Iran’s asymmetric victory & Europe’s looming energy shock

In this episode of The Econoclasts, Yanis Varoufakis and Wolfgang Munchau dissect the crumbling facade of Western geostrategic and economic orthodoxies, arguing that the United States has already reached a military checkmate against Iran, while simultaneously warning that Europe’s delusion of energy independence and perilous vulnerability to supply shocks will likely collapse into a humiliating, American-mediated return to Russian gas.

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