[SPEAKER_01]: The liberal globalist order is on its brink and awakening a new conservative age.
[SPEAKER_01]: Dr. Steve Turley, join me every day as we discover answers to today's toughest challenges and explore the re-bondalization of conservative civilization.
[SPEAKER_01]: This is Turley Talks.
[SPEAKER_01]: 10 straight nights of American bombs falling on Iranian soil, a naval blockade choking off half a billion dollars a day in oil revenue, and now the regime's own top economists just admitted on state media that Iran's economy is crossed the line from chronic malaise into a full-blown crisis.
[SPEAKER_01]: Stick them to the very end of this video because I'm going to show you how military pressure
[SPEAKER_01]: and economic strangulation are converging into something the regime cannot survive, a collapse from within.
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[SPEAKER_01]: Centcom has confirmed that American forces completed the 10th consecutive night of strikes against Iran late Monday evening, hitting military command centers, maritime capabilities, missile and drone launch sites, and air defense systems all aimed at degrading Iran's
[SPEAKER_01]: and against their own people, yet even as the bombs fell, Iran continued to desperately lash out in the midst of their death rows, hitting a tanker in the straight early Tuesday forcing its crew to abandon ship, as well as firing five drones at Jordan, all of which were intercepted.
[SPEAKER_01]: Iran's continued aggression against oil tankers does not appear to be working, Bloomberg is
[SPEAKER_01]: The world's largest super tanker operator are now offering crews up to six months extra pay, roughly $9,000 for junior sailors and $90,000 for captains as incentive to sail through the straight and form moves and it appears to be working, while traffic through the straight is certainly limited, it hasn't been brought to a halt like at the beginning of this conflict since early May, U.S. forces have indeed helped facilitate the transit of
[SPEAKER_01]: commercial vessels and 450 million barrels of crude oil through the straight despite Iran's best efforts to shut it down.
[SPEAKER_01]: More than 50,000 American troops remain in the theater and the U.S. enforced blockade against Iran remains in full force cutting them off from nearly a half a billion dollars a day in oil revenue.
[SPEAKER_01]: All as U.S. exporters like West Texas oil get richer with more the world's
[SPEAKER_01]: to our ports.
[SPEAKER_01]: That's the pattern.
[SPEAKER_01]: That's the trade, Tehran keeps losing.
[SPEAKER_01]: And that's the key to the Trump administration's entire strategy here.
[SPEAKER_01]: It's a constant one-two punch, a military strikes and economic choking.
[SPEAKER_01]: This morning, Treasury Secretary Scott Bessant went on Fox business.
[SPEAKER_01]: and dropped a bombshell about the economic front of this war and its geopolitical realignment, particularly as it relates to China.
[SPEAKER_00]: The Chinese in general, because of the prices and because they have a very large strategic control and reserve, have dropped their purchases of crude over the past few months by about 40% and that's directly pressuring.
[SPEAKER_00]: the Iranian regime, and we put the blockade back, and I tell you, the blockade is powerful financially, but I think it's also very powerful psychologically.
[SPEAKER_00]: It cuts around all from the rest of the world, and we also have the ability to interdict the Iranian dark fleet once they are out in the Pacific.
[SPEAKER_01]: So there you have it, Beijing is cut into Ronnie and oil purchases
[SPEAKER_01]: roughly 40% over the past few months, which is adversely affecting both Iran and China.
[SPEAKER_01]: Remember, at the heart of China's business model, was their reliance on cheap oil, significantly discounted oil from Iran and Venezuela, so they can manufacture and export cheap products around the world.
[SPEAKER_01]: That's gone.
[SPEAKER_01]: China not only is no longer importing oil from Iran,
[SPEAKER_01]: but they themselves now have to buy oil at market prices, which is a significant blow to their business model.
[SPEAKER_01]: Remember, if you've been with this channel for some time now, and if not, make sure to smack that bell and subscribe button, but you'll know that we've long argued
[SPEAKER_01]: that Trump's actions against Iran and Venezuela are ultimately about China, particularly with regard to Iran, taking out Iran means both boxing out China from influencing and dictating the security architecture of the Middle East, particularly centered on their tacit control over the straight-of-war moves, all the while forcing China
[SPEAKER_01]: to comply with sanctions and buy oil at market prices, thus removing their global manufacturing and exporting leverage.
[SPEAKER_01]: So Iran is all about a much larger geopolitical chessboard, especially when you factor in the role of the US broker to Abraham Accords as the permanent architecture of peace and prosperity in the region, which then loops us back to Iran.
[SPEAKER_01]: China was Iran's last big,
[SPEAKER_01]: customer without China buying that oil.
[SPEAKER_01]: Iran doesn't have an economy left to speak of.
[SPEAKER_01]: China was the last vestige of anything resembling an economy for Iran.
[SPEAKER_01]: So note what's happening simultaneously here.
[SPEAKER_01]: So on one side, you've got American bombs dismantling Iran's military infrastructure night after night.
[SPEAKER_01]: On the other side, Iran's biggest oil buyer,
[SPEAKER_01]: is walking away all the while.
[SPEAKER_01]: They're being starved of a half a billion dollars of oil revenue per day by way of the U.S. enforced blockade.
[SPEAKER_01]: This is a pincere movement.
[SPEAKER_01]: It's a vise grip and it's squeezing the life out of the Islamic Republic from two directions at once.
[SPEAKER_01]: And now we're beginning to see the regime crack from within.
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[SPEAKER_01]: What's so fascinating is that Iranian media is reporting that even their own economists are admitting that the war is indeed crippling their economy.
[SPEAKER_01]: Just days ago, Iran's own former presidential adviser Masud Nili warned that the country's economy
[SPEAKER_01]: was quote breaking open and inflation was spiraling out of control.
[SPEAKER_01]: Here's a chart to show you what he's getting at here in October 2023.
[SPEAKER_01]: One US dollar cost about 500,000 Iranian reals on the parallel market.
[SPEAKER_01]: By July of this year, that same dollar costs 1.8 million reals.
[SPEAKER_01]: That's a two hundred and sixty percent collapse in the currency's value in under three years.
[SPEAKER_01]: The IMF puts a bronze inflation at 69% year over year in twenty twenty six,
[SPEAKER_01]: shows the currency cratering in near vertical drops at each military escalation.
[SPEAKER_01]: The 12-day war, the US Israel strikes, and now the renewed strike campaign paired with the second naval blockade.
[SPEAKER_01]: The Rial has never recovered from a single one of those shocks and it only gets worse with every subsequent shock including this one.
[SPEAKER_01]: The regime is simultaneously fighting a war
[SPEAKER_01]: and presiding over an economy its people can no longer afford to live under.
[SPEAKER_01]: So the military and money strategy for Trump is this.
[SPEAKER_01]: The combination of military degradation and economic strangulation will lead inevitably to regimes internal fracture.
[SPEAKER_01]: And that's what the Trump administration is looking for, the combination military degradation and economic strangulation will end up shattering the regime from within the pressure of that vice of the military money campaign will be too much for the regime to sustain without cracking.
[SPEAKER_01]: And that is exactly
[SPEAKER_01]: what we appear to be seeing.
[SPEAKER_01]: Iran isn't just facing an economic crisis and a military crisis, it's facing a leadership crisis that's tearing the regime apart from the inside.
[SPEAKER_01]: Remember, back in February, I did toilet communism, self was killed and a joint U.S. is really strike.
[SPEAKER_01]: And so his son, after a very short interim of another fellow who didn't last long, and I don't even think he lasted to the end of the day.
[SPEAKER_01]: But his son, most of a committee,
[SPEAKER_01]: took over supposedly as Supreme Leader, at least on paper, he's the leader of Iran, no one has seen him publicly since the initial strike that killed his father.
[SPEAKER_01]: According to reporting out this week, most of us grip on power is anything but stable.
[SPEAKER_01]: Insiders are now openly calling the state of the regime as a war of thugs, that's a quote, War of thugs,
[SPEAKER_01]: over the regime's dwindling survival mechanism.
[SPEAKER_01]: So get this, one state-aligned expert went on Iranian state television.
[SPEAKER_01]: This is back on July 16th.
[SPEAKER_01]: And admitted in his own words that quote, the Americans have put us in a vicious cycle and are slow boiling us like a frog.
[SPEAKER_01]: That's not a Western analyst saying that.
[SPEAKER_01]: That's their own guy on their own airways.
[SPEAKER_01]: In effect saying that the regime is cooked,
[SPEAKER_01]: Most of a company's own advisor, Moussen Ratzé, went on state television and declared that all negotiations with the United States are over and even threatened to shift an all-out offensive military action against the Sunni Gulf nations.
[SPEAKER_01]: But that triggered a public backlash from the assembly of comb seminary teachers who condemned the hardliners for fanning the flames of confrontation.
[SPEAKER_01]: Note that it's not the Mueller's versus the IRGC or the parliamentarians.
[SPEAKER_01]: This is the Mueller's versus the Mueller's.
[SPEAKER_01]: You have the clerics themselves publicly fighting amongst each other, which signifies a regime beginning to cannibalize itself in real time.
[SPEAKER_01]: And while the regime tears itself apart at the top, the Iranian streets are reportedly exploding from the bottom.
[SPEAKER_01]: We're getting reports of coordinated protests spanning multiple
[SPEAKER_01]: provinces and avas and shush retirees to fight extreme summer heat to march against hyperinflation and yazda housing applicants staged angry sit-ins in Chabahar over 400 medical staff reportedly walked out over months of unpaid wages.
[SPEAKER_01]: So you got 10 straight nights of their American air strikes degrading Iran's military capability piece by piece.
[SPEAKER_01]: So you got
[SPEAKER_01]: Iran's last major oil customer China cutting purchases by 40% cutting the regime's primary source of hard currency.
[SPEAKER_01]: You got the regime's own economists admitting inflation is spiraling and purchasing powers collapsed by nearly half.
[SPEAKER_01]: You got a brand new unproven supreme leader in most of a company who can't even keep his own inner circle from publicly fighting over whether to negotiate
[SPEAKER_01]: And he got a population that's already shown in the bloodiest crackdown since 1979 that it's willing to march into gunfire over unpaid wages and a worthless currency.
[SPEAKER_01]: This is not a regime that simply under external pressure anymore.
[SPEAKER_01]: This is a regime that's running out of runway on every single front simultaneously, militarily, economically, politically, and socially all the same time.
[SPEAKER_01]: is exactly what analysts are now describing as a full-blown structural collapse.
[SPEAKER_01]: The regime may be able to survive American bombs, they might be able to survive economic sanctions, they could even survive popular uprising, what they can't survive is all three closing in at once.
[SPEAKER_01]: Iran is collapsing from the inside, and very few in the legacy media, connecting the dots, but that's exactly what we'll be doing together in the days ahead.
[SPEAKER_01]: Come back again tomorrow for another episode celebrating the rise of a new conservative age.