At the Water's Edge At the Water's Edge

Bin Laden Lost the War. America is Still Paying the Price

Sep 11, 2026 · 26m

Summary

This episode marks the 25th anniversary of 9/11, analyzing whether Osama bin Laden’s goals to bankrupt the U.S. and topple Arab regimes were achieved. The host argues that while the U.S. avoided bankruptcy, the Iraq War and lack of congressional oversight created a strategic liability and eroded global credibility. The discussion highlights how the "forever wars" reshaped military institutions and shifted the international order toward multipolarity, ultimately concluding that bin Laden’s vision of a global caliphate has not materialized.

Topics discussed

Personal memories of 9/11 and the 2021 Afghanistan withdrawal Recap of the September 11, 2001 attacks and casualties Osama bin Laden's four strategic goals for the attacks The Soviet-Afghan War and the strategy of bleeding the US dry Scorecard: Did the US meet Bin Laden's demands 25 years later? The cascade of wars: Afghanistan, Iraq, and the rise of ISIS Human and financial costs of the Global War on Terror Budget failures and the $10 trillion cost of forever wars Institutional shifts: Intelligence reform and military career paths The Authorization for Use of Military Force and executive power Congressional politics and the precedent of avoiding war votes The All-Volunteer Force as a strategic liability without oversight The end of the unipolar moment and the rules-based order Who won? Analyzing the outcome for Al-Qaeda and the US The strain on American empire, the petrodollar, and multipolarity
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