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S15 EP150: Hour 2 - Why COVID Broke Trust In Everything
Treasury Secretary Scott Bessent goes live to open the sanctions campaign against Iran, with OFAC hitting more than 60 entities, individuals, and vessels, new sectoral determinations on digital assets, technology, gold, aviation, and shipping, a promise that every branch of Bank Melli goes dark, and a hint that a major financial institution gets sanctioned by the end of the week. Erick Erickson translates it (the UAE and Dubai have already cut Iran off, and China will tell us to pound sand), then laughs at the San Diego City Council opening its meeting with a Kumeyaay Nation land…
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