Prof. Steve Hanke: EU & US Economic War on Iran – Tehran's Counterstrike Is Already in Motion
Summary
This episode features economist Steve Hanke discussing the geopolitical and economic fallout of US sanctions, the war in Ukraine, and conflicts in West Asia. Hanke argues that sanctions are ineffective and counterproductive, citing the collapse of European economies and the strengthening of BRICS cooperation as evidence of a global pivot away from the United States. He critiques Western media for engaging in an "information war" that misrepresents military realities, particularly regarding Russia's advances in Ukraine and the destruction in Gaza. The discussion concludes with an analysis of…
Topics discussed
Sponsors: Perk and New weight loss program
ICO Summit in Bishkek and pivot away from the US
Economic theory: Free trade vs. sanctions
German economic collapse and political crackdowns
European leadership, Ukraine war, and EU dynamics
Information war and media control in Gaza
Israel-Iran conflict and US Treasury role
US-Europe relations and BRICS sanctions
Sponsor: Granger industrial supplies
Naval conflicts, grain deals, and spin control
Ukraine's economic future and territorial losses
Sponsor: Granger shipping and logistics
Prospects for Ukraine joining the EU
GCC oil markets, desalination risks, and post-war economy
Closing remarks
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