Trump’s Hormuz backlash & Hungary’s revolution illusion

About this episode

Yanis Varoufakis and Wolfgang Munchau discuss the implications of Trump's actions in the Strait of Hormuz and the recent Hungarian election results.

In this episode of The Econoclasts, Yanis Varoufakis and Wolfgang Munchau dismantle the orthodoxies surrounding the Iran war and Hungarian election by arguing that Donald Trump’s "blockade of the blockade" in the Strait of Hormuz is less a repeat of the 1956 Suez crisis than a catalyst for a new electro-economy and a non-dollar financial architecture, while simultaneously warning that the landslide victory of Péter Magyar over Viktor Orbán is not the liberal restoration the West is celebrating, but rather the replacement of one right wing leader with a fresh face of the same illiberal nationalism. Hosted on Acast. See acast.com/privacy for more information.

People in this episode

Host: Yanis Varoufakis

Guest: Wolfgang Munchau

Topics covered

• Iran war
• Hungarian election
• Trump's policies
• illiberal nationalism
• electro-economy
• financial architecture

Keywords

• Trump
• Hormuz
• Hungary
• Péter Magyar
• Viktor Orbán
• Suez crisis
• electro-economy
• financial architecture

Mentioned in this episode

Places: Iran, Hungary

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