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The Western Bubble

Balder Hageraats & Dario Hasenstab
The Western Bubble
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  • The AI-Bubble vs. the Western Bubble #132
    This week, we look at the growing concerns around the so-called AI bubble and why the panic is beginning to resemble the early 2000s, only multiplied by trillions. Nvidia is now valued higher than Germany’s entire economic output in 2025, which means one single company is worth two and a half times the combined value of all publicly traded firms in Germany.A recent MIT report shows that 95 percent of organisations investing in generative AI see zero return, despite pouring thirty to forty billion dollars into it. Even Google’s own CEO has admitted that parts of the current AI boom look irrational. Still, optimists like Mustafa Suleyman insist this moment is historic and that sceptics simply lack imagination.So, is this genuine technological transformation or a collective fever dream, driven by hype, speculation, and fear of missing out? What is the role of managerial attitudes in this whole situation?This podcast is published with the help of RAIA NOW gUG but is an individual project between the Director of RAIA, Dario Hasenstab, and Balder Hageraats. If you would like to get in touch with us, write us an email at [email protected].
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  • The West Cancelled Climate Change #131
    As COP 30 begins in Belém, we look at how the world is heading into another climate summit with rising emissions, crumbling political will, and a system still built on ideas from the 1990s. Global fossil CO2 emissions are expected to increase again in 2025 to a record 38.1 billion metric tons. Western will to climate protection is suffering from populism, which is weakening climate policy across democracies, a trend Dario sees firsthand in his work.This podcast is published with the help of RAIA NOW gUG but is an individual project between the Director of RAIA Dario Hasenstab and Balder Hageraats. If you would like to get in touch with us, write us an email at [email protected].
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  • The Mamdani Mystery #130
    This week, we talk about the surprising rise of Zohran Mamdani and why his victory matters far beyond New York. His proposals are, in reality, standard European centre-left policies. The reaction to him, though, reveals something deeper in American political culture: racism, Islamophobia, and a growing panic about who gets to define the political centre at all.Mamdani is winning over parts of the Trump base by talking about material conditions instead of cultural panic. Meanwhile, the Democratic establishment is telling itself that recent wins in Virginia and New Jersey confirm the safety of staying in the centre. Mamdani is treated as an anomaly, not a blueprint. But this misreads the moment entirely. If the Democrats repeat the mistake of 2016 with Bernie Sanders, by drifting further to the centre (right) out of fear of their own voters, they will continue to inflate the Western Bubble rather than address the real crisis.This podcast is published with the help of RAIA NOW gUG but is an individual project between the Director of RAIA, Dario Hasenstab, and Balder Hageraats. If you would like to get in touch with us, write us an email at [email protected].
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  • The Post-Neoliberal Void #129
    In this episode, we look at what the world actually looks like after the decline of neoliberalism. The systems that once kept global politics, trade, and humanitarian responses predictable are dissolving, and what is emerging is not a stable alternative but something closer to global anarchy.The United States has pushed tariffs to levels not seen in over a century, and is now carrying out airstrikes on civilian vessels in the Caribbean and Pacific with almost no international consequences. Meanwhile, the humanitarian disaster in Sudan continues without meaningful action from the so-called international community, even as millions are displaced and famine spreads.Multilateralism is not simply weakening. It is disappearing. And when there is no mechanism for cooperation, crisis management, or accountability, what remains is a world where power decides everything and suffering becomes background noise.This podcast is published with the help of RAIA NOW gUG but is an individual project between the Director of RAIA, Dario Hasenstab, and Balder Hageraats. If you would like to get in touch with us, write us an email at [email protected].
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  • Chips, China, and Control #128
    China has quietly positioned itself as the global gatekeeper of rare-earth metals, now expanding export restrictions as a response to the United States imposing new trade barriers and levies. Meanwhile, the Netherlands caused a geopolitical tug-of-war between the European Union and China over the chip industry that powers modern life. Once again, Western countries seem unprepared for the long game as Western actions against China are hurting domestic industries.This podcast is published with the help of RAIA NOW gUG but is an individual project between the Director of RAIA, Dario Hasenstab, and Balder Hageraats. If you would like to get in touch with us, write us an email at [email protected].
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Every Monday, Balder Hageraats and Dario Hasenstab examine how Western countries are increasingly lost in their own delusions on the world stage, and what can be done to bring them back to reality. We discuss issues ranging from geopolitics and human rights to development aid and current affairs, all through the lens of the Western Bubble.
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