Iran, the Strait of Hormuz, De-dollarization, and the Global Economic Crisis

Date: 24 June 2026 (Wednesday)

South South Dialogue on Sustainability

Host: Professor Lau Kin Chi (Lingnan University and Global University for Sustainability, Hong Kong, China)

Guest Speaker: Michael Hudson

Transcript

Opening and Framing

Lau Kin Chi: Both the U.S. and Iran said they have won the war, and so what do you think about these two proclamations ? Who do you think won the war?

Severely limit governments by limiting other government people to securing constituents' life, liberty, and property.  

By James Anthony  

June 27, 2026

[Constituent's address]

[Date]

[State legislator's name]
[State legislator's address]

Dear [Rep.] [Sen.] ______;

From this day forward, starting in the current legislative session, you could be a founding member of an rConstitution Caucus.

By Capt. Randall  

June 27, 2026

Taboos are zombie constructions, Voodoo spells that never go away.

Psychopathic egos inflicted their will on authority-bound believers using soft-psyops to promote compliance, obedience and the power of "They."

They Ate Our Lunch

.

Even rational people are plagued by the cobwebs of countless do's and don'ts, yet still color within the lines, subconsciously micromanaging themselves.

By James Bovard
Mises.org  

June 27, 2026

June 25th was the 150th anniversary of the 1876 Battle of Little Bighorn. Col. George S. Custer and 267 US soldiers were massacred by thousands of outraged Indian warriors on the plains of eastern Montana.

In 1969, as a twelve-year-old traveling to a Boy Scout Jamboree in Idaho, I visited the Custer Battlefield National Monument. I was riveted by the scene of the best-known showdown between the US Army and savages who were resisting the spread of civilization.

By Tyler Durden
Zero Hedge  

June 27, 2026

With each week and month that passes since the start of Trump's Operation Epic Fury, more and more reports have come out revealing the massive extent of damage to US military facilities in the Mideast region based on Iran's retaliation across the region.

This is often based on fresh satellite imaging and analysis, despite US government pressure for these research entities to refrain from publishing such data, and to censor open source photographs.

By George F. Smith  

June 27, 2026

On Sunday evening, August 15, 1971, President Nixon told the American people the U.S. would "suspend temporarily the convertibility of the dollar into gold or other reserve assets" as a means of defending the dollar against "the speculators." This was one part of his New Economic Policy, a phrase borrowed from communist Vladimir Lenin, which included a 90-day freeze on prices and wages, and a 10 percent tax on imports.

By Austin Ruse
Crisis Magazine  

June 27, 2026

What we have seen these past weeks is a veritable love fest between Europeans and Americans and a grand reopening of the European mind about almost all things America.

The White House cage fights, the military flyover, and the bald eagle were quite remarkable spectacles on the South Lawn the other day, especially as they laid down a working-class marker on America 250.

By Madge Waggy
MadgeWaggy.blogspot.com  

June 27, 2026

The most dangerous economic crises are not necessarily the ones that arrive with the loudest warnings. The collapse of confidence, which is often the foundation of every modern financial system, tends to happen gradually and almost invisibly. A society does not suddenly wake up one morning and discover that the structures supporting daily life have disappeared.

By Jacob G. Hornberger
The Future of Freedom Foundation  

June 27, 2026

Having illegally attacked Venezuela in an effort to kidnap the country's president, Nicolás Maduro, and transport him to the United States to stand trial for supposed violations of US drug laws, US officials have placed themselves in a position in which they are now compelled to secure a conviction. After all, how is it going to look if Maduro is acquitted of such charges and walks out of US District Court a free man ? What then?

Joaquin Flores

L'ascesa di Andy Burnham non è solo l'ultima possibilità per il Partito Laburista, ma anche la via di fuga della Gran Bretagna dalla guerra persa in Ucraina.

Sarebbe avventato credere che gli imperativi profondamente radicati dello "Stato profondo" britannico, del suo MI6, della sua pianificazione strategica a lungo termine e dei suoi impegni geopolitici siano in realtà determinati dalle elezioni alle quali il popolo della "Perfida Albione" è chiamato a partecipare con una certa regolarità.

Western imperialism and its NATO weapons, proxies, and media are at it again.

This week marked 85 years since Nazi Germany invaded the Soviet Union in the greatest crime of aggression in human history. This week, too, German panzers with their distinctive Iron Cross insignia were rolling towards Russia's border, along with other NATO partners in a military exercise cynically misnamed Operation Freedom Shield.

Abdallah A. vivait en Allemagne depuis l'âge de deux mois et avait obtenu la nationalité allemande l'année dernière. Mais celle-ci lui a désormais été retirée en raison de publications pro-palestiniennes sur Instagram, dans une affaire judiciaire inquiétante qui met en lumière la montée en puissance de la "citoyenneté conditionnelle".

Source : Jacobin, Hanno Hauenstein
Traduit par les lecteurs du site Les-Crises

Par Marie Schwab

"Depuis 20 ans, les Palestiniens sont déracinés, jetés dans des camps, affamés, tués. Pour nous, ce n'est pas mieux que la mort. Pour nous, libérer notre pays, vivre dans la dignité et le respect, jouir des droits humains fondamentaux, est aussi essentiel que la vie."

Ainsi  youtube , en 1970, l'écrivain palestinien Ghassan Kanafani.