Jeffrey Sachs: Iran Miscalculation Could Trigger a Decade-Long Economic Crisis
The Duran Podcast
The Duran
4.5 • 737 Ratings
🗓️ 7 May 2026
⏱️ 43 minutes
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Jeffrey Sachs: Iran Miscalculation Could Trigger a Decade-Long Economic Crisis
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| 0:00.0 | All right, Alexander, we are here with Professor Jeffrey Sachs. I have Professor Sacks's |
| 0:05.0 | information in the description box down below, as well as a pinned comment. So let's jump right |
| 0:10.6 | into it and get to the news on Iran, Alexander, Professor Sacks. |
| 0:15.7 | And indeed, and we're in an extraordinary situation because it seems to me that the United |
| 0:19.9 | States began a war on the 28th of February |
| 0:22.6 | without understanding its adversary on appalling pretexts and with grandiose and I would say also appalling objectives. |
| 0:36.6 | The objectives have not been achieved. The pretexts have |
| 0:40.5 | fallen away. And now they are not sure what to do and where to go, because the resistance |
| 0:48.1 | from Iran turned out to be far more effective than they could possibly have imagined. And what we're seeing is |
| 0:55.8 | the administration changing for one policy to the next policy to the next policy as they |
| 1:00.7 | try to find a way out. We are looking at possible negotiations. No one better to talk about |
| 1:08.4 | these things of war and peace with than Professor Sachs. |
| 1:12.4 | He's with us for a limited amount of time. |
| 1:16.3 | Let's make the best of this. |
| 1:18.6 | Let's go straight in. |
| 1:20.1 | Professor Sachs, first of all, do you agree with my characterisation and do negotiations objectively? |
| 1:33.3 | The objective reality of negotiations, if conducted in good faith, can they take us to an outcome where we might achieve peace? |
| 1:38.8 | I agree completely with your characterization. That's not surprising. Of course, you've had it right from |
| 1:45.0 | the very start. This was a regime change operation that was supposed to be a one-day operation. |
| 1:57.0 | I think the model for this was Venezuela. |
| 2:00.9 | And Venezuela is a very interesting case, but it was a case where the United States |
| 2:06.3 | exfiltrated or kidnapped the Venezuelan president, made some kind of deal with the rest of the government, basically with the vice president who |
... |
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