Chinese yuan: https://www.youtube.com/watch?v=NmYybJZo3fo
The real reasons for the US-Israeli war on Iran, explained: https://www.youtube.com/watch?v=OwH780cEcEQ
Topics
0:00 US dollar's "exorbitant privilege"
0:50 Sanctions: weaponization of US dollar
1:33 De-dollarization
3:54 Economic warfare
5:15 History of US meddling in Iran
6:41 Geopolitics of oil
7:22 Iranian leaders promote de-dollarization
8:42 BRICS trade in national currencies
10:33 Iran's oil and gas production
10:51 Gulf flirts with petroyuan
11:34 History of petrodollar system
12:31 OPEC oil embargo
13:55 Saudi King Faisal
14:30 OPEC oil embargo
14:55 Nixon-Kissinger deal with Saudis
16:50 Super Imperialism
17:39 Oil backs US seigniorage
19:31 Saudi Arabia and petrodollar
20:20 US pressure on Saudi Arabia
21:44 War on Iran
22:27 Why USA wants regime change
23:47 Outro
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24:01
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24:01
War on Iran is part of US plan for global domination: Economist Michael Hudson explains
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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