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Operation Economic Outcast, Bessent's Economic War With China
What was discussed
Bessent's secondary sanctions on Iran0:27
- Scott Bessentassertion
The U.S. will enforce strict secondary sanctions on Iran with no loopholes, targeting countries that assist Iran.
- Alexander Mercourisassertion
Bessent's policy will provoke a full economic war with China, which rejects unilateral U.S. sanctions and backs its refiners.
Dollar system erosion and BRICS alternatives4:05
- Alexander Mercourisassertion
Excluding countries from the dollar for Iran trade will force them to use BRICS payment systems and accelerate de-dollarization.
Bessent's background and China collapse belief6:58
- Alexander Mercourisspeculation
Bessent believes China is a fragile house of cards that will collapse under economic pressure, and that the U.S. will survive the resulting chaos.
China's reluctance and forced backing of Iran10:56
- Alexander Mercourisassertion
China dislikes Iran's current stance but will be forced to back it due to U.S. pressure, leading to a stronger anti-U.S. economic bloc.
U.S.-Canada trade war instability17:07
- Alexander Mercourisopinion
A trade war with Canada is counterproductive given deep economic integration and projects instability while the U.S. faces larger rivals.
Every episode of The Duran Podcast, briefed the morning after, with up to nine more shows in one daily email.
Free for 30 days. No card needed. $4.99 a month after.
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