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The exhausting, never-ending job of debunking antisemitic conspiracy theories
(JTA) — A few days after the comedian Dave Chappelle appeared to justify the never-ending appeal of Jewish conspiracy theories, this sentence appeared in the New York Times: “Bankman-Fried is already drawing comparisons to Bernie Madoff.”
I’ll explain: Sam Bankman-Fried is the 30-year-old founder of FTX, the crypto-currency exchange that vaporized overnight, leaving more than 1 million creditors on the hook. Bernie Madoff, is, of course, Bernie Madoff, the financier who defrauded thousands of investors through a multibillion-dollar Ponzi scheme and died in prison.
It’s a fair comparison, as a former regulator tells CNN: “Bankman-Fried, like Madoff, proved adept at using his pedigree and connections to seduce sophisticated investors and regulators into missing ‘red flags,’ hiding in plain sight.”
Nevertheless, seeing these Jewish figures lumped together, I braced myself for the inevitable: Nasty tweets about Jews and money. Slander from white supremacists. Plausibly deniable chin-scratching from more “mainstream” commentators.
What comes next is a familiar script: Jewish defense groups issue statements saying conspiracy theories traffic in centuries-old antisemitic tropes and pose a danger to the Jews. Jewish news outlets like ours post “explainers” describing how these myths take hold.
It’s exhausting, having to deny the obvious: that a group of people who don’t even agree on what kind of starch to eat on Passover regularly scheme to bilk innocents, manipulate markets or control the world. And it often seems the very attempt to explain these lies and their popularity ends up feeding the beast.
Chappelle’s now notorious monologue on “Saturday Night Live” is a case in point. At first pass, it is a characteristically mischievous attempt to both mock the rapper Kanye West for his antisemitism, and to push boundaries to explain why a troubled Black entertainer might feel aggrieved in an industry with a historic over-representation of Jews. Jon Stewart certainly heard it that way, telling Stephen Colbert, “Look at it from a Black perspective. It’s a culture that feels that its wealth has been extracted by different groups. That’s the feeling in that community, and if you don’t understand where it’s coming from, then you can’t deal with it.”
That is a useful message, but consider the messenger. Chappelle appears to disapprove of West’s conspiracy-mongering, but never once discusses the harm it might cause to the actual targets of the conspiracies. Instead, he focuses on the threat such ideas pose to the careers and reputations of entertainers like him and West. The “delusion that Jews run show business,” said Chappelle, is “not a crazy thing to think,” but “it’s a crazy thing to say out loud.” He ends the routine by ominously invoking the “they” who might end his career.
That’s what critics meant when they said Chappelle “normalized” antisemitism: He described where it’s coming from, explained why his peers might feel that way, and only criticized it to the degree that it could lead the purveyors to be cancelled. It’s like saying, “You don’t have to vaccinate your kids. Just don’t tell anybody.”
This week I worked with a colleague on an article about how the “Jews control Hollywood” myth took hold, and at each step of the way I wondered if we were stoking the fire we were trying to put out. No, Jews don’t control Hollywood, we reported, but “nearly every major movie studio was founded in the early 20th century” by a Jew. Those moguls rarely used the movies as a platform to defend Jewish interests, but per Steven Spielberg, “Being Jewish in Hollywood is like wanting to be in the popular circle.”
A documentary shown Thursday night at the DOC NYC festival here in New York teeters on the edge of the same trap. “The Conspiracy,” directed by the Russian-American filmmaker Maxim Pozdorovkin and narrated by Mayim Bialik, uses 3-D animation to explain how conspiracists ranging from a 19th-century French priest to American industrialist Henry Ford placed three Jews — German financier Max Warburg, Russian revolutionary Leon Trotsky and falsely accused French soldier Alfred Dreyfus — at the center of a vast, contradictory and preposterous scheme to take over the world. It connects age-old Christian animosity to the Jews to centuries of antisemitic paranoia and fear-mongering that led to unspeakable violence at Kishinev, Auschwitz and Pittsburgh. “This myth has plagued the world for centuries,” Pozdorovkin explains.
Or at least that’s the message you and I might have gotten. But I can also see someone stumbling on this film and being seduced by the rage and cynicism of the conspiracy-mongers — who, I should note, are quoted at length. Part of the problem is the film’s aesthetic: a consistently dark palette and a “camera” that lingers on ugly examples of antisemitic propaganda. Even though these images are seen on a creepy “conspiracy wall” and connected with that red thread familiar from cop shows and horror films, I can well imagine an uninformed viewer asking why members of this tiny minority seem to be at the center of so many major events of the 19th and 20th centuries.
I was reminded of a joke by the Jewish comedian Modi, ridiculing the ritual of inviting celebrities accused of antisemitism to visit a Holocaust museum. “Which is the stupidest idea, ever,” he says. “You’re taking someone who hates Jews into a Holocaust museum. They come out of there [saying] ‘Wow! Oh my God, that was amazing! I want a T-shirt!’”
The poet and essayist Clint Smith, whose cover story in next month’s Atlantic explores the meanings of Holocaust museums in Germany, makes a similar point. After visiting the museum in Wannsee documenting the infamous meeting in which the Nazis plotted the Final Solution, he wonders: “Might someone come to a museum like this and be inspired by what they saw?”
The makers of “The Conspiracy” (oy, that title) obviously intend the very opposite. In an interview with the Forward, Pozdorovkin agrees with the interviewer’s suggestion that those “who most need to see this film might be the least likely to be convinced by it.”
“My hope is that this film has a trickle-down effect,” he explains.
The fault lies not with those who seek to expose antisemitism but with a society that relies on the victims to explain why they shouldn’t be victimized. As many have pointed out, antisemitism isn’t a Jewish problem; it’s a problem for the individuals and societies who pin their unhappiness and neuroses on a convenient scapegoat. Ultra-nationalism and intolerance are the soil in which conspiracies take root.
But as long as scapegoating remains popular and deadly, the victims have to keep explaining and explaining the obvious — that, for instance, the fact that Sam Bankman-Fried and Bernie Madoff are Jewish is no more significant than the fact that Henry Ford and Elon Musk, two people who founded car companies, are gentiles.
The question is, who is listening?
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Spanish PM Sanchez Says US Invasion of Greenland ‘Would Make Putin Happiest Man on Earth’
Russian President Vladimir Putin welcomes US President Donald Trump’s envoy Steve Witkoff during a meeting in Moscow, Russia, Aug. 6, 2025. Photo: Sputnik/Gavriil Grigorov/Pool via REUTERS
Spanish Prime Minister Pedro Sanchez said a US invasion of Greenland “would make Putin the happiest man on earth” in a newspaper interview published on Sunday.
Sanchez said any military action by the US against Denmark’s vast Arctic island would damage NATO and legitimize the invasion of Ukraine by Russia.
“If we focus on Greenland, I have to say that a US invasion of that territory would make Vladimir Putin the happiest man in the world. Why? Because it would legitimize his attempted invasion of Ukraine,” he said in an interview in La Vanguardia newspaper.
“If the United States were to use force, it would be the death knell for NATO. Putin would be doubly happy.”
President Donald Trump on Saturday appeared to change tack over Greenland by vowing to implement a wave of increasing tariffs on European allies until the United States is allowed to buy Greenland.
In a post on Truth Social, Trump said additional 10 percent import tariffs would take effect on February 1 on goods from Denmark, Norway, Sweden, France, Germany, the Netherlands, Finland and Great Britain — all already subject to tariffs imposed by Trump.
Those tariffs would increase to 25 percent on June 1 and would continue until a deal was reached for the US to purchase Greenland, Trump wrote.
Trump has repeatedly insisted he will settle for nothing less than ownership of Greenland, an autonomous territory of Denmark. Leaders of both Denmark and Greenland have insisted the island is not for sale and does not want to be part of the United States.
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Damascus and Kurdish Forces Agree to Immediate Ceasefire
Syria’s interim President Ahmed al-Sharaa speaks during a Ministerial formation of the government of the Syrian Arab Republic, in Damascus, Syria, March 29, 2025. Photo: REUTERS/Khalil Ashawi
i24 News – Syrian state media reported on Sunday that the Syrian government and the US-backed Syrian Democratic Forces (SDF) have reached an immediate ceasefire after days of clashes in Kurdish-held areas of the northeast.
The agreement, announced electronically by Damascus, marks a major shift in Syria’s ongoing efforts to reassert control over its Kurdish-majority regions.
According to the Syrian presidency, the deal, signed by President Ahmed al-Sharaa and SDF commander Mazloum Abdi, calls for a full halt to combat operations on all fronts, the withdrawal of SDF-affiliated forces to the east of the Euphrates, and the integration of SDF fighters into Syria’s defense and interior ministries on an individual basis.
The agreement also stipulates that the Syrian government will assume military and administrative control over Deir al-Zor and Raqqa, take over all oil and gas fields, and assume responsibility for prisons and camps holding ISIS members and their families. The SDF has committed to evacuating all non-Syrian PKK-affiliated personnel from the country.
“All lingering files with the SDF will be resolved,” Sharaa said, adding that he is scheduled to meet Abdi on Monday to continue discussions. The ceasefire is intended to open safe corridors for civilians to return to their areas and allow state institutions to resume their duties.
US Special Envoy Tom Barrack praised the agreement, describing it as a “pivotal inflection point” that brings former adversaries together and advances Syria toward national unity. Barrack noted that the deal facilitates the continued fight against ISIS while integrating Kurdish forces into the broader Syrian state.
The ceasefire comes after days of heavy fighting in northeastern Syria, highlighting both the fragility and potential of Damascus’ reconciliation efforts with Kurdish forces.
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World Markets Jolted, Euro Softens, as Trump Vows Tariffs on Europe over Greenland
A person walks along a street on the day of the meeting between top US officials and the foreign ministers of Denmark and Greenland, in Nuuk, Greenland, January 14, 2026. Photo: REUTERS/Marko Djurica/File Photo
Global markets are facing volatility after President Donald Trump vowed to slap tariffs on eight European nations until the US is allowed to buy Greenland, news that pushed the euro to a seven-week low in late Sunday trading.
Trump said he would impose an additional 10 percent import tariff from February 1 on goods from Denmark, Norway, Sweden, France, Germany, the Netherlands, Finland and Britain, which will rise to 25 percent on June 1 if no deal is reached.
Major European Union states decried the tariff threats over Greenland as blackmail on Sunday. France proposed responding with a range of previously untested economic countermeasures.
As early trade kicked off in Asia-Pacific, the euro fell 0.2 percent to around $1.1572, its lowest since November. Sterling also dipped, while the yen firmed against the dollar.
“Hopes that the tariff situation has calmed down for this year have been dashed for now – and we find ourselves in the same situation as last spring,” said Berenberg chief economist Holger Schmieding.
Trump‘s sweeping “Liberation Day” tariffs in April 2025 sent shockwaves through markets. Investors then largely looked past US trade threats in the second half of the year, viewing them as noise and responding with relief as Trump made deals with Britain, the EU and others.
While that lull might be over, market moves on Monday could be dampened by the experience that investor sentiment had been more resilient than expected in 2025 and global economic growth stayed on track.
US markets are closed on Monday for Martin Luther King Jr. Day, which means a delayed reaction on Wall Street.
The implications for the dollar were less clear. It remains a safe haven, but could also feel the impact of Washington being at the center of geopolitical ruptures, as it did last April.
Bitcoin, a liquid proxy for risk that is open to trade at the weekend, was steady, last trading at $95,330.
Capital Economics said countries most exposed to increased U.S. tariffs were the UK and Germany, estimating that a 10 percent tariff could reduce GDP in those economies by around 0.1 percent, while a 25 percent tariff could knock 0.2–0.3 percent off output.
European stocks are near record highs. Germany’s DAX and London’s FTSE index are up more than 3 percent this month, outperforming the S&P 500, which is up 1.3 percent.
European defense shares will likely continue to benefit from geopolitical tensions. Defense stocks have jumped almost 15 percent this month, as the US seizure of Venezuela’s Nicolas Maduro fueled concerns about Greenland.
Denmark’s closely managed crown will also likely be in focus. It has weakened, but rate differentials are a major factor and it remains close to the central rate at which it is pegged to the euro, and not far from six-year lows.
“The US-EU trade war is back on,” said Tina Fordham, geopolitical strategist and founder of Fordham Global Foresight.
Trump‘s latest move came as top officials from the EU and South American bloc Mercosur signed a free trade agreement.
HOT SPOTS EVERYWHERE
The dispute over Greenland is just one hot spot.
Trump has also weighed intervening in unrest in Iran, while a threat to indict Federal Reserve Chair Jerome Powell has reignited concerns about the US central bank’s independence.
Against this backdrop, safe-haven gold remained near record highs.
Given Trump’s recent Fed attacks, an escalation with Europe could pile pressure on the dollar if it adds to worries that US policy credibility is becoming critically impaired, said Peel Hunt chief economist Kallum Pickering.
“(This) could be amplified by a desire, especially among Europeans, to repatriate capital and shun US assets, which may also pose downside risks to lofty US tech valuations,” he added.
The World Economic Forum’s annual risk perception survey, released before its annual meeting in Davos next week, which will be attended by Trump, identified economic confrontation between nations as the number one concern replacing armed conflict.
A source close to French President Emmanuel Macron said he was pushing for activation of the “Anti-Coercion Instrument,” which could limit access to public tenders, investments or banking activity or restrict trade in services, in which the US has a surplus with the bloc, including digital services.
“With the US net international investment position at record negative extremes, the mutual inter-dependence of European-US financial markets has never been higher,” said Deutsche Bank’s global head of FX research George Saravelos in a note.
“It is a weaponization of capital rather than trade flows that would by far be the most disruptive to markets.”