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Sott Radio Network: Sott.net - Real Independent News for Tue, 18 Aug 2026

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5 years after its ignominious departure from Afghanistan, 4 years after baiting Russia into Ukraine, and 3 years after 'partnering' with Israel's '7-front war', the United States finds itself in a quagmire. Brought into focus by its inability to enforce its will against Iran, the empire's usual methods for maintaining the 'exorbitant privilege' of the US dollar on the world stag...

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The lack of any progress towards achieving its goals in Iran, and the pathetic attempts to paper over this fact by claiming that their goals have been achieved, is leaving the US regime badly exposed to the key factor that has sustained its position as the global hegemon: its reputation for always getting its way, be it in military or financial terms. As the weeks became months ...

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Yes, 'only' 5 times, even though it seems like most weeks since April has seen Trump flip from extreme aggression towards Iran back into a 'man of peace'. Last week he again threatened 'massive bombardment' only to revert to his tired claim that Iran and other Gulf countries 'called at the last minute and desperately want a deal'. Besides the fact that, the longer this goes on, ...

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Between the oil, gas, fertilizers, and other feedstocks not making it past a Strait of Hormuz now effectively closed for 5 months, along with the oil, gas, fertilizers and grain not making it out of both Russia and Ukraine's ports and into global markets, is a global economic crash headed our way? Does the West's leadership class understand how close this is? More to the point, ...

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Barely 3 weeks old, the 'Memorandum of Understanding' between the US and Iran appears to have come to an end. The US military is targeting Iranian military and civilian sites daily, while Iran is attacking US bases and other assets across the Middle East. That this is occurring at the same time that Russia's energy exports suffer significantly due to 'Ukrainian' drone waves mean...

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