The US economy depends on an unsustainable stock market bubble driven by AI companies that are almost all losing money. Nvidia seems healthier, but serious red flags explain why its stock price is extremely volatile, and why its market capitalization dropped $600 billion in just one day. Ben Norton explains.
VIDEO: https://www.youtube.com/watch?v=JAZqYQBwWNY
Topics
0:00 AI bubble & Nvidia
2:40 Magnificent Seven (Mag7) Big Tech stocks
4:01 US GDP growth depends on AI capex
5:01 AI circular financing scheme
6:28 OpenAI is losing money, but owes $1.4 trillion
7:38 Nvidia profits rise in earnings report
9:27 US investor madness
12:04 China challenges Nvidia's chip monopoly
13:43 Crazy volatility in Nvidia stock
15:08 CEO Jensen Huang's private comments
17:11 $600 billion drop in one day
18:13 Four customers make up 61% of Nvidia revenue
20:25 IOUs: Nvidia's accounts receivable rises
21:43 GPU demand? Nvidia inventories surge
22:37 S&P 500 falls $2 trillion in 5 hours
24:12 US economy built on financial house of cards
26:13 Markets can remain irrational...
27:01 Dangers of a recession or depression
28:13 Outro
All content for Geopolitical Economy Report is the property of Ben Norton and is served directly from their servers
with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
The US economy depends on an unsustainable stock market bubble driven by AI companies that are almost all losing money. Nvidia seems healthier, but serious red flags explain why its stock price is extremely volatile, and why its market capitalization dropped $600 billion in just one day. Ben Norton explains.
VIDEO: https://www.youtube.com/watch?v=JAZqYQBwWNY
Topics
0:00 AI bubble & Nvidia
2:40 Magnificent Seven (Mag7) Big Tech stocks
4:01 US GDP growth depends on AI capex
5:01 AI circular financing scheme
6:28 OpenAI is losing money, but owes $1.4 trillion
7:38 Nvidia profits rise in earnings report
9:27 US investor madness
12:04 China challenges Nvidia's chip monopoly
13:43 Crazy volatility in Nvidia stock
15:08 CEO Jensen Huang's private comments
17:11 $600 billion drop in one day
18:13 Four customers make up 61% of Nvidia revenue
20:25 IOUs: Nvidia's accounts receivable rises
21:43 GPU demand? Nvidia inventories surge
22:37 S&P 500 falls $2 trillion in 5 hours
24:12 US economy built on financial house of cards
26:13 Markets can remain irrational...
27:01 Dangers of a recession or depression
28:13 Outro
Trump's war on oil-rich Venezuela is based on lies: The real reasons why USA wants regime change
Geopolitical Economy Report
49 minutes 30 seconds
2 months ago
Trump's war on oil-rich Venezuela is based on lies: The real reasons why USA wants regime change
The US government has waged economic war on Venezuela for years. The Donald Trump administration is escalating this with threats of military intervention. Ben Norton discusses the history of sanctions and US-backed coup attempts against President Nicolás Maduro, explaining why Washington wants to topple this ally of China, Russia, and Iran, so US oil corporations can exploit the South American nation's natural resources.
VIDEO: https://www.youtube.com/watch?v=zU17g3DXwiY
Check out our related video on how the US government supports drug traffickers in Latin America: https://www.youtube.com/watch?v=JwCducQ8HHw
Topics
0:00 US-backed coups in Latin America
1:32 US economic war on Cuba
2:15 Venezuela's alliance with China & Russia
3:12 Dedollarization
4:17 Petrodollar system
5:45 US military threatens Venezuela
7:53 Drug production
8:37 US-backed drug trafficker in Colombia
9:24 US-backed drug trafficker in Ecuador
11:35 Fentanyl
12:52 UN data on drugs
13:39 Marco Rubio opposes international law
14:58 (CLIP) Marco Rubio attacks UN
15:42 "Cartel de los Soles" doesn't exist
16:32 Colombia's President Gustavo Petro
17:27 US-backed coup in Venezuela in 2002
18:53 Guarimbas: coup attempts in 2014 & 2017
19:28 Obama dubs Venezuela "threat"
19:54 US economic war & sanctions
21:16 Oil exports
22:16 US collapses Venezuela's oil industry
23:24 Coup attempt with Juan Guaidó in 2019
24:09 (CLIP) John Bolton boasts of coup
24:59 Trump admin discussed military attacks
26:02 Failed invasion in 2020: Operation Gideon
28:41 Bolivarian Revolution
30:25 Marco Rubio's drug lies
31:46 US bounty on Maduro's head
33:27 Scholar: "Cartel of the Suns" doesn't exist
35:10 US invasion of Panama in 1989
36:19 US turned against Saddam Hussein
36:52 Coup strategy
37:34 US intel debunks Trump admin's drug lies
39:49 Tattoos as "proof" of cartel membership
41:17 Juan Guaidó worked with drug cartels
43:06 Guaidó gang's corruption
43:52 US empire's puppets in Latin America
44:51 Colonialist Monroe Doctrine
45:46 (CLIP) John Bolton on Venezuela's oil
46:53 Trump wants Venezuela's oil
47:52 Goals of US empire
49:16 Outro
Geopolitical Economy Report
The US economy depends on an unsustainable stock market bubble driven by AI companies that are almost all losing money. Nvidia seems healthier, but serious red flags explain why its stock price is extremely volatile, and why its market capitalization dropped $600 billion in just one day. Ben Norton explains.
VIDEO: https://www.youtube.com/watch?v=JAZqYQBwWNY
Topics
0:00 AI bubble & Nvidia
2:40 Magnificent Seven (Mag7) Big Tech stocks
4:01 US GDP growth depends on AI capex
5:01 AI circular financing scheme
6:28 OpenAI is losing money, but owes $1.4 trillion
7:38 Nvidia profits rise in earnings report
9:27 US investor madness
12:04 China challenges Nvidia's chip monopoly
13:43 Crazy volatility in Nvidia stock
15:08 CEO Jensen Huang's private comments
17:11 $600 billion drop in one day
18:13 Four customers make up 61% of Nvidia revenue
20:25 IOUs: Nvidia's accounts receivable rises
21:43 GPU demand? Nvidia inventories surge
22:37 S&P 500 falls $2 trillion in 5 hours
24:12 US economy built on financial house of cards
26:13 Markets can remain irrational...
27:01 Dangers of a recession or depression
28:13 Outro
