
About this episode
As the 8th round of Tomahawk missiles hit the Houthis in ten days, a senior White House official caused guffaws when he proclaimed the attacks aren’t working - but that we should keep on doing them anyway.
That senior official’s name? Joseph P Biden. So if the President himself can’t come to a logical line on what’s going on, what hope is there for his underlings? We’ll have the latest from the Red Sea carcrash.
In Britain, the new Defence Secretary Grant Shapps is ramping up the rhetoric, saying that the country is "moving from a post-war to pre-war world”. It poses an important question: what exact will Britain’s 72 000 soldiers be doing in a global war against, say, Russia’s 800 000? Selling hotdogs?
Is it wise that NATO’s key figures all follow the old maxim: walk loudly and carry a small stick?
Finally, Javier Milei’s running into issues with reality. He inherited 160% inflation - but thanks to months of painful austerity, inflation is now at a more manageable 200%. Like Salvador Allende before him, another radical South American government seems like it’s about to be broken apart on the wheel of hyper-inflation. Is this the teething troubles of a newborn economic tiger, or has the doom loop begun on libertarianism’s last stand?
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