After nearly six months of war, Washington is turning to what it calls its "single greatest financial offensive ever." Under Operation Economic Outcast, the US is targeting Iran's economic lifelines, and warning its trading partners they could face sanctions too. Will sanctions force Tehran to back down? Or push its trading partners to resist Washington's pressure? And what does this economic offensive reveal about where the war is heading?
Glenn Diesen Yanis Varoufakis is an economist, the former Finance Minister of Greece, and the author of numerous bestselling books. Varoufakis discusses how the EU is a cartel designed by the U.S. that is no longer fit for purpose. The German economic locomotive has broken down; the EU no longer has an economic model, its foreign policy is consumed by war, and it has already become a technological colony. Varoufakis also argues that China can now pull the plug on the U.S. economy if it chooses to do so.
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