Tag Archives: Trade

The EU Declares Independence | Instex | Iran Sanctions 2

Today’s video sort of unintentionally ended up being the second video in a series dealing with the ramifications of Donald Trump’s destruction of the Iran Nuclear Deal last year. The more I think about it, the better an “Iran Sanctions” series sounds. It’s interesting how much that one terrible decision will end up driving world politics for the next couple years, if not the next couple decades. Almost every day we see things happening that can in part be traced back to it, including Germany’s reluctance to act against Huawei the way the US wants, reported today.

Today’s video focuses on INSTEX, the new European exchange that is the first stab at building a post-dollar trading and banking system. It may seem like a boring topic, but if you understand it, whole volumes of current and future geopolitical maneuvering will be revealed to you. Today’s video does what very few do, and attempts to describe the history of the secondary sanctions imposed by the US in an engaging way. Supposedly journalism is a first draft of history. I’m kind of excited by the fact that nobody else is attempting that draft this way. I could be wrong, but I’m guessing that a history focusing through the lens of the Iran Sanctions will provide a clearer picture of the 2020s than anything else.

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Video Transcript after the jump…

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The War In Syria May Be Over. What Now? | Syria 19

Keen eyed viewers may have noticed something a bit odd about this video… Have I gone full tin-hat and joined the “Assad doesn’t use chemical weapons team?” No, no I have not. I feel the same way about this issue that I do about religion. I find those who claim any kind of certainty, one way or the other, deeply silly.

In April the United States bombed Syria, supposedly in response to a chemical attack that Assad carried out in the Damascus suburb of Douma. In my video on the topic I covered the two interpretations of the event, and why I didn’t find either particularly persuasive. The bombing struck me as being about US domestic politics more than anything else. My video demolished the idea that there was any real security or humanitarian rationale to the Trump Administration’s bombing, but it also pooh-poohed the claims of the “Assad was framed!” set. Today’s video is a bit more sympathetic to the idea that the rebels cooked up April’s chemical attack to get the US to bomb Assad.

People shouldn’t be forced to be on one side or the other. Neither the Assad regime, nor the US intelligence community are trustworthy actors. I tend to give the US intelligence community more of the benefit of the doubt, but perhaps I’m biased. Our opinion of a given controversy shouldn’t be black and white. It’s entirely possible that what happened didn’t fit either narrative. It wasn’t necessarily a CIA stitch-up, the US could have been manipulated, or it could have let itself be manipulated by elements on the ground. We should also change our opinion based on new information. And with respect to April’s chemical attack, the US intelligence community has burned up a lot of my good will.

In April the US government justified its bombing with assertions that the nerve agent sarin was used in the attack on Douma. This is important, because it’s well established that many actors in the Syrian war have the capacity to deliver more widely available and more easily deliverable chlorine gas. The presence of sarin was important in the US’s story that this Douma attack was different, and more worthy of punitive action. The US made this claim, and got the United Nations to back them up. Well, earlier this month, the Organization for the Prohibition of Chemical Weapons (OPCW) released its report, and they didn’t find any Sarin. So we know that a significant portion of the story Trump and Mattis was selling was bullshit.

But once again, this is a spectrum. It doesn’t mean the CIA planned this. But it seems much more likely, to me anyway, that April’s Douma attack was carried out by the rebels themselves to try to win a propaganda victory against Assad. This could very well not be the case. Who knows, maybe Assad hopped in a helicopter and dropped those Chorine canisters himself. But if that’s the story the US government wants to tell, it shouldn’t let itself get caught out in such obvious lies. It forces me further down the path to tin-foil hat territory.

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Video Transcript after the jump…

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