Iran’s knockout blow: Professor Steve Hanke on looming economic disaster as Strait of Hormuz stays closed

On this episode of Going Underground, we speak to Steve Hanke, professor of applied economics at Johns Hopkins University. He discusses why Russia continues to be a winner economically as the Strait of Hormuz remains closed after the US-Israeli war on Iran, the looming ramifications of the energy crisis that will hit in August, resulting in skyrocketing energy prices, why Europe must lift the sanctions on Russia to escape the dire economic situation, why the US and Israel’s miscalculations in launching a war on Iran mean that Hormuz will remain closed, his predictions for the global economy this year as the economic crisis deepens, and much more.

FOLLOW Going Underground https://x.com/GUnderground_TV

FOLLOW Afshin Rattansi https://x.com/AfshinRattansi

SUBSCRIBE on Telegram: https://t.co/xDEHJ0c6WW

FOLLOW on Rumble: https://rumble.com/c/GoingUnderground