Latest / Systemic Error Podcast
Trump's new Iran play could blow up in his face and torch the global economy: experts
The Strait as a Shake-DownA ceasefire that collapsed into price-fixingTrump’s ceasefire memorandum lasted only weeks before the deal collapsed under continued Iranian aggression against civilian vessels and U.S. strikes on Iranian targets. His answer was not a stable security policy, but a new demand: the United States would patrol the Strait of Hormuz and vessels would pay a $15-per-barrel fee for the privilege.Who holds the powerThe institutional power here is not mysterious. It is the U.S. state, backed by naval force, setting terms for one of the world’s most important shipping lanes…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.