Prof. Steve Hanke: Hormuz CLOSED, Saudi GDP CRASHES 4.8% & US-Israel Bomb Iran

In this eye-opening interview, we dive deep into the escalating conflict in West Asia and the potential consequences of new attacks on Iranian facilities. Discover why the ongoing war is a strategic disaster, failing to achieve its goals while damaging military bases and alienating Gulf allies. We expose mainstream media distortions about Iran's economy, revealing surprising GDP growth data. The discussion covers the shrinking Saudi oil sector, the dangerous possibility of merging the Ukraine and West Asia conflicts, and the desperate political strategies driving current leadership. Plus, find out why the global oil market remains dangerously complacent despite severe supply risks. Don't miss this critical analysis of the geopolitical realities behind the headlines. Hosted on Acast. See acast.com/privacy for more information.