TheAltWorld
Economy
Episode 8 | Dollar Sinking in Hormuz, Death of ‘Dubai Bling’ & Rise of Petro-Yuan with Pepe Escobar
Olga and Tara are joined by veteran geopolitical analyst Pepe Escobar to dissect the seismic shifts occurring in the Strait of Hormuz.
We dive deep into the implementation of Iran’s new “tollbooth” system and what it means for the future of global trade. Is the US dollar truly “sinking” in the Persian Gulf? We explore the rise of the Petro-Yuan, the updated concept of “Primakov Triangle” that includes Russia, Iran and China — and why the traditional business models of the UAE and the West are facing an existential crisis.
From hypersonic deterrence to the emergence of a gold-backed alternative to SWIFT, we break down the birth of a new multipolar reality.
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