Description:
Jeffrey Sachs joins Alexander Mercouris and Alex Christoforou on why the collapse of American and European hegemony is a crisis for the Western political class, not the world. Sachs on Scott Bessent’s economic D-Day, 1914 parallels, and why Iran, China and Russia are stronger than Western leaders admit.
Timeline:
00:00:00 Intro: Jeffrey Sachs joins The Duran
00:00:59 Alexander’s overview of crises in Ukraine, Iran, China and the economy
00:02:01 Sachs frames it as a crisis of Western hegemony, not the world
00:04:27 Why Europe’s behavior is even stranger than America’s
00:06:18 Multipolarity is good for living standards, not a disaster
00:08:34 Grandiosity, denial and the collapse of truthful government narratives
00:10:30 How the geopolitical bubble is fueling a financial bubble
00:12:22 The public already senses something is deeply wrong
00:14:46 Reading Foreign Affairs: the establishment’s five scenarios for world order
00:20:28 Scott Bessent’s economic D Day and the backlash it triggered
00:23:05 Alexander on Britain’s decline and the origins of World War One
00:27:48 Parallels and differences between 1914 and today
00:32:54 Why China is not the new Kaiser Wilhelm
00:36:22 Inside the Shanghai Cooperation Organization and BRICS
00:41:43 The truth about Iran’s civilization, resilience and economy
00:44:18 How the US weaponized the dollar, and why it is failing
00:48:01 Can the West face reality before the reckoning arrives
00:52:09 Why ordinary people, not elites, may be the last hope