Prof. Sachs on Iran War: How the world is paying for US delusion #CGTN

Prof. Sachs on Iran War: How the world is paying for US delusion
US President Donald Trump threatened to hit Iran “extremely hard over the next two to three weeks” in his first prime-time speech since starting the war on Iran. In a one-hour conversation with CGTN host Tian Wei, Jeffrey Sachs, the director of Columbia University’s Center for Sustainable Development, warns of a worsening global energy shock, rising oil prices, and the risk of a deeper economic crisis. He questions the credibility of US policy and argues the world may already be shifting toward a new multipolar order. #Iran #US #Israel #jeffreysachs 00:00 – National address met with market skepticism

03:13 – Strait of Hormuz & global economic crisis

07:18 – Iran’s open letter

15:33 – Military reality check

22:40 – Workability of negotiations

25:23 – What does MAGA mean to major economies?

34:53 – A multipolar reality

41:46 – Are we on the verge of world war?

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