Journalist Izabella Kaminska (The Blind Spot, Financial Times, POLITICO Europe) joins Host Ron Steslow for a wide-ranging discussion about what the war with Iran will mean for the global economy, especially America, long after the shooting slows down.
They begin with the immediate shockwaves of the temporary ceasefire and the partial reopening of the Strait of Hormuz, a crucial shipping chokepoint that remains politically controlled even if technically “open.”
Then, Izabella unpacks the end of the decades-long “peace dividend” underwritten by American power—and what values inform the partnerships forging the new order replacing it.
Finally, they explore the logic and progress of the Trump administration’s strategy to restructure the dollar.
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