The West’s Iran crisis: Global recession & Russian revenue
About this episode
Yanis Varoufakis and Wolfgang Munchau discuss the implications of the closure of the Strait of Hormuz on global economics and military strategy.
In this episode of The Econoclasts, Yanis Varoufakis and Wolfgang Munchau dismantle the narratives surrounding the closure of the Strait of Hormuz, breaking down how the resulting energy shock could trigger a permanent global recession. As the West faces systemic economic damage and a depleted military arsenal, and Russia reaps a massive financial windfall, is the West sleepwalking into a dual defeat in both Iran and Ukraine? Hosted on Acast. See acast.com/privacy for more information.
More episodes of The Econoclasts
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- Trump’s Hormuz backlash & Hungary’s revolution illusion
- Iran’s asymmetric victory & Europe’s looming energy shock
- Europe’s Iran delusion & Palantir’s road to extinction
- Econoclasts LIVE: Iran and the New World Disorder
- How Iran exposed the West’s military weakness
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