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S15 EP160: Hour 3 - Hormuz Blockade Squeezes Tehran
Erick Erickson walks through the Wall Street Journal report that Iran's oil dollars are drying up, with no Iranian crude crossing the US Navy blockade since mid July and offshore stockpiles feeding China down from 90 million barrels to 29 million. His tell that the regime itself is cracking: the Ayatollah has had two London houses foreclosed on for missed mortgage payments, and the Iranian army is going unpaid and hungry. He also unpacks the new OECD PISA study showing a worldwide learning recession, and keeps taking apart the JD Vance stay at home parent child care subsidy. Wall Street…
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