Richard Wolff & Michael Hudson: Trump's Operation Economic Outcast on Iran in FREEFALL
Summary
This episode features Christian, Michael, and Richard discussing the geopolitical fallout from the US war on Iran and the resulting rise of the SCO and BRICS as alternatives to the US-led order. They analyze how rising oil and food prices, exacerbated by the closure of the Strait of Hormuz and climate change, are driving Asian and European nations toward a new financial system led by China, Russia, and Iran. The conversation highlights the US strategy of imposing sanctions and tariffs to isolate these powers, while also examining the economic impact of the Panama Canal fee surge and the pot…
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