The second monopoly the US seeks to control is information technology and computerization, with Saudi Arabia, UAE, and Bahrain investing billions in US tech stocks and AI data centers, but these stocks are declining because these companies cannot build the required infrastructure in the US due to insufficient electricity and water resources.
causalpending
Speaker
Michael HudsonEvidence Quote
“the US wants to control a monopoly in information technology...huge private foreign investment...into the US...stocks of information technology...these stocks are going down because...we can't do that in the United States because we don't have the electricity. And we don't have the water to cool the electricity”
Created: 8/12/2026, 5:57:21 PM
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