Ben Norton

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@BenjaminNorton

Journalist, political economist, editor of Geopolitical Economy Report || Videos: youtube.com/@GeopoliticalE… || Articles: GeopoliticalEconomy.Report

GeopoliticalEconomy.com Joined September 2012

752 Following 349K Followers 100K Posts

Latest posts 5

Ben Norton @BenjaminNorton 5d

Paraguay's corrupt right-wing President Santiago Peña was a close US ally.

He oversaw the creation of a digital bank called Ueno Bank, which his government heavily promoted. Two-thirds of Paraguayans used the bank.

It turned out to be a massive scheme. The bank gave out many fraudulent loans and is probably insolvent.

When this scandal was exposed, the bank froze access to customer funds, paralyzing the country's economy.

Peña resigned mere minutes before lawmakers voted to impeach him.

Arrest orders have been issued for the bank executives.

The New York Times Verified account @nytimes 5d

Breaking News: Paraguay’s president resigned after a bank with ties to his administration went under, leaving half the country without access to their money. nyti.ms/4kzsDUy
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Ben Norton @BenjaminNorton 5d

The New York Times reveals that Brazil's failed far-right presidential candidate Flávio Bolsonaro fled multiple criminal investigations and traveled to Miami, Florida with direct help from the US and Argentine governments.

A White House official arranged his private plane.

Trump personally gave him entry into the United States.

A top advisor to Argentina's right-wing President Javier Milei met Bolsonaro at the airport.

Source: nytimes.com/2026/11/05/wor…

Ben Norton @BenjaminNorton Nov 4

Actually existing right-wing "populism":

"If they touch the world's richest oligarch (the first trillionaire in history), it's absolute war".

Right-wing populism is just inverted identity politics, which tries to convince people rich corporate oligarchs are the oppressed.

Beff (e/acc) Verified account @beffjezos Nov 4

If they fucking touch Elon it's absolute war.
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Ben Norton @BenjaminNorton Nov 4

The victory of Abdul El-Sayed in the Senate race in Michigan is extremely important and symbolic.

Abdul ran a strong anti-war campaign, constantly (and correctly) linking the US war against Iran to the rising cost of living and high gasoline and food prices. He emphasized that that money should be spent on social programs, not war.

Abdul also staunchly supported Palestine and refused to give in to relentless attacks by pro-Israel groups. Trump and the Republicans desperately resorted to extreme Islamophobia and racism, smearing him as a "terrorist". And it didn't work.

This victory further demonstrates that wars and Israel are now absolutely toxic issues in US politics.

Ben Norton Verified account @BenjaminNorton Nov 4

The only reason Trump won the 2024 election is because the Biden-Harris administration was very unpopular and he deceived Americans into believing two main things:
1, he would bring down prices, following sky-high inflation; and
2, he would stop waging wars.

Trump blatantly lied about both.

Inflation in the US keeps rising. Gasoline prices have skyrocketed (due to Trump's wars). Food is expensive. Housing costs are out of control. Healthcare is a disaster. But Trump only cares about the stock market and AI data centers.

Meanwhile, Trump launched a war of aggression against Iran, continued sponsoring Israel's genocide in Gaza, bombed Yemen, invaded Venezuela, and blockaded Cuba, while waging nonstop trade war and failing to stop the proxy war in Ukraine.

Let's be clear here: the Democrats' overwhelming victory in the midterm is not because Americans suddenly love the Democratic Party. In fact, DNC leadership has mostly sat on its hands and has done very little to oppose Trump's destructive oligarchic agenda.

Rather, this overwhelming victory represents the people's overwhelming rejection of US wars, Israel, and a government that only cares about Big Tech corporate oligarchs.

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Ben Norton @BenjaminNorton Nov 4

The only reason Trump won the 2024 election is because the Biden-Harris administration was very unpopular and he deceived Americans into believing two main things:
1, he would bring down prices, following sky-high inflation; and
2, he would stop waging wars.

Trump blatantly lied about both.

Inflation in the US keeps rising. Gasoline prices have skyrocketed (due to Trump's wars). Food is expensive. Housing costs are out of control. Healthcare is a disaster. But Trump only cares about the stock market and AI data centers.

Meanwhile, Trump launched a war of aggression against Iran, continued sponsoring Israel's genocide in Gaza, bombed Yemen, invaded Venezuela, and blockaded Cuba, while waging nonstop trade war and failing to stop the proxy war in Ukraine.

Let's be clear here: the Democrats' overwhelming victory in the midterm is not because Americans suddenly love the Democratic Party. In fact, DNC leadership has mostly sat on its hands and has done very little to oppose Trump's destructive oligarchic agenda.

Rather, this overwhelming victory represents the people's overwhelming rejection of US wars, Israel, and a government that only cares about Big Tech corporate oligarchs.