October 28, 2025 - Michael Hudson | Kent Harrington
Background Briefing with Ian Masters
Ian Masters
4.7 • 622 Ratings
🗓️ 28 October 2025
⏱️ 63 minutes
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| 0:00.0 | Hello and welcome to Background Briefing, available 24-7 at Background Briefing.org. |
| 0:18.1 | I'm Ian Masters, and today we'll examine a number of stories and issues in the |
| 0:21.8 | news. We'll begin with Trump's Asian Summit tour, which has him now in Japan and heading to |
| 0:28.2 | South Korea tomorrow, where he will meet with China-Shijingping on Thursday. We'll discuss the |
| 0:34.4 | reality versus the fiction. Our reality TV star president is spinning in Japan, |
| 0:40.4 | claiming $550 billion in Japanese investment is heading for America, |
| 0:46.4 | which is the 10th of Japan's GDP, that will be overseen by a fund Trump will control. |
| 0:52.8 | We'll discuss what Trump calls a, quote, new golden age of |
| 0:56.8 | US-Japan alliance, and the likelihood Trump will come away empty-handed from his meeting with |
| 1:03.1 | Xi to restore exports to China of soybeans from American farmers, hurt by Trump's tariff chaos. |
| 1:11.4 | Joining us is Michael Hudson, Professor of the Institute for the Study of Long-Term Economic Trends, |
| 1:16.7 | a Wall Street financial analyst, and distinguished research professor of economics at the University |
| 1:21.6 | of Missouri, Kansas City, and a number of universities in China. |
| 1:26.0 | He's the author of many books, including America's Protectionist Takeoff. |
| 1:29.7 | Jay is for Junk Economics, an A to Z guide to the Economics of Reality and Fiction. |
| 1:35.5 | And his latest book is The Destiny of Civilization, |
| 1:39.1 | and we will discuss his article at Counterpunch, Trump's Dest destruction of the U.S. economy. |
| 1:45.2 | Then we'll examine further Trump's meeting with Japan's new hard-right prime minister |
| 1:50.1 | and prospects for a deal with China and speak with Kent Harrington, |
| 1:55.6 | a former senior CIA analyst who served as National Intelligence Officer for East Asia and chief of station in Asia. |
| 2:03.9 | He is the author of several novels and his commentary and analysis on global events |
| 2:09.4 | has appeared in the Washington Post, The Los Angeles Times, Asian Wall Street Journal, |
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