WEBVTT

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So are you wondering how this whole Iran war debacle is going to end?

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What is the end game for this war? And what is the exit ramp?

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Well, don't ask me. What do I know? Ask the person who's making all the decisions,

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the commander-in-chief of the United States military.

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The president told me he thinks the war is, quote, very complete.

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He went on to say Iran has no navy, no communications, no air force.

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What is your day-off plan for Iran? Well, we have a lot.

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Look, if we left right now, it would take 10 years for them to rebuild.

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But we're not ready to leave yet. We are getting very close,

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he says, to meeting our objectives as we consider winding down our great military

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efforts in the Middle East with respect to the terrorist regime of Iran.

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And we have right from the beginning, we projected four to five weeks.

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But we have capability to go far longer than that.

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We'll do it. Whatever somebody said today, they said, oh, well,

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the president wants to do it really quickly. after that he'll get bored. I don't get bored.

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Is the president in the process of winding down this war or escalating the conflict?

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Again, they're not mutually exclusive.

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Sometimes you have to escalate to de-escalate. And when Steve called up and

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he said that to me, I said, well, here we go.

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Let's do it the hard way. But the hard way, I think, is probably the easy way.

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Wait, let me get this straight. The U.S.

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Has already won, but not won enough. so they'll wind down soon,

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but they could go four to five weeks, but maybe longer because you got to escalate

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to de-escalate by doing things the hard way, which is also the easy way.

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Yes, if you want that hodgepodge of nonsense, then you can listen to Donald J.

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Trump. But as my very astute listeners know by now, he is not the one calling

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the shots on any of this. So who really is calling the shots and what do they

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want out of this conflict?

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Those are the answers that matter and you're not going to find them in the mainstream

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press. So let's roll up our sleeves and dig in.

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That is exactly what we're going to cover on today's edition of The Corbett Report.

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Welcome back, friends. Welcome back to another edition of The Corbett Report.

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I'm your host, James Corbett of corbettreport.com, coming to you,

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as always, from the sunny climes of Western Japan here in late March of 2026

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with episode 495 of The Corbett Report podcast.

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This is the real endgame in Iran.

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Yes, so for those who are wondering about the endgame in Iran,

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of course, we have to start with the first order question, which is how and

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why did this war even start?

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And although, hopefully, I would imagine most of my audience is beyond this point,

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perhaps it needs to be stated that the on-the-record official reasons that have

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been proffered in the establishment press and by establishment mouthpieces is not the reality.

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So, yes, let's put it on record.

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No, this is not about spreading freedom and democracy for the poor,

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oppressed Iranian people by raining love bombs down on their country and completely

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obliterating their infrastructure.

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Nor is this about stopping any perceived nuclear threat.

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And we know this from a number of different sources.

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But if you really do need it spelled out for you, boy, have I got a resource for you.

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It is the latest edition of my editorial that appeared in this weekend's subscriber

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newsletter, which, of course, as with all of my subscriber newsletters,

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is available right now on CorbettReport.com.

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It is called Why Did U.S. Real Attack Iran?

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And it purports to answer that very question. So you can either get it directly

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from CorbettReport.com or, of course, the editorial of my weekly subscriber

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newsletter is also posted to my substack.

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So here it is. Why did U.S. Real Attack Iran? And I start by talking about the

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very interesting phenomenon that we all know and that you have seen documented

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on Korver Report for many, many years now,

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which is that there is always some perceived ginned up war threat.

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In order to corral the public into sending their sons and daughters off to die in some foreign

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land once again so i go through some of those examples the

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spanish-american war had remember the main world war one had babies on bayonets

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world war ii had pearl harbor vietnam had the gulf of tonkin gulf war one had

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babies thrown from incubators gulf war two had weapons of mass destruction libya

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had a spontaneous people's uprising against qadavi's viagra-fueled rape squads.

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Syria had madman Assad gassing his own people.

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But of course, every single one of these casus belli was a deception,

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a false flag or a provoked incident or a completely fictitious non-event designed

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to whip up the masses' lust for blood and desire for revenge.

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But in each and every one of these cases, the puppeteers of the American empire

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had to at least try to deceive the public in order to win their support for

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war in some faraway land.

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But what's the justification for the iran war oh

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right we're uh we're we're freeing the iranian people

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or something oh wait no maybe there's a more obvious question

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and as i go on to talk about in this

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article of course the official story is bunk so what is the real story we can

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take it from people like uk national security advisor jonathan powell who was

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at the u.s iran talks in geneva in february and who reported that he was surprised

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what the iranians were putting down on the table or U.S.

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Director of National Intelligence Tulsi Gabbard, who testified at the Senate

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Intelligence Committee hearing that Iran's nuclear enrichment program was obliterated last year.

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Remember that whole 12-day war thing where the White House literally put out

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a press release saying they obliterated Iran's nuclear program?

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So no, no threat there. And of course, we've all seen Joe Kent,

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the former director of National Counterterrorism Center, resign his post.

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Complaining that there was no imminent threat from Iran. So what was this really about?

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Well, we can take it from people like Joe Kent or Jonathan Powell,

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who have both testified that obviously there were Israeli pressures that were,

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putting being put on the White House in order for this to take place.

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But we don't have to take it from that or even from Stephen McIntyre,

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who people will remember, hopefully, if they've been following the climate story,

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as I have as climate audit, a.k.a.

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One of the people who completely deconstructed and eviscerated the Michael Mann hockey stick lie.

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Well, he's also eviscerating other lies.

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And he points out that the most definitive White House statement purporting

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to justify the Israel-U.S.

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War on Iran was its March 2nd, 2026 statement titled The Iranian Regime's Decades

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of Terrorism Against American Citizens.

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If you follow that link to that post, you can see all of these examples of Iranian

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dastardly terrorism against U.S.

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Forces and sources over the course of the past few decades.

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But as it turns out, that entire document was plagiarized almost word for word

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from a June 19, 2025 post by Zvi Khan,

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who works for a, well, was former APAC employee who works for a think tank, the FDD,

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which was founded, quote, to provide education to enhance Israel's image in North America.

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So there is a pro-war Zionist funded think tank that was literally word for word behind that post.

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Again, you can take it from many different sources, but why don't we take it

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from the horse's mouth himself?

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Secretary of State Marco Rubio, yes, the same Marco Rubio, who,

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as, again, Corbett Reporteers will be well positioned to know,

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was personally vetted by Larry Ellison during his 2015 presidential selection run.

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Well, that Marco Rubio came out and kind of said the quiet part out loud about

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who's really directing America's foreign policy.

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And so the president made the

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very wise decision. We knew that there was going to be an Israeli action.

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We knew that that would precipitate an attack against American forces.

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And we knew that if we didn't preemptively go after them before they launched

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those attacks, we would suffer higher casualties and perhaps even higher those killed.

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And then we would all be here answering questions about why we knew that and didn't act.

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Wait, okay, so let me get this straight.

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Israel was going to attack Iran and therefore Iran would have obviously retaliate

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against those attacks and that retaliation would undoubtedly hit U.S. forces in the region.

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So the U.S. had to preemptively attack Iran to stop them from preemptively responding

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to the preemptive attack that hadn't taken place yet.

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Anyway, once you follow that unbelievable pretzel knot back to its underlying

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thesis, you will discover, as many in the mainstream establishment world soon did,

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hey, wait, he's basically saying Israel basically started this war.

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They were the ones who were going to attack. And so the U.S.

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Had to attack in order to defend the attacks against the defense against the

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attacks that hadn't taken place yet.

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And as you may or may not have seen, and as I document in this editorial,

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yes, there was quite a lot of diplomatic brouhaha about that and some walking

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back and, well, we don't mean to say that Israel is the one behind all of it.

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Anyway, that is exactly what Marco Rubio was indicating there.

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And of course, that comes as a surprise to precisely no one who has two brain

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cells to rub together or who has their head screwed on straight.

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And that is precisely because, again, as I document at length in this editorial,

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this is not the first time Israel has floated the idea of regime change in Iran

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or fighting Iran to the last American, which has been a key theme of warmongers like, oh,

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unconvicted war criminal Benjamin Netanyahu for decades.

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In 1992, as a member of parliament, Netanyahu addresses the Knesset.

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He says, within three to five years, we can assume that Iran will become autonomous

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in its ability to develop and produce a nuclear bomb.

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Three years later, in his book, Fighting Terrorism, he repeats the same time

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frame, three to five years.

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This is a fragment of a 2009 U.S. State Department cable released by WikiLeaks.

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Netanyahu tells members of Congress that Iran is one or two years away from

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being capable of developing nuclear weapons.

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It's 2012, and Netanyahu is holding up his infamous cartoon bomb at the UN General Assembly.

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By next spring, at most by next summer, at current enrichment rates,

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they will have finished the medium enrichment and move on to the final stage.

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From there, it's only a few months, possibly a few weeks, before they get enough enriched uranium,

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for the first bomb. And now, 33 years after Netanyahu's first so-called imminent

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warning, Israel attacks Iran.

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And if not stopped, Iran could produce a nuclear weapon in a very short time.

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It could be a year. It could be within a few months, less than a year.

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Right. So if we listen to Bibi, well, the world has been on the threat of nuclear,

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under threat of nuclear annihilation by the Iranians for decades now.

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They are always and have always been just weeks or months away from their building

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their nuclear device that they're definitely going to rain down on your head.

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So you better go in and bond them. So yes, it isn't going out on a huge limb

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to say that Israel obviously wanted this war,

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has been lusting after this war for decades has been working concertedly to

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make this war happen and to put all of the domino pieces together that would

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allow this war to take place.

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You don't go after Iran first, of course. You have to destabilize the entire

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region. You have to take out Iraq and splinter that into sectarian violence.

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You have to destabilize all of Iran's regional proxies and allies in Syria,

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in Lebanon, and elsewhere.

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And then you go for Iran, right? Seven countries in five years?

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Well, 25 years and counting, but anyway, better late than never, right?

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So again, as I document in this Why Did U.S.

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Israel Attack Iran article, you can go back and see the development of Israel's

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foreign policy and geopolitical position on Iran over the decades from the time

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when they were best buddies and allies in the era of the Pahlavi dynasty that

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lasted from 1925 to 1979.

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With, for example, Iran being the second state in the Middle East to acknowledge

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the state of Israel after its foundation in 1948.

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And you had good relations between them. You even had Mossad literally training the Shah's savak

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secret police/torture goon squad back in the 1970s.

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That is all documented on the record. I go through the links and talk about all of that.

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And then, of course, we had the revolution of 1979, which made the Iranians

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into mortal enemies and a big threat. And then everything changed.

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And then you had the Iran-Contra deal through which Israel was actually providing

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weapons to Iran on behalf of America? And why were they doing that?

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To establish contacts with the Iranian militaries that they could use to overthrow Khomeini?

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I mean, it gets crazy. And I go through all of those twists and turns.

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But long story short, yes, Israel has been lusting after Iran for decades now.

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It is a regional rival that has to at least be taken down a peg or two if greater

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Israel is to be constructed as Odin Yenon, another well-known Israeli foreign

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policy planning documents have.

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Put on record for decades. But

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I don't think that that fully explains everything that's going on here.

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Yes, of course, Israel is interested in what is happening in Iran right now.

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But that also begs the question of why they have not accomplished this in the

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decades and decades that Netanyahu in particular, and of course,

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the Likudniks and Israel crazies,

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Zionist crazies in general have been lusting after for decades. Why now?

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Why is it in 2026 that suddenly this thing that's been talked about and prepared

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for for literal decades is now suddenly coming to a head?

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Well, as I have stated before, and I will state here again,

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I do not think that massive world historical events like these take place because

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a singular group with a singular agenda has suddenly decided to write the script

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that everyone else will now slavishly follow,

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I think that these types of massive world historical events take place because

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there are a number of players at the table with an interest,

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a vested interest or sometimes a very explicit interest in these events taking place.

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So the real question becomes, and this is where I ended that editorial, what's the 3D reality.

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As in 3D chess, not the cartoon meme-ified version of Lord Emperor Trump playing

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his 17-dimensional chess, whatever garbage that is

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Now, rightfully seen for the absolute garbage that it always was,

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although it was vociferously defended by some people in this quasi-supposed

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alternative media for years there, I think no one can think that this Iran war

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is part of Trump's super plan to undermine the deep state and judo flip Netanyahu.

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No, no, it is not, because he is just a puppet that is performing what his puppeteers

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are telling him to perform.

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But who are those puppeteers and what are they doing this for?

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What is the 3D reality to this 2D chess war that we see taking place on the

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two-dimensional chessboard?

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Well, we can get a hint of that from one of the strangest aspects of the war that we've seen so far.

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And I take my cue here from Kit Knightley at Off Guardian, who wrote a very

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interesting and in-depth piece that people should check out about the bizarre

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Strait of Hormuz back and forth that has taken place.

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I'll just read from this part of my editorial. As Kit Knightley points out over at Off Guardian.

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Perhaps the most telling part of this stage-managed war narrative is the very

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strange tug-of-war over the Strait of Hormuz,

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as Knightley correctly observes the clearly manipulated stage play of the closing of the strait,

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with the Iranians closing the strait before denying they closed the strait before

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the insurance companies actually closed the strait,

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and the clearly manipulated stage play of the mining of the strait with anonymous

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trust me bro sources telling Rothschild Reuters that the strait had been mined

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before Iran officially denied mining the strait

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Before Trump demanded Iran remove the mines from the strait, before U.S.

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Secretary of War Pete Hegseth confirmed that there was no evidence of mines

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in the strait, shortly after the U.S.

00:17:27.032 --> 00:17:31.592
Navy abruptly decommissioned four minesweepers in the region after 40 years

00:17:31.592 --> 00:17:36.912
of service, has led to the next narrative being propounded by the establishment press.

00:17:37.092 --> 00:17:42.412
The squabble over the strait will lead to a never-ending state of perma-war

00:17:42.412 --> 00:17:45.732
between the West and whoever is in control of Iran.

00:17:46.772 --> 00:17:50.992
Now, I highly suggest if you are interested at all, please go to the editorial

00:17:50.992 --> 00:17:52.892
and follow every single one of these links.

00:17:53.112 --> 00:17:56.432
Every single one of these statements is, of course, hyperlinked with back to

00:17:56.432 --> 00:18:02.212
its source, showing this strange shadow play taking place where suddenly there's

00:18:02.212 --> 00:18:03.572
this story. They're mining the straight.

00:18:03.752 --> 00:18:07.152
No, we're not mining the straight. Now, I'm going to blow you up if you don't

00:18:07.152 --> 00:18:09.032
demine the straight. We never mind the straight.

00:18:09.732 --> 00:18:12.172
Actually, there's no evidence they mind the straight. Oh, by the way,

00:18:12.252 --> 00:18:14.992
we just decommissioned our minesweepers after 40 years of service.

00:18:15.532 --> 00:18:17.732
Just bizarre, bizarre, bizarre, bizarre.

00:18:18.292 --> 00:18:21.572
But it ends up in this narrative.

00:18:22.032 --> 00:18:26.032
And Knightley links rightly, I think, to this Financial Times article,

00:18:26.352 --> 00:18:31.292
Why Hormuz Will Haunt Us Long After This War Ends, which notes,

00:18:31.652 --> 00:18:36.212
quote, it is not in Trump's power to reopen this vital sea passage by declaring

00:18:36.212 --> 00:18:37.672
victory and walking away.

00:18:38.052 --> 00:18:43.072
Instead, his war with Iran and this particular issue of the Strait of Hormuz

00:18:43.072 --> 00:18:47.692
will define the rest of his presidency and may haunt his successors.

00:18:47.852 --> 00:18:49.652
That is because the straits closure

00:18:49.652 --> 00:18:54.292
creates both an immediate crisis and a long-term strategic quandary.

00:18:54.472 --> 00:18:59.452
The current problem is that the longer it is closed, the greater the threat of a global recession.

00:19:00.032 --> 00:19:04.012
The future dilemma is that Iran now knows that control of the Strait of Hormuz

00:19:04.012 --> 00:19:06.392
gives it a stranglehold over the world economy.

00:19:06.832 --> 00:19:11.792
Even if it relaxes its grip in the short term, it can tighten it again in future.

00:19:12.292 --> 00:19:16.932
Dot, dot, dot. Do, do, do. Oh, no. So they're coming again straight from the

00:19:16.932 --> 00:19:19.112
horse's mouth of the Financial Times.

00:19:19.312 --> 00:19:22.012
Gideon Rackman. That's a name that people should be familiar with.

00:19:22.392 --> 00:19:27.432
But anyway, coming straight from the horse's mouth, it doesn't matter what Trump

00:19:27.432 --> 00:19:30.672
does or doesn't do at this point. He can walk away completely.

00:19:30.672 --> 00:19:33.072
He can obliterate Iran's navy

00:19:33.072 --> 00:19:36.192
as he already says he's done, but he's going to do it even harder now.

00:19:36.452 --> 00:19:41.552
There's more back and forth that's developing as I am recording this episode with an ultimatum.

00:19:41.652 --> 00:19:45.572
You have 48 hours to clear the Strait of Hormuz or we're going to obliterate

00:19:45.572 --> 00:19:48.832
your power plants, says Trump, etc., etc.

00:19:48.972 --> 00:19:54.232
People have seen this taking place. But as the establishment mouthpieces and

00:19:54.232 --> 00:19:59.112
gatekeepers are saying right there in the open, it doesn't matter what happens

00:19:59.112 --> 00:20:02.812
at this point and how this is resolved or not resolved.

00:20:03.012 --> 00:20:07.012
The point is the threat is now established and it is there.

00:20:07.172 --> 00:20:13.312
It is always there and will be the thing that can be ginned up at a moment's

00:20:13.312 --> 00:20:18.372
notice by anonymous sources telling Reuters, oh, yeah, they totally mind the straight.

00:20:18.856 --> 00:20:24.756
So again, where the hell did that report come from? Who were these anonymous sources?

00:20:25.316 --> 00:20:29.276
Reuters really, truly just says anonymous sources in a position to know.

00:20:29.656 --> 00:20:32.816
That could be literally anyone from anywhere, right?

00:20:33.436 --> 00:20:36.796
But they don't have to tell us because they're protecting their sources. Okay, great.

00:20:36.956 --> 00:20:40.896
So we have this completely, totally fabricated information

00:20:40.896 --> 00:20:45.396
from nowhere by no one that just appears in the press and then dominates the

00:20:45.396 --> 00:20:50.336
headlines that then completely reconfigures the entire calculus about the war

00:20:50.336 --> 00:20:51.716
and what's happening and what

00:20:51.716 --> 00:20:56.976
the strategic choke point is and brings the world to the state of warfare.

00:20:56.976 --> 00:21:01.876
Because of course, what happens with the Strait of Hormuz is and has been the

00:21:01.876 --> 00:21:07.016
choke point that makes this not just some regional squabble for dominance between

00:21:07.016 --> 00:21:09.736
Israel and Iran, but a global threat.

00:21:09.736 --> 00:21:14.916
And that is the thing that can be, again, drawn out of the hat at any time by

00:21:14.916 --> 00:21:19.536
anonymous sources speaking off the record to whatever established mouthpieces

00:21:19.536 --> 00:21:21.636
want to publish it whenever they want to publish it.

00:21:21.736 --> 00:21:24.896
This is the real ultimatum that is taking place right now.

00:21:24.996 --> 00:21:27.836
It is not an ultimatum from Trump to Iran, you better clear the strait.

00:21:27.936 --> 00:21:31.916
It's an ultimatum from the deep stake, the people who are really handling this

00:21:31.916 --> 00:21:36.676
to Trump and whoever else succeeds him in the Oval Office that you are going

00:21:36.676 --> 00:21:42.816
to be holden to whatever narrative we create about the Strait of Hormuz at any time we create it.

00:21:43.336 --> 00:21:50.376
So I think there's a deeper level of what's going on here that is not being managed by Trump.

00:21:50.396 --> 00:21:53.236
It is not even being managed by Netanyahu.

00:21:53.516 --> 00:21:59.076
There are forces above these players. And that brings with it some of the strange

00:21:59.076 --> 00:22:02.916
parts of this story that, again.

00:22:03.588 --> 00:22:08.608
Some of them obvious, some of them much less obvious as to who is really benefiting

00:22:08.608 --> 00:22:11.108
from what is happening with the Iran war.

00:22:11.268 --> 00:22:15.848
Of course, the base level of this analysis would be the obvious one.

00:22:15.928 --> 00:22:17.628
The follow the money, who benefits?

00:22:17.848 --> 00:22:23.648
Well, obviously, as always, when it comes to warfare, the military industrial complex benefits.

00:22:23.848 --> 00:22:27.768
They cash in, they laugh all the way to the banks that they own.

00:22:28.488 --> 00:22:33.268
And here we go. So, for example, we saw this float through the newswires a few

00:22:33.268 --> 00:22:34.968
days ago from antiwar.com.

00:22:35.028 --> 00:22:40.168
Department of War seeks $200 billion more to fund Iran war because,

00:22:40.328 --> 00:22:43.168
yes, on top of expanding and ballooning the U.S.

00:22:43.468 --> 00:22:48.408
Military budget to its largest ever in history, the Trump administration,

00:22:48.428 --> 00:22:54.748
the Peace Prize administration, right, is now asking for even more money for

00:22:54.748 --> 00:22:56.908
this war that they've already won today.

00:22:57.214 --> 00:23:00.094
But not one enough. And $200 billion.

00:23:00.494 --> 00:23:03.634
But don't worry, guys, they have to seek $200 billion.

00:23:03.854 --> 00:23:07.354
They're asking, please, Congress, will you approve this? Oh,

00:23:07.454 --> 00:23:08.734
wait, they don't have to ask anything.

00:23:09.134 --> 00:23:12.354
U.S. remove sanction. Oh, sorry, that's the wrong one. U.S.

00:23:12.774 --> 00:23:18.134
Fast tracks billions in emergency arm sales to Gulf, bypassing Congress.

00:23:18.394 --> 00:23:21.974
Yeah, of course, they can fast track the money that they need when they need

00:23:21.974 --> 00:23:25.014
it, because, of course, this is an emergency wartime situation,

00:23:25.014 --> 00:23:31.774
which, as always lets the floodgates open and ka-ching, ka-ching, ka-ching.

00:23:31.994 --> 00:23:37.794
And if you want a really detailed deep dive report on this, I will point people

00:23:37.794 --> 00:23:40.814
to this recent report from the Democracy Defender, Iran War,

00:23:41.174 --> 00:23:43.494
We Follow the Money to Mar-a-Lago.

00:23:43.694 --> 00:23:48.194
And this is a step-by-step deconstruction of the entire Trump administration

00:23:48.194 --> 00:23:53.174
and everyone who's literally invested in this war, who also happens to be in

00:23:53.174 --> 00:23:56.274
positions of power in the administration.

00:23:56.694 --> 00:24:01.274
So again, person by person, Steven Feinberg, the co-founder of the Cerberus

00:24:01.274 --> 00:24:05.154
Capital Management, a private equity firm with approximately $70 billion in

00:24:05.154 --> 00:24:10.194
assets, who serves as the deputy secretary of defense. I thought it was the secretary of war.

00:24:10.914 --> 00:24:15.054
Howard Lutnick, of course, commerce secretary who has made appearances here

00:24:15.054 --> 00:24:16.594
on the Corbett Report in recent weeks.

00:24:17.034 --> 00:24:22.374
Scott Besant and his conflicts of interests in various investments that he's

00:24:22.374 --> 00:24:25.974
totally going to divest from in 90 days or something like that.

00:24:26.114 --> 00:24:27.234
Oh, wait, he failed to do that.

00:24:27.714 --> 00:24:31.474
Energy Secretary Chris Wright, and then going through the Board of Profits,

00:24:31.734 --> 00:24:34.334
the Shadow Contractors, the Golden Grift, etc.

00:24:34.974 --> 00:24:39.014
It's, again, a very, very detailed report. So please do explore that if you're

00:24:39.014 --> 00:24:44.774
interested in how exactly the military-industrial complex is benefiting from what's going on.

00:24:44.894 --> 00:24:47.114
But it's not just the U.S.

00:24:47.494 --> 00:24:51.314
Military-industrial complex that is benefiting from this. Although they demonstrably

00:24:51.314 --> 00:24:56.214
are, and obviously there are people who are making bank on this bloodshed and carnage.

00:24:57.890 --> 00:25:01.070
Weirdly enough, it's also people who have been in the U.S.

00:25:01.530 --> 00:25:05.550
State Department's crosshairs who are also benefiting from what's going on,

00:25:05.750 --> 00:25:07.510
sometimes quite literally and quite financially.

00:25:07.710 --> 00:25:11.910
For example, this recent report from the Daily Caller, Russian oil poised to

00:25:11.910 --> 00:25:16.110
flood world markets as Trump admin lifts sanctions.

00:25:16.290 --> 00:25:20.910
In fact, they've even lifted sanctions on Iranian oil, which has been stranded

00:25:20.910 --> 00:25:24.450
at sea to boost the overall supply because, well, what can we do?

00:25:24.590 --> 00:25:26.150
You see the oil price going up.

00:25:26.330 --> 00:25:29.230
So we have to unsanction Iranian oil.

00:25:29.430 --> 00:25:33.050
So the very people that we are bombing, we're going to unsanction their oil

00:25:33.050 --> 00:25:35.610
so that we can bring down global oil prices.

00:25:38.070 --> 00:25:41.790
And there's even more interesting parts of this. I want you to put a pin in

00:25:41.790 --> 00:25:45.670
this particular article because I think it tells us actually where this is really

00:25:45.670 --> 00:25:47.650
going and what the end game may really be about.

00:25:47.810 --> 00:25:51.830
But anyway, this little story floated through the newswires last week and probably

00:25:51.830 --> 00:25:53.770
most people didn't see it at all.

00:25:54.310 --> 00:26:00.810
Iran mulls allowing tankers through Strait of Hormuz if trade conducted in yuan.

00:26:02.013 --> 00:26:06.033
That, my friends, is a significant part of the narrative.

00:26:06.993 --> 00:26:11.573
But the real question, OK, so, yes, there are definitely financial interests

00:26:11.573 --> 00:26:16.433
on all sides that are taking place right now and that there are people who are

00:26:16.433 --> 00:26:17.893
literally invested in this war.

00:26:18.113 --> 00:26:23.233
But as always, it's important to stress it is not the average person who is

00:26:23.233 --> 00:26:26.313
going to benefit from this in any way, financially or otherwise.

00:26:26.313 --> 00:26:30.373
It's not that because the U.S. is making bank, U.S.

00:26:30.833 --> 00:26:34.373
Military contractors and well-connected insider administration cronies,

00:26:34.493 --> 00:26:36.753
they're making lots of money. Therefore, yay.

00:26:37.053 --> 00:26:41.613
No, because, of course, the average person is just going to see higher gas prices

00:26:41.613 --> 00:26:45.673
and higher prices of everything as the world economy comes to a grinding halt.

00:26:45.873 --> 00:26:53.233
And that's true not just in America. It's true in every country. Of course, Iran as well.

00:26:53.293 --> 00:26:56.813
It's not like the unsanctioned oil. oh, yay, now the Iranian people are going

00:26:56.813 --> 00:27:00.713
to benefit from the oil that their country owns. Oh, wait, they don't own it.

00:27:00.853 --> 00:27:05.853
No, the government claims control over it and they will reap any possible benefits

00:27:05.853 --> 00:27:08.693
from whatever funds might come through that unsanctioned oil.

00:27:08.933 --> 00:27:15.173
Meanwhile, in reality, dot, dot, dot, this latest article, Iran issues 10 million

00:27:15.173 --> 00:27:17.953
real banknote amid soaring inflation.

00:27:18.173 --> 00:27:22.493
Yes, they have just released their largest ever, their highest denominated ever

00:27:22.493 --> 00:27:28.693
bank note, the 10 million real note, because inflation is going through the

00:27:28.693 --> 00:27:29.793
roof over there, of course,

00:27:29.953 --> 00:27:35.053
as it would as their currency collapses, as their access to world markets already

00:27:35.053 --> 00:27:40.113
highly sanctioned and highly controlled begins to completely collapse.

00:27:40.313 --> 00:27:44.733
The average Iranian is sitting there in an internet blackout with inflation

00:27:44.733 --> 00:27:45.973
going through the roof watching.

00:27:46.173 --> 00:27:50.013
Oh, well, good, yeah, now I have a 10 million real note, yay.

00:27:50.913 --> 00:27:54.793
Hopefully it will buy me a block of butter at the end of the day.

00:27:54.913 --> 00:27:59.393
So this is the state of things for the average person.

00:27:59.553 --> 00:28:04.793
And wait, it gets worse. And I think this points us to where things may be really going here.

00:28:06.082 --> 00:28:09.682
Does anyone remember the dark days of the lockdown during the scandemic?

00:28:09.922 --> 00:28:15.562
Because it turns out warfare is a good way of reconditioning the populace to,

00:28:15.782 --> 00:28:20.742
of course, comply with whatever wartime rationing and demands that the state may make.

00:28:20.922 --> 00:28:27.542
For example, we get this from The Telegraph. People urged to work from home in global oil crisis.

00:28:27.802 --> 00:28:31.642
Yes, work from home mandates and rationing of various sorts,

00:28:31.662 --> 00:28:34.362
because, of course, there is a global oil crisis going on, guys.

00:28:34.362 --> 00:28:36.622
You see what's happening in the Strait of Hormuz.

00:28:36.942 --> 00:28:39.882
We're all going to have to tighten our belts, but don't worry.

00:28:40.002 --> 00:28:45.162
It's for the good of the Iranian people or it's to keep us safe from their nukes.

00:28:45.262 --> 00:28:47.522
Well, I don't know. I don't know exactly why this is happening,

00:28:47.542 --> 00:28:50.002
but anyway, we're all going to make the sacrifices.

00:28:50.762 --> 00:28:54.362
If I didn't know better, and I do, but if I didn't know better,

00:28:54.502 --> 00:28:58.302
I'd say, hmm, I think there's something more going on here.

00:28:58.422 --> 00:29:02.762
There's some sort of, I don't know, great reset agenda, a build back better

00:29:02.762 --> 00:29:08.062
agenda, a new world order, a newer, friendlier world order that is being erected

00:29:08.062 --> 00:29:13.062
from the ashes of this smoking crater hole left by the Iran war.

00:29:13.842 --> 00:29:18.102
But again, don't take it from James Corbett. What does he know?

00:29:18.262 --> 00:29:24.182
No, no. Let's take it from one of the new rising stars of the alternative media.

00:29:25.222 --> 00:29:26.682
If you were the commander in

00:29:26.682 --> 00:29:30.882
chief of the United States, What would you do at this point as of today?

00:29:34.691 --> 00:29:38.271
Commander-in-chief, meaning Donald Trump? Yeah, you get to make the decisions.

00:29:38.351 --> 00:29:40.151
What does America do next?

00:29:40.431 --> 00:29:44.491
If it's acting in its own interest, if it's trying to preserve its power and

00:29:44.491 --> 00:29:46.111
wealth at this point, what does it do?

00:29:48.931 --> 00:29:52.871
Well, first of all, I would acknowledge that all these events are interconnected, right?

00:29:52.991 --> 00:29:56.651
So the Strait War of China, this war in Ukraine, this war in the Middle East,

00:29:56.791 --> 00:30:02.251
it's all interconnected because the American empire, it's too overstretched.

00:30:02.251 --> 00:30:05.931
And it has its fingers on everything.

00:30:06.151 --> 00:30:11.671
And so it allows its enemies to provoke it into these never ending wars.

00:30:11.971 --> 00:30:17.031
So what I would do is basically sit down everyone, including Russia,

00:30:17.571 --> 00:30:25.711
China, Iran, and say, it's time for a new world order where we are partners in this relationship.

00:30:25.991 --> 00:30:29.991
Before America was a hegemon, before the US dollar was a world reserve currency.

00:30:29.991 --> 00:30:36.311
But now what we want to do is open a dialogue where everyone is respected,

00:30:36.911 --> 00:30:43.211
where America is no longer the bully, but a winning partner in creating a new

00:30:43.211 --> 00:30:47.311
economic order that benefits everyone and not just a few.

00:30:48.816 --> 00:30:55.196
I think that's the wisest possible advice and probably the only path that preserves civilization.

00:30:56.576 --> 00:31:00.816
Are you buying this? I mean, really? Are you buying this?

00:31:01.016 --> 00:31:05.196
And who's selling it? Well, for those not in the know, that was Professor Zhang Shuiqin,

00:31:05.356 --> 00:31:08.316
who has rocketed through the ranks of

00:31:08.316 --> 00:31:12.656
absolutely nowhere to become one of the most revered Nostradamus's

00:31:12.656 --> 00:31:16.096
so-called of the mainstream alternative

00:31:16.096 --> 00:31:18.936
media and is now being hosted by the likes of

00:31:18.936 --> 00:31:22.776
tucker carlson himself interesting and interesting

00:31:22.776 --> 00:31:26.276
for a number of reasons not only because this proposed solution is evidently

00:31:26.276 --> 00:31:29.216
a shinier happier multilateral new world

00:31:29.216 --> 00:31:32.036
order with china and russia and where have i heard this

00:31:32.036 --> 00:31:35.256
before where have i heard this narrative being propounded before

00:31:35.256 --> 00:31:38.976
um but also because who is this professor jang

00:31:38.976 --> 00:31:42.256
anyway and how did he suddenly become so popular

00:31:42.256 --> 00:31:44.956
and amazing and millions of people watching him

00:31:44.956 --> 00:31:47.736
on youtube despite the fact that i

00:31:47.736 --> 00:31:50.876
have yet to hear him say literally anything make any

00:31:50.876 --> 00:31:54.076
analysis that is not available in a thousand other places and

00:31:54.076 --> 00:31:57.536
with better documented sources i just i don't it's

00:31:57.536 --> 00:32:01.036
almost like something's going on here and yeah when you start to dig into it

00:32:01.036 --> 00:32:04.976
canadian journalist deported from china from the globe and mail back in 2002

00:32:04.976 --> 00:32:11.576
noting how jang shui chin who was a canadian freelance journalist born who was

00:32:11.576 --> 00:32:16.176
born in china was working for our good friends at PBS back in that time,

00:32:16.376 --> 00:32:20.196
making a documentary about labor unrest in China, which caused him to be deported

00:32:20.196 --> 00:32:24.496
from the country and thus a crusader for human rights or something.

00:32:24.696 --> 00:32:30.556
I don't know. Anyway, he's a freelance journalist working with the US PBS to

00:32:30.556 --> 00:32:32.596
undermine China and gets deported.

00:32:32.796 --> 00:32:38.936
Then the next year he gets back into China and decides to give up journalism to,

00:32:39.436 --> 00:32:43.776
Focus on education? Well, anyway, that's what we can get from his own op-eds

00:32:43.776 --> 00:32:46.016
that he wrote for CNN back in 2017.

00:32:46.196 --> 00:32:50.296
China's media enables tyranny and corruption, unlike the U.S., I guess, and PBS.

00:32:51.616 --> 00:32:55.736
China let me back into the country a year later in 2003. And today I've switched

00:32:55.736 --> 00:32:59.196
from being a rebellious journalist into a public educator, tasked with helping

00:32:59.196 --> 00:33:01.356
China adopt Western creativity.

00:33:02.236 --> 00:33:05.596
And now he's literally a high school teacher in China.

00:33:06.916 --> 00:33:10.576
Mr. Zhang, not Professor Zhang, because that's just a title.

00:33:10.716 --> 00:33:11.696
He's just given himself.

00:33:11.916 --> 00:33:15.516
He is not a professor. He is a Mr. Zhang who is teaching high school in China.

00:33:15.696 --> 00:33:17.616
He has a BA in literature.

00:33:17.916 --> 00:33:23.096
I am literally more academically qualified than Professor Zhang if we wanted

00:33:23.096 --> 00:33:26.056
to go degree for degree, which I don't.

00:33:26.296 --> 00:33:31.636
But anyway, make of all that what you will. But along comes these truth tellers

00:33:31.636 --> 00:33:34.996
in the mainstream alternative media to tell you that the real answer here is

00:33:34.996 --> 00:33:39.656
for America to just give in to the multilateral world order that, huh,

00:33:39.976 --> 00:33:44.236
you know, now that I think about it, is the exact same thing that the U.S.

00:33:44.376 --> 00:33:49.976
Deep state and the globalists of all stripes have been advocating for openly for years now.

00:33:50.856 --> 00:33:56.596
As one of the top military people said to me in a secure meeting the other day.

00:33:57.836 --> 00:34:01.916
Sixty million people died between 1900 and 1946.

00:34:02.836 --> 00:34:08.856
And since then, we established a liberal world order, and that hadn't happened in a long while.

00:34:08.996 --> 00:34:11.336
A lot of people died, but nowhere near the chaos.

00:34:11.736 --> 00:34:15.236
And now is a time when things are shifting. We're going to — there's going to

00:34:15.236 --> 00:34:16.596
be a new world order out there.

00:34:16.796 --> 00:34:20.996
And we've got to lead it. We've got to unite the rest of the free world in doing it.

00:34:21.945 --> 00:34:28.285
The idea is that the international rules based order has a moral imperative,

00:34:28.285 --> 00:34:35.045
which is which stands in opposition to something that you you've discussed before.

00:34:35.045 --> 00:34:43.905
The joint statement between Xi Jinping and Vladimir Putin, who suggested a different model.

00:34:45.125 --> 00:34:52.085
Based on what they were calling a multipolar rules-based system,

00:34:52.185 --> 00:34:56.965
but they very much focused on it being an international law-based system,

00:34:57.305 --> 00:35:03.905
focused more around the G20 than the international rules-based order,

00:35:04.105 --> 00:35:08.885
which is the one that we're encouraged to support,

00:35:09.125 --> 00:35:15.205
which is based around the G7 and what we might call a unipolar world order.

00:35:15.365 --> 00:35:21.625
And it was actually Patrick Stewart, who was writing in the Washington Quarterly

00:35:21.625 --> 00:35:25.925
for the Council on Foreign, well, not for the Council on Foreign Relations in

00:35:25.925 --> 00:35:29.565
this instance, but he's a member of the Council of Foreign Relations,

00:35:29.905 --> 00:35:38.445
who described what the international rules-based order is currently, the Western model.

00:35:38.585 --> 00:35:43.825
I should interject that you mean Stuart Patrick, not Patrick Stewart. Not Captain Picard.

00:35:44.485 --> 00:35:47.745
Yeah, no, not Captain Picard, no.

00:35:48.085 --> 00:35:51.765
But he described it as follows.

00:35:51.785 --> 00:35:57.245
What sets the post-1945 Western order apart is that it was shaped overwhelmingly

00:35:57.245 --> 00:36:04.565
by a single power, the United States, operating in the broader context of strategic bipolarity.

00:36:04.905 --> 00:36:12.585
It constructed, managed and defended the regimes of the capitalist world economy. So this idea of.

00:36:13.663 --> 00:36:18.523
You know, which is framed in fluffy rhetoric of democracy and all that kind of thing.

00:36:19.183 --> 00:36:22.383
And it is fluffy rhetoric. I think that's the point to make,

00:36:22.383 --> 00:36:25.923
because there is if we look at what's happening now, there is no commitment

00:36:25.923 --> 00:36:27.323
to democratic principles.

00:36:27.583 --> 00:36:30.043
There's none at all. So.

00:36:31.303 --> 00:36:37.903
The the idea is that the U.S. as a as a unipolar power, which certainly they

00:36:37.903 --> 00:36:42.483
were after the end and the sort of dissolution of the Soviet Union,

00:36:42.483 --> 00:36:44.163
They became that in reality.

00:36:45.063 --> 00:36:48.923
We had a unipolar world. There was only one superpower.

00:36:50.423 --> 00:36:53.723
That situation is rapidly changing.

00:36:53.903 --> 00:36:59.543
And that situation is changing very quickly, given what's happening in Ukraine at the moment.

00:37:00.183 --> 00:37:04.863
But nonetheless, that was the idea of the international rules-based order,

00:37:04.863 --> 00:37:09.763
as presented by the West, which stands opposed to the new model,

00:37:09.763 --> 00:37:14.243
which is being advocated by China and Russia at the moment.

00:37:15.563 --> 00:37:21.583
In case you missed it at the time, that was a clip from my 2022 interview with

00:37:21.583 --> 00:37:25.323
researcher Ian Davis, frequent Corbett Report guest, friend of the show,

00:37:25.443 --> 00:37:29.583
you will recognize from his many previous appearances on the Corbett Report.

00:37:29.763 --> 00:37:34.063
That one specifically was entitled Ian Davis on the New World Order and How

00:37:34.063 --> 00:37:40.783
to Oppose It, in which we were talking about what was very au courant in diplomatic circles at that time,

00:37:41.023 --> 00:37:44.483
which are various statements by Biden and other deep state stooges about the

00:37:44.483 --> 00:37:49.403
need for the creation of a new multipolar world order and how this international

00:37:49.403 --> 00:37:54.903
rules-based order has been advocated on both sides of the phony ginned up West

00:37:54.903 --> 00:37:57.903
versus Bricks conflict for years and years now.

00:37:58.043 --> 00:38:02.723
And there's plenty of evidence in that conversation, in the article that Ian

00:38:02.723 --> 00:38:07.783
Davis penned that we were talking about, in the various sources he was citing, Stuart Patrick,

00:38:08.325 --> 00:38:12.705
and others not, Patrick Stewart, etc. So there's a lot of information there

00:38:12.705 --> 00:38:15.085
for people who are just getting caught up on reality.

00:38:15.265 --> 00:38:20.065
So there you go, Professor Davis, or maybe Professor Corbett,

00:38:20.205 --> 00:38:23.405
because, you know, reportage, essays on the New World Order.

00:38:23.605 --> 00:38:27.705
How did Nostradamus Corbett possibly predict that this is where things were heading?

00:38:28.465 --> 00:38:34.745
Anyway, yes, let's yes-end this information that's coming now from the mainstream

00:38:34.745 --> 00:38:36.285
alternative media that yes,

00:38:36.505 --> 00:38:41.505
the end game for an Iran war conflict is the creation of a new international

00:38:41.505 --> 00:38:44.025
rules based order. Yes, that's that's true.

00:38:44.245 --> 00:38:48.045
I don't think that's a good thing because of everything that it entails.

00:38:48.045 --> 00:38:54.345
And we start to see that when we start to see the oil prices skyrocketing is

00:38:54.345 --> 00:38:56.405
going to create these rationing measures, etc.

00:38:56.725 --> 00:38:59.405
And one does not have to have a great deal of

00:38:59.405 --> 00:39:02.985
imagination to understand how these financial pressures are going to be used

00:39:02.985 --> 00:39:08.685
as leverage to advance every single one of the agenda items that we know is

00:39:08.685 --> 00:39:15.505
on board for digital ID and biometrics and all of the other apparatus of the

00:39:15.505 --> 00:39:19.385
biosecurity state that is now being transitioned into the war security state.

00:39:19.525 --> 00:39:24.365
You know that narrative is coming, but let's look at a very specific example,

00:39:24.545 --> 00:39:29.525
something we can put our finger on of who is behind what is happening and why

00:39:29.525 --> 00:39:34.165
they are so interested in it and specifically what will eventuate from this.

00:39:34.305 --> 00:39:38.305
Let's put our necks out there and make some specific predictions about what

00:39:38.305 --> 00:39:42.225
is coming as a result of this, because there is enough information now that

00:39:42.225 --> 00:39:43.425
we can start to get a sense of that.

00:39:43.565 --> 00:39:47.225
We've already looked at some of the people who are financially benefiting from this.

00:39:47.605 --> 00:39:51.405
Surprise, surprise. Guess what? The Iran war is also a gangster war,

00:39:51.565 --> 00:39:55.905
like every war is, because their financial and monetary incentives are there.

00:39:55.905 --> 00:40:00.225
But very specifically, when we're following the money on the Iran war trail,

00:40:00.425 --> 00:40:05.205
let's not just end at the usual military industrial complex grifters making

00:40:05.205 --> 00:40:07.225
bank from their blood money.

00:40:07.445 --> 00:40:11.205
No, no, no. It doesn't end there. In fact, what we are looking at is...

00:40:11.818 --> 00:40:17.238
Following the money all the way into a new monetary order, because that is on the table.

00:40:17.418 --> 00:40:22.378
And let's look at in more detail at that article that I read the headline of earlier.

00:40:22.818 --> 00:40:28.178
Iran mulls allowing tankers through Strait of Hormuz if trade conducted in yuan.

00:40:29.057 --> 00:40:32.897
What on earth is this about? Iran is considering allowing a limited number of

00:40:32.897 --> 00:40:35.877
oil tankers to pass through the Strait of Hormuz on the condition that the oil

00:40:35.877 --> 00:40:38.457
cargo is traded in Chinese yuan.

00:40:38.757 --> 00:40:43.817
A senior Iranian official told CNN that Tehran is working on a new plan to manage

00:40:43.817 --> 00:40:47.977
tanker traffic through the strategic waterway on Iran's southern coast.

00:40:48.157 --> 00:40:50.757
Now, of course, this article is a week old.

00:40:51.277 --> 00:40:54.417
Things have moved on since then. We now have this new ultimatum that's happening

00:40:54.417 --> 00:40:56.457
as I'm recording this podcast, etc.

00:40:56.757 --> 00:41:02.997
So the ongoing brouhaha in the straight is not settled yet. But as we see,

00:41:03.137 --> 00:41:07.497
it is the open festering wound that can be the bandaid can be ripped off at

00:41:07.497 --> 00:41:09.617
any time, no matter how they cover it over.

00:41:09.877 --> 00:41:16.277
And the floating of the idea that only yuan denominated oil will pass through

00:41:16.277 --> 00:41:20.817
is extremely important because, as people know,

00:41:21.157 --> 00:41:25.777
maybe you've heard about it before, the petroyuan is a thing or a thing that

00:41:25.777 --> 00:41:30.577
China has been trying to bring into reality for years and has had some limited success on that.

00:41:30.717 --> 00:41:34.557
If you do not know about that, just type petroyuan into the Corbett Report

00:41:34.557 --> 00:41:38.317
search engine and you will find articles that I've had on that very subject

00:41:38.317 --> 00:41:40.417
over the years talking about that.

00:41:40.537 --> 00:41:46.357
But if you don't know what the petroyuan is, well, how about we start at basics, the petrodollar.

00:41:46.677 --> 00:41:50.737
Again, this is something that I've talked about before. But the long story short

00:41:50.737 --> 00:41:55.477
is that in the 1970s, as Nixon was closing the gold window and people around

00:41:55.477 --> 00:41:56.977
the world were discovering that the U.S.

00:41:57.077 --> 00:42:00.617
Dollar was no longer backed up by gold. Well, what's it backed up by?

00:42:00.977 --> 00:42:04.897
Of course, Kissinger, acting as a proxy for Rockefeller behind the scenes,

00:42:05.037 --> 00:42:08.857
was scrambling to put together a diplomatic coup.

00:42:09.557 --> 00:42:14.497
A monetary/military coup of sorts in the Middle East, specifically the

00:42:14.497 --> 00:42:16.157
construction of the petrodollar.

00:42:16.297 --> 00:42:19.017
And for people who don't know, this is an informal agreement.

00:42:19.017 --> 00:42:23.057
It was not a formal agreement. It did not suddenly end because it expired,

00:42:23.097 --> 00:42:27.017
as was fake news, false news reported a couple of years ago,

00:42:27.157 --> 00:42:29.877
something that I covered in the Fake News Awards recently.

00:42:30.633 --> 00:42:34.033
No, it wasn't a formal agreement. It was an informal agreement,

00:42:34.193 --> 00:42:40.553
primarily with Saudi Arabia, but also with other Gulf states to price oil in

00:42:40.553 --> 00:42:43.233
dollars, to sell oil in dollars.

00:42:43.233 --> 00:42:47.273
And for those dollars that were collected to then be recycled back through the U.S.

00:42:47.373 --> 00:42:51.913
Banking system by investing in treasuries or in the U.S. markets through U.S.

00:42:52.253 --> 00:42:56.033
Banks, that was the deal. And that was what's what made the U.S.

00:42:56.033 --> 00:43:00.653
Dollar, still the world reserve currency, still the thing that everybody had

00:43:00.653 --> 00:43:05.593
to have, because if the lifeblood of the world economy is literally priced in

00:43:05.593 --> 00:43:09.613
dollars, it means you need dollars in order to buy that lifeblood.

00:43:09.713 --> 00:43:14.933
And that's exactly the game that has been played for decades and decades now. But you know what?

00:43:15.153 --> 00:43:21.113
That's starting to change. And that changeover has been excellently summarized

00:43:21.113 --> 00:43:24.673
and encapsulated in this very important article from the Golden Geopolitics

00:43:24.673 --> 00:43:27.393
substack. I will, of course, include this in the show notes,

00:43:27.393 --> 00:43:29.653
along with everything else that I talk about today.

00:43:29.813 --> 00:43:33.833
So please go and read through it in its entirety. It's called The Breton Whoops.

00:43:34.473 --> 00:43:38.653
How 50 Years of Dollar Supremacy Are Dying with a Bang, Not a Wimper.

00:43:39.176 --> 00:43:42.316
And as I say, you should read through this whole article. It's got a lot of

00:43:42.316 --> 00:43:45.996
good detail in here talking about the situation we're in and how we've arrived

00:43:45.996 --> 00:43:51.176
at it, at least over the last several years, talking about Venezuela's attempts

00:43:51.176 --> 00:43:53.096
to get their gold out of the vaults in London,

00:43:53.376 --> 00:43:55.976
et cetera, and the Russian invasion of Ukraine, et cetera.

00:43:56.116 --> 00:44:00.016
But here's where we get to the money part, where he describes the petrodollar.

00:44:00.116 --> 00:44:01.856
The petrodollar was a simple deal.

00:44:02.036 --> 00:44:06.296
The Gulf states price their oil in dollars, recycle the surplus into U.S.

00:44:06.416 --> 00:44:09.456
Treasuries, and in exchange get American military protection.

00:44:09.756 --> 00:44:14.156
Clean, elegant, and for 50 years, it actually worked. The U.S.

00:44:14.196 --> 00:44:16.896
Got permanent demand for its currency and its debt.

00:44:17.136 --> 00:44:22.196
The Gulf got security guarantees backed by the most powerful military on earth.

00:44:22.736 --> 00:44:27.976
Five decades of procurement scandals and DEI hires later, someone called the bluff.

00:44:28.316 --> 00:44:33.376
U.S. bases across the Gulf, Bahrain, Qatar, Kuwait, the UAE,

00:44:33.376 --> 00:44:37.016
were always sold as the physical expression of this guarantee,

00:44:37.396 --> 00:44:41.056
the muscle that backed the paper. They were protection.

00:44:41.496 --> 00:44:46.076
Except now, those bases are targets. The countries hosting them are getting

00:44:46.076 --> 00:44:48.476
hit precisely because they host them.

00:44:48.636 --> 00:44:53.736
What once was U.S. military presence as shield has collapsed and become U.S.

00:44:54.196 --> 00:44:55.556
Military presence as a bullseye.

00:44:56.176 --> 00:45:00.376
Medvedev put it with the particular relish of someone who has been waiting years to say it.

00:45:00.476 --> 00:45:04.796
And here he quotes the Medvedev tweet, The Gulf Arab countries let American

00:45:04.796 --> 00:45:06.136
bases onto their territory.

00:45:06.476 --> 00:45:10.656
Naively, they expected protection from them. Like hell. The U.S.

00:45:10.896 --> 00:45:14.096
Just uses them while protecting only one country.

00:45:14.356 --> 00:45:17.016
Think long and hard about whether you really need U.S.

00:45:17.356 --> 00:45:19.716
Bases. They're not protection. They're a threat.

00:45:20.497 --> 00:45:26.457
So you are starting to see what is happening here. What is truly unfolding in this situation?

00:45:26.757 --> 00:45:29.877
Yes, war and all of the things that come along with it.

00:45:29.977 --> 00:45:34.037
But very specifically, the people who are being retaliated against by Iran right

00:45:34.037 --> 00:45:36.257
now are the people who are hosting the U.S.

00:45:36.397 --> 00:45:41.917
Military bases, which threatens to undermine the entire bases of the petrodollar system.

00:45:42.057 --> 00:45:47.397
The entire guarantee was a security guarantee, which has now just become a security liability.

00:45:48.077 --> 00:45:52.937
So why are we pricing our oil in dollars again? Hmm, I wonder if there's another way to do it.

00:45:53.057 --> 00:45:57.117
Oh, if we price it in Yuan, maybe we can sail straight through the strain of hormones.

00:45:57.917 --> 00:46:01.377
Interesting. What an interesting trap that has been set and sprung.

00:46:01.997 --> 00:46:08.617
And later on in this substack, he goes on to write about $9.2 trillion in U.S.

00:46:08.717 --> 00:46:13.577
Treasuries rolled over in fiscal 2025, roughly a third of all outstanding federal debt.

00:46:13.697 --> 00:46:17.417
And the 2026 refinancing wave is already building.

00:46:17.977 --> 00:46:22.257
Annual interest payments on the federal debt have crossed $1 trillion for the first time.

00:46:22.557 --> 00:46:26.077
The Treasury is buying back its own debt in tranches to keep the market from

00:46:26.077 --> 00:46:29.657
seizing up. But the 10-year yield keeps moving higher regardless.

00:46:30.317 --> 00:46:35.357
The petrodollar recycling loop was one of the structural forces keeping treasury auctions clearing.

00:46:35.677 --> 00:46:40.537
When Gulf sovereigns stop buying or start selling, somebody else has to absorb

00:46:40.537 --> 00:46:44.657
that supply at higher rates, which makes the interest burden worse,

00:46:44.877 --> 00:46:48.177
which makes the deficit worse, which requires more issuance.

00:46:48.397 --> 00:46:50.357
The spiral is not complicated.

00:46:50.637 --> 00:46:54.837
And underneath all of this sits a deeper shift that doesn't get enough attention.

00:46:54.837 --> 00:46:59.637
The world is migrating from a currency-based monetary order to a collateral-based one.

00:46:59.897 --> 00:47:04.397
For decades, treasuries were the global safe asset, the thing you held when

00:47:04.397 --> 00:47:05.517
you didn't know what else to hold.

00:47:05.837 --> 00:47:09.217
That status is eroding. What's replacing it are commodities,

00:47:09.557 --> 00:47:14.677
physical stuff, things you can actually use, which is, not coincidentally,

00:47:15.017 --> 00:47:18.797
exactly what the GCC is sitting on and exactly what the U.S.

00:47:18.897 --> 00:47:21.437
Has just demonstrated it cannot protect.

00:47:22.037 --> 00:47:25.397
And he goes on to make the point for example of course this is what we've seen

00:47:25.397 --> 00:47:29.957
um as investors are selling off stocks as private credit fears mount we're also

00:47:29.957 --> 00:47:36.457
seeing of course gold skyrocketing as one of the safe haven assets or um that has,

00:47:37.016 --> 00:47:41.556
shown that it is, again, the thing that people will eventually turn to when

00:47:41.556 --> 00:47:45.436
they realize that the paper promises of U.S. Treasuries are not worth the paper they're printed on.

00:47:45.756 --> 00:47:48.956
And then finally, he wraps up by saying the entire purpose of U.S.

00:47:49.036 --> 00:47:52.196
Power projection in the Middle East, the bases, the carrier groups,

00:47:52.316 --> 00:47:56.336
the security guarantees, was always to protect the dollar system,

00:47:56.576 --> 00:47:59.836
to keep the oil flowing in dollars, the recycling loop turning.

00:48:00.116 --> 00:48:02.976
Not out of the goodness of its heart, it allowed the U.S.

00:48:03.056 --> 00:48:07.276
To run deficits indefinitely, export inflation to the rest of the world and

00:48:07.276 --> 00:48:11.136
borrow at rates no other debtor could even ever dream of.

00:48:11.356 --> 00:48:16.116
Whether Washington chose this war in Iran or simply couldn't say no when Israel

00:48:16.116 --> 00:48:19.156
saw its chance and leapt, that's still an open question.

00:48:19.416 --> 00:48:25.396
What isn't open is the result. The Gulf states are under attack because they

00:48:25.396 --> 00:48:28.456
host U.S. bases, end quote.

00:48:28.936 --> 00:48:32.596
So again, please do go read through this entire article. It is important,

00:48:32.596 --> 00:48:36.556
But it shows something very important that is developing here.

00:48:36.716 --> 00:48:40.076
This is the intertwined concept that.

00:48:40.617 --> 00:48:45.937
In times of great warfare, geopolitical instability, world warfare,

00:48:46.297 --> 00:48:52.937
we see monetary paradigm shifts from the gold standard that was being propped

00:48:52.937 --> 00:48:58.417
up by the UK banking system, the British banking system in the early 1900s,

00:48:58.777 --> 00:49:04.017
shifting over after World War I through the period of great instability of the

00:49:04.017 --> 00:49:05.897
depression and everything that came along with that,

00:49:05.997 --> 00:49:10.717
to the founding of the new monetary economic order in Bretton Woods and towards

00:49:10.717 --> 00:49:16.177
the tail end of World War II that has propped up the system as we know it and has made the U.S.

00:49:16.937 --> 00:49:21.537
Unipower, at this point, empire into the greatest world empire that has ever

00:49:21.537 --> 00:49:23.377
existed on the face of the planet.

00:49:23.557 --> 00:49:29.157
That has been done specifically on the back of a number of monetary inventions,

00:49:29.357 --> 00:49:34.617
including most recently the petrodollar system, which we are seeing starting

00:49:34.617 --> 00:49:37.037
to crumble before our very eyes.

00:49:37.800 --> 00:49:43.080
This is significant. And this is how the people who are really controlling this,

00:49:43.300 --> 00:49:46.460
pulling the strings, not just of Trump, but of Netanyahu as well.

00:49:46.620 --> 00:49:49.820
And all of the players at the table, Iran and Russia and China,

00:49:50.040 --> 00:49:52.680
all of them are pulled on the monetary level.

00:49:53.280 --> 00:49:57.380
And if you can affect a changeover in the monetary paradigm itself,

00:49:58.020 --> 00:49:59.720
there is your new world order.

00:49:59.840 --> 00:50:04.600
It falls out as a result of a new monetary order that is coming into view and

00:50:04.600 --> 00:50:09.000
a monetary order that may be commodity based for some time as needed,

00:50:09.000 --> 00:50:14.100
at least to secure the reserves as the handover and changeover occurs.

00:50:14.300 --> 00:50:16.760
Will it be a petroyuan world reserve?

00:50:17.120 --> 00:50:21.200
Well, that's certainly much up in the air, but you can better believe,

00:50:21.380 --> 00:50:26.000
bet your bottom dollar, that it is going to be some form of digital currency

00:50:26.000 --> 00:50:30.580
tied to digital ID and everything else that we know is part of this agenda.

00:50:30.780 --> 00:50:34.580
And whether that's through some stablecoin issuance, which is going to be the

00:50:34.580 --> 00:50:39.860
new replacement for the petrodollar, or something else entirely remains to be seen.

00:50:40.000 --> 00:50:43.680
But this is what the bottom line is.

00:50:43.840 --> 00:50:49.480
This is what the end game is. It is about a changeover in world monetary paradigm

00:50:49.480 --> 00:50:52.840
that is going to have an effect on the entire game.

00:50:53.428 --> 00:50:58.208
Global geopolitical calculus. We are watching it happen in real time,

00:50:58.208 --> 00:51:01.848
and data is coming in every single minute of every day.

00:51:02.208 --> 00:51:05.308
It's more than any one person, even myself, can handle.

00:51:05.448 --> 00:51:11.428
So I need your help in keeping track of this data and finding out all of the

00:51:11.428 --> 00:51:16.008
little pieces of the cookie crumb trail that is leading us into this new world

00:51:16.008 --> 00:51:18.568
order that some people seem to be so excited about.

00:51:19.148 --> 00:51:21.708
On that note, I'm going to call on Corbett Report members,

00:51:21.708 --> 00:51:26.928
as always, your support is needed not only monetarily, but also informationally.

00:51:27.088 --> 00:51:31.328
I need you to help in this open source information endeavor.

00:51:31.628 --> 00:51:35.648
So if you have information, good articles like this bread and whoops articles

00:51:35.648 --> 00:51:40.588
or other information along these lines to share, please share them in the comment

00:51:40.588 --> 00:51:45.068
section of this post at corbettreport.com/iranendgame.

00:51:45.408 --> 00:51:50.708
Your support is incredibly important to this open source educational endeavor.

00:51:50.968 --> 00:51:53.468
And I'm going to keep doing it, Professor Corbett or not.

00:51:53.968 --> 00:51:57.948
I'm going to keep doing it. So I hope you will be here with me as I continue

00:51:57.948 --> 00:52:02.028
exploring this incredibly important world historical event.

00:52:02.628 --> 00:52:06.528
That's going to do it for today's exploration. I am James Corbett of corbettreport.com,

00:52:06.688 --> 00:52:09.988
once again, inviting you to take a look at the entire hyperlink transcript,

00:52:10.228 --> 00:52:13.648
all of the sources, and follow the open source investigation in the comments

00:52:13.648 --> 00:52:17.168
thread at corbettreport.com/iranendgame.

00:52:17.368 --> 00:52:20.828
But that's going to do it for today. James Corbett, corbettreport.com.

00:52:22.348 --> 00:52:25.908
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00:52:27.128 --> 00:52:32.088
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00:52:32.088 --> 00:52:36.168
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00:52:36.688 --> 00:52:38.168
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