Geopolitical Economy Hour

Trump’s China Trip Was A Disaster — And It’s Getting Worse | Michael Hudson And Radhika Desai

39 min · 19. maj 2026
episode Trump’s China Trip Was A Disaster — And It’s Getting Worse | Michael Hudson And Radhika Desai cover

Beskrivelse

Trump had hoped to go there in triumph after an easy victory over Iran. He actually went there in despair, hoping for China’s help in cleaning up the mess he made there. Last year, he had hoped to cow China into submission with his tariffs, only to push himself in a submissive position. In Beijing, the very tone of his comments – what a great leader Xi is, how wonderful China, is, how well he gets on with everyone, and how the US and China are going to have a ‘fantastic future together’ shows that for all his grandiose plans to project US power, he has ended exactly where China wanted him, having to accept parity with China. How else did he manage to expose the reduction of US power in Beijing? Given that the meeting was initiated by the Chinese, how well did they realise what they wanted? Who budged or blinked on all the major issues: tariffs, investment, Hormuz, Taiwan, Iran’s nuclear programme? How will this summit re-shape the contest between China and the US that has shaped the 21st century? Will the retinue of CEO’s that went there get what they want? Where will it leave the Iran war? and, above all, where will it leave the world which the Trump regime, shall we call it that, has landed in chaos of one sort or another since Trump’s election, let alone his inauguration….. With me to discuss all this is the most regular of regulars, Professor Michael Hudson.

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Alle episoder

16 episoder

episode The West Couldn't Break North Korea And Now They're Afraid | Keith Bennett and Radhika Desai cover

The West Couldn't Break North Korea And Now They're Afraid | Keith Bennett and Radhika Desai

President Xi Jinping followed up his summits with Presidents Putin and Trump with his first foreign trip of the year. The destination – North Korea, or the Democratic People’s Republic of Korea, a nation of some 26 million normally portrayed in the Western media as a dangerously authoritarian state, an economic basket case, worthy of attention only for its nuclear weapons – may seem a surprise to many. However, as veteran Korea observer, Keith Bennett and Radhika Desai discuss, neither the destination nor the timing should surprise anyone with a sense of the intertwined histories of the Chinese and Korean revolutions (not to mention the Soviet) and the continuing cooperation between the two countries, founded on socialist solidarity. Nor should it surprise them that, amid the chaos unleashed on the world by a declining West, China and North Korea are quietly renewing their relations for a new phase of history, and their common history. Keith and Radhika discuss the socialist foundations of one of the most enduring international relationships of the modern era, the myths Western journalists and scholars perpetuate about North Korea, and the unexpected twist the matter of Korean reunification has taken.

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episode How Can a $1.5 Trillion Military Keep Losing? | US Military Analysis By KJ Noh & Radhika Desai cover

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Is the US military worth the $1.5 trillion being spent on it? President Biden called the US militarily ‘the most powerful nation in the history of the world.’ On the campaign trail Kamala Harriss called it the ‘strongest most lethal fighting force in the world. President Trump has called it ‘the strongest military on the face of the earth’. Events, however, have belied this cross-party consensus. The Iran is clearly failing. The international relations specialist Stephen Walt today called on Trump to ‘just admit defeat’. And this most recent failure is not an exception. The ignominious defeat in Afghanistan recalled that in Vietnam, Iraq became a quagmire within a couple of years. Apart from overrunning tiny countries like Grenada and Panama, the US has no military successes to name. Before Vietnam, Korea ended in stalemate. How can such an astronomically expensive military fail so abysmally? That is the question I discuss with K J Noh, the superbly informed scholar, journalist and activist with a knack for excellent analogies…..

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episode The End of NATO? The West Is Splitting Over War and Empire | Interview With Werner Rügemer cover

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The relationship between the United States and Europe is often portrayed as a partnership of equals. But has Europe instead become subordinate to American financial, political and military power? In this interview, German left-wing intellectual Werner Rügemer examines the historical foundations of U.S. dominance over Europe, drawing on his book Fatal Friendship: How the USA Conquered Europe. The conversation explores Wall Street’s role in reshaping Europe after the world wars, the growing influence of firms like BlackRock and Vanguard over European capitalism, NATO and EU expansion, the confrontation with China, and the deeper crisis of the transatlantic order. At a moment of intensifying geopolitical conflict and economic instability, this discussion asks whether Europe still acts in its own interests or increasingly in Washington’s.

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