The dollar is a weapon: How the US controls countries with financial colonialism

The USA uses the dollar as a weapon to control countries, by imposing sanctions; cutting governments, banks, and companies out of the US-dominated financial system; and taking over the oil revenue of nations like Iraq and Venezuela. Ben Norton explains how US financial colonialism works.

VIDEO: https://www.youtube.com/watch?v=dkza5cRBuG4

Topics

0:00 US empire

1:16 CIA-backed coups

1:42 US sanctions one-third of world

2:23 Why sanctions are so destructive

4:23 US financial attacks blow back

4:49 BRICS seeks alternatives

5:56 Petrodollar system in crisis

7:02 How USA controls Iraq's oil revenue

10:26 USA threatens Iraq over Iran