Richard Wolff & Michael Hudson: Trump FUMING Over Iran's Defiance as US Plans 'Massive Move'

This interview examines the US shift from military strikes to economic warfare against Iran, focusing on the Strait of Hormuz blockade. The discussion highlights the failure of recent military campaigns and the severe global economic fallout. Soaring energy costs are crippling import-dependent nations like Japan, exposing deep flaws in the US-dominated financial system. In response, countries are accelerating alternative overland trade routes connecting Iran, Russia, and China. The conversation also critiques the US political establishment, arguing both major parties uphold imperial policies and finance capitalism. Ultimately, the US faces mounting debt and economic instability as the world rapidly shifts toward a multipolar order. Hosted on Acast. See acast.com/privacy for more information.