logo
episode-header-image
Sep 2023
33 m

A huge debt crisis is coming

Ben Norton
About this episode
Around the world, debt is skyrocketing - and rising interest rates are making it unsustainable. In this first part, Ben Norton discusses the impending crisis in the United States, before explaining in part two how Wall Street traps the Global South in debt. VIDEO: https://youtube.com/watch?v=Ib3QOBbQR2g US government bailout of Silicon Valley and banks is ... Show More
Up next
Aug 23
How does China's system really work? This famous Chinese professor explains
How do China's government, political system, and socialist market economy actually work? How does China see democracy, the USA, and Donald Trump's trade war? Renowned Chinese scholar Zhang Weiwei explains the China model in this interview with Ben Norton. VIDEO with subtitles her ... Show More
29m 49s
Aug 20
What drives US politics and the new cold war on China? Monopolies
One of the main goals of the US political and economic system is to protect corporate monopolies. Silicon Valley Big Tech corporations fear Chinese competitors, so the US government is trying to ban them. Political economist Ben Norton explains how imperialism works, and what dri ... Show More
52m 32s
Aug 16
Trump's tariffs backfire: India moves closer to China, strengthening BRICS unity
The US government has tried for years to recruit India for its new cold war on China, but Donald Trump's aggressive tariffs have backfired, encouraging New Delhi to improve its relations with Beijing, strengthening unity in BRICS. Political economist Ben Norton explains the compl ... Show More
45m 32s
Recommended Episodes
Mar 2023
Why the Banking Crisis Isn’t Over Yet
In the past week, as spooked customers frantically withdrew $42 billion from Silicon Valley Bank, the U.S. government stepped in to craft a rescue operation for the failed lender.But efforts to contain the crisis have met resistance, and the fallout of the collapse has already sp ... Show More
29m 4s
Apr 2023
First Republic Teeters, Wages Rise
Federal regulators dissected Silicon Valley and Signature banks today, delivering post-mortems on last month’s banking crisis. But on Wall Street, the crisis is far from over, with shares of First Republic Bank plummeting amid fears it could go into receivership. CNN Political Di ... Show More
8m 12s
Mar 2023
What Does The Collapse of Silicon Valley Bank Mean For Your Money?
The biggest bank failure since the 2008 financial crisis is stoking fears of a larger financial meltdown across regional US banks. Silicon Valley Bank, a key lender for startups and the tech industry, collapsed last week. As regulators take over, many people around the country ar ... Show More
21m 31s
Mar 2020
Why This Recession Will Be Different
In past financial crises, central banks across the world developed a time-tested tool kit to rescue national economies. So why don’t previous interventions seem to be working this time? Guest: Peter S. Goodman, who writes about the economy for The New York Times. For more informa ... Show More
24m 34s
Apr 2022
Money Talks: Breaking the bank? Part two
Thirty years ago, rich-world central banks started winning the fight against inflation. More recently, they have begun to fight new battles, including against climate change or inequality. As the old enemy of inflation returns, in this two-part series, host Soumaya Keynes asks if ... Show More
34m 44s
Mar 2023
Biden pledges 'whatever is needed' amid bank fears
Stocks in some US banks have continued to fall, despite President Biden's attempt to reassure Americans their money is safe after the collapse of Silicon Valley Bank. At one point shares in Western Alliance fell by 80%. Another bank First Republic was down by 75%. Earlier, Mr Bid ... Show More
47m 45s
Apr 2022
Money Talks: Breaking the bank? Part two
Thirty years ago, rich-world central banks started winning the fight against inflation. More recently, they have begun to fight new battles, including against climate change or inequality. As the old enemy of inflation returns, in this two-part series, host Soumaya Keynes asks if ... Show More
34m 44s
May 2022
Money Talks: The next recession
Since 1900, the global economy has fallen into a recession about once a decade on average. In 2020, the world experienced the deepest downturn since the second world war. Just two years on, is another recession on the way? This week, hosts Soumaya Keynes and Mike Bird focus on th ... Show More
39m 34s
Oct 2021
America’s Debt has Come Down to Politics
The clock is ticking for Congress to raise or suspend the debt limit. Otherwise, the US will default on its debt for the first time in history. CNN Political Director David Chalian explains the impact this would have on the country and the political factors at play. President Joe ... Show More
7m 54s