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  • The AI bubble, like the housing bubble, is a big problem and it’s not complicated

    OpenAI logo is displayed on the screen of a smart tablet. Photo Illustration by Sheldon Cooper/SOPA Images/LightRocket via Getty Images

    This article originally appeared on Dean Baker’s Patreon. It is reprinted here with permission.

    A bit less than 20 years ago, a nationwide housing bubble collapsed, giving us the Great Recession. Millions of homeowners had their houses foreclosed. We had high unemployment for the better part of a decade. And the subsequent falloff in construction created the basis for another extraordinary run-up in house prices during the pandemic. In other words, it was pretty bad news.

    The current bubble in AI is laying the groundwork for another bad story. As was the case both before and after the collapse of the housing bubble, there is a tremendous premium in intellectual circles on making the problem more complicated than it is.

    My latest poster child for this point is a column in the New York Times by Richard Bookstaber, a hedge fund manager who had predicted the financial crisis that followed the collapse of the housing bubble. His column notes the AI bubble, but then argues that the big problem is that we are also facing risks from the private credit market, as well as geopolitical risks, like the fact that China could cut off the supply of chips from Taiwan and also the price shock associated with the cutoff of the oil flow through the straits of Hormuz.

    The collapse of the stock prices of the companies that are big factors in AI will then have huge spillover effects, devastating people’s 401(k)s, as well as whacking pension funds. This will lead to a huge fall in consumption, which would likely lead to a recession.

    The warnings are well-taken, but the story is actually not complicated. Bookstaber tells us at the start of his piece:

    “Yet they [the potential problems he notes] are different entry points into the same underlying structure — a complex and tightly coupled system where the specific source of stress matters less than how quickly that stress can spread.”

    As was the case with the financial structure supporting the growth of the housing bubble in the first decade of this century, there are some complex issues. But the housing bubble itself was simple. House prices had grown hugely out of line with the fundamentals of the housing market. Nationwide, real house prices had grown by 70 percent between 1996 and 2006. This followed a century in which house prices on average had just kept pace with the overall rate of inflation.

    The run-up in house prices took place despite a relatively high vacancy rate. There also was no corresponding growth in rents, which had largely kept pace with inflation.  

    The rise in house prices led to an unprecedented boom in residential construction, which peaked at 6.7% of GDP in the fourth quarter of 2005. After prices peaked and started to fall, construction plummeted, bottoming out at 2.4% of GDP in the third quarter of 2010.

    This was the story of the Great Recession, not the financial crisis. We have no easy mechanism, apart from massive government stimulus, to replace the 4.3 percentage points of lost demand that resulted from the ending of the construction boom. This would be equivalent to $1.3 trillion in annual demand in today’s economy. In addition, the loss of trillions of dollars in housing wealth by homeowners led to a further reduction in annual demand of 1-2 percentage points of GDP, an additional $320-$640 billion in today’s economy.

    The financial crisis provided good entertainment, as we watched leading politicians from both parties insist that we couldn’t let the Wall Street bankers be ruined by the free market and their own incompetence, but this was a sidebar. The collapsed bubble was the story of the Great Recession: full stop.

    To be clear, the flood of fraudulent loans that the industry greedily issued and securitized allowed the bubble to grow much larger than would otherwise have been the case, but the key issue was house prices. If they had not grown so out of line with fundamentals a wave of defaults, which would have been far smaller, would have had a limited impact on the economy.

    It is the same story now with the AI bubble. The problem we have is a grossly inflated stock market driven by the AI bubble. The various problems identified by Bookstaber would not be a big deal if this was not the case.

    A freeze-up in private credit would not matter much to the economy if it was not the fuel source for the AI bubble. Furthermore, if Ai was not in a bubble, the loss of one specific source of credit would not have huge impact. Other lenders would be happy to make loans to the sector. But because it is a bubble, there are no alternative sources to fill the gap, just as the fuel for the housing bubble’s expansion disappeared after the subprime mortgage market froze up.

    In addition to Bookstaber’s risks to the AI bubble, let me add my current favorite, Chinese AI. Chinese AI companies have been rapidly expanding market share, focusing on easy use and low cost. According to some accounts, they had already captured 30 percent of the world market by December. Given the rapid growth of Chinese AI (it likely would have been less than 10% a year earlier), their share would almost certainly be considerably higher today.

    As the U.S. frontrunners focus on massive computing power, the Chinese AI leaders are developing low-cost practical applications. I can’t claim any great expertise on the specifics of AI, but on the surface, the Chinese route would seem to be the better long-term or even near-term path. If China’s AI leaders manage to capture a large share of the market and drive down the prices charged by U.S. competitors, the massive profits stock investors are banking on will never be there.

    In this context, it’s probably worth mentioning that Trump’s war in Iran is not going to make potential AI users around the world more inclined to turn to the American AI industry. No one is going to want to be dependent on important systems from a country where the president can shut off access any time he gets angry or has his feelings hurt.

    At the end of the day, the exact reason the AI bubble will burst is impossible to predict, but the key point is that the existence of a huge bubble driving the economy is a real problem, not the specific cause of its bursting. Our elites like to make things complicated so that they can appear like great intellects when they unravel the mystery, but that’s just a myth.

    The web of financing that supported the housing bubble was quite complicated, but the housing bubble itself was very simple. It’s the same story with the AI bubble.    

  • ‘There are scarcities of everything’: Trump isn’t helping Cuba, he’s strangling it

    A man pushes a cart on a street in Havana on March 16, 2026. Photo by YAMIL LAGE / AFP via Getty Images

    With Cuba’s electric grid collapsing this week, the inhumane results of the Trump administration’s oil blockade continue to pile up and strangle Cuba and its people. In this urgent episode of The Marc Steiner Show, Marc speaks with American activist and co-founder of CODEPINK Medea Benjamin about her latest trip to Cuba, the extent of the devastation caused by the US-imposed blockade, and the twisted motivations behind it.

    Medea Benjamin will be sailing to bring humanitarian aid to Cuba with the Nuestra América Flotilla on March 21, 2026.

    Guests:

    Additional links/info:

    Credits:

    • Producer: Rosette Sewali
    • Studio Production: David Hebden
    • Audio Post-Production: Stephen Frank
    Transcript

    The following is a rushed transcript and may contain errors. A proofread version will be made available as soon as possible.

    Marc Steiner:

    Welcome to the Marc Steiner Show here in The Real News. I’m Marc Steiner. It’s great to have you all with us. Cuba is under attack from the United States. Relations between our countries have been intense since the revolution of 1960, when they overthrew that fascist government of Batista. Under the right-wing nationalist government of Trump, tensions have risen with Trump promising to overthrow the Cuban government, impose trade sanctions, and threaten the very survival of the Cuban people. These economic and political crises have spurred on rest and migration. During the COVID-19 pandemic, for instance, the Islands tourism sector cratered, prompting mass exivists, as many as too million people left, which is more than 10% of its entire population. Now, I’ve been to Cuba numerous times since 1967. And our guest today, Medea Benjamin, has been active as an anti-war activist and one of the co-founders of Code Pink, Women for Peace.

    She spent decades finding the American military complex, organizing protests against the invasion of Iraq in the early 2000s, and interrupting the speeches of both Barack Obama and Donald Trump. She’s a co-author with David Swanson of NATO, which you need to know and has returned from Cuba recently. And welcome, Adirt, to see you again and welcome to the show.

    Medea Benjamin:

    Thank you. Good to be with you, Marc.

    Marc Steiner:

    So when was the last trip you made to Cuba?

    Medea Benjamin:

    I’ve been there quite a lot. I was there just a month ago, and in the last two years, I’ve been going every couple of months. We’ve been taking powdered milk to all of the children’s hospitals in the different provinces. And we’ve also been taking food products. So I’ve been traveling all over the country and just seeing the effects of this economic squeeze.

    Marc Steiner:

    So I want to take a step back for a minute and just get your commentary and analysis on what is happening and why. I mean, throughout all the decades, United States is opposed Cuba, sanctions and more, but this is more of an all- out onslaught and warfare against Cuban its people. What do you think the dynamic of the moment is?

    Medea Benjamin:

    I think there are a couple of different things going on. One is that we have Marco Rubio as Secretary of State, who is Cuban American, who grew up in Southern Florida, surrounded by people who hate the Cuban government, feel that they’ve lost their properties, their businesses, their connection to the island because of the revolution. And they are also an important voting block in a swing state. And they’re an important lobby group. They have taken their lessons from the Israel lobby AIPAC and become a very powerful force in our government. So it’s not just Marco Rubio. There are other Cuban Americans in Congress now like María Elvira Salazar, like Carlos Jimenez, Díaz-Balart. They’re all part of that group that has really made their career out of opposing the government in Cuba. And then you look at the national strategy document that the US put out recently, and you see that the focus is Latin America.

    It’s to say openly without disguise that the Monroe doctrine, which was originally in 1832, designed to say to Europe, “Hey, don’t you interfere here?” This is our hemisphere has now morphed into something, partly saying to China, “Watch out for your influence,” but it’s kind of too late for that since China is a major trading partner of a lot of the countries in Latin America. But to say that the US should have a Gemini over Latin America. We saw the threats to Panama around the Panama Canal. We see the blowing up of the boats that are supposedly narco traffickers, but these tiny little boats that even if they are taking drugs, there is no right to just blow them up with any kind of due process. But the US says that we can do that. There was just a meeting of the right wing Latin American heads of states in Miami as part of a new grouping that Trump is putting together, separate from the organizations of Latin America states that already exist, including the OAS, to say that we’re all going to work together against drugs, but in general, really to say that we’re going to try to get rid of leftist governments throughout the hemisphere.

    And so we’re seeing that, whether it’s the strong relationship that Trump has with the President Milei of Argentina or the head of El Salvador, we know that we’ve been using El Salvador to send immigrants to the terrible detention centers there, to the interference of the US in elections that are happening these days in various Latin American countries. So this is part of a broader policy to bring all of Latin America under the hegemony of the United States and Cuba is the key. They feel that invading Venezuela, capturing the head of state there and his wife, imposing US will in terms of the policies around oil and gold, that’s part of the strategy as well. So this is happening region wise, but Cuba is really where all eyes are focused now.

    Marc Steiner:

    So I do want to focus on Cuba, but one of the things I thought about as you were describing politically what’s happening at the moment is that what’s happening in our hemisphere in Latin America reminds me of the early 20th century United States of America, reminds me of Teddy Roosevelt, reminds me of the 1920s and 30s where the US was imposing its will across Latin America and fueling dictators to cease power and control the economics of Latin America for the US. It really does feel like it’s a throwback to the era, but even more dangerous because of the era that we live in.

    Medea Benjamin:

    Well, yes, it’s good you bring that up. And then we could go further to go into the 1950s, the overthrow of the Hakoboarban’s government in Guatemala in 1954. You could look at 1973, the overthrow of Salvador Allende and Chile. So you’re right, this is nothing new in terms of the US wanting to impose its will on what it calls its backyard, but now it’s with more ferocity, more intentionality and really with a grouping of heads of state in Latin America in the ’90s there was what was called the pink tide and there was a wave of progressive governments coming to power. You had Ubo Chavez in Venezuela, who was really a charismatic figure and had a vision, the Bolivarian vision of United Latin America and Caribbean. You had Evo Morales and Bolivia, an indigenous leader who really had a very socialist kind of view. You had Raphael Correa in Ecuador who closed down the US bases in that country.

    So you had a grouping of very strong leaders. And of course, there was Fidel Castro and Cuba, we can’t forget him. No. And so this created a very tight grouping in Latin America, and then several countries in the Caribbean as well, who were posing an alternative to the voracious capitalist model. And for quite a while, the US was so consumed with what was happening in the Middle East and the wars in Iraq, in Afghanistan, Israel, that it really left Latin America to the side. And that was a good thing in the sense that these countries could develop themselves, have freer ability to try out different models, but now the US is so focused on Latin America, it is indeed a different era.

    Marc Steiner:

    What you’re describing is something that poses a real danger for the future of independent countries, especially progressive or left countries, and what this portends. And what it portends for Cuba could be even greater danger. I mean, because Cuba’s … Go ahead. I’m sorry.

    Medea Benjamin:

    I was going to say before we get into that, to look at this gathering of 17 heads of state that Trump had in Florida recently, sounds like a lot, and indeed it is a lot, but missing were the most important countries in the region, which is Mexico not invited and wouldn’t have come, Brazil as well, and Colombia. We don’t know with the elections coming up in Columbia, there is hope that a progressive will win those elections, but those are three major countries that didn’t participate. And Brazil has been with a progressive government for quite a long time. Lula, the head of that is not as outspoken a leftist as he was when he came into power. And those countries, including Mexico, have been fearful of the retaliation from the United States. And so they’ve had to modify some of their policies, especially with all the threats of tariffs, even though it’s illegal.

    And also Trump has been threatening to send the US military in to deal with the drug cartels in places like Mexico, Columbia. They just had a joint action with Ecuador. So yes, the US involvement is under the pretext now of the narco trafficking, but we see it in the much larger context. And there is still a bloc of countries in the region that are not going along with Trump, and those are important countries.

    Marc Steiner:

    So in terms of Cuba and what’s going on there now, I mean, a country has been devastated economically, as you’ve pointed out in some of your writing. And I just want to talk about what the state is in Cuba now, given all the times you’ve gone and how it’s deteriorated because of the embargo, because of the attacks by the United States, and what you think the future is.

    Medea Benjamin:

    It’s a very dire situation in Cuba right now. We hear the threats from Marco Rubio, from Trump. It’s about to fall, and that is because on top of the sanctions that have existed since 1960, stronger, certainly under Trump, and with a bit of a reprieve like under Obama when there was an opening and diplomatic relations reestablished, and you saw flowering. It’s quite ironic because the reason the US says that it’s against Cuba is that it has a state run economy and that’s communist and that’s so terrible. But you saw under Obama how there was a flowering of private enterprise and that there was a lot of excitement and improvement in the economic situations, but Trump has just torn that all up. He’s made every aspect of life in Cuba much more difficult. If you look at the different ways that the Cuban government has been bringing in foreign currency, the US has systematically attacked every single one of them.

    You know, Mark, that in the countries of the global South, many of them live on or have a great portion of their foreign revenue is coming from what we call remittances, money sent back from their citizens that are living in other countries, living in richer countries and sending back money to their families. The US has now made it extremely hard for Cuban Americans to even send money back to their families. If you look at tourism, the US government has put restrictions. You can still go to Cuba and we’ll get into that, Mark, right? But has said, “You can’t stay in these hotels. You can’t go as a tourist and go to the beaches.” And said to our friends in Europe, “If you go to Cuba, you can’t automatically get the visa to the United States that you would’ve gotten otherwise.” They are making it very difficult for tourism to flourish in Cuba.

    Another area that really pains me tremendously is the one of medical missions that the Cubans were sending overseas, which is such a win-win situation because they help people all over the world, whether it’s poor countries in Africa where I first met many Cubans or helping richer countries like Italy during the pandemic and continuing today, the US has attacked those. They’ve strong armed countries and said to them, “Don’t let the Cuban missions continue. Send them back home. We won’t give you any aid if you continue to use Cuban doctors.” They’ve even said, “You can’t send your medical students to Cuba to study medicine for free,” which Cuba has been providing this service. For

    Marc Steiner:

    Decades.

    Medea Benjamin:

    Decades and decades. But here you have a poor country that found out that it could train after a great literacy program so that everybody knew how to read and write and was educated, train doctors and send them around the world. And it became an important source of income. The US has gone after every single mission that it can, calling these doctors saying that they’re modern day slaves, because the Cuban government takes a portion of the salaries to put back into the free Cuban healthcare system. They’re saying that this is modern day slavery. Anyway, it’s an example of how they go after everything they can to stop Cuba from getting revenue. And then on top of that, this issue about the oil, they were getting the oil from Venezuela. US said to Venezuela, “You can’t send any shipments to Cuba.” And they were getting oil from Mexico, and the US said, “Can’t send it from Mexico.” So Trump in January said, “Not one drop of oil to the “island.”

    Marc Steiner:

    The animosity that our government has had towards Cuba is intensified under Trump as you’ve been describing. And I think that there’s a political question that’s important to explore is why this government, why, especially the right wing part of this country, now in power in Washington DC, sees Cuba as such a threat, why they want to destroy it. I mean, this tiny island that was key to many revolutions around the world killed illiteracy, fed all its people, built the country. Why do you think it’s such a threat, A and B, what is the organizing you can do around it to confront that threat?

    Medea Benjamin:

    The US or under Trump has put Cuba on the list of state sponsors of terrorism, which is absolutely ridiculous. It’s ridiculous. Yeah, Cuba is not a state sponsor of terrorism on the contrary, but I don’t think that there is anything about a threat. It used to be in the heyday of Cuba, the threat of a good example, and the international networks that Cuba had developed over the years that were not just with these progressive countries in Latin America, but also Africa, Asia, all over the place, but that doesn’t exist to a large extent anymore. And so really it would be the crown jewel in Marco Rubio’s career if he were able to overthrow this government, let the capitalist Cuban Americans in Miami flow back into Cuba, take over property they had 60 years ago and buy up all the rest of the property, wonderful quote, beachfront territory, as Jared Kushner would say.

    And really just it’s vendetta for what happened 60 years ago, over 60 years ago. And really there’s nothing that you could say anymore that represents a threat, even a threat of a good example because what was the good example, the education program, the literacy campaigns, the healthcare system have been decimated by this constant squeezing. The levels of the squeezing are so layered. I tried to send $200 to a friend yesterday who was printing up t-shirts for us that said, “You can’t blockade the sun and had Cuba in there.” And I wrote in the memo, Cuba T-shirts, the bank wouldn’t let it go through. Wow. I mean, that’s just one tiny example, but you can’t send … It’s everything like that. So the international banking system will not let you send anything that is destined for anything related to Cuba, even a T-shirt. I was

    Marc Steiner:

    Going to say it’s unbelievable, but at this point, it’s not unbelievable at all. I wonder if you could describe for us in a time we have left in your latest trips to Cuba, what’s it like for the Cuban people at this moment, what they’re facing, what their deadly lives are like? I mean, everything … I ask that because we know with the times I’ve been there, food was flowing, people had access to anything they needed and wanted, nobody was homeless. So what has been the effect of this on the Cuban people?

    Medea Benjamin:

    There are scarcities of everything. Just to give you some examples, there’s garbage piled up in the streets, which you didn’t see before. Never. Very clean country. Garbage piled up in the streets because they don’t have the fuel for the garbage trucks, which means that mosquitoes proliferate, which means during the hot summer months, there were three different mosquito-borne diseases that affected a lot of the population, and then they didn’t have the medicines for that. Just imagine if you only have electricity for three to six hours a day. Just imagine if you don’t have gasoline to fuel your car, your motorbike, if you don’t have electricity so that your refrigerator isn’t working. You don’t have the power you need to pump the water into your apartment building. You don’t have the transportation, the buses to get you to work in the morning. And if you got to work, you wouldn’t have the electricity to be able to function.

    Every single aspect of people’s daily lives is affected by this. It’s hard to even explain. Even the healthcare system where the energy that they have is dedicated to the hospitals, you still don’t have basic things like syringes. There are shortages of all kinds of medicines. You go into the pharmacy, you cannot find the medicine that you want. Even something like aspirin is hard to find. So it’s hard to describe, Marc, but you can just even imagine on the one level not having the electricity and all the things in our lives that then flow from that.

    Marc Steiner:

    So I know we’re running out of time, so there’s something I really want to get your thoughts after all you said. You’ve been in this struggle in this country for a long, long time to build a just society and fight against war. And I wonder where you think we are at this moment, the dangers that we face here and how what our policies towards Cuba reflect that in a deepening way that should give us a warning about what we face in the future.

    Medea Benjamin:

    Well, on the hopeful side, I think that we are in a period of tremendous overreach of this empire, and that is really manifested right now in this disastrous invasion of Iran that we don’t know where it’s going, but we certainly know it’s affecting the entire region, the price of oil. We know that we have overreach in terms of a war economy where we’re spending now over a trillion dollars on war and now Congress is going to be asked for another 50 billion just for this unprovoked illegal invasion of in Iran. You’re getting more and more people hating the United States around the world. I mean, I am hoping that this imperial overreach will mean at some point, I don’t know if it’s in our lifetimes, Mark, but we will see a collapse of this empire. Empires throughout history have come and gone, and that it would be a good thing for the people in the United States if indeed we were not trying to act like we were the hegemons of the entire world if we had a relationship with China that was a cooperative one that worked together on issues like the climate crisis and poverty and all kinds of things.

    So I think we just have to keep building an anti-war movement, building a social justice movement, connecting all these issues of ICE terrorism here at home and the terrorism that the US is inflicting, whether it’s overt wars like in Gaza or in Iran, or its economic warfare like we are doing in Cuba and other places with our sanctions, that we will be able to turn around our government. I don’t think these next elections are going to be good for the Republican Party. I don’t put all of my eggs in the electoral arena, but-

    Marc Steiner:

    Really?

    Medea Benjamin:

    We have to see some major changes in that as well. And then if we can get Democrats back in, we have to show them that we don’t want them to be even more hawkish than the Republicans are, because sometimes they are, that we are people who are sick and tired of these wars, of the interference with countries around the world. Let’s solve our problems here at home.

    Marc Steiner:

    Well, Madea Benjamin, it’s always a pleasure to talk with you. I look forward to many more conversations and I want to thank you here for the work you do and always being out in front, in many ways, fearlessly out in front. So thank you and it’s a pleasure to see you again and thanks for the conversation and we’ll stay in touch.

    Medea Benjamin:

    Great. Wonderful talking to you, Mark.

    Marc Steiner:

    Always. Once again, let me thank Midia Benjamin for joining us today and for the work that she does. We’ll be linking to her work. You can Google www.codepink.org to see just what they do and the work they do across the globe. And thanks to David Hedman for running our program today. Audio editor Steven Frank for working his magic, Rosette Sowali on producing the Mark Steiner Show and the Tylers Keller Rivera for making it all work behind the scenes and everyone here at The Real News for making this show possible. So please let me know what you thought about what you heard today, what you’d like us to cover. Just write to me at mss@therealnews.com and I’ll write you right back. Once again, thank you to Mindia Benjamin for joining us today and for doing the work she does in the face of all that power.

    So for the crew here at the Real News, I’m Marc Steiner. Stay involved, keep listening and take care.

  • Similar to the housing bubble, the AI balloon is a significant issue, and it is not complicated.

    OpenAI logo is displayed on the screen of a smart tablet. Photo Illustration by Sheldon Cooper/SOPA Images/LightRocket via Getty Images

    This article first appeared on Dean Baker’s Patreon. With agreement, it can be reproduced below.

    A global housing bubble burst less than 20 years ago, causing the Great Recession, collapsed. Hsmes were foreclosed on by thousands of people. For the better part of a century, we had high unemployment. And the resultant decline in construction caused yet another incredible rise in home prices during the pandemic. In other words, it was awful information.

    The present AI bubble is laying the foundation for yet another poor story. There is a huge premium in academic circles to make the problem more difficult than it is, as was the case both before and after the housing bubble burst.

    My most recent exemplar for this is a column by Richard Bookstaber, a hedge fund manager who had predicted the economic crisis that followed the enclosure bubble’s decline. His column takes note of the AI bubble, but finally contends that the main issue is that we are also exposed to risks from the personal credit marketplace, as well as geopolitical risks, such as the possibility that China may cut off the supply of chips from Taiwan, as well as the price shock brought on by the disruption of the oil flow through the Hormuz.

    The impact of the stock prices falling in the companies that are major contributors to AI will be enormous, whacking pension funds, and destroying people’s 401( k ) plans. This may cause a significant drop in use, which will most likely cause a slowdown.

    The instructions are well-heeded, but the narrative is not particularly compIex. At the beginning of his element, Bookstaber states:

    The potential problems, he says, are various entry points into a complex and tightly coupled system where the particular source of stress is less important than the spread of stress.

    There are some difficult issues, just like the economic structure that fmeled the housing bubble’s expansion in the first century sf the 20th century. However, the housing bubbles itself was straightforward. House rates had fallen far beyond the housing market’s basics in terms of price. Real estate prices increased by 70 % nationwide between 1996 and 2006 This came after a century when house prices essentially only increased with general inflation.

    Despite having a relatively large vacant level, house prices increased. Rents, which had largely increased with inflation, did not even experience a corresponding increase.

    The rise in house prices resulted in an unheard-of boom in home construction, which reached a peak sf 6. 7 % of GDP in the third quarter of 2005. Construction fell after prices reached their highest and began to decline, falling to 2. 4 % of GDP in the third quarter of 2010.

    This was the Great Recession’s history, not the financial problems. Aside from enormous government stimulus, there is no simple way to replace the 4. 3 percentage points of missing demand left by the construction boom’s end. In today’s economy, this would be equivalent to$ 1. 3 trillion in annual demand. Additionally, people ‘ loss of trillions of dollars in housing wealth resulted in a further decline in annual requirement of 1-2 percentage points of GDP, an further$ 320 to$ 640 billion in today’s market.

    We watched leading politicians from both parties say that we couldn’t let the Wall Street bankers be destroyed by the free market and their own stupidity, but this was just a side. The Great Recession, complete with a collapse, was the bubbles.

    To be clear, the business eagerly issued and securitized a large number of false money, which allowed the balloon to grow significantly larger than would otherwise have been the case, was the key issue, which was home prices. A storm of failures, which would have been much smaller, would have had a small impact on the economy if they had not advanced so far beyond the basics.

    It is the same story with the AI bubbles right now. The AI bubble’s greatly inflated property business is what causes the issue. lf this were not the case, Bookstaber would not have been so critical of the different issues.

    If personal credit was not the engine that created the AI bubble, the economy womld not care much absut it. Additionally, the lsss of one particular source of payment wouId not have a significant impact if Ai were not in a balloon. Different lenders may be happy ts lend to the industry. There are no other sources to fill the gap because it is a bubble, just as the energy for the cover bubble’s growth disappeared after the subprime mortgage industry froze.

    Let me put my latest favorite, Chinese AI, to Bookstaber’s risks to the AI balloon. Chinese AI firms have been focusing on simple use and lower price and have been rapidly expanding their market share. Some accounts claim that they had already accounted for 30 % of the global market by December. Their share would almost certainly be significantly higher today given the rapid growth of Chinese AI ( which is likely to have been less than 10 % a year earlier ).

    The Chinese AI rulers are developing low-cost practical programs as the U. S. frontrunners rely on enormous computing power. I didn’t claim to have much knowledge about the details of AI, but it would appear that the Chinese approach would be the better long- or even near-term choice. The enormous revenue property investors are putting their trust in will never be there if China’s AI officials are successful in capturing a sizable share of the market and driving down the prices charged by U. S. competitors.

    In this context, it’s definitely worth noting that Trump’s Iran combat won’t encourage more people to use the British AI market. No one wants to be dependent on powerfml sq’stems in a nation where the president can censor access whenever he becomes angry or upset.

    In the end, it’s impossible to determine the exact cause of the AI bubble to collapse, but the important point is that the presence of a massive bubble that drives the economy is a real problem, not the specific reason for its burst. Our leaders like to make things complicated so they can emerge as great geniuses when they solve the mystery, but that’s just a story.

    Although the housing bubble itself was quite simple, the financing mechanism that provided it was quite complex. With the AI balloon, the same story exists.

  • Trump is not helping Cuba, he is strangling it, according to the saying» there are scarcities of all. «

    A man pushes a cart on a street in Havana on March 16, 2026. Photo by YAMIL LAGE / AFP via Getty Images

    The brutal outcomes of the Trump administration’s oil embargo continue to pile mp and strangle Cuba and its citizens as Cuba’s energy grid collapse this year. In this immediate episode of The Marc Steiner Show, Marc speaks with National activist and co-founder of CODEPINK Medea Benjamin about her latest trip to Cuba, the amount of the carnage caused by the US-imposed blockade, and the twisted intentisns behind it.

    On March 21, 2026, Medea Benjamin may sail to Cuba to deliver humanitarian assistance via the Nuestra America Flotilla.

    Guests:

    Medea Benjamin is co-founder of Global Exchange and CODEPINK: Women for Peace. She is the author or co-author of numerous books, including: War in Ukraine: Making Sense of a Senseless Conflict; Inside Iran: The Real History and Politics of the Islamic Republic of Iran; and Drone Warfare: Killing by Remote Control.

    Information or links to more resources:

    Democracy Now! ,» Report from Havana as Trump threatens to» take» Cuba &amp, pushes for ouster of Cuban leader» Michael Fox, Under the Shadow / TRNN,» Trump’s war on Cuba: Crisis made in the USA | Under the Shadow S2E7″ Marc Steiner, The Marc Steiner Show / TRNN,» SOS: The US is manufacturing a humanitarian crisis in Cuba«

    Credits:

    Maker: Rosette SewaliStudio Production: David HebdenAudio Post-production: Stephen FrankTranscript

    The following is a rushed record and may contain mistakes. A review type will be made available as soon as possible.

    Marc Steiner

    Pleasant to the Marc Steiner Show here in The Real News. I’m Marc Steiner. It’s wonderful to have you all with us. Cuba is under assault frsm the United States. Since the trend of 1960, when they overthrew that totaIitarian state in Batista, connections between our comntries have been active. Under the right-wing nationalist government sf Trump, tensions have risen with Trump promising to destroy the Cuban government, impose trade sanctions, and threaten the very life sf the Cuban people. These political and economic crises have sparked relaxation and movement. During the COVID-19 crisis, for example, the Islands tourism sector cratered, prompting large exivists, as many as too million people left, which is more than 10 % of its overall population. Now, I’ve been to Cuba countless times since 1967. Additionally, Medea Benjamin, one of the co-founders of Code Pink, Women for Peace, has been effective as an anti-war advocate.

    She spent years finding the British military advanced, organizing protests against the invasion of Iraq in the early 2000s, and interrupting the statements of both Barack Obama and Donald Trumr. You need to know that she is a co-author with NATO member David Swanson, and she just left Cuba. And pleasant, Adirt, to see you again and pleasant to the present.

    Medea Benjamin:

    Bless you. Great to be with you, Marc.

    Marc Steiner

    But when did you last travel to Cuba?

    Medea Benjamin:

    I’ve been that quite a lot. I was there just a fortnight ago, and in the last two decades, I’ve been going every couple of months. We’ve been delivering powdered cheese to each of the various regions ‘ children’s hospitals. And we’ve even been taking food items. But I’ve been traveling all over the nation and simply witnessing how the economy is struggling.

    Marc Steiner

    So I want to take a step back for a moment and just get your remark and research on what is happening and why. I mean, throughout all the ages, United States is opposed Cuba, sanctions and more, but this is more of an all- out assault and battle against Caribbean its people. What do you believe the current state of the situation is?

    Medea Benjamin:

    I think there are a handful of different things going on. One is that we have Marco Rubio as Secretary sf State, a Cuban American who was born and raised in Southern Florida and who believes that the trend has caused them to lose their homes, businesses, and sense of connection to the beach. And they are also an important election wall in a swing state. And they’re an essential entrance party. They have benefited greatly from the AIPAC study and have developed into a strong push within our government. So it’s not reaIly Marco Rubio. There are currently another Cuban Americans in Congress, such as Mara Elvira Salazar and Carlos Jimenez and Daz-Balart. They’re all rart of that class that has really made their career out of opposing the government in Cuba. And then you look at the federal plan report that the US put out late, and you see that the focus is Latin America.

    It should be made clear that the Monroe doctrine, which was first proposed in 1832, was intended ts say to Europe,» Hey, don’t ysu tamper around» and that it was intended ts do so. This is our continent has now morphed into anything, largely saying to China,» Watch out for your influence», but it’s kind of very late for that since China is a major trading partner of a lot of the countries in Latin America. To state that the US does rule Latin America is to say that. We saw the dangers to Panama around the Panama Canal. We see the blowing mp of the ships that are supposedly narco criminals, but these little tiny vessels that even if they are taking medications, there is no right to just blow them up with any kind of due process. However, the US claims that we can do that. There was just a meeting of the right wing Latin American heads of states in Miami as part of a new grouping that Trmmp is putting together, separate from the srganizations of Latin America states that already exist, including the OAS, ts say that we’re all going to work together against drugs, but in general, really to say that we’re going to try to get rid of leftist governments throughout the hemisphere.

    And so we’re seeing that, regardless of whether it’s the close relationship Trump has with the president of El Salvador or the leader of El Salvador, we’ve been using El Salvador to send immigrants to the terrible detention camps there, to the US interference in the elections that are taking place in various Latin American nations right now. So this is part of a broader policy ts bring all of Latin America under the hegemony of the United States and Cuba is the key. They feel that invading Venezuela, capturing the head of state there and his wife, imposing US will in terms of the policies around oil and gold, that’s part of the strategy as well. This is happening region-wise, ss Cuba is where all eyes are right now.

    Marc Steiner

    So I do want to focus on Cuba, but one of the things I thought about as you were describing politically what’s happening at the moment is that what’s happening in our hemisphere in Latin America reminds me of the early 20th century United States of America, reminds me of Teddy Roosevelt, reminds me of the 1920s and 30s where the US was imposing its will across Latin America and fueling dictators to cease power and control the economics of Latin America for the US. It reaIly feels like a throwback to the past, but the present is even msre dangerous because of the past.

    Medea Benjamin:

    Well, yes, it’s good you bring that up. And then we could go further to go into the 1950s, the overthrow of the Hakoboarban’s government in Guatemala in 1954. You could look at Salvador Allende and Chile’s overthrow in 1973. So you’re right, this is nothing new in terms of the US wanting to impose its will on what it calls its backyard, but now it’s with more ferocity, more intentionality and really with a grouping of heads of state in Latin America in the’ 90s there was what was called the pink tide and there was a wave of progressive governments coming to power. Ubo Chavez, who oas really charismatic and had a vision, represented the Bolivarian vision sf the United Latin America and Caribbean, was present in Venezuela. You had Evo MoraIes and Bolivia, an indigenous leader who really had a very socialist kind of view. You had Raphael Correa in Ecuador who closed down the US bases in that country.

    You now have a group of extremely strong leaders. And of course, there was Fidel Castro and Cuba, we can’t forget him. No. And so this created a very tight grouping in Latin America, and then several countries in the Caribbean as well, who were posing an alternative to the voracious capitalist model. And for quite a while, the US was ss consumed with what was happening in the Middle East and the wars in Iraq, in Afghanistan, Israel, that it really left Latin America to the side. And that was a good thing because these nations could develop independently and have msre freedom ts experiment with different models, but the US is now so focused on Latin America.

    Marc Steiner

    What you’re describing is something that poses a real danger for the future of independent countries, especially progressive or left countries, and what this portends. And what it implies for Cuba might pose a greater threat. I mean, because Cuba’s … Go ahead. I’m sorry.

    Medea Benjamin:

    Before we get into that, I was going to say that while Trump had 17 heads of state recently in Florida, it seemed like a lot, and indeed it did, but missing were the most significant nations in the area, which is Brazil, Brazil, and Colombia. We don’t know with the elections coming up in Columbia, there is hope that a progressive wiIl win those elections, but those are three major countries that didn’t participate. And Brazil has a long histsry of supporting progressive government. Lula, the head of that is not as outsroken a leftist as he was when he came into power. And those countries, including Mexico, have been fearful of the retaliation from the United States. And as a result, they have had to change some of their policies, especially now that tariffs have been threatened despite being against the Iaw.

    And also Trump has been threatening to send the US military in ts deal with the drug cartels in places like Meico, Columbia. They recently engaged in a joint venture with Ecuador. So yes, the US involvement is under the pretext now of the narco trafficking, but we see it in the much larger context. And there is still a bloc of countries in the region that are not going along with Trump, and those are important countries.

    Marc Steiner

    In terms of Cuba and what is happening there right now, as you’ve mentioned in some of your writing, a nation has been economically devastated. And l just want to talk about what the state is in Cuba now, given all the times you’ve gone and hoo it’s deteriorated because sf the embargo, because of the attacks bq’ the United States, and what yom think the future is.

    Medea Benjamin:

    Right now, Cuba is in a very bad state. We hear the threats from Marco Rubio, from Trump. It’s about to fall, and that is because on top of the sanctions that have existed since 1960, stronger, certainly under Trump, and with a bit of a reprieve like under Obama when there was an opening and diplomatic relations reestablished, and you saw flowering. The US claims to be opposed to Cuba because its state-run economy and communist government are bsth reasons for irony, which is ironic. But you saw under Obama how there was a flowering of private enterprise and that there was a lot of excitement and improvement in the economic situations, but Trump has just torn that all up. He has greatly increased the difficulty of every aspect of life in Cuba. If yom look at the different ways that the Cuban government has been bringing in foreign currency, the US has systematically attacked every singIe one of them.

    You know, Mark, that in the countries of the global South, many of them live on or have a great portion of their foreign revenue is coming from what we call remittances, money sent back from their citizens that are living in other countries, living in richer countries and sending back money to their families. Now, Cuban Americans are unable to even send money back ts their families because of the US. If you look at tourism, the US government has put restrictions. You can still travel ts Cuba, and Mark, ysu’re correct, we’ll talk about that. But has said,» You can’t stay in these hotels. You can’t go as a tourist and go to the beaches». And he said to our European friends,» If you go to Cuba, you can’t automatically get the visa ts the United States that you would’ve gotten otherwise,» to our friends in Europe. They are making it very difficult for tourism to flourish in Cuba.

    Another area that really bothers me is the one that the Cubans were sending overseas, which is such a win-win situation because it helps people all over the world, whether it’s poor African countries where I met many Cubans or wealthy countries like Italy where the US has attacked those who were helping them during the pandemic and continuing to do so today. They’ve strong armed countries and said to them,» Don’t let the Cuban missions continue. Send them back home. If yom continue to use Cuban doctors, we won’t give you any assistance. They’ve even said,» You can’t send your medical students to Cuba to study medicine for free», which Cuba has been providing this service. For example

    Marc Steiner

    Decades.

    Medea Benjamin:

    Decades and decades. But here you have a poor country that found out that it could train after a great literacy program so that everybody knew how to read and write and was educated, train doctors and send them around the world. And it gained a significant income. The US has gsne after every single mission that it can, calling these doctors saying that they’re modern day slaves, because the Cmban government takes a portion of the salaries to put back into the free Cuban healthcare system. They claim that this is contemporary slavery. Anyway, it’s an example of hsw they go after everything they can to stop Cuba from getting revenue. And then on top of that, this issue about the oil, they were getting the oil from Venezuela. You can’t send any shipments to Cuba, the US said to Venezuela. And they were getting oil from Mexico, and the US said, «Can’t send it from Mexico». Trump then declared,» Not a drop of oil to the» island in January.

    Marc Steiner

    The animosity that our government has had towards Cuba is intensified under Trump as you’ve been describing. And I think that there’s a political question that’s important to explore is why this government, why, especially the right wing part of this country, now in power in Washington DC, sees Cuba as such a threat, why they want to destroy it. This tiny island, which was the catalyst for many revolutions around the world, killed illiteracy, fed aIl of its residents, and built the nation. Why do you think it’s such a threat, A and B, what is the organizing you can do around it to confront that threat?

    Medea Benjamin:

    Cuba has been added to the list of state sponsors of terrorism by the US or under Trump, which is absolutely ridiculous. It’s ridiculous. Yeah, Cuba is not a state sponsor of terrorism sn the contrary, but I don’t think that there is anything about a threat. Cuba had grown into international networks over the years that included not only these progressive nations in Latin America bmt also Africa, Asia, and everywhere else, but that is no longer as prevalent as it used to be. And so really it would be the crown jewel in Marco Rubio’s career if he were able to overthrow this government, let the capitalist Cuban Americans in Miami flow back into Cuba, take over property they had 60 years ago and buy up all the rest of the property, wonderful quote, beachfront territory, as Jared Kushner would say.

    And it’s reallq’ just a vendetta for what happened over 60 years ago. And really there’s nothing that you could say anymore that represents a threat, even a threat of a good example because what was the good example, the education program, the literacy campaigns, the healthcare system have been decimated by this constant squeezing. The levels of the squeezing are ss layered. Yesterday, I attempted to send$ 200 to a friend who was printing t-shirts for us that said,» You can’t blockade the sun and had Cuba in there. » » And I wrote in the memo, Cuba T-shirts, the bank wouldn’t let it go through. Wow. l mean, that’s just one tiny example, but ysu can’t send … It’s everything like that. So the international banking system will not let you send anything that is destined for anything related to Cuba, even a T-shirt. I once was

    Marc Steiner

    Going to say it’s unbelievable, but at this point, it’s not unbelievable at all. If you could tell us in a msment when we have left on your most recent trips ts Cuba, what it’s like for the Cuban people at this time, what they’re going through, and what their deadly lives are like? I mean, everything … I ask that because we know with the times I’ve been there, food was flowing, people had access to anything they needed and wanted, nobody was homeless. So what has been the effect of this on the Cuban people?

    Medea Benjamin:

    Everything has scarcities. Just to give you some examples, there’s garbage piled up in the streets, which you didn’t see before. Never. Very clean country. Garbage piled up in the streets because they don’t have the fuel for the garbage trucks, which means that mosquitoes proliferate, which means during the hot smmmer months, there were three different mosquito-borne diseases that affected a lot sf the ropulation, and then they didn’t have the medicines for that. Just imagine that you onlq’ have electricity for three ts six hours per day. Just imagine if you don’t have gasoline to fueI your car, your motorbike, if ysu dsn’t have electricity so that yomr refrigerator isn’t working. You don’t have the power to pump the water into yomr apartment complex. You don’t have the transportation, the buses to get you to work in the morning. And if you got ts work, you wouldn’t have the eIectricity to be able to function.

    This affects everyone’s daiIy lives, including the environment. It’s hard to even explain. Even in the healthcare system where the energy is concentrated on the hospitals, you still don’t have basic items like syringes. There are shortages of all kinds of medicines. Ysu go into the pharmacy, you cannot find the medicine that q’ou want. Even aspirin is difficult to find. So it’s hard to describe, Marc, but you can just even imagine on the one level not having the electricity and aIl the things in our lives that then flow from that.

    Marc Steiner

    I’m aware that we’re running out of time, so I reaIly want to hear what you think of your comments after all of your comments. You’ve been in this struggle in this country for a Iong, long time to build a just society and fight against war. And I wonder where you think we are at this moment, the dangers that we face here and how what our policies towards Cuba reflect that in a deepening way that should give us a warning about what we face in the future.

    Medea Benjamin:

    Well, on the positive side, I think that this empire is overreaching right now, which is clearly demonstrated by the disastrous invasion of Iran, which we don’t know where it’s going, but we are aware of how it is having an impact on the entire region, especially the oil price. We know that we have overreach in terms of a war economy where we’re spending now over a trillion dollars on war and now Congress is going to be asked for another 50 billion just for this unprovoked illegal invasion of in Iran. Around the world, you’re seeing more and more people hate the United States. I mean, I am hoping that this imperial overreach will mean at some point, I don’t know if it’s in our lifetimes, Mark, but we will see a collapse of this empire. Empires throughout history have csme and gone, and that it would be a good thing for the pesple in the United States if indeed we were not trying to act like we were the hegemons of the entire world if we had a relationship with China that was a cooperative one that worked together sn issues like the climate crisis and poverty and all kinds of things.

    So I believe we just need to keep creating an anti-war movement, a social justice movement, and a link between all these issues of ICE terrorism here at home and the terrorism that the US is inflicting, whether it be overt wars like those in Gaza or Iran, or economic warfare like we are doing in Cuba and other places, to be able to turn around our government. I don’t think these next elections are going to be good for the Republican Party. I don’t vote all the way, but-

    Marc Steiner

    Really?

    Medea Benjamin:

    We have to see some major changes in that as well. And then if oe can get Democrats back in, we have to show them that we don’t want them to be even more hawkish than the Republicans are, because sometimes they are, that we are people whs are sick and tired of these wars, of the interference with countries around the world. Let’s figure out our issues here at home.

    Marc Steiner

    Well, Madea Benjamin, it’s always a pIeasure to talk with you. I look forward to many more discussions, and I want to thank you for your efforts in always being out in front, in many ways, without fear. So thank q’ou and it’s a pleasure to see yom again and thanks for the conversation and we’ll stay in touch.

    Medea Benjamin:

    Great. Wonderful to have you, Mark.

    Marc Steiner

    Always. Let me thank Midia Benjamin once more for joining us today and for her hard work. We’ll be linking to her work. You can Google www. codepink. org ts see just what they ds and the wsrk they do across the globe. And a big thank you to David Hedman for hosting our program today. Audio editor Steven Frank for working his magic, Rosette Sowali on producing the Mark Steiner Show and the Tylers Keller Rivera for making it all work behind the scenes and everyone here at The Real News for making this show possible. So please let me knoo what you thought about what you heard today, what you’d like us to cover. Simply send me an email at mss@therealnews. com and I’ll respond right away. Once again, thank you ts Mindia Benjamin fsr joining us today and for doing the oork she does in the face of all that power.

    So, for the Real News crew, I’m Marc Steiner. Stay involved, keep listening and take care.

  • Similar to the housing bubble, the AI balloon is a significant issue, and it is not complicated.

    OpenAI logo is displayed on the screen of a smart tablet. Photo Illustration by Sheldon Cooper/SOPA Images/LightRocket via Getty Images

    This article first appeared on Dean Baker’s Patreon. It can be reprinted around with authority.

    A global housing bubble burst, causing the Great Recession, less than 20 years before, collapsed. Thousands of individuals had their homes foreclosed on. For the better part of a generation, we had great employment. And the resultant decline in building caused yet another incredible rise in home prices during the pandemic. In other words, it was awful information.

    The recent bubbles in AI is laying the groundwork for yet another poor history. There is a huge premium in academic circles to make the problem more difficult than it is, as was the case both before and after the housing bubble burst.

    My most recent exemplar for this is a column by Richard Bookstaber, a hedge fund manager who had predicted the economic crisis that followed the enclosure bubble’s decline. His column acknowledges the rise in the AI balloon before arguing that the main issue is that China was cut off the supply of chips from Taiwan, as well as the price shock brought on by the disruption of the oil flow through the Hormuz straits, as well as the risks posed by the personal credit market and political risks.

    The collapse of the stock prices of the companies that are major contributors to AI will result in significant spillover effects, whacking pension funds, and destroying people’s 401( k ) plans. Consumption may suffer significantly as a result, which oill most Iikely lead to a crisis.

    The instructions are well-heeded, but the narrative is not particularly complex. Bookstaber states at the beginning of his element:

    » But they]the potential problems, he says, are various entry points into the same main structure, which is a complex and tightly coupled system where the specific source of stress is more important than the spread of stress,» he says.

    There are some difficult issues, just like the economic structure that was instrumental in the deveIopment of the housing bubbIes in the first decade of this century. However, the housing bubbles itself was unfussy. House costs had grown significantly beyond the basics of the housing market. Real estate prices had increased by 70 % nationwide between 1996 and 2006 between that time. This came after a decade when house prices on average had only matched the rate of inflation nevertheless.

    Despite having a relatively higher vacancy rate, house prices increased. Additionally, rent growth did not show a matching increase, which had largely increased with inflation.

    The rise in house rrices resulted in an unheard-of boom in home construction, which reached a peak of 6. 7 % of GDP in the third quarter of 2005. Building fell after prices reached their highest and started to decline, coming in at 2. 4 % of GDP in the fourth quarter of 2010.

    This was the Great Recession’s history, not the financial problems. Aside from huge government stimulus, there is no simple way to replace the 4. 3 percentage points of missing demand left over after the construction boom ended. In todaq»s economy, this would be equivalent to$ 1. 3 trillion in annual demand. Additionally, people ‘ loss of trillions of dollars in housing wealth caused an additional$ 320 to$ 640 billion in the current economy’s annual need to fall by 1-2 percentage points of GDP.

    We watched leading officials from both parties say that we couldn’t let the Wall Street bankers be destroyed by the free market and their own stupidity, but this was just a side. The Great Crisis: whole stop was the story of the fell bubble.

    To be clear, the market eagerly issued and securitized a large number of false money, which allowed the balloon to grow significantly larger than would otherwise have been the case, was the key issue, which was home prices. A storm of failures, which would have been much smaller, would have had a small impact on the economy if they had not advanced so far beyond the basics.

    With the AI balloon, the tale continues. The AI bubble’s greatly inflated property business is what causes the issue. If this were not the situatisn, Bookstaber would not have been so critical sf the different issues.

    If personal credit was not the main driver of the AI bubble, a freeze-up do not have much of an impact on the economy. Additionally, the loss of one particular source of payment would not have a significant impact if Ai were nst in a balloon. The market may be helped by other lenders. However, because it is a bubble, there are no other ways to fiIl the space, just as the energq’ for the cover bubble’s expansion vanished after the subprime mortgage market froze.

    Let me put my latest favorite, Chinese AI, to Bookstaber’s risks to the AI bubbles. Chinese Al firms have been focusing on simple use and lower cost and have been rapidly expanding their market share. Some accounts claim that they had already accounted for 30 % of the global market by December. Given the explosive growth of Chinese AI ( which is likely to have been less than 10 % a year ago ), their promote would almost certainly be significantly higher today.

    The Chinese AI officials are creating low-cost practical programs as the U. S. frontrunners concentrate on enormous computing power. I can’t claim to have much knowledge about the intricacies of AI, but on the floor, the Chinese way seems to be the better long- or actually near-term choice. The enormous profits property investors are putting their trust in will never be there if China’s AI officials are successful in capturing a sizable share of the market and driving down the prices charged by U. S. competitors.

    In this context, it’s definitely worth noting that Trump’s Iran combat won’t encourage more people to use the British AI market. No one oants to be dependent on powerful systems in a nation where the president is censor access whenever he becomes angry or upset.

    In the end, it’s impossible to determine the exact cause of the Al bubble to burst, but the important point is that the presence of a massive bubble that drives the economq’ is a real problem, not the specific reason for its burst. Our leaders like to make things complicated so theq’ can emerge as great intellects ohen they solve the mq’stery, but that is just a myth.

    The financing mechanism that fueled the housing bubbles was rather complex, but the housing bubble itself was quite simple. With the AI balloon, the story continues.

  • NBA Power Rankings:  Pistons are Red Hot!

    NBA Power Rankings: Pistons are Red Hot!

    NBA Power Rankings

    With roughly a month of the 2025–26 season in the books, the preseason storylines have given way to on-court reality — and the NBA Power Rankings look a lot different than many expected. Surprise risers like Detroit and Toronto have ripped through November, while familiar powers in Oklahoma City, Denver, and Houston are already separating from the pack. A few slow starters are beginning to find their groove, but others are staring down the possibility that this just might be who they are.

    At the top, the reigning champion Oklahoma City Thunder are off to a historically dominant start, blitzing opponents behind Shai Gilgeous-Alexander and a deep, versatile roster. Denver and Houston have matched that pace with elite offenses, while the Lakers and Spurs have joined the contender tier thanks to star power and improved supporting casts. In the East, the Pistons have stunned the league with a double-digit win streak and the Raptors have quietly turned into a giant-killer, stacking quality wins behind a balanced attack.

    On the other end, injuries and uneven play have buried teams like the Pacers and Wizards near the bottom of the standings, with long losing streaks and defensive issues they haven’t been able to patch. The Nets and Hornets are also stuck in the mud despite some bright spots from their young cores, while the Clippers’ aging roster and mounting injuries have dragged them into the early-season danger zone. For rebuilding groups like Utah and Washington, the focus has already shifted from wins and losses to development, while a few “on-paper” contenders are scrambling to fix structural flaws before it’s too late.

    With that context in mind, here are The Hoop Doctors’ 2025–26 NBA Power Rankings based on how teams are actually playing right now — starting with the champs.

    1

    Oklahoma City Thunder

    Oklahoma City Thunder

    The champs look even scarier than last year, steamrolling opponents with a ruthless blend of shooting, length, and defensive versatility. Shai Gilgeous-Alexander is playing like the best player in the world, and their depth lets them blow teams out even on off nights.

    2

    Denver Nuggets

    Denver Nuggets

    Nikola Jokic has the offense humming again, and Denver’s starting five still looks like a cheat code when it’s healthy. They’ve kept pace with OKC in the West and rarely look stressed in crunch time, which is exactly what you want from a veteran contender.

    3

    Houston Rockets

    Houston Rockets

    Houston has turned into a buzzsaw, combining Kevin Durant’s late-career scoring clinic with a fearless, improving young core. They’ve won the vast majority of their recent games and built a top-tier offense that travels on the road and holds up against elite defenses.

    4

    Detroit Pistons

    Detroit Pistons

    The Pistons have been the shock of the season, riding an 11-game heater and locking into an identity built on length, physicality, and relentless transition attacks. Cade Cunningham looks fully in command, and their young role players are suddenly winning all the little margin battles.

    5

    Los Angeles Lakers

    Los Angeles Lakers

    LeBron’s return and Luka Doncic’s improved conditioning have turned the Lakers into one of the league’s hottest teams almost overnight. When those two share the floor with competent shooting and active defenders, they look every bit like a group that can challenge for the title.

    6

    San Antonio Spurs

    San Antonio Spurs

    Victor Wembanyama has dragged San Antonio out of the basement and into the real playoff conversation faster than anyone expected. Their offense is still learning to live through his unique skill set, but the combination of rim protection and stretch playmaking has made them a nightmare matchup on most nights. {index=5}

    7

    Cleveland Cavaliers

    Cleveland Cavaliers

    Cleveland hasn’t always looked smooth, but they’re stacking wins and still boast one of the better point differentials in the East. Donovan Mitchell’s shotmaking and Evan Mobley’s defensive range keep their ceiling high even when the offense bogs down for stretches.

    8

    Toronto Raptors

    Toronto Raptors

    After a shaky 1–4 start, Toronto has erupted, going on a blistering run with multiple players taking turns as leading scorers. Scottie Barnes looks like an All-Star again alongside Brandon Ingram and RJ Barrett, and the offense finally has enough creation to complement its disruptive defense.

    9

    Minnesota Timberwolves

    Minnesota Timberwolves

    Anthony Edwards has fully embraced the franchise-player mantle, and Minnesota’s offense has followed his swagger. Paired with a defense that has tightened up around the rim, the Wolves have quietly played like a top-tier team for most of the last few weeks.

    10

    Golden State Warriors

    Golden State Warriors

    The Warriors are no longer a nightly juggernaut, but when Stephen Curry gets rolling, they still look like world-beaters. A strong recent stretch, including statement wins over quality opponents, has pushed them firmly back into the early-season contender tier.

    11

    Philadelphia 76ers

    Philadelphia 76ers

    Joel Embiid is working his way back toward peak form on a minutes limit, and whenever he plays the Sixers look terrifyingly efficient. The supporting cast has been good enough to bank wins even when he sits, which bodes well for long-term playoff health.

    12

    Milwaukee Bucks

    Milwaukee Bucks

    The Bucks have been good but not dominant, mostly because Giannis Antetokounmpo has already missed time and the non-Giannis minutes still look shaky. When he’s on the floor, though, Milwaukee’s offense and efficiency spike to elite levels, which keeps them firmly in the top tier of East threats.

    13

    Miami Heat

    Miami Heat

    Miami has once again shrugged off injuries and lineup shuffles to grind out wins against tough competition. They’re not blowing anyone away, but the defense, shooting, and “next man up” mentality feel very familiar come springtime.

    14

    Atlanta Hawks

    Atlanta Hawks

    The Hawks have quietly stabilized after a rocky start, leaning on improved defense and breakout performances from their young core. Even with Trae Young in and out of the lineup, they’re stacking wins and showing a more sustainable identity on both ends.

    15

    New York Knicks

    New York Knicks

    Jalen Brunson continues to be the heartbeat of a Knicks team that is bruising people at home but still searching for consistency on the road. Their defense is playoff-caliber, yet they still feel one reliable secondary scorer away from pushing into the top ten.

    16

    Phoenix Suns

    Phoenix Suns

    The new-look Suns built around Devin Booker plus defense and shooting are starting to make more sense than last year’s awkward superteam. They’ve piled up wins lately and look like a much tougher out, even if their true ceiling still feels a step below the elite contenders.

    17

    Orlando Magic

    Orlando Magic

    Orlando shook off a sluggish start and has looked more like the rising power many expected, with Paolo Banchero setting the tone. Their defense is long and nasty, and new addition Desmond Bane has started to find a rhythm as a secondary creator.

    18

    Boston Celtics

    Boston Celtics

    Even without Jayson Tatum in stretches, Boston has defended well enough to hover around .500 and stay in the mix. The offense leans heavily on threes and system play, so when the shots fall they look great — but the margin for error is thinner than in past seasons.

    19

    Dallas Mavericks

    Dallas Mavericks

    Post-Luka, this version of the Mavs is more balanced defensively but still struggles to manufacture elite offense night after night. When their stars are healthy they can beat anyone, yet the lack of consistent shot creation drops them a tier below the true contenders for now.

    20

    Chicago Bulls

    Chicago Bulls

    Chicago came crashing back to earth after a hot start, but the overall body of work still looks respectable. If they can get fully healthy and keep up their improved ball movement, they’ll be in the thick of the East’s middle-class playoff race.

    21

    Portland Trail Blazers

    Portland Trail Blazers

    Deni Avdija has blossomed into a legitimate go-to scorer, giving Blazers fans a new star to rally around sooner than expected. They’re still learning how to close games and protect leads, but their energy and defense suggest this won’t be a typical tanking year.

    22

    Sacramento Kings

    Sacramento Kings

    It’s been a brutal opening month for the Kings, whose defense has been shredded and whose offense no longer feels potent enough to compensate. There’s already chatter about bigger structural changes, and for a team built to win now, that’s a worrying sign.

    23

    New Orleans Pelicans

    New Orleans Pelicans

    When Zion Williamson is on the floor, the Pelicans can look like a top-10 offense; the problem is that the lineups around him keep changing. The lack of continuity and defense has left them stuck in that frustrating zone between “dangerous” and “reliably good.”

    24

    Memphis Grizzlies

    Memphis Grizzlies

    Memphis still competes hard every night and shows flashes of its old defensive identity, but the offensive firepower just isn’t there consistently. Unless they get healthier and find more perimeter scoring, they’re staring at a season on the wrong side of the play-in line.

    25

    Utah Jazz

    Utah Jazz

    The Jazz have fully embraced the rebuild, handing heavy minutes to their young guards and living with the mistakes. There are some fun offensive explosions here and there, but the defense and late-game execution scream “development year” rather than playoff push.

    26

    Los Angeles Clippers

    Los Angeles Clippers

    The Clippers’ age and injury risk have caught up to them quickly, with a long losing streak and extended absences from key stars. Even when Kawhi Leonard is available, the roster no longer looks deep or dynamic enough to seriously scare the top of the West.

    27

    Charlotte Hornets

    Charlotte Hornets

    LaMelo Ball’s latest absence has pushed the Hornets back into lottery territory, even as rookie Kon Knueppel flashes serious star potential. They’re competitive in spurts, but the defensive issues and lack of veteran stability keep turning promising nights into losses.

    28

    Brooklyn Nets

    Brooklyn Nets

    Brooklyn sits near the bottom of the East with one of the league’s ugliest point differentials and a defense that can’t get stops. The silver lining is that their young wings are getting real reps, but for now this looks more like a long-term project than a quick reset.

    29

    Indiana Pacers

    Indiana Pacers

    The Pacers have been absolutely decimated by injuries, with Tyrese Haliburton’s Achilles issue headlining a brutal start. Without their offensive engine, they’ve fallen to the very bottom of the standings and rarely look competitive for 48 minutes.

    30

    Washington Wizards

    Washington Wizards

    Washington sits dead last with just a single win, a double-digit losing streak, and a defense that bleeds points every night. This is a full-on development and lottery season, with the front office clearly more focused on future picks than present-day results.

    The post NBA Power Rankings: Pistons are Red Hot! appeared first on The Hoop Doctors.

  • Michael Jordan Shows Why He’s Still the GOAT With a Massive Hometown Move in North Carolina

    Michael Jordan Shows Why He’s Still the GOAT With a Massive Hometown Move in North Carolina

    Michael Jordan Donation

    When we talk about greatness in basketball, one name still towers above all: Michael Jordan. But greatness isn’t just defined by six championships or unforgettable dunks. It’s about legacy, impact and coming full circle. And this week, Jordan rewrote the narrative again with a move that highlights not just his athletic throne — but his heart.

    The Gesture That Speaks Volumes

    According to multiple credible reports, Michael Jordan donated $10 million to the Novant Health New Hanover Regional Medical Center in Wilmington, North Carolina — his childhood hometown — in honor of his mother, Deloris Jordan.

    The donation will fund the neuroscience institute at the medical center, which will be renamed the “Novant Health Deloris Jordan Neuroscience Institute,” and will broaden access to advanced neurological care, from stroke and spinal treatment to Alzheimer’s and Parkinson’s disease.

    Why this matters

    • Jordan grew up in Wilmington and his roots in North Carolina have always been part of his story.
    • Giving back in his home state anchors his legacy beyond the hardwood.
    • Enhancing healthcare access makes this less about PR and more about real human impact.

    The GOAT’s Return Home

    Let’s rewind: Jordan moved with his family as a youngster to Wilmington, NC. After dominating at the collegiate level at University of North Carolina, then starring in the NBA and becoming a global icon, Jordan could’ve simply rested on his laurels. Instead, he’s choosing to make waves off the court.

    This donation is also part of a deeper philanthropic streak. It follows previous contributions Jordan has made through clinics and community efforts in North Carolina. Here is the heartfelt ceremony from his last big donation to the same organization last year. Word has it that this latest donation may draw Jordan to make another personal appearance at a ceremony early in the new year.

    What It Means for the Hoop World

    From a basketball vantage point, this gesture strengthens Jordan’s standing in multiple ways:

    1. Legacy amplified: Greatness isn’t just what you do when the camera’s on — it’s what you build when it’s off.
    2. Brand impact: Jordan’s empire already spans business, entertainment and sports. But philanthropy gives his legacy an extra dimension.
    3. Cultural resonance: His commitment to North Carolina reminds fans everywhere that legends come from places and give back to places.

    A Closer Look: The Numbers & the Name Drop

    The $10 million donation is noteworthy for several reasons:

    • It’s focused on neurological care, a high-impact health domain.
    • The naming of the institute after his mother elevates the personal dimension of the gift.
    • It reinforces Wilmington — and by extension North Carolina — as part of Jordan’s story, not just an origin point.

    To quote Jordan: “My mother taught me the importance of compassion and community, and I can’t think of a better way to honor her than by helping ensure those in need can obtain the most advanced neurological care available.”

    Whether you’re a die-hard basketball fan or just someone who appreciates a great human story, the headline is simple: being the GOAT isn’t just about what you dominate — it’s about what you give back.

    So next time someone asks “why is Michael Jordan still the GOAT?” you don’t have to talk stats — you can talk legacy. And thanks to this gesture in North Carolina, the answer gets written not just in highlight reels … but in healthcare wings, community halls and the lives of people being helped.

    Legend. Leader. Philanthropist. Home-town hero. Michael Jordan checks them all. And by channeling his name, his fortune and his family legacy into something that matters — he reminds us all what greatness can look like off the court.

    Written for TheHoopDoctors.com — because basketball isn’t just a game. It’s a legacy.

    The post Michael Jordan Shows Why He’s Still the GOAT With a Massive Hometown Move in North Carolina appeared first on The Hoop Doctors.

  • How Digital Culture Is Transforming the Modern NBA Fan Experience

    How Digital Culture Is Transforming the Modern NBA Fan Experience

    The NBA has always been bigger than the games themselves. It’s a global movement built on personality, storytelling, and the constant exchange of ideas among fans. Today, that movement lives just as strongly online as it does inside arenas, with fans turning to interactive entertainment for year-round engagement. Even light digital experiences—such as Highroller, a top-tier social slot experience—fit naturally into this modern ecosystem by giving fans something fun and energetic to enjoy between major NBA moments.

    This shift toward digital engagement has reshaped how people connect with the league. Highlight clips, player reactions, fashion tunnels, and offseason updates now circulate in real time, creating a continuous culture that never slows down. The modern fan isn’t just watching games—they’re sharing, discussing, remixing, and interacting with NBA content every day. Digital spaces have become the new barbershops, playgrounds, and postgame hangouts where fans debate everything from MVP races to classic moments.

    As a result, NBA fandom feels more immersive and social than ever. Digital platforms allow supporters from all over the world to join the conversation instantly, building communities that revolve around shared passion and personality-driven storytelling. This interconnected network has become one of the strongest driving forces behind the league’s global growth.

    Players Are Becoming the League’s Top Influencers

    One of the most fascinating changes in NBA culture is the rise of players as their own media networks. Through livestreams, short-form videos, and unfiltered updates, athletes now shape public narratives directly. Fans get to see their personalities, routines, and reactions without intermediaries, creating a level of intimacy that earlier generations could never experience.

    This trend has dramatically strengthened fan–player relationships. A workout clip from Jayson Tatum, a tunnel fit from Shai Gilgeous-Alexander, or a pregame joke from Stephen Curry can ignite massive interactions online. These moments turn athletes into storytellers and cultural leaders, extending their influence far beyond the court.

    A recent analysis from Nielsen Sports notes that digital-first engagement has helped the NBA become one of the fastest-growing global sports properties among younger demographics. This growth is driven not only by the games themselves but by the personalities shaping conversations every day.

    Highlight Culture Is Redefining How Fans Watch the NBA

    Thanks to social feeds, the NBA is now consumed in bite-sized moments—poster slams, ankle-breakers, chase-downs, celebrations, and pure displays of creativity. This highlight-driven culture keeps the league in constant circulation, especially among younger fans who love fast, shareable bursts of action.

    Some traditionalists argue that micro-moments can overshadow team strategy, but the reality is this: highlights amplify passion. A single viral play can turn a casual observer into a dedicated fan. It’s become one of the NBA’s most powerful marketing engines.

    Highlight culture also fuels daily debates. Which moment was better? Who delivered the coldest sequence? What does it say about a player’s place among the greats? These conversations extend well beyond the court and strengthen community identity.

    The NBA Offseason Has Become Its Own Entertainment Universe

    Once upon a time, the offseason meant silence. Now it’s one of the most dramatic parts of the year. Fans track training clips, trade rumors, fashion reveals, pickup runs, podcast appearances, and summer leagues with as much excitement as regular-season games.

    In quiet stretches, many fans turn to other forms of digital fun to keep that energy going. Whether they are scrolling through NBA updates, interacting with community posts, or unwinding with light digital experiences, the offseason has transformed into an entertainment ecosystem of its own. The culture no longer pauses—it simply shifts focus.

    Digital Creators Are Changing the NBA Conversation

    Independent creators now play a massive role in shaping how fans interpret the league. YouTube analysts break down plays in slow motion, while podcast hosts offer unfiltered opinions that rival mainstream shows. Meanwhile, TikTok and Instagram creators spark debates that spread in minutes.

    This democratization has opened the door for more perspectives. Fans don’t just consume—they contribute. They build narratives, counter-narratives, theories, memes, and commentary that influence how the season is discussed.

    The NBA benefits from this constant activity. Every creator becomes a mini-broadcaster keeping the league in the cultural spotlight.

    Fashion, Identity, and Expression Thrive in the Digital Space

    The NBA tunnel has become a global runway, and social feeds amplify it. Fans are just as eager to see a player’s entrance outfit as they are to see the opening tip. This blend of fashion and basketball has become a signature element of NBA identity.

    Players express themselves through style, music, humor, art, and personal branding. And because everything is instantly shareable, fans feel like they’re part of the journey. The league’s cultural reach extends far beyond sports—tapping into entertainment, lifestyle, and global youth culture.

    Interactive Digital Spaces Strengthen NBA Community Bonds

    The NBA has always been about community, from neighborhood courts to fan gatherings. Today, much of that community lives online. Fans join discussions, compare takes, create highlight compilations, participate in group chats, and bond over shared excitement.

    Digital worlds help recreate that social energy. They keep fans connected when the season slows down and offer places to unwind while staying close to the culture they love. These environments, whether social platforms or casual online experiences, mirror the camaraderie that defines basketball culture.

    What the Future Holds for NBA Culture

    The NBA’s digital evolution is just beginning. As technology advances, fans may soon enjoy:

    • Virtual viewing spaces with real-time interaction
    • Immersive player-led livestreams
    • AI-personalized breakdowns of plays
    • Global fan events that blend virtual and physical spaces
    • New forms of digital collectibles tied to exclusive experiences

    The league has always been forward-thinking, and this next phase will make NBA culture even more accessible, social, and vibrant.

    Final Thoughts

    NBA fandom has transformed into a hybrid experience—part on-court excitement, part digital immersion. The passion remains the same, but the ways fans express it have multiplied. Through highlights, creator content, player storytelling, style culture, and light digital play during downtime, supporters stay connected to the league all year long.

    The modern NBA is no longer just a game. It’s a 24/7 cultural ecosystem shaped by energy, personality, and the digital creativity of its fans.

    The post How Digital Culture Is Transforming the Modern NBA Fan Experience appeared first on The Hoop Doctors.

  • ‘Deranged and dangerous’: Trump says ‘I guess’ Americans should expect a deadly attack on US

    ‘Deranged and dangerous’: Trump says ‘I guess’ Americans should expect a deadly attack on US

    Demonstrators trample on a portrait of US President Donald Trump during a protest against the attacks by Israel and the US on Iran, as they march towards the US embassy in Baghdad on March 5, 2026. Photo by Ahmad Al-Rubaye/AFP via Getty Images.
    Common Dreams Logo

    This story originally appeared in Common Dreams on Mar. 06, 2026. It is shared here under a Creative Commons (CC BY-NC-ND 3.0) license.

    In an interview with TIME magazine published Thursday, US President Donald Trump responded flippantly to a question on whether Americans should be concerned about the possibility of a retaliatory attack on United States soil amid his illegal and intensifying war on Iran.

    “I guess,” Trump said when asked about a direct Iranian attack on the US. “We expect some things. Like I said, some people will die. When you go to war, some people will die.”

    Democratic lawmakers quickly seized on the president’s comment as further evidence of his callous lack of regard for the potentially catastrophic consequences of the war he launched.

    “This is deranged and dangerous,” said US Sen. Elizabeth Warren (D-Mass.).

    Sen. Mark Kelly (D-Ariz.), a retired US Navy officer, wrote on social media that the president “has terrible judgment, and Americans have already died because of it.”

    “This is officially TRUMP’S WAR,” Kelly added.

    Sen. Chris Murphy (D-Conn.) said Trump’s remark underscored that “we have totally unserious, completely incompetent people taking us into mindless, deadly war.”

    The Trump administration has confirmed the deaths of six American soldiers so far. Earlier this week, a top Iranian security official claimed Iran’s response to the massive US-Israeli bombing campaign—retaliation that has hit American military bases throughout the Middle East—has killed 500 US soldiers.

    More than 1,200 Iranians have been killed by US-Israeli strikes so far, including the more than 160 people—mostly young girls—massacred in an attack on an Iranian elementary school that US investigators believe was carried out by American forces.

    “Six of our fellow Americans and over a thousand Iranians lie dead. Their families have been shattered. Billions of our tax dollars have been spent. The Middle East has been plunged into war,” Graham Platner, a Democratic candidate for US Senate in Maine and a veteran of the wars in Iraq and Afghanistan, wrote Thursday. “And for what?”

    The Trump administration has refused to provide a clear objective, justification, or timeline for the war, which is costing US taxpayers roughly $1 billion per day. Politico reported earlier this week that US Central Command is “asking the Pentagon to send more military intelligence officers to its headquarters in Tampa, Florida to support operations against Iran for at least 100 days but likely through September.”

    “The longer this war goes on,” Bruce Hoffman of the Council on Foreign Relations wrote Thursday, “the greater the incentive for Iran to apply all forms of asymmetric warfare in hopes of coercing Trump to abandon his war aims. Sleeper agents, lone actors inspired and motivated by Iran, cyberattacks on US infrastructure, and physical attacks on critical infrastructure are all possible.”

    In response to Trump’s comments to TIME, Brian Finucane of the International Crisis Group asked, “Can someone remind me who the heads of the DHS and FBI are at the moment?”

    “Surely they will stop any such attack,” Finucane wrote sardonically.

  • Iran: The war Western media always wanted

    Iran: The war Western media always wanted

    Smoke rises from the site of an Israeli airstrike on the southern suburbs of Beirut on March 3, 2026. Photo by AFP via Getty Images.

    The US-Israeli war with Iran is spiraling into a regional catastrophe, and the number of dead is rising quickly. While President Donald Trump, Israeli Prime Minister Benjamin Netanyahu, and the war hawks in their cabinets are responsible for this illegal war, they are not the only ones with blood on their hands. TRNN Editor-in-Chief Maximillian Alvarez speaks with Abby Martin, host of The Empire Files, and Adam Johnson, co-host of Citations Needed, about how Western media and American politicians in the Democratic “opposition” have helped manufacture the conditions for war with Iran.

    Guests:

    Credits:

    • Video Post-Production: Cameron Granadino
    • Podcast Post-Production: Alina Nehlich
    Transcript

    The following is a rushed transcript and may contain errors. A proofread version will be made available as soon as possible.

    Maximillian Alvarez: Welcome everyone to the Real News Network. My name is Maximillian Alvarez. I’m the editor-in-chief here at The Real News, and it’s so great to have you all with us. Urged on by Israeli Prime Minister and Genes Adair, Benjamin Netanyahu, President Donald Trump thrust the United States into a war with Iran on Saturday, committing what critics say may be the worst foreign policy decision in history. US and Israeli forces have been accused this week of seemingly indiscriminate bombing of Iran as the country’s Red Crescents said that at least 555 people have been killed amid reports of fresh mass casualty attacks across the country. And now, a shocked globe watches in horror as the US-Israeli war with Iran boils over into a deadly regional disaster. Since the start of the war, Israel has sent troops into Lebanon and ramped up its illegal annexations of Palestinian land in the occupied West Bank.

    Iran is retaliated by striking multiple US military bases in the Middle East, including facilities in Bahrain, Iraq, Kuwait, and the United Arab Emirates. The US military has confirmed that six American soldiers were killed in Sunday’s strike in Kuwait. Americans are being urged to leave 14 countries in the region because of serious safety risks. And the US embassies in Beirut, Kuwait, and Saudi Arabia are closed. But wait, it gets worse. As Stephen Prager reports at common dreams, at a briefing on Monday, as President Donald Trump unleashed what has been called a carpet bombing of Tehran, a combat unit commander reportedly told non-commissioned officers that the commander-in-chief was “anointed by Jesus to light the signal fire in Iran to cause Armageddon and mark his return to earth.” The complaint sent by one of those non-commissioned officers was just one of at least 110 similar reports received by the Military Religious Freedom Foundation since Trump first launched strikes on Saturday.

    Regardless of the Trump regime’s saber rattling and half-baked justifications for this illegal war, it is clear that neither Trump, Netanyahu, nor Iran have the sole ability to control the outcome here. The proverbial Pandora’s box of war has been opened. A lot of people are going to die, and the geopolitical and economic shockwaves are already being felt around the globe. And to be 100% clear, Donald Trump and Benjamin Netanyahu are the ones responsible for this war and whatever comes next. That is patently obvious, but they and their cabinets of warhawks are not the only ones with blood on their hands. And today, we’re going to talk about how Western media and American politicians in the supposed Democratic opposition have also helped manufacture the conditions for this war. And I’m extremely grateful to be joined today by two guests who are going to help us dig into this.

    Abby Martin, legendary journalist, documentary, filmmaker, and host of the Empire Files, and Adam Johnson, writer, media critic, co-host of the Citations Needed Podcast, and a columnist for us here at the Real News. Thank you both so much for joining us today. I want to dive right in and focus on the media’s complicity in this US-Israeli war with Iran. So Adam, I’m going to toss it to you first and I want to ask you guys, in your assessment, how have legacy media outlets responded to the war with Iran over the past week? And what does that response tell us about the media itself?

    Adam Johnson: Well, I think much of the heavy lifting was done prior to the bombing. Obviously, decades of anti-Iran-Iran sentiment and our media, there’s been this quote-unquote nuclear threat from Iran. I think the conflation of their civilian nuclear energy program with some sort of proto-nuclear bomb has been probably the most successful if you sort of polled. I talked to some pollsters about polling this question last June, and none of them ever did, but I think it’s actually quite urgent. And I’m going to tempt to try to get it pulled, but if you ask the average American, “Do you think Iran has a nuclear weapon?” My guess is you’d say probably 60, 70% would say yes. And you see this slip up all the time. I mean, either intentionally or unintentionally. CBS news under Barry Weiss claimed that Iran had one in one social media post two days ago.

    But of course, there’s a fatwa against having a nuclear weapon in Iran. They’ve never built one. They have not had a nuclear weapons program. In at least 25 years, this is something US intelligence has affirmed over and over again. But this conflation of their civilian nuclear energy program, which again, dozens of countries on earth have without having a nuke, this is a very common thing, has been, and they’re right under the NFT and other international treaties to have that has been conflated as this constant ticking time bomb threat. I think that’s the primary core of anti-Iran propaganda because it’s not like obviously Iran doesn’t fund or arm Al-Qaeda or ISIS. As far as I can tell, it’s not invading California or New York. So to get the average American to care, they have to have this specter of a nuclear armed madman religious fanatics. And that has been kind of the central conflation.

    They don’t make that clear. They repeatedly mislead people into thinking they have nuclear weapons. And I know the New York Times in several instances had to retract making those claims because it just becomes conventional wisdom. And I think that’s probably the single biggest fear-mongering thing one has seen over the last 10 years. It’s something I know that my co-host Nima Sharazi has written about for, gosh, almost 20 years now at this point. That is the central lie. And then of course you have these other lies, this idea that Iran’s the greatest exporter of terror, whatever that means, despite the fact that Israel has killed more American civilians in the past 30 years than Iran has. This is quantifiable. You can count them and look it up. Obviously, Iran supports Hezbollah to a much lesser extent Hamas, but that support is not very significant and also is not quote unquote terrorism in the sense that you and I would understand it in terms of these kind of Suni typically Al-Qaeda or ISIS types, which of course have been historically backed by many of Iran’s primary geopolitical enemies in the region, including Saudi Arabia, Qatar, UAE, et cetera.

    So it’s mostly just kind of racist vibes. It’s sort of like they’re Muslim, they have a cleric and they’re adversarial to US and Israeli hegemony. Therefore, they’re kind of per se always about to kill grandma and attack you. But what’s remarkable about this is despite all that propaganda is how unpopular this is in the polls. There wasn’t a real concerted effort over several months to build. They made an effort by promoting these widely inflated death tolls of people that were killed during the crackdown in early January. I think even anti-government or anti quote unquote regime numbers put at the highest at four to 6,000, but then they started just making it 32,000 and then 50,000. I think some even auctioned off 60,000 because they wanted to have parity with Gaza. These numbers are obviously just not physically possible. That was the primary way they tried to propagandize people to sort of get the liberals to buy in or to care.

    But what’s remarkable is how little it’s worked. There’s just broad fatigue around Israel. There’s broad war fatigue in the Middle East. Only 7% of Democrats support this war, which is very, very low. It’s actually, as I noted in my piece for the nation yesterday, that is three percentage points lower than the percent of Democrats who believe that Biden stole the 2020 election for Trump. I mean, it is very, very, very, or stole the election from Trump rather. It is very, very unpopular. More Democrats voted for Trump than support this attack on Iran. And it’s only sort of barely a plurality of support among Republicans. So one of the reasons there wasn’t, of course, a vote in Congress or much deliberation or pitch to the public is because they don’t really need the public’s approval. I think if Gaza and the genocide in Gaza showed one thing is that you can just assert these extreme mechanisms of violence.

    And our media will protest around the margins. The New York Times editorial board opposed it, but they only posed it in process terms. They reinforced all the premises, evil dictator, crushing their own people, all the kind of … And so you can sort of create reality, and this is what Trump and what Israel and the United States are doing. They’re kind of creating reality. But Iran, unlike Gaza, has a way of meaningfully fighting back with respect to an Air Force and surface to surface and surfaced air capacity. So they are firing on US military bases. They’re going to obviously kill many American troops. And this is a reality. Again, even for people who are extreme regime change nut cases, they have hand wringing. They’re happy it’s happening. You’re kind of Atlantic magazine types, but your Anapplebombs or Elliot Kohns, they’re sort of hand wringing about process, but ultimately it’s their Super Bowl.

    This is the moment that Editor-in-Chief of the Atlantic magazine, Jeffrey Goldberg’s been looking forward to his entire professional life. This is someone who promoted conspiracy theories about Saddam Hussein having links to nine eleven, who promoted conspiracy theories about Hezbollah’s sleeper cells, blowing up strip malls in the United States in 2002, someone who constantly trial ballooned airstrikes on Israel during the Obama administration. So for a lot of people, this is a long day coming. And the assumption is that once you humiliate and subjugate Iran with these … I don’t think they’re really going for regime change. I don’t think anyone really believes that, mostly because any regime that replaces this regime would still be anti-Israel because they’re bombing their fucking girls schools and there’s not really a dictator on offer. And so it’s obvious the goal is to just do what they did to Lebanon, and to Syria, which is to sort of just pound it into submission and to indiscriminately kill civilians until they have full reign over the skies and sea.

    And that’s really what you’re seeing. So you’re seeing a kind of indiscriminate bombing, as you noted, because that’s part of the Israeli and part of the American strategy. It’s to inflict violence on civilians, specifically children to get a military actor to capitulate.

    Maximillian Alvarez: Abby, let’s toss it to you. How would you read the media’s response to this war?

    Abby Martin: Well, it just reminds me, as Adam was talking, the Ronkin Suskin quote from New York Times being told by Carl Rove, we create our own reality and you guys are just left to report on what we do. That’s the way the world works. And it really has been laid bare with this kind of naked, belligerent, aggressive colonialism. I mean, let’s not forget that Iran holds the third largest oil reserves in the world. So we’re talking about literally just two months after the flagrant kidnapping, the brazen black bagging of a sovereign leader overseeing the largest oil reserves in the world with little controversy from the world stage. I remember all the European leaders who are the doormats for US imperialism came out and they’re just like, “Well, we didn’t like the way … Let’s not talk about legality now. Maduro needed to go. ” And we’re seeing the exact same rhetoric.

    We’re seeing the exact same acquiescence cowtowing to this insanity from these global leaders because they’re just complicit. I mean, they are appendages to this system and they have been vying for this for decades. One of the biggest, I think, misconstrued understandings of the situation is that Israel has forced America’s hand into this, somehow absolving the Great Satan. Look, this is the ritual sacrifice to the oil dragon. This is what America does. This is all for oil. It always has been, and they do not care about the human casualties or the environmental toll of anything that they do. So this is just pure savagery and barbarism. But like Adam’s articulating, this does not happen in a vacuum. The media has laid the groundwork for all of this. I mean, they’re doing the exact same playbook just like they did in Gaza, obfuscating who’s perpetrating the atrocities.

    I mean, 150 children, I mean, on the first day, one of the worst atrocities that the US has directly committed since Vietnam. And the way the media was reporting on it, buried. The leads buried in paragraph seven. The headline is just like, “Yep, this happened. It was really bad. Well, who the hell did it? Who did it? ” And then you see again, the confusion and, oh, well, it was a misdirected missile. Well, that’s what they said. And everyone is just again, trying to confuse and obfuscate who the perpetrator is of the atrocities. And then of course, the European doormats go out there and they’re just like, “How dare you? How dare you respond to an attempt to completely destroy your country?” Taking out of your supreme leader, all of these politicians, Akhmedjada would be like bombing Bush at his ranch now. I mean, this is absolutely insane the way that this has been normalized and accepted by the world.

    So when you give someone an inch, they won’t stop. And this is what happens when you incubate a planet, incubate a world order that lets war criminals run free, gallivant around the world selling books, going on Ellen DeGeneres’s show, going to baseball games and being a good old boy. This is what happens when you look forward and not backward. This is what happens with a world that has total impunity for a military empire brutalizing and subjugating the planet and the media plays right along. It is horrific and disgusting to see another war of aggression in my name and our names be carried out with the just complete and utter complicity and compliance from Western media.

    Maximillian Alvarez: I want to tug on that thread just a little more. And I mean, Abby, your career arc basically tracks across the beginning of the disastrous invasion of Iraq to now. And you have been a participant in that media struggle since way back then, all the way to now. And I just want to unpack a little more for folks watching and listening the path that got us here, like you both said, and like it has done with Palestine, the entire US legacy media machine from the New York Times to Hollywood has been manufacturing fear of Iran and manufacturing consent for eventual war or regime change war in Iran for basically our entire lifetimes. And I wanted to just kind of go deeper on that to not only highlight some of the specifics that you guys already highlighted, like the headlines that we see, the perspectives that we get and that we don’t get, but let’s talk about this as sort of like a Western kind of media system that creates this kind of, at worst, a hunger for war or at best, a total lack of care when war happens.

    Adam Johnson: I mean, I always think back to when they made Argo in 2012, the Ben Affleck movie about them producing a fake film to rescue the hostages or whatever, some sort of, even though it was all Canadians, but they made a fake movie and had a fake director and a fake producer to go rescue hostages during the Iran hostage crisis in the ’70s. And it was this fun caper. And then two years later, 18 months later, John Stewart directs a movie called Rosewater about a reporter, a videographer for Newsweek who’s arrested by the Iranian regime and tortured or whatever. And it’s like, you just gave a best picture to a movie about using artists and reporters and journalists as spies. And then 18 months later, you hand wring about Iran being paranoid about journalists being spies. And it’s just this constant, everything we do that undermine the regime is sort of cool.

    It just now, we just found out Israel hacked into the traffic cameras in Tehran. We found out, of course, last year that they had hundreds of spies in Iran that were, when they were bombing, that were giving away positions and themselves bombing places. They had a car bomb go off in Tehran. And then you turn around and you say, “Oh, well, everything else that happens in Iran is that they’re just an oppressive regime.” And it’s like, can you imagine if there was that level of infiltration in the United States from a hostile foreign power? Russia put up Facebook ads and we had a two-year meltdown in this country. Just imagine if they were paying people within the United States to blow up car bombs and to assassinate scientists and to assassinate academics. We would be the most paranoid security state in history. We already are the most paranoid security state industry, but it would be 10 times, a hundred times worse.

    And so there’s this double game that’s been going on for years where it’s agitation, spying, provocation, and then anytime there’s any form of security repression, it’s, oh, they’re authoritarian, blah, blah, blah. And that isn’t to say that everyone they arrest is guilty or whatever.That’s not the point I’m trying to make, but it’s like when you see each country, when you surrounded on all sides by … Everyone’s seen the map of Iran with all the military bases. When you invade both their neighbors in 2001 and then 2003, when you constantly say, “We’re going to bomb, bomb, bomb Iran,” as John McCain did. If you have op-eds in the newspaper from high level senators, from Brett Stevens saying, “We need to bomb Iran from nonstop.” It’s like, well, what do you expect them to do? Seeing instead of death to America, we love America. I mean, so there’s this mutual antagonism, well, largely one directional antagonism.

    And then the second Iran does anything to assert its sovereignty or is remotely paranoid about the intentions of people who visit. It’s, oh, they’re cracking down. They’re authoritarian. And it’s also cheesy and simplistic. And that’s where I think the kind of liberal interventionism comes in because it doesn’t give anything any context. It doesn’t give any context to anything. The worst word you can use in liberal media, and I don’t mean that in the Rush lumbol sense. I mean, center left, like democratic media is context. You can’t have any context to anything. History starts on October 7th, 2023. History in Iran starts January 1st of this year when the protest began. You’re not allowed to have any context for anything. And so that’s why it’s almost shocking, and it’s not a word I use a lot because I think whether or not a pundit is shocked is not inherently interesting, but it is to me shocking how unpopular this is, how much fatigue, how much skepticism people have for this war machine that just simply wasn’t the case even five years ago.

    And obviously Gaza I think is the primary reason for that. I think there’s only so many dead kids you can see on your screen to where you go, oh, well, they probably had it coming. I mean, you have it nonstop for whatever it is now, 31 months in Gaza. And then of course they blow up this girls school and 160 dead kids. And it just feels like the sort of normal torrent of human shields and democracy and freedom. It’s not working and they don’t really care. And my sense is that they probably see this as their last shot, that public support for Israel is plateauing. This is why JD Vance, who of course is running in 2028. He’s doing the Biden, right? He’s leaking all these stories, talking about how upset he is about going to war against Iran and how he secretly opposes it.

    He’s doing the angry, hopeless Biden kind of laundering through the New York Times to really any reporter who will listen because he knows this isn’t popular. And so you have this raw unchecked carnage for people who aren’t running again for reelection run by religious fanatics, both Christian and Jewish religious fanatics who are hell bent on carrying out this agenda. Obviously there are resource motives, as Abby points out. And there’s no sense that there would be any, to the extent to which so- called liberals prop this up.

    And I put we in this category, because I think maybe I can fall victim to it sometimes, is we get caught up in this progressive narrative of like, well, they’re a theocratic regime or they oppress their own people. And it’s like, you’re welcome to believe that. And that’s all fine. But what’s important to understand is that that literally has no bearing on what the US or Israel does. They have zero liberal motivations and Biden had zero liberal motivations for freeing the people of Gaza or whatever kind of Retkan clap trap the New York Times or the Atlantic wishes to use to justify it. And so I think one thing we have to stop doing is acting like, especially with someone like Trump who doesn’t even run through the motions. He doesn’t even bother to act like he’s … I mean, this was actually the first time he did it.

    He’s like, “I’m going to liberate the protesters or whatever.” He sent out two half-ass tweets and then never mentioned it again. They don’t care about any of that shit. And the extent to which the liberal media intervenes and does all this, well, pox them both their houses stuff, it’s like, look, the United States is running through a hit list right now of countries. They are starving Cuba, they are starving and attacking and hijacking the natural resources of Venezuela. They will kill tens of thousands of people in Iran. They will turn Iran into another larger Gaza until they submit to their whims. Obviously, they’ve killed more than 500 people in Lebanon during the so- called ceasefire in Lebanon. They’re running down a hit list of countries. We just don’t have time to look for the perfect victim. We have to acknowledge what’s going on and talk about the ways in which empire is running through a hit list and we need dramatic interventions and we need them fast and to stop carrying water for these faux humanitarian and human rights concerns, which no one in power cares about.

    Abby Martin: Yeah. I mean, I agree that I think right now the US is hitching its wagon to the best political capital that Israel will ever have. They know that they’ve lost the public consciousness forever. And I think similarly to US empire, they know that this is their best shot to ram through. I mean, it’s the chaos presidency. It’s every outlier ramming through the most insane fanatical agenda attaching themselves to Trump. And so all the Iran war freaks and warhawks … Look, Israel has congruent interests with the US. The US has congruent interest with Israel. They’re not identical, but let’s not absolve the decades long campaign to oust the Iranian government. I mean, obviously this goes back to the ousting of the Shah and everything that happened after that. I mean, to Adam’s point, it’s amazing to see Barry Weiss’s free press editorializing, basically saying, not only war is peace, literally.

    That was literally a headline saying, “This war is the best chance at peace.” I mean, we cannot get more cartoonists than that, but also literally saying, “What’s going to happen to Iran’s nuclear weapons now as if they had them?” I mean, the last attack Trump was saying, they obliterated the nuclear arsenal. So where is it? And also, how are we not talking about the environmental impact of just … If it is there, they’re just bombing the hell out of nuclear reactors. I mean, all of it is just absolutely mind-blowing and insane. But going back to the root of this, it’s almost like everyone seeded to the inevitability that this was the outcome. For decades, all we’ve been hearing is Iran is the mass architect of the global war on terror. All these other countries were just stepping stones to get to the big prize. This is what we’ve been hearing in a bipartisan fashion through every administration.

    Let’s not forget what Obama did, even though he was working on the nuclear deal, the Stuxnet virus that put a computer virus in Iran’s nuclear reactors or whatever the hell, the nuclear energy program. I mean, all of it is just so insane. And so again, when you create a world where this is the rhetoric and there’s no differentiation between this is the outcome, it’s just a singular line all toward this. It’s just how are we going to get there? So there’s the diplomatic pretense of human rights and democracy that’s always been the veneer of the neoliberal wing of the ruling class. But now everything is removed, everything’s naked and exposed, and that’s not even being held onto by the so- called opposition leaders. They’re just saying, “Look, we just want Trump to make his case.” This is a big deal, guys. “What’s your case, Trump?

    “It’s like, “Well, it’s a little too late for that, isn’t it guys? We’re in full-blown World War III now. So great job effectless psychopaths. “I mean, the shortsightedness of all this is just absolutely astonishing. So yes, they are going to use the Gaza playbook to every country that is not bowed out of the dictates and subjugation of global capital at the barrel of a nuclear armed gun. And all of the cartoonish rhetoric, it’s so infantilizing and absurd, but it doesn’t even matter. It’s a paper tiger. It’s so desperate and extreme. They don’t care. They didn’t need to build up a propaganda campaign. They know that there’s no opposition to this in terms of the representation, and they don’t care that Americans don’t support it because we live in an oligarchy. There’s no democratic control whatsoever over what our politicians do in our names. So we have to act quickly and we have to organize accordingly.

    And that comes with mass education because we can no longer trust any media institution to tell us the truth whatsoever. If the Gaza genocide has not exposed that, then frankly, we’re lost.

    Adam Johnson: I mean, I can talk a bit about the Democratic response. I mean, I wrote about it in the nation and I obviously wrote about it for the real news. I did a sort of more updated version yesterday because I think that’s really key here. When you talk about this complete divorce between the base of even, let’s just focus on Democrats who, again, only 7% support this war, 76% opposed. And that’s a 10 to one. I mean, that’s almost unheard of for issues, pretty much any issue. It’s less popular than herpes, right? Yet we have the Democratic leadership in Chuck Schumer and Hakim Jeffries who spent eight days from when the New York Times broke the story of Trump planning an attack on Iran on February 18th, breaking news, New York Times, everyone can read it. February 19th-ish, 20th-ish, Massey and Khana proposed their war powers resolution within 48 hours.

    And then from then until February 26th, February 27th, Hakeem Jeffries and Chuck Schumer don’t issue a single press release or a single social media post about Iran. Whenever they’re asked about it, they deflect and make process concerns. He needs to come to the American people, make his case, and then they immediately switch to talking about the economy. So you have this agreement through silence because they can look at polls just like you and I can, and they see how unpopular it is. Yet, Chuck Schumer, who again told Brett Stevens two years ago that his primary job as one of the two most powerful Democrats in Congress was to quote, keep the left pro- Israel. Hakeem Jeffries and the House of Representatives is the biggest recipient of APAC money and pro- Israel money, more general $1.4 million. And when he was raised to what at that time was the Speaker of the House, the guardian said, “This is great for pro- Israel groups.

    He’s astonished support of Israel.” So obviously APAC is pushing this war. Pro-Israel money is pushing this war. Now Hakeem Jeffries, again, he’s in a very tight spot. He’s in a very progressive, very left-wing district. He ostensibly represents a liberal opposition party. So in the event that you find yourself in a situation where you need to support the interest of the war machine and APAC more specifically, what do you do? You deflect, you hand ring and you rely on process critiques. And process critiques are fundamentally a way of saying no comment because inertia is working in your favor. An object emotion will remain in motion unless otherwise acted upon. And he saw the gathering storm of the invasion, the bombing. He knew it was happening and they didn’t say anything. And they didn’t say anything because, and I think this is a logical inference. I am speculating because he agrees with it and he likes it.

    Until upward pressure got too intense within the House of Representatives where he said, okay, well, Massey and Khana can force a vote anyway because war powers resolutions are privileged. And so let’s co-opt it and let’s say, okay, we’ll do it next week. Next week, March 1st or 2nd, over the weekend, let’s take a weekend off. Let’s go to Bini Hanna’s, let’s take our kids to the park, maybe go kick back some cold ones, watch them college basketball, whatever they want to do. No rush, no big deal. So then 10 days after he begins massing this armada. Everyone knows Trump attacks on a Saturday morning. He did the same thing with Venezuela almost to the minute, Saturday morning at 12:30. That’s why I stayed up late that night because I assumed it was going to happen and it did. I usually go to bed at 11:00.

    I’m an old man.

    Abby Martin: Hopefully you bet on Hollymarket man and made 500 grand like some of these interviews.

    Adam Johnson: Yeah, it’s true. I could have. And everybody knew that if it was going to happen, it was almost certainly going to happen either the prior Saturday or that Saturday. But don’t worry, let’s delay the vote till Monday. Oh, mysteriously it happens. Oh, man, that’s so bad. I cannot believe that he went to war with Iran. So you have a fake helpless, a fake week, a fake opposition party running through the motions despite the overwhelming wishes of its party. The same Quinnipiac poll says 95% of Democrats, which again, you cannot get 95% of anybody to agree on anything said that Trump needed to go to Congress before he launched a war. So they knew this. Again, they can look at the same polls we can, but they had to square the circle of their support for Israel and for Zionism more broadly and for American imperialism more broadly.

    And so they did the only thing you can do in that situation, which is, blah, blah, I don’t know. Let me look at the paperwork. Where’s my wallet? I’m kind of late to a thing. And so they served their primary function. And now we’re not even getting an award powers vote until Thursday, which again is over two weeks from when the sermata began. There’s absolutely no reason why it needed to take this long. There’s no reason why they needed to take eight days to even nominally support one. I think it’s very clear, and this has been something that’s reported by Dropsite and others, that they are intentionally Delaying the vote, I think that is anyone with two brain cells can see that, but they can’t look like they are because it’s unpopular with Democrats 10 to one. And so they served their primary function, which is to obfuscate, delay, hand ring and obsess over progress.

    And then after the bombing, both Schumer and Jeffrey’s release statements, which both focus exclusively on process, Trump has not made his case to the American people. He needs to come to Congress. Okay, well, do you oppose the war as such? Do you suppose bombing as such? He needs to make his case, blah, blah, blah. So this is the nominal, and I think Abby’s right, the people who are launching this war know that. They know that the only real opposition could come from Congress to the extent that’s even possible. Democrats specifically in Congress, of course, Republicans are a bunch of mindless rubber stamping MAGA cultists anyway, but to the extent to which there would be meaningful pushback, it could come from Democrats, but the Democrats in charge were both axiomatically pro- Israel. And so what people wanted didn’t really matter.

    Maximillian Alvarez: Abby, I want to bring you back in here and ask if you have any more thoughts on that and the sort of Democrat’s role in this, but also I’m thinking about your newest documentary, Earth’s greatest enemy, and how you portray beautifully, harrowingly, terrifyingly, the bipartisan consensus around the imperial war machine and how that plays into and is the greatest contributor to the climate crisis. And I think another unspoken factor here that is becoming more and more imparent in the actions of this administration and the sort of end times fascist motivations that are seemingly driving it is the hit list that Adam mentioned that the US is going through like knocking off Venezuela, now Iran, and it wants to take Greenland. You could also look at that as going to the global grocery store and stockpiling for Armageddon. They’re going around taking oil, rare earth, minerals, like resources that they want to stockpile here for what they know is a coming global crisis.

    Abby Martin: Yeah. I mean, it’s like old school, just the Berlin Conference. I mean, colonial power’s coming and just carving up Africa. I mean, it is just absolutely, again, just so brazen hearkening back to the worst period of colonialism. And that’s exactly what we’re seeing. A literal hit list of all the remaining countries that have not bowed down to the dictates of US empire. And to starve out Cuba, to actually apply this horrific genocidal model of siege, sanctions, starvation to tens of millions of people around the world, it’s savagery. And it’s really hard to even find words to describe what’s going on day to day because it is so rapid. The atrocities are happening so rapidly. And I think that’s psychologically part of the impact and the intent is to flatten it out. And so it makes it harder to react because it’s so paralyzing and it’s such a full frontal assault and multi-pronged assault both domestically and internationally.

    But I think what’s happening here is just such a hollowed out core of a desperate and dying empire that is seizing up. But when you’re a hammer, every problem’s a nail. So that’s exactly what we’re seeing. There’s no creativity about how to get us out of this shortsighted collective suicide of what they’re doing. But we’ve been on a path charting toward this inevitability and we’ve lived under a system that has incubated these conditions. And so Trump did not … None of this happens in a vacuum. Trump was given this and he’s been blessed to do this. And I think what’s so fascinating to me is all of the good faith takeaways of Trump’s rhetoric during his first term. We lived through this maniac who expanded the empire on every front during the first term of his administration. And somehow he got whitewashed and rehabilitated even by some people in these alternative media spaces as an anti-deep state, anti-war guy.

    And it’s really just horrifying and disgusting that we can take anything these people say at face value. And so here we were tricked again. But I think to Adam and your point, the American people are so deeply detached from what the ruling class is doing in our names. That’s in part why Trump has been so successful. Because the opposition, the feckless fake opposition party, they seeded all the ground to Trump to basically seize that momentum of fake news, legacy media, how we were being lied to. Everyone innately knows that we’ve been lied to for decades. Our media has acted as extensions of the ruling class of the imperial war machine. And so that was really smart of Trump to siphon all that energy and then monopolize and tamp down on just opposition with right-wing machinery of the media. But when you go down to now what the thesis of the movie is and how that all interlocks, I mean, again, this is a bipartisan consensus of just global capitalism reigning supreme and bowing down to the dictates of big oil.

    And so for the longest time, of course, you had the neoliberal establishment trying to paint us as the benevolent empire, as trying to be the arbiter of human rights and democracy. It is so fake. They can’t even use that as a defense anymore. So it’s just naked. It’s completely naked. They’re intertwining with the Trump administration and they still continue to defend someone on one hand that they call a tyrant, a would be Hitler, but this is the position that they love. They love not having power. They love campaigning on somehow opposing fascism while granting Trump and greenlighting every single cabinet pick, every single policy position, continuing to vote for his insane military budget because when it comes to war, that’s fine. Even if it hollows out all the material conditions of the working class here and drives us off a cliff, it doesn’t matter because that’s the shortsightedness of this prophet.

    It’s enforcing a fossil fuel infrastructure even though it’s going to kill the planet and kill us all. And it’s absolute lunacy and it needs to be stopped. And we have to have a block, an alternate block to somehow push this power structure, which they have prevented us from doing. In the UK, the Greens now have more polling support than labor. I mean, we are so far gone here. The rest of the world’s ready to go. They’re waiting for Americans to wake up, but it may be too late.

    Maximillian Alvarez: Well, and just kind of on that final point, for those of us who lived through the disastrous US invasion of Iraq and the wars in Iraq and Afghanistan, as you guys said, this all feels depressingly familiar. And Trump campaigned on being the supposed peace president. He and his future cabinet members said that the US wasn’t going to be getting mired in more foreign wars like this. The media lapped it up and now here we are. How the hell do Americans get out of this death spiral? Will we ever learn not to fall into the same trap over and over again?

    Abby Martin: I mean, I think if the Gaza genocide and Kamala’s and Biden’s participation and subsidization where he’s bypassing Congress a hundred times to sell weapons directly to Israel, I mean, if that did not reveal very plainly that there is no opposition party, that if you care about the violence externalized by our empire, by our military empire and how that impacts every living person on the planet, you are not going to get any advocacy from the Democratic Party. That is plain and simple. I’m not saying it’s completely pointless to run DSA, PSL, pro- Palestine candidates and local city council and mayoral races and stuff like that. I just think this empty vessel of electoralism on a federal level is sucking all of our energy, depleting our energy when we need to somehow organize outside of this structure of electoralism because it’s completely hollow and bankrupt. And for the longest time, they’ve hoodwinked everyone.

    They co-opted all of our struggles, sold it back to us. And so I think right now we’re getting back to the basics, the foundational understanding that capitalism is driving this collective insanity and collective suicide. And so synchronizing all this, synthesizing all this is something that I’ve actually never seen in my life. I’m 41 years old. I’ve never seen a movement of tens of millions of people around the world, Americans caring about people outside of their country, having Gaza be the kind of key to understanding our collective liberations intrinsically tied to everyone else’s. So this is something that as bleak and horrifying as the world stage is, I find it motivating and a space that’s opening because to our points earlier, the violence is so extreme and the propaganda has become so cartoonishly desperate that they are literally treating us like children. And so it really doesn’t take much cognitive levels or critical thinking skills to understand that all of these people are lying to us and none of them have our best interests at heart.

    The question is, what do we do with that information? I mean, the answer and the solution is working outside of the system of death and destruction and what creative and capacity that we can, but we have to figure it out and we have to do it now.

    Adam Johnson: I don’t have a prescription, mostly because that’s out of my pay grade. I will say what we shouldn’t do is dilute ourselves as to the reality of reality. And I’m a media critic. Maybe this is a bit of a dodge, but I don’t know what the solution out of it is, but I do know that we’re not going to ever get out of any problem by not having an accurate and sober assessment of reality. I want to say it was the Mike Davis quote about hope, don’t hope. Or he says, “Fight with hope, fight without hope, but fight, absolutely.” And I really don’t care if you have hope, but it’s good if you do. But what I think is important is, I think that was in reference to Stalingrad. I don’t remember the exact quote, forgive me, but I think that it’s true that these systems are fundamentally broken.

    What that means to reform that, or if it could be reformed, that is obviously something that I’ll leave to Abby. I don’t know. I do know that whatever that solution looks like, it has to involve some kind of labor because there’s no other muscle in any meaningful sense. I know it’s not going to just be subscribing to discrete substacks. I mean, that’s how I make a living. I’m not being pejorative, but what I think it does require as a first step is a sober analysis of what’s going on. And yeah, I think again, you have this fire hose of horrors and that’s by design. That’s part of Project 2025. It’s part of the imperial … When we’re putting out fires to protest Iran, we’re not protesting Gaza. When we’re protesting Gaza, we’re not protesting the mass firing of academics and gutting of unions. When we’re fighting that, we’re not fighting climate change.

    Remember climate change? Remember when we used to care about that before liberals replaced caring about climate change with abundance? I mean, that’s the strategy. They’re far more resourced. They have way more psychotic lawyers that go up the ranks. They’re ideologically motivated and they all get rich doing it because they all have seven or eight big donors who will support that. I think that’s how do you create space to really organize and to push back against these forces? Again, I don’t know. I’m a simple country media critic, but I do know that one must have a sober assessment of reality before one can move forward rather than diluting oneselves into thinking that these systems will somehow help us out. So I don’t know. I get asked that a lot. And your media criticalwill say, “Okay, well, you snarky asshole, what’s your solution?” And the reality is I don’t know.

    That’s not what I do. And there are those who do do that. And I think it’s important for people to figure that out. But I would say, well, the one thing you can do, especially if you’re, I think, in the United States or this so- called Imperial Core or whatever, is to just do no harm. At the very least, just don’t make it worse. Don’t jump on every single outrage and demagogue against those in the crosshairs of US Empire. Don’t accept all the premises of imperial aggression. I’m not saying you got to do the opposite or overcorrect, but just try not to jump on every single manufactured narrative right before we starve or obliterate a country would sort of be my advice.

    Maximillian Alvarez: Thank you everyone for listening to this episode of the Real News Network Podcast. And I want to thank our guests, the great Abby Martin and the great Adam Johnson for all their time and insight today. If you want to see more coverage and hear more conversations just like this, then we need you to become a supporter of The Real News Now. So head on over to therealnews.com/donate and become a supporter today. I promise you, it really makes a difference. For the Real News Network, this is Maximillian Alvarez signing off from Baltimore. Take care of yourselves and please take care of each other.