Who is the biggest rogue state in the world? Which regime is not a signatory to the Rome Statue? Which regime threatened to sanction the ICC despite not signing the Rome Statue? Which regime is using UNCLOS to claim freedom of navigation despite not ratifying UNCLOS? Which regime shredded the multi-lateral JCPOA on Iran? Which regime walked away from the Intermediate-Range Nuclear Forces Treaty? Which regime walked away from the WHO (and then walked back)? Which regime did not sign up for the Kyoto Protocol and the Paris Agreement? Which regime has the most cases with the WTO, and when found guilty decided to hobble the WTO by blocking the appointment of judges to the WTO's Appellate Body? Which regime passed the "Invasion of The Hague" Act so that it can invade The Netherlands should the ICC decide to prosecute its politicians and soldiers for war crimes? The list goes on..... Which is why this regime and its chihuahua vassals are always shouting "rules-based order". This is just the regime's way of not conforming to international laws as embodied in the UN Charter and other multi-lateral institutions as it is the biggest breaker of international laws. Instead the rules base order allows it to cook up some rules (which has never been published) and order the rest of the world to obey. If this regime breaks its own rules, it just ignore the rules and move on.
"First, we take Manhattan, then we take Berlin." They did. That was a century ago. You know who they are... Keeve was a recent speedbump. They took Babylondon centuries ago. They've wanted Moscow for centuries. They won't get it. Europa: The Last Battle.
CCP narrative. Luckily the internet is still not censored by China. Easily see this is misinformation Europe choosesxto rally behind America to stop Putin and Xi
The world is evolving at breakneck speed. Last fall Huawei announced it was building 7nm chips for their smart phones. Western experts said it would take China five to ten years to catch up to Nvidia. What happened? Only six months later Huawei started mass producing the 5nm Accent 910B AI chip using SAQP manufacturing technology (working with Sicarrier and Naura) . Now remarkably only two months after that announcement Huawei has filed patents for a revolutionary new 3nm chip manufactured using the quadruple patterning technology. The Chinese love a challenge. Its highly doubtful semiconductors are going to be a serious obstacle to Chinese industrial progress.
Who owns all these tech companies in China? Do you think that Us and old Chinese politicians are not involved in Chinese tech companies? How can Apple be more valuable than Saudi Aramco? Despite Apple not being an innovative company anymore? Samsung has a far more innovative company and sells more phones and has the bigger market and company. Apple sell old technology and has admittedly more profits by selling to costumers that's locked in their tech bubble. So why the big over valuation?
im blown away that krugman is clueless that the us moves against wuawei didnt not constitute war by economic moves- stunning he was so out of touch what the heck was he observing for the last decade!!
I’m astounded. Absolutely astounded. They are giving the introduction with an assumption that the audience does not link together economics, geopolitics, and conflict. I sure hope their audience is smarter than that.
Why do you believe that the USA adheres to any rule of law? We are neither blind nor foolish. The numerous instances of U.S. interference in international infrastructure demonstrate that the USA doesn't honor the rule of law. The Huawei ban, in particular, USA held the world back by five years to compensate for their technological shortcomings. The USA’s behavior resembles that of lawless feudal robber barons. China deeply cares about laws. Look at the Palestine issue. The rest of the world is trying to find a solution within the rules of law and it's the USA and West who are committing genocide breaking all rules of law.
America has multiple reasons why it needs to stop Huawei. First Huawei is taking market share of Cisco, America just doesn't want their domestic champions to decline in revenue. Money is power. Lastly, the global intelligence spying are based using American networking equipment. Backdoors are made on Cisco routers so that FBI and CIA have direct access to the networking gears. American economic interests are threatened by China. China before was just making plastic toys and textiles. It didn't anticipate China to go up the value chain and threaten their profitable business endeavors.
Having watched China get loaded from 2003, the 'SARS Epidemic', what we were told is called 'The 2008 Crash' let me counter your claim about the Communists. I point you to Article 2 of the Constitution of the People's Republic of China... And, you're welcome.
The adversaries are not only developing ways to circumvent the sanctions. They also take the cue that these "financial weapons" are legitimate ways to apply pressure on the west, now and in the future when they are more and more powerful.
Too late, the world has moved on. Baffling how late they are to geopolitical dynamics. Brics are already discussing programs that are outside western influence
Russia and China seem to have no problem going around these sanctions. They have done currency swaps with their trade partners and they are engineering their way around technological barriers. Eventually they will become totally independent of US controlled networks
@@ssuwandi3240 Well, do you see any major unrest or protest in China? They are building car assembly plants in Mexico. Their Belt and Road project is still expanding. They have just demonstrated their new stealth fighter. They are taking orders for their home built airliner. Their solar power generation is already equal to their residential power load. They have simply re-financed the evergrande and other builders' defaults by government intervention.
@@ShahryarSaigol you meant you still got no clues thousands of China banks have disappeared? They will stab your back just like they did to ours. One company that caused the world's whirlwind JEZZ😤😤
@@ShahryarSaigol without the committed West's fully restored trust over 2018 betrayal😤 it's going down slowly like Titanic s sinking . Thousands of banks have disappeared
@@ShahryarSaigol like organized crimes that more and more people have warned all across neighbouring countries?? Absolutely. Shame isn't it.. they betrayed 40, year partnerships. Over bad Intel I guess.
@@tuw2528 China’s GDP grew 5.2% in 2023, USA decline 2.5 GDP 2023. Wow, African are doing much better then the U.S.A. in 2023.... China PRC should continue to support Africa. fact check first !!! China's Q1 GDP grew 5.3% in the first quarter compare to USA 1.3% GDP of 2024. Another strew to US. Petrodollar’s dominance agreement U.S. & Saudi Arabia expired June 9, 2024
@@ManPursueExcellence I thought starting at 11:00 would cause people to dismiss the talk as astrological musings. Having listened to 14:34, I now think it's much worse. Apparently, some pro-american bum of a guest is delivering a scheming narrative to both exculpate America and to better arm America.
The real issue with the sanctions that these two are not pointing out is that these sanctions are giving incentive for the rest of the world to reduce their dependence on these US controlled networks. Other countries have seen what these two are talking about for years.
One should be clear that Globalization by design is to advance the interests and profits of the powerful that is the western multinationals then. And indeed it has. The side effects of this is two folds: first the wealth generated by the Globalization of those multinationals is not distributed to those who lost in the process (namely like those in the rust belt and caused uprising of nationalism); second, those countries used to be poor now are benefited greatly from the Globalization like China. But unlike the benefits largely go to the multinationals in the west, China’s political and economical system enables itself to compete effectively against the west multinationals thus the West’s position at the top of the industrial food chain is challenged and crumbling. So the western multinationals can not make profits as used to and more nationalists demand for change. So what will de-globalization do? The multinationals have no choice but squeeze out more from even poorer countries or from those already unfortunate such as American workers. Economy is economy, it determines the political landscape, not another way around.
Politics of course does affect the economy. It decides where money is spent. Instead of spending trillions on endless wars, it could fund infrastructure building, social and educational /training services to boost local economic activities. Globalisation needs not be the culprit for the plight of American workers if restructuring is more vigorously undertaken.
@@Time4PeaceSimultaneously, globalisation has contributed to overproduction. Overproduction is a crisis that drives parties to war. Destruction of productive forces , including working population and factories, ends with (pre nuclear war) the winning state benefitting from post war boom ( and control of natural resources). The US is quite overtly preparing war against China because China is a trade rival and is " overproducing".
An economist who does not know about economic wars/sanctions? Paul Krugman is not relevant anymore, if he ever was! BTW, you should listen to Michael Hudson to find out how ignorant Paul Krugman is.
I prefer to believe to what Professor John J. Mershiemer of the University of Chicago and Prof. Jeffrey Sachs of Harvard and Columbia University are saying, than those speakers above. 🤔🤔🤔
Actually, transcontenental & transoceanic cables are what Huawei does, not what the USA does. These guys are clueless about data com, but it's fun to hear oldsters marveling and the modern world.
Somebody should tell the moderator that he is exhibiting great disrespect towards the audience by presenting the sole of his shoe to them. And then he wiggles his foot as if to signal the pleasure he is deriving. Disgusting. Imagine if he were to put his feet up on the table in front. This moderator should be restricted to podcasts.
To assume that we may continue dispensing sanction at what ever rate we want, with impunity, is silly. We are already feeling the consequences of sanctioning 40% of the world population. I am wondering how much more can we squeeze our lower classes before we see their discontent expressed violently within our cities limits, as we did in 60s.
@@Kingofthehill84 Probably sooner - unless there's a 1933-like Bankruptcy Reorganization for the IMF System, there will be a reverse leveraged blowout of $2 thousand trillion!
The US has too many of these people without any Tech and engineering background to make policy. For any Tech people, there is always a tech solution to these so-called economic weapons. These weapons only work in small states that lack technology depth. China loves sanctions, which means previous dominant players have given the market share to me. I fixed the problem, I have the market.
U.S. Ministers and Western think tankers are too immersed in money market theory and imperial geo-politics to consider - how to build concordance with the BRICS process, and then put together a New economic Development Architecture, which will benefit all nations!
It's politic, it does not need technical or logical. If the political environment is so negative. Any politicians will goes with the flow. Otherwise it will be the end of their careers
Post World War 2, We are living in the Era of The American Empire, We are also living in the Era of Neo Colonialism(indirect control), We are also living in the era of Weasel politicians, who would bow down to anyone with money. And America is the queen of indirect control. Once Neo Colonialism collapses Democracies will thrive. Basically, after the second world war America has been running from third base to fourth base and calling themselves winner of the "world series". The era of China has begun, though the era of America is not completly lost. China is strong but not that strong. America is weak but not that weak. So, in this contest America will try to use G7 countries China will try to use Brics+ (Iran and Saudi Arabia). That tells you the era of a multi polar world is upon us. Whoever controls the middle east controls the world, The Europeans once controlled the middle east so they ruled the world, now America controls the middle east so it controls the world, if the indications are true tomorrow China is going to control the world and global economy because they have forged a relationship with Middle East. They are the going to be the defacto epicenter of the global economy and trade in the coming years. Where America has reached in 240 years, China has reached there in 40 years. Take that American Capitalism! The name of the game is Capitalism. "Who knew China (Communist party of China) is going to be so good at it?" China is winning because USA has allowed it to win because they hate Russia so much, which is the biggest foreign policy blunder in the last 40 years. Socialism with Chinese Characteristics is just a euphemism for Authorotarian capitalism. China owes "a lot of it's success" to a series of poor foreign policy decision by America (The West) which is to involve China in WTO and shifted evey job from Detroit to Shanghai, Apparently the wonders of capitalism was supposed to make China more "democratic" nither did that happen nor did it drive a wedge between Soviet Russia and China (US specially has this obsession with Russia that one cannot understand). It has created a more powerful China and Russia alliance. Which is extremely hard to counter for the west. By 2030-32 China is going to become the largest economy in world which is going to be a massive change in the world and if it's goes really bad for US and it collapses (40 years after the Soviet Empire collapsed) then we might be ushered into a new era. There is nothing as soft power, there is hard power and everything flows from there. That's true for American Empire, Russia, China and the British Empire. In America the political parties change but the policies don't change, In China the political party don't change but the policies change all the time. Till America doesn't change course it is in for a rough ride for the next couple of decades. The current election in America between Joe Biden and Trump might be the most inconsequential elections in American history. The next president will stay in power till 2028 and next election will be on 2032. By 2030-32 China might become the biggest economy in the world. We are moving into the era of China. By 2030-32 China is going to be the largest economy in the world and then we are going to move into a new era, that would be the era of *Authoritarian Capitalism*. China calls it's system "Socialism with Chinese Characteristics" it's basically code to *"Authoritarian capitalism"*, it's the same systems that Qatar, Saudi Arabia and UAE have which is also *"AUTHORITARIAN CAPITALISM"* built on the back of *KAFALA SYSTEM*, which is using cheap (slave) labour to built, thier nation state while whitewashing the country' image through media and sports washing. (Paying David Beckham 270 million dollars while playing the migrants workers pennis in worst working conditions) Before the world wars we were living in the era of European Empires under *EUROPEAN COLONIALISM* where the European Powers captured territories in half the world and milked it's resources for thier fiefdoms. In the era of colonialism Britian, France, Germany, Netherlands, Belgium, Portugal, Spain and Turkey used to have direct control over thier territorirs they conquered. Right now we are living in the era of the American Empire, which is a *NEOCOLONIALISM* era, and America is the Queen of indirect control. America doesn't control anything directly but controls everything indirectly. (WTO, NATO, IMF, Media, Information Technology, Military Bases, Military Hardware Exports, Dollar, Petro Dollar, Swift payment system, Shipping lanes etc). That is about to change once China becomes number 1. Whether you like China or hate China, or whether you like America or hate America, you have to agree that once China becomes number 1 that's a new situation, Most people cannot see a new situation till it hits them, and not everyone is paying attention to it, not everyone has a plan for how they'll deal with it. Once United States became number 1 after the world war, and replaced The British Empire as the dominant force, they did a couple of things like signing a deal with one of largest oil producer Saudi Arabia and created a system of Petro Dollar and has had a bunch of Wars or tried to establish puppet regimes in Iran, Iraq, Libya, Syria, Kuwait, UAE, Egypt, Qatar with Saudi Arabia to establish control over the most important Energy resources to control and maintain it's influence over the rest of the world. If you look at what China is doing, They already have 30 year deals for Oil deal with Russia and Iran, And now Saudis are also willing to take payments in Chinese Yuan for Oil purchases. They have already set the table for how they are going to operate in this new era, they have been very proactive about how they see this "NEW WORLD" and not everyone has woken up to this reality including the Americans. Most people cannot see a new situation till it hits them. It will not be any European statesman who will unite europe, Europe will be united by China: Charles De Gaulle
No. The speed of data transmission over fiber optics is dependent on the duration of the on and off pulses of light that comprise the 0's and 1's of binary code. This duration is a function of the transmitting and receiving electronics and the fiber characteristics. It is fast, but not "instantaneous". Watch the download bar creep across your screen some time. It does take time and "bandwidth" to transmit and receive data. That's why multiple fibers in fiber optic cables are a thing. That is how bandwidth is increased.
The USA/Washington DC has always fought wars to create systemic disunity/division somewhere else on the planet, for own systemic gains, using a variety of means at its disposal (power). The only wars it has ever fought in history on the own continent (North America), was to create systemic unity/gain for itself. This is the theory. According to the scientific process, these proclaimed "rules" must now be countered, by trying to find exceptions to these two rules. According to the concept of "meaning of words" all exceptions to the rules which have been proclaimed, must be questioned: does this war for which the foundation was lain, or the war which was instigated, not avoided, "false flagged" into being, funded/supported, goaded, or declared, lead to disunity in another region of the planet (another continent). The theory, as stated by the words used, is not interested in anything else. It can either be falsified or it cannot. ------------------------------------- "The primordial interest of the United States - over which for a century we have fought wars (the first, second, and Cold War) - has been the relationship between Germany and Russia. Because united they are the only force that could threaten us. And to make sure that that doesn't happen. Therefore, it's not an accident that General Hodges, who's been appointed to be blamed for all of this, is talking about pre-positioning troops in Romania, Bulgaria, Poland, and the Baltics. This is the intermarium from the Black Sea to the Baltic that Pilsudski (edit: post-WW1 Polish dream of power in the wake of Russian and German weakness) dreamt of. This is this is the solution for the United States. ... For the United States: The primordial fear is German technology, German capital, and Russian natural resources, Russian manpower as the only combination that has for centuries scared the hell out of the United States. So how does this play out? Well, the US has already put its cards on the table. It is the line from the Baltics to the Black Sea." - George Friedman, Stratfor, Feb 2015 Yes, that has always been the aim of the naval powers, Great Britain and the USA. That includes this current war in the Ukraine" which was *not avoided* (grand strategy) by the USA/NATO even if it could have been avoided by very simple diplomatic means around the year 2000 (with a signed comprehensive European security agreement which incl. Russia). Several historians like Richard Overy (GB) and Daniele Ganser (Switzerland) have continuously and conclusively come to this conclusion, which is that imperialism were the root causes of all European wars, as based on the study of historical data. It is not a "conspiracy theory." That IS the premier priority of the powers not IN Eurasia, and still is. Here are the critical questions. If that is the realization, then HOW were the naval powers going to implement such continental Eurasian/European division? How were, both currently and historically, London and Washington DC going to (quote) "make sure that that doesn't happen"? Answer: Proactively implement the "divide and rule"-technique of power. In a nutshell: Implement and fund delusional propaganda games. Nothing of substance, with the implemented events often the exact opposite of the the loudly proclaimed "values". In the background, keep other systems either down or out of the own systems of gain and luxury life (50% for us, the minority), on ALL tiers, often by force, coercian, or at gunpoint, if it cannot be bought or corrupted, all accompanied by continuous flurry of words without meaning, spread by the exact systems which gain from keeping everything the way it is (a "divide and rule"-setup of the world). That is the "divide and rule"-strategy of politics (or the associated divide then gain/control technique of power). It is to create confusion, which can be exploited.
To anyone paying attention to geo-politcal events over the past 10 years and being famiiiar with Michael Hudson master thesis and book, Super-imperialism, this lecture appears to be late in coming advice and old news! This lecture should have been given to each successive Administration since 2000s advising them of the limits of Financial Sanctions and the dangers of imperial hubris!
Looking forward to learning: 1) Why did America do it? 2) What were the better alternatives? 3) What were the reasons why America chose to do what it did? 4) Why did it not choose any alternative? 5) Who were the key decision makers and influences? 6) Were these decision makers and influencers honest benevolent for all in this world or just their own interests
Taking about when and when not to use the structures of government to imposed sanctions on nations is what has brought us to this critical point. These people are still trying to manipulate the audience. I wish they would read the comments to find out people are more educated than they think on the subject. There are enough resources for everyone. The problem only a very few want to have control over it. It is called greedy to say nicely!
Brilliant work, and Kudos to you for using academic platforms to raise these very important issues. Somehow the body politic has become excommunicated from the actual practical thought input into the how of how our societies run, and the processes of ensuring that residents are already incorporated in the economy of their homes' progress and development. I love it... "the Plumbing has become political and that you really need to understand all of these dense systems in order to really see where the politics are actually happening…"
42:00 How well can China build to World Market Place: ask NASA, how's the Tiangong space station doing !!! That was right after the Wolf Amendment Act of 2011. Tiangong fully operation in 2022.
39:00 HOW OLD is this "conversation" ??? Huawei has surpass 5G technology and now offer Worldwide, now in Middle East, ASEAN, Global South, Africa, even South America.... Huawei 6G technology is working in-house with China's space station. Huawei is the number one supplier of Communication Worldwide, even Germany is getting more Huawei. There is no secret in China manufacturing, is just Sales, Sales, Sales... In meantime USA is still operating at 3G/4G.
To better understand how extensive and powerful is the network, I would suggest our friends to read the effort and influences behind the referandum of Brexit.
@@casteretpollux That Cambridge Analytica was founded by Steve Bannon explains their ethos. They specialised in creating many types of customised internet ads, carefully designed to appeal to different psychologies and hidden from general view, with a loose relationship to the truth.
😅😂 54:37 So in summation: 1. The US government is in risk of overreaching by overly exploiting the Global financial Market and other Global systems that it “shepherds” on the basis of “National Security.” 2. Several notable nations around the world have started divesting from the US economic infrastructure, and have actively begun taking measures to mitigate US Governmental influence and counteract the power of the US monetary system……But the Dollar 💵 is fine..the dollar will be fine.😅 Ok then, I guess I’ll just ignore the following events bellow and carry on believing my retirement is in no “foreseeable” danger ⛔️ ⚠️🤞: - BRICS’ sudden urge to integrate & develop the SWIFT alternative called SPFS, in the aftermath of our heavy sanctions on Russian Banking System and the seizing of their financial assets. - Saudi Arabia ditching US Petro-dollar after nearly 50yrs and opting to trade in Euros, Yuan, Ruble & etc. - The 40 or so countries lining up to join BRICS, & who will be attending the Russia summit this year in October. - The Gulf-states/ heavyweights joining or gravitating towards the Shanghai Cooperation Organization (including Iran, Afghanistan and now our “esteemed ally” Saudi Arabia). - The European Union (notably France) welcoming “the return of multipolarity,” expressed during a state visit to China. - The 130 country representatives that attended the St Petersburg International Economic Forum (in spite of the way our news media make it appear as though Russia is completely isolated). - BRICS now represent roughly 37% of Global GDP and 45% of global population, compared to the G7’s 30% GDP and 10% of global population. I’m sure everything is fine, everything is just fine.😳😳😱😱😶😶
With the US producing 13 million barrels of oil per day there are far fewer US purchases of Saudi oil than in the past, ergo not much need for Saudi Arabia to take dollars, or for a similar domestic production reason, to take rubles. It makes perfect sense for Saudi Arabia to deal primarily in Asian currencies, and, less so, Euros, that is, the currencies of its primary customers. This is a result of the oil independence of Russia and the United States. I'm not seeing what the loss is for the US on this point.
All Empires only have a limited time to rule history have proved that over and over again and the time has come for a just new world order .The world will be ruled by a Multipolar world where the future generations will benefit. God bless the human race. 🙏
Funny that you invited Krugman given his comments about the internet in 1998. “By 2005 or so, it will become clear that the Internet’s impact on the economy has been no greater than the fax machine’s.”
All three focused on how to dominate the world based on historical position against the new world emerging countries, however they arrogantly failed to address the decline of productivity, innovation in the US itself to the extent that they are now trailing many new world countries by decades. Reaching the top is difficult but remaining on top requires continuous efforts and dedication, not just trying to stop or slow down others. The empire has already declined and continuous to do so. Looking at it's supposingly top thinkers assures that as well.
This is an essential step for NYC growth and markets. Key is Hyperledger in NYC. Its better to promote developing stronger partners who were left in dire circumstances in the cold war.
Sanctions implying "costs" resulting in an opportunity for the sanctioned to invest toward solutions that work for them? Is that really what we want to do to preserve or promote US interests? Short-sighted decision-making can become nefast to our long-term interests. Decision proposals need to be studied further as to the hypothetically different responses that could ensue before taking them. I think the only way we'll get back on track is by bringing our "made in USA" back, in other words, increasing production and manufacturing using technology. The cost of labor was the competitive advantage to some other nations but now through robotics and AGI, we can start producing back in the USA.
So: The US provides enormously valuable financial services internationally. The US could decide to withhold these services from countries, like Russia, under extreme circumstances. (Isn't this old news?)
When these guys switch into politics my eye balls start to roll, especially when they talk about what is in President Putins head, what he thinks, what he wants. How does he know? Is he a mind reader? …BTW… that old helikopter that went down in Iran was a an old American Bell. The two helikopter that made it safe through the fog were Russian
Maybe the US is actively seeking kinetic responses from Russia and China, so ww3 can readdress wealth distribution besides eyeing for the Chinese and Russan owned properties and sovereign debt😂
The world has become a board game in which: USA is playing Checkers, thinking 1 move ahead. Russia is playing Chess, thinking 5 moves ahead. China is playing Go (Weiqi 围棋), thinking 10 moves ahead.
If the US systematically abused its influence over global finance, the developed democracies (EU, UK, Australia, Canada, Japan, S. Korea, Taiwan, Israel) would have developed an alternative financial system.
"America" is not a country! ...it is actually the name of our CONTINENT... having 35 sovereign countries and over one billion people! Many American countries are over 100 years older the even Jamestown (our oldest US city). Many Europeans became accustomed to emigrate to North and South America as they sought greater opportunity and freedom. The United States as well as Mexico, Brazil, Argentina, etc. Welcomed millions of Europeans over hundreds of years. During WWII, many Canadians and Unitedstadians plus a smaller amount of Latin Americans were the AMERICANS that helped the Europeans fight against Hitler. The United States does not own America, nor do they speak for the interests of all Americans! Stop this name ignorance!!! I love my country, USA!!! What to call the fine people of the USA? South Americans call us UNITEDSTADIANS! I agree with that!
What to see the New World of Commerce: October 2024, in Kazan Russia, call: BRICS+ 2024 Summit. They will detail the new members of BRICS+, new banking system, new loan payment system worldwide option choice. One Country can choose to or can just stay with the IMF, SWIFT and World Bank system. No New World Order, but peace thru Commerce.
The laws of physics and thermodynamics are available to any nation with the human and material resources to use them. The arrogance and hubris of America's warmongering political leaders is increasingly leading to backlash among the 7.7 billion humans outside of the 332 million Americans behind the overwhelming majority of the violence cruelty and endless militarism. Our leading exports are weapons of death and flammable fossils fuels. Both of which are now threatening WW3 and a slow death by climate change. State Department today a wholly owned subsidiary of the Pentagon and its operators the corporate Warfare Queens who NEVER lose a contract. We must have PEACE. Diplomacy must become our leading way to negotiations.
The blind optimism about the dollar, most people understand the privilege and don’t want to be exploited, it’s not about alternatives that are valuable, it’s about life and death, keep being obnoxious
I'm failing to see the exploitation. Are the US and EU exploiting Russia in imposing economic sanctions as a response to Russia's brutal war of aggression against Ukraine?
Obama said you all now to help US to continue policing, however it is more logical to help Trumpists to make americans happy reducing the policing burden
If the USA invented the internet one would reasonably expect the USA to maintain control of its project Doesn't matter if the rest of the world uses it or not!
@@casteretpollux yes invented by the US military and supporting US bases all over the world, who would have guessed eh? Pretty similar story with the smart phone, US military invention but commercialized by the private sector. Do your reseach!
36:00 The idea of US sanctioning specific product in a supplies chain is none exist, for "Option" ring in the chain whom use to supply 10%, will now carry 90% of said supplies chains need, thanks again to USA support of BRICS+
The New player in the game thinks to Goldman Sachs of NYC 2000 idea of BRIC aka now known BRICS+ is build of: Shanghai Cooperation Organization; BIS aka Bank of International Settlement; BRI aka Bridge & Road Investment; the New Development Bank; Asian Infrastructure Investment Bank & CBDC mBridge comparable to USA SWIFT. thks to GS
Hab-dhiska dhaqaale iyo lacagta dollar ku waxay waligeed ba ahayd mid kagu dulmiyo dalalka afrikaan ka ah kagu curyaamiyo dhaqaalahooda Waxaa kale jirey dalal hore lagu burburiyey nidaamka oo ay ka mid tahay ciraaq Proffisor kani wuxuu iska indho tiriyaa wixii caadoododa ahayd weligood samayn jireen wuxuuna ka bilaabaya xiligii trump Maalmihii dollar ku way soo dhamaadeen
What might be better is that the United States produces more of its own oil than ever before. In that sense it is less involved in the politics of other nations.
Money or generally any currency in it's transactive circulation should only be used in it's sacrosanct mission of neutral medium of exchange which should be acidified by turning it a means of punishment or sanctions of any kind whatsover, diplomacy could probably better play that rôle, .....
I thought at first some of these people had understanding of what reality was. Then I started to see flaws in the thinking that was heavily blended with propaganda. By the end, I concluded it was mostly propaganda, with a pinch of thinking outside commonly held beliefs.
Who is the biggest rogue state in the world?
Which regime is not a signatory to the Rome Statue?
Which regime threatened to sanction the ICC despite not signing the Rome Statue?
Which regime is using UNCLOS to claim freedom of navigation despite not ratifying UNCLOS?
Which regime shredded the multi-lateral JCPOA on Iran?
Which regime walked away from the Intermediate-Range Nuclear Forces Treaty?
Which regime walked away from the WHO (and then walked back)?
Which regime did not sign up for the Kyoto Protocol and the Paris Agreement?
Which regime has the most cases with the WTO, and when found guilty decided to hobble the WTO by blocking the appointment of judges to the WTO's Appellate Body?
Which regime passed the "Invasion of The Hague" Act so that it can invade The Netherlands should the ICC decide to prosecute its politicians and soldiers for war crimes?
The list goes on.....
Which is why this regime and its chihuahua vassals are always shouting "rules-based order". This is just the regime's way of not conforming to international laws as embodied in the UN Charter and other multi-lateral institutions as it is the biggest breaker of international laws. Instead the rules base order allows it to cook up some rules (which has never been published) and order the rest of the world to obey. If this regime breaks its own rules, it just ignore the rules and move on.
"First, we take Manhattan, then we take Berlin."
They did. That was a century ago. You know who they are...
Keeve was a recent speedbump. They took Babylondon centuries ago. They've wanted Moscow for centuries. They won't get it.
Europa: The Last Battle.
50¢
LoL - trying to save the Warmongering hegemonic dollar empire from BRIX?
RIP US$...
CCP narrative. Luckily the internet is still not censored by China. Easily see this is misinformation Europe choosesxto rally behind America to stop Putin and Xi
Impressive man! Totally agree! I wish I would be able to keep all that data in my head when u need to present the truth.❤
The world is evolving at breakneck speed. Last fall Huawei announced it was building 7nm chips for their smart phones. Western experts said it would take China five to ten years to catch up to Nvidia. What happened? Only six months later Huawei started mass producing the 5nm Accent 910B AI chip using SAQP manufacturing technology (working with Sicarrier and Naura) . Now remarkably only two months after that announcement Huawei has filed patents for a revolutionary new 3nm chip manufactured using the quadruple patterning technology. The Chinese love a challenge. Its highly doubtful semiconductors are going to be a serious obstacle to Chinese industrial progress.
My same thoughts when the U.S. began the sanction to stop China play.
😂l guessed Mr.Sleeping Joe who took a wrong playbook in deep sleep
technology is the opposite of evolution. Googlescholar "biological annihilation" to learn about what's happening to evolution.
Who owns all these tech companies in China? Do you think that Us and old Chinese politicians are not involved in Chinese tech companies? How can Apple be more valuable than Saudi Aramco? Despite Apple not being an innovative company anymore? Samsung has a far more innovative company and sells more phones and has the bigger market and company. Apple sell old technology and has admittedly more profits by selling to costumers that's locked in their tech bubble. So why the big over valuation?
@@omar7396 Oil giant Saudi Aramco on Wednesday surpassed Apple as the world's most valuable firm. Aramco's market valuation was just under $2.43
im blown away that krugman is clueless that the us moves against wuawei didnt not constitute war by economic moves- stunning he was so out of touch what the heck was he observing for the last decade!!
Sleeping in “BrainWashing and Programming Muds"
Holy crap, Krugman is such a fossil, 20 years out of date. No wonder the NYT loves him.
We can't overlook the way he drinks from the water bottle.
krugman vs friedman
he has to undeplay his knowledge to elevate
And he is a Nobel laureate. The low level that organization can sink to
@@GoloPutkaWhat objections do you have to his model of international trade, @GoloPutka?
I’m astounded. Absolutely astounded. They are giving the introduction with an assumption that the audience does not link together economics, geopolitics, and conflict. I sure hope their audience is smarter than that.
Why do you believe that the USA adheres to any rule of law? We are neither blind nor foolish. The numerous instances of U.S. interference in international infrastructure demonstrate that the USA doesn't honor the rule of law. The Huawei ban, in particular, USA held the world back by five years to compensate for their technological shortcomings. The USA’s behavior resembles that of lawless feudal robber barons. China deeply cares about laws. Look at the Palestine issue. The rest of the world is trying to find a solution within the rules of law and it's the USA and West who are committing genocide breaking all rules of law.
America has multiple reasons why it needs to stop Huawei. First Huawei is taking market share of Cisco, America just doesn't want their domestic champions to decline in revenue. Money is power. Lastly, the global intelligence spying are based using American networking equipment. Backdoors are made on Cisco routers so that FBI and CIA have direct access to the networking gears. American economic interests are threatened by China. China before was just making plastic toys and textiles. It didn't anticipate China to go up the value chain and threaten their profitable business endeavors.
Very interesting
What genocide?
In Gaza@@resurrectingand
Having watched China get loaded from 2003, the 'SARS Epidemic', what we were told is called 'The 2008 Crash' let me counter your claim about the Communists. I point you to Article 2 of the Constitution of the People's Republic of China... And, you're welcome.
Professor Paul Krugman didn't know about what was going on.😳
Now i am less surprised about how less the American public knows about the world.
They know nothing instead they have fear of economical power and military power
Krugman wears loafers because he doesn't know how to tie shoelaces much less what the internet is.
The adversaries are not only developing ways to circumvent the sanctions.
They also take the cue that these "financial weapons" are legitimate ways to apply pressure on the west, now and in the future when they are more and more powerful.
my goodness, you discovered the golden rule
@childsname7294 But the ziomurican west never did
Too late, the world has moved on. Baffling how late they are to geopolitical dynamics. Brics are already discussing programs that are outside western influence
The 2 biggest BRICS members are fighting border skirmishes with sticks
A side issue, drama for the Western media @@Wickbam1985
@@Wickbam1985
...with sticks, literally.😅
But then you missed the context.
@@Wickbam1985That is not preventing them from trading and both anti-US.
And they are right! #amigohome
Russia and China seem to have no problem going around these sanctions. They have done currency swaps with their trade partners and they are engineering their way around technological barriers. Eventually they will become totally independent of US controlled networks
Sure 30% properties bust and Evergrande collapse amongst others didn't seem like a sinking ship 😊
@@ssuwandi3240 Well, do you see any major unrest or protest in China? They are building car assembly plants in Mexico. Their Belt and Road project is still expanding. They have just demonstrated their new stealth fighter. They are taking orders for their home built airliner. Their solar power generation is already equal to their residential power load. They have simply re-financed the evergrande and other builders' defaults by government intervention.
@@ShahryarSaigol you meant you still got no clues thousands of China banks have disappeared?
They will stab your back just like they did to ours. One company that caused the world's whirlwind JEZZ😤😤
@@ShahryarSaigol without the committed West's fully restored trust over 2018 betrayal😤 it's going down slowly like Titanic s sinking . Thousands of banks have disappeared
@@ShahryarSaigol like organized crimes that more and more people have warned all across neighbouring countries?? Absolutely. Shame isn't it.. they betrayed 40, year partnerships. Over bad Intel I guess.
Now they are quoting Yellen, who is a miserable failure. [headslap]
Krugman? Isn’t he a mouthpiece for empire?
Wasn't he supposed to be Hillary's economics adviser if she had won the election. Empire Economist.
Krugman is a Good Cop versus a Bad Cop
Ha. That's exactly what he is, which explains why he received a Nobel price to begin with.
Guys, Huawei is shipping millions of Mate 60 phones with indigenous chips. Working at scale. Case closed.
what do u mean "working at scale" ?
China gdp per capita is on par with poor African countries 😂😂😂
@@tuw2528 China’s GDP grew 5.2% in 2023, USA decline 2.5 GDP 2023. Wow, African are doing much better then the U.S.A. in 2023.... China PRC should continue to support Africa. fact check first !!!
China's Q1 GDP grew 5.3% in the first quarter compare to USA 1.3% GDP of 2024.
Another strew to US. Petrodollar’s dominance agreement U.S. & Saudi Arabia expired June 9, 2024
@@tuw2528Wow, such ignorant comment.
@chriswong9158 true figures are much worse for ccp. You'll only see what they want you to think
And the octopus tentacle known as AIPAC?
Meat of THIS discussion begins at about 11 to 12 minutes.
Fast forwarding...
11:00
@@ManPursueExcellence I thought starting at 11:00 would cause people to dismiss the talk as astrological musings. Having listened to 14:34, I now think it's much worse. Apparently, some pro-american bum of a guest is delivering a scheming narrative to both exculpate America and to better arm America.
@@aaabbb-py5xd 😂
Very interesting
Absolutely not worth watching unless you’ve lived under a rock the past 20 years.
China gdp per capita is on par with poor African countries 😂😂😂
Right
@@tuw252850 years ago maybe
Or, if you've never read the wikipages on Marx or Lenin.
Who lives under a rock?
Those who are AFRAID to hear the truth and run away from it.
What happened to the QUESTION PERIOD? Afraid to face your weaknesses? The 'PETRO-DOLLAR' is history. Your free LUNCH is over.
The real issue with the sanctions that these two are not pointing out is that these sanctions are giving incentive for the rest of the world to reduce their dependence on these US controlled networks. Other countries have seen what these two are talking about for years.
Nordstream sabotage not mentioned? Very odd
Suggests that the speakers are manipulative agents.
@@casteretpollux Even the German leaders are mum about Nordstream!
One should be clear that Globalization by design is to advance the interests and profits of the powerful that is the western multinationals then. And indeed it has. The side effects of this is two folds: first the wealth generated by the Globalization of those multinationals is not distributed to those who lost in the process (namely like those in the rust belt and caused uprising of nationalism); second, those countries used to be poor now are benefited greatly from the Globalization like China. But unlike the benefits largely go to the multinationals in the west, China’s political and economical system enables itself to compete effectively against the west multinationals thus the West’s position at the top of the industrial food chain is challenged and crumbling. So the western multinationals can not make profits as used to and more nationalists demand for change. So what will de-globalization do? The multinationals have no choice but squeeze out more from even poorer countries or from those already unfortunate such as American workers. Economy is economy, it determines the political landscape, not another way around.
Politics of course does affect the economy. It decides where money is spent. Instead of spending trillions on endless wars, it could fund infrastructure building, social and educational /training services to boost local economic activities. Globalisation needs not be the culprit for the plight of American workers if restructuring is more vigorously undertaken.
Very interesting
Bank of International
System exists in Manhattan ? Or did SWIFT replace BIS?
@@Time4PeaceSimultaneously, globalisation has contributed to overproduction. Overproduction is a crisis that drives parties to war. Destruction of productive forces , including working population and factories, ends with (pre nuclear war) the winning state benefitting from post war boom ( and control of natural resources). The US is quite overtly preparing war against China because China is a trade rival and is " overproducing".
Father of MMT, Paul is fundamental part of every policy that went wrong.
But went well for U.S and it's cronies.
An economist who does not know about economic wars/sanctions? Paul Krugman is not relevant anymore, if he ever was! BTW, you should listen to Michael Hudson to find out how ignorant Paul Krugman is.
I prefer to believe to what Professor John J. Mershiemer of the University of Chicago and Prof. Jeffrey Sachs of Harvard and Columbia University are saying, than those speakers above. 🤔🤔🤔
Actually, transcontenental & transoceanic cables are what Huawei does, not what the USA does. These guys are clueless about data com, but it's fun to hear oldsters marveling and the modern world.
It's not age. I'm a 70 year old fine artist and I've known about this stuff for 20 years.
Somebody should tell the moderator that he is exhibiting great disrespect towards the audience by presenting the sole of his shoe to them. And then he wiggles his foot as if to signal the pleasure he is deriving.
Disgusting.
Imagine if he were to put his feet up on the table in front.
This moderator should be restricted to podcasts.
So Krugman was ignorant about SWIFT? 😂😂😂😂😂😂😂😂
Maybe he just patronizing
To assume that we may continue dispensing sanction at what ever rate we want, with impunity, is silly. We are already feeling the consequences of sanctioning 40% of the world population. I am wondering how much more can we squeeze our lower classes before we see their discontent expressed violently within our cities limits, as we did in 60s.
Inside China Business: China isn't dumping dollars, they're dumping banks
USD reserve currency will come to an end in coming years from now.
@@Kingofthehill84 Probably sooner - unless there's a 1933-like Bankruptcy Reorganization for the IMF System, there will be a reverse leveraged blowout of $2 thousand trillion!
@@Kingofthehill84 We are unable to..
The US has too many of these people without any Tech and engineering background to make policy. For any Tech people, there is always a tech solution to these so-called economic weapons. These weapons only work in small states that lack technology depth.
China loves sanctions, which means previous dominant players have given the market share to me. I fixed the problem, I have the market.
U.S. Ministers and Western think tankers are too immersed in money market theory and imperial geo-politics to consider - how to build concordance with the BRICS process, and then put together a New economic Development Architecture, which will benefit all nations!
Are they any tech solution to the US governments god complex and obvious corrupt practices?
It's politic, it does not need technical or logical.
If the political environment is so negative. Any politicians will goes with the flow. Otherwise it will be the end of their careers
@@Dollarrmb-pk6ub Leaders must introduce better policies - to promote prosperity and peace!
Post World War 2,
We are living in the Era of The American Empire,
We are also living in the Era of Neo Colonialism(indirect control),
We are also living in the era of Weasel politicians, who would bow down to anyone with money.
And America is the queen of indirect control.
Once Neo Colonialism collapses Democracies will thrive.
Basically, after the second world war America has been running from third base to fourth base and calling themselves winner of the "world series".
The era of China has begun, though the era of America is not completly lost.
China is strong but not that strong.
America is weak but not that weak.
So, in this contest America will try to use G7 countries China will try to use Brics+ (Iran and Saudi Arabia).
That tells you the era of a multi polar world is upon us.
Whoever controls the middle east controls the world, The Europeans once controlled the middle east so they ruled the world, now America controls the middle east so it controls the world, if the indications are true tomorrow China is going to control the world and global economy because they have forged a relationship with Middle East.
They are the going to be the defacto epicenter of the global economy and trade in the coming years.
Where America has reached in 240 years, China has reached there in 40 years.
Take that American Capitalism!
The name of the game is Capitalism.
"Who knew China (Communist party of China) is going to be so good at it?"
China is winning because USA has allowed it to win because they hate Russia so much, which is the biggest foreign policy blunder in the last 40 years. Socialism with Chinese Characteristics is just a euphemism for Authorotarian capitalism.
China owes "a lot of it's success" to a series of poor foreign policy decision by America (The West) which is to involve China in WTO and shifted evey job from Detroit to Shanghai, Apparently the wonders of capitalism was supposed to make China more "democratic" nither did that happen nor did it drive a wedge between Soviet Russia and China (US specially has this obsession with Russia that one cannot understand). It has created a more powerful China and Russia alliance. Which is extremely hard to counter for the west.
By 2030-32 China is going to become the largest economy in world which is going to be a massive change in the world and if it's goes really bad for US and it collapses (40 years after the Soviet Empire collapsed) then we might be ushered into a new era.
There is nothing as soft power, there is hard power and everything flows from there.
That's true for American Empire, Russia, China and the British Empire.
In America the political parties change but the policies don't change,
In China the political party don't change but the policies change all the time. Till America doesn't change course it is in for a rough ride for the next couple of decades.
The current election in America between Joe Biden and Trump might be the most inconsequential elections in American history. The next president will stay in power till 2028 and next election will be on 2032. By 2030-32 China might become the biggest economy in the world.
We are moving into the era of China. By 2030-32 China is going to be the largest economy in the world and then we are going to move into a new era, that would be the era of *Authoritarian Capitalism*.
China calls it's system "Socialism with Chinese Characteristics" it's basically code to *"Authoritarian capitalism"*, it's the same systems that Qatar, Saudi Arabia and UAE have which is also *"AUTHORITARIAN CAPITALISM"* built on the back of *KAFALA SYSTEM*, which is using cheap (slave) labour to built, thier nation state while whitewashing the country' image through media and sports washing. (Paying David Beckham 270 million dollars while playing the migrants workers pennis in worst working conditions)
Before the world wars we were living in the era of European Empires under *EUROPEAN COLONIALISM* where the European Powers captured territories in half the world and milked it's resources for thier fiefdoms. In the era of colonialism Britian, France, Germany, Netherlands, Belgium, Portugal, Spain and Turkey used to have direct control over thier territorirs they conquered.
Right now we are living in the era of the American Empire, which is a *NEOCOLONIALISM* era, and America is the Queen of indirect control.
America doesn't control anything directly but controls everything indirectly. (WTO, NATO, IMF, Media, Information Technology, Military Bases, Military Hardware Exports, Dollar, Petro Dollar, Swift payment system, Shipping lanes etc).
That is about to change once China becomes number 1. Whether you like China or hate China, or whether you like America or hate America, you have to agree that once China becomes number 1 that's a new situation, Most people cannot see a new situation till it hits them, and not everyone is paying attention to it, not everyone has a plan for how they'll deal with it.
Once United States became number 1 after the world war, and replaced The British Empire as the dominant force, they did a couple of things like signing a deal with one of largest oil producer Saudi Arabia and created a system of Petro Dollar and has had a bunch of Wars or tried to establish puppet regimes in Iran, Iraq, Libya, Syria, Kuwait, UAE, Egypt, Qatar with Saudi Arabia to establish control over the most important Energy resources to control and maintain it's influence over the rest of the world.
If you look at what China is doing, They already have 30 year deals for Oil deal with Russia and Iran, And now Saudis are also willing to take payments in Chinese Yuan for Oil purchases. They have already set the table for how they are going to operate in this new era, they have been very proactive about how they see this "NEW WORLD" and not everyone has woken up to this reality including the Americans.
Most people cannot see a new situation till it hits them.
It will not be any European statesman who will unite europe, Europe will be united by China: Charles De Gaulle
Without China's demand, no matter how high tech US chips might be, they will be of little financial value. This day is approaching.
No. The speed of data transmission over fiber optics is dependent on the duration of the on and off pulses of light that comprise the 0's and 1's of binary code. This duration is a function of the transmitting and receiving electronics and the fiber characteristics. It is fast, but not "instantaneous". Watch the download bar creep across your screen some time. It does take time and "bandwidth" to transmit and receive data. That's why multiple fibers in fiber optic cables are a thing. That is how bandwidth is increased.
Thank you. We intuitively know this ( apart from this panel ) but it's neat to have it explained.
The USA/Washington DC has always fought wars to create systemic disunity/division somewhere else on the planet, for own systemic gains, using a variety of means at its disposal (power). The only wars it has ever fought in history on the own continent (North America), was to create systemic unity/gain for itself.
This is the theory.
According to the scientific process, these proclaimed "rules" must now be countered, by trying to find exceptions to these two rules.
According to the concept of "meaning of words" all exceptions to the rules which have been proclaimed, must be questioned: does this war for which the foundation was lain, or the war which was instigated, not avoided, "false flagged" into being, funded/supported, goaded, or declared, lead to disunity in another region of the planet (another continent). The theory, as stated by the words used, is not interested in anything else. It can either be falsified or it cannot.
-------------------------------------
"The primordial interest of the United States - over which for a century we have fought wars (the first, second, and Cold War) - has been the relationship between Germany and Russia. Because united they are the only force that could threaten us. And to make sure that that doesn't happen. Therefore, it's not an accident that General Hodges, who's been appointed to be blamed for all of this, is talking about pre-positioning troops in Romania, Bulgaria, Poland, and the Baltics. This is the intermarium from the Black Sea to the Baltic that Pilsudski (edit: post-WW1 Polish dream of power in the wake of Russian and German weakness) dreamt of. This is this is the solution for the United States. ... For the United States: The primordial fear is German technology, German capital, and Russian natural resources, Russian manpower as the only combination that has for centuries scared the hell out of the United States. So how does this play out? Well, the US has already put its cards on the table. It is the line from the Baltics to the Black Sea." - George Friedman, Stratfor, Feb 2015
Yes, that has always been the aim of the naval powers, Great Britain and the USA.
That includes this current war in the Ukraine" which was *not avoided* (grand strategy) by the USA/NATO even if it could have been avoided by very simple diplomatic means around the year 2000 (with a signed comprehensive European security agreement which incl. Russia).
Several historians like Richard Overy (GB) and Daniele Ganser (Switzerland) have continuously and conclusively come to this conclusion, which is that imperialism were the root causes of all European wars, as based on the study of historical data. It is not a "conspiracy theory." That IS the premier priority of the powers not IN Eurasia, and still is.
Here are the critical questions.
If that is the realization, then HOW were the naval powers going to implement such continental Eurasian/European division?
How were, both currently and historically, London and Washington DC going to (quote) "make sure that that doesn't happen"?
Answer: Proactively implement the "divide and rule"-technique of power.
In a nutshell: Implement and fund delusional propaganda games. Nothing of substance, with the implemented events often the exact opposite of the the loudly proclaimed "values". In the background, keep other systems either down or out of the own systems of gain and luxury life (50% for us, the minority), on ALL tiers, often by force, coercian, or at gunpoint, if it cannot be bought or corrupted, all accompanied by continuous flurry of words without meaning, spread by the exact systems which gain from keeping everything the way it is (a "divide and rule"-setup of the world).
That is the "divide and rule"-strategy of politics (or the associated divide then gain/control technique of power).
It is to create confusion, which can be exploited.
To anyone paying attention to geo-politcal events over the past 10 years and being famiiiar with Michael Hudson master thesis and book, Super-imperialism, this lecture appears to be late in coming advice and old news! This lecture should have been given to each successive Administration since 2000s advising them of the limits of Financial Sanctions and the dangers of imperial hubris!
Looking forward to learning:
1) Why did America do it?
2) What were the better alternatives?
3) What were the reasons why America chose to do what it did?
4) Why did it not choose any alternative?
5) Who were the key decision makers and influences?
6) Were these decision makers and influencers honest benevolent for all in this world or just their own interests
“Rule of law” .???😂😂😂😂😂😂ah hahahaha
To be sure, the cold war etc should be considered as economic in nature.
It began because of Idealism,
ended in Debt.
Taking about when and when not to use the structures of government to imposed sanctions on nations is what has brought us to this critical point. These people are still trying to manipulate the audience. I wish they would read the comments to find out people are more educated than they think on the subject. There are enough resources for everyone. The problem only a very few want to have control over it. It is called greedy to say nicely!
Brilliant work, and Kudos to you for using academic platforms to raise these very important issues. Somehow the body politic has become excommunicated from the actual practical thought input into the how of how our societies run, and the processes of ensuring that residents are already incorporated in the economy of their homes' progress and development.
I love it...
"the Plumbing has become political and that you really need to understand all of these dense systems in order to really see where the politics are actually happening…"
42:00 How well can China build to World Market Place: ask NASA, how's the Tiangong space station doing !!!
That was right after the Wolf Amendment Act of 2011. Tiangong fully operation in 2022.
39:00 HOW OLD is this "conversation" ??? Huawei has surpass 5G technology and now offer Worldwide, now in Middle East, ASEAN, Global South, Africa, even South America.... Huawei 6G technology is working in-house with China's space station. Huawei is the number one supplier of Communication Worldwide, even Germany is getting more Huawei. There is no secret in China manufacturing, is just Sales, Sales, Sales... In meantime USA is still operating at 3G/4G.
To better understand how extensive and powerful is the network, I would suggest our friends to read the effort and influences behind the referandum of Brexit.
Cambridge Analytica scam?
@@casteretpollux yes
@@casteretpollux That Cambridge Analytica was founded by Steve Bannon explains their ethos. They specialised in creating many types of customised internet ads, carefully designed to appeal to different psychologies and hidden from general view, with a loose relationship to the truth.
Is anyone going to discuss whether the US and the West has a right to be such an egemon?
😅😂 54:37 So in summation:
1. The US government is in risk of overreaching by overly exploiting the Global financial Market and other Global systems that it “shepherds” on the basis of “National Security.”
2. Several notable nations around the world have started divesting from the US economic infrastructure, and have actively begun taking measures to mitigate US Governmental influence and counteract the power of the US monetary system……But the Dollar 💵 is fine..the dollar will be fine.😅
Ok then, I guess I’ll just ignore the following events bellow and carry on believing my retirement is in no “foreseeable” danger ⛔️ ⚠️🤞:
- BRICS’ sudden urge to integrate & develop the SWIFT alternative called SPFS, in the aftermath of our heavy sanctions on Russian Banking System and the seizing of their financial assets.
- Saudi Arabia ditching US Petro-dollar after nearly 50yrs and opting to trade in Euros, Yuan, Ruble & etc.
- The 40 or so countries lining up to join BRICS, & who will be attending the Russia summit this year in October.
- The Gulf-states/ heavyweights joining or gravitating towards the Shanghai Cooperation Organization (including Iran, Afghanistan and now our “esteemed ally” Saudi Arabia).
- The European Union (notably France) welcoming “the return of multipolarity,” expressed during a state visit to China.
- The 130 country representatives that attended the St Petersburg International Economic Forum (in spite of the way our news media make it appear as though Russia is completely isolated).
- BRICS now represent roughly 37% of Global GDP and 45% of global population, compared to the G7’s 30% GDP and 10% of global population.
I’m sure everything is fine, everything is just fine.😳😳😱😱😶😶
With the US producing 13 million barrels of oil per day there are far fewer US purchases of Saudi oil than in the past, ergo not much need for Saudi Arabia to take dollars, or for a similar domestic production reason, to take rubles. It makes perfect sense for Saudi Arabia to deal primarily in Asian currencies, and, less so, Euros, that is, the currencies of its primary customers. This is a result of the oil independence of Russia and the United States. I'm not seeing what the loss is for the US on this point.
I could have saved 1 hour 10 minutes. Next time I will read comments section first. Thank you very much for summing up.
Spot on!
If a certain country's political class were receptive of their theses, the world would be relatively more stable right now.
I.e., these guys are pretty much full of bologna.
All Empires only have a limited time to rule history have proved that over and over again and the time has come for a just new world order .The world will be ruled by a Multipolar world where the future generations will benefit. God bless the human race. 🙏
I’m suprised that he said they didn’t think of economic and security together before , it’s always been like that to the people in mainstreet
Funny that you invited Krugman given his comments about the internet in 1998. “By 2005 or so, it will become clear that the Internet’s impact on the economy has been no greater than the fax machine’s.”
Now let's Change it instead of re-hashing it??
Polyvagal theory: when you have no economoc means to meet your desires and needs you resort to a kinetic (fight) reslonse
What USA gains by maintaining global primacy vs. investing in infrastructure and its own people's welfare?
The casualties are often well educated men/woman who get targeted by sanctions.
Has horse not already left the barn due to US hubris?
All three focused on how to dominate the world based on historical position against the new world emerging countries, however they arrogantly failed to address the decline of productivity, innovation in the US itself to the extent that they are now trailing many new world countries by decades. Reaching the top is difficult but remaining on top requires continuous efforts and dedication, not just trying to stop or slow down others. The empire has already declined and continuous to do so. Looking at it's supposingly top thinkers assures that as well.
This is an essential step for NYC growth and markets. Key is Hyperledger in NYC. Its better to promote developing stronger partners who were left in dire circumstances in the cold war.
Very interesting
Sanctions implying "costs" resulting in an opportunity for the sanctioned to invest toward solutions that work for them? Is that really what we want to do to preserve or promote US interests? Short-sighted decision-making can become nefast to our long-term interests. Decision proposals need to be studied further as to the hypothetically different responses that could ensue before taking them. I think the only way we'll get back on track is by bringing our "made in USA" back, in other words, increasing production and manufacturing using technology. The cost of labor was the competitive advantage to some other nations but now through robotics and AGI, we can start producing back in the USA.
Great convo.
Those people need more education and open their eyed to read what independant media is saying in the world
I thought this would be interesting, based on the title. Not awful, but really unprepared with current reality
Bolivia’s currency is “Boliviano” not Bolivar.
So: The US provides enormously valuable financial services internationally. The US could decide to withhold these services from countries, like Russia, under extreme circumstances. (Isn't this old news?)
Seriously, these guys are out of date. Simple fact.
why only NOW making this kind of video which was supposed to be a decade ago ?
When these guys switch into politics my eye balls start to roll, especially when they talk about what is in President Putins head, what he thinks, what he wants. How does he know? Is he a mind reader?
…BTW… that old helikopter that went down in Iran was a an old American Bell. The two helikopter that made it safe through the fog were Russian
Maybe the US is actively seeking kinetic responses from Russia and China, so ww3 can readdress wealth distribution besides eyeing for the Chinese and Russan owned properties and sovereign debt😂
The world has become a board game in which:
USA is playing Checkers, thinking 1 move ahead.
Russia is playing Chess, thinking 5 moves ahead.
China is playing Go (Weiqi 围棋), thinking 10 moves ahead.
Poker
If the US systematically abused its influence over global finance, the developed democracies (EU, UK, Australia, Canada, Japan, S. Korea, Taiwan, Israel) would have developed an alternative financial system.
"America" is not a country!
...it is actually the name of our CONTINENT... having 35 sovereign countries and over one billion people! Many American countries are over 100 years older the even Jamestown (our oldest US city). Many Europeans became accustomed to emigrate to North and South America as they sought greater opportunity and freedom. The United States as well as Mexico, Brazil, Argentina, etc. Welcomed millions of Europeans over hundreds of years. During WWII, many Canadians and Unitedstadians plus a smaller amount of Latin Americans were the AMERICANS that helped the Europeans fight against Hitler. The United States does not own America, nor do they speak for the interests of all Americans! Stop this name ignorance!!! I love my country, USA!!! What to call the fine people of the USA? South Americans call us UNITEDSTADIANS! I agree with that!
With great power comes great responsibility.
Its a book launch 😂😂😂
Haha. I thought it was a retirement do. But you're right. And not just any book. A wanna-be best seller.
What to see the New World of Commerce: October 2024, in Kazan Russia, call: BRICS+ 2024 Summit.
They will detail the new members of BRICS+, new banking system, new loan payment system worldwide option choice.
One Country can choose to or can just stay with the IMF, SWIFT and World Bank system.
No New World Order, but peace thru Commerce.
Krugman seems biased rather than being devils advocate to bring our richness….hmm
Has Krugman ever made and correct predictions?
The laws of physics and thermodynamics are available to any nation with the human and material resources to use them. The arrogance and hubris of America's warmongering political leaders is increasingly leading to backlash among the 7.7 billion humans outside of the 332 million Americans behind the overwhelming majority of the violence cruelty and endless militarism. Our leading exports are weapons of death and flammable fossils fuels. Both of which are now threatening WW3 and a slow death by climate change. State Department today a wholly owned subsidiary of the Pentagon and its operators the corporate Warfare Queens who NEVER lose a contract. We must have PEACE. Diplomacy must become our leading way to negotiations.
Good riddance to our corrupt government being on top.
The blind optimism about the dollar, most people understand the privilege and don’t want to be exploited, it’s not about alternatives that are valuable, it’s about life and death, keep being obnoxious
I'm failing to see the exploitation. Are the US and EU exploiting Russia in imposing economic sanctions as a response to Russia's brutal war of aggression against Ukraine?
Obama said you all now to help US to continue policing, however it is more logical to help Trumpists to make americans happy reducing the policing burden
If the USA invented the internet one would reasonably expect the USA to maintain control of its project
Doesn't matter if the rest of the world uses it or not!
That is hilarious. You have heard of " the world wide web"?
@@casteretpollux yes invented by the US military and supporting US bases all over the world, who would have guessed eh? Pretty similar story with the smart phone, US military invention but commercialized by the private sector. Do your reseach!
36:00 The idea of US sanctioning specific product in a supplies chain is none exist, for "Option" ring in the chain whom use to supply 10%, will now carry 90% of said supplies chains need, thanks again to USA support of BRICS+
Interesting thoughts.
Money is the Ruller of all EVIL.... WHO HAS THE MOST POWER IS THE MOST EVIL!!!
recorded in 2024 but the video color say otherwise
Good lord. They are so behind in figuring out how the world works.
Why invite Paul Krugman to this event? He's a neoliberal to the core.
Fabulous 👏
The New player in the game thinks to Goldman Sachs of NYC 2000 idea of BRIC aka now known BRICS+ is build of:
Shanghai Cooperation Organization; BIS aka Bank of International Settlement; BRI aka Bridge & Road Investment; the New Development Bank; Asian Infrastructure Investment Bank & CBDC mBridge comparable to USA SWIFT. thks to GS
We have all the rules in place now, we just don’t follow them.
13:00 US Sanction: The Sanction enemy of my Sanction enemy is my friend.
Hey, look - it's Boris Johnson!
Hab-dhiska dhaqaale iyo lacagta dollar ku waxay waligeed ba ahayd mid kagu dulmiyo dalalka afrikaan ka ah kagu curyaamiyo dhaqaalahooda
Waxaa kale jirey dalal hore lagu burburiyey nidaamka oo ay ka mid tahay ciraaq
Proffisor kani wuxuu iska indho tiriyaa wixii caadoododa ahayd weligood samayn jireen wuxuuna ka bilaabaya xiligii trump
Maalmihii dollar ku way soo dhamaadeen
What might be better is that the United States produces more of its own oil than ever before. In that sense it is less involved in the politics of other nations.
@@timtrewyn453more, but poorer quality and expensive
Yes, it was all our fault. Medieval Europe had nothing to do with it. Would you rather we use nukes?
Very interesting
I didnt realize
Money or generally any currency in it's transactive circulation should only be used in it's sacrosanct mission of neutral medium of exchange which should be acidified by turning it a means of punishment or sanctions of any kind whatsover, diplomacy could probably better play that rôle, .....
I thought at first some of these people had understanding of what reality was. Then I started to see flaws in the thinking that was heavily blended with propaganda. By the end, I concluded it was mostly propaganda, with a pinch of thinking outside commonly held beliefs.
Sir i am Your working team 👀ok i know do something scene but i am request to only good A FREAND BASIS need 👉🇧🇩💝👨
good
U guys missed on bitcoin
So there have been reactions to Gobalizagion. Of course. Wait. See what prevails.
Living in the abyss of ignorance, yet wise in their own conceit, the deluded go round and round, like the blind led by the blind. Upanishads
34:00 ya ai isn't a major factor in military operations. It's just to protect U.S hegemony.
Do Not Deceive the masses, Huawei is the leader in 5G technology not only the most Value for Money