This podcast interviews Eddie Fishman, author of "Chokepoints: American Power in the Age of Economic Warfare," about the increasing use of economic warfare by the US and other countries. The discussion traces the evolution of economic warfare from the Bush administration's sanctions against Iran to the current situation with Russia and China, highlighting the role of sanctions, tariffs, and export controls. Fishman argues that the current geopolitical climate necessitates a reevaluation of the global economic system, which was designed for a less competitive era. He also discusses the limitations and potential risks of using economic tools unilaterally, emphasizing the need for diplomatic strategies alongside economic pressure. A key takeaway is the discussion of chokepoints—areas of the global economy where one country dominates—and how these points can be used as leverage, but also how they can be circumvented.
