The new economic arms race
Apr 29, 2026 · 9m
Summary
Hosts Adrienne Ma and Julia Ritchie interview Edward Fishman about the rise of economic warfare through "choke points" like the US dollar and supply chains. Fishman explains how nations weaponize financial interdependence, citing US sanctions on Russia and China’s rare earth export controls as key examples. He warns that an uncoordinated economic arms race risks global instability and advocates for allied cooperation to mitigate vulnerabilities.
Topics discussed
Introduction and newsletter promotion
Edward Fishman on economic choke points
Sponsor messages from Schwab, Dell, and Vanguard
History of economic warfare and globalization
Financial and supply chain choke points
China's rare earth leverage and economic arms race
Diplomacy vs. economic war and ally cooperation
Risks of uncoordinated economic warfare
Credits and final sponsor messages
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