Steve Hanke
@steve_hanke
Professor of Applied Economics @JohnsHopkins | Distinguished Senior Scholar @mises | @Fortune | FX & Commodity Trader | Reagan White House | Views are my own
6.4K Following 850.1K Followers
I spoke w/ @davidlin_TV on why Iran will be hard to beat:
"Iran is using Muhammad Ali's rope-a-dope strategy. They've taken a pounding and when the giant is exhausted, they'll land the knockout blow. Iran can do that with its control over 2 of the world's 8 key chokepoints."
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I spoke w/ @davidlin_TV about China’s control over replacing US munitions:
"The US weapons cupboard is bare. Restocking these weapons requires many critical materials, & 95% of those materials come from China. To replenish US munitions, the US needs permission from Xi Jinping."
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