In this episode, Frans and Joe discuss the recent trip to Iran and the lessons they have learned from it. They discuss their initial reaction to the news of Iran's decision to attack Iran's nuclear sites, and how they came to form their opinions on the matter. They also discuss how they arrived at their views on the situation in Venezuela, and the potential for a civil war there.
00:11:09.120Now, I say I'd love to know what the strategy is.
00:11:12.480unfortunately one of the things that became apparent to us pretty quickly and I mean from
00:11:19.020talking to people within the administration journalists who are in the know other people who
00:11:24.820you know I don't want to get into the details of who they are and what they do but nonetheless
00:11:28.520these are people who have insider information not saying they're right I'm just saying this is
00:11:34.580what we have heard and you take it or leave it as you want there is no plan and there was no strategy
00:11:40.940and what they all say pretty much in the same terms is they thought after Venezuela
00:11:47.240that they're basically like unstoppable and they can just oh we did this we did this we did this
00:11:53.760we did this and there is no plan there is no strategy for how you get there and as we sit
00:12:00.380here today recording this I think the facts on the ground bear that out you see that the US
00:12:10.020military has been extraordinarily successful in destroying Iranian military assets, sinking the
00:12:16.260Navy, taking out the leaders and whatever. But Iran retains the main thing, which is control of
00:12:23.460the Strait of Hamas. And we'll talk about why that's so significant in a moment. And there is,
00:12:31.500from what we understand in the conversations that we have, particularly the discussion we've had
00:12:35.280with Robert Pape, which I hope more people go and watch, there is no military option
00:12:41.400that allowed you to reopen it short of putting Marines and the airborne, which are already
00:12:47.040moving to the Gulf, on the ground on Kargah Island and the coastline of the Gulf.
00:12:53.160But that will lead to more escalation.
00:12:56.140And it's very, very clear that that is what's already happening.
00:12:59.140Every time Israel strikes an Iranian asset that they're not supposed to, let's say,
00:13:03.380might lead to escalation, the Iranians immediately respond by bombing the equivalent thing in the
00:13:08.980Gulf, Arab countries. So the first thing to say is, for all our desire for there to be a plan,
00:13:17.020all the signs are there was no plan. And that's the concern, because people compare it to Venezuela
00:13:24.300and go, look, well, this happened in Venezuela. Number one, Venezuela wasn't regime change.
00:13:30.000Delcey Rodriguez, who is now president or de facto president of Venezuela, was part of the regime.
00:13:35.840She was a very senior part of the regime.
00:13:38.300What they did, and their plan was very clear and very simple.
00:13:41.840They're going to effectively arrest Chavez on foreign soil and his wife and take them back to the United States.
00:13:49.120They had already had in mind a successor, who was Delcey Rodriguez, who I think it's fair to say knew about it.
00:13:56.700I would be highly skeptical that she just woke up one day and went, what, me, presidente? What a surprise.
00:14:03.240No, that had been planned in advance, and it was almost seamless and smooth the way that she was just put into power.
00:14:11.220But if you look at the rest of Venezuela, everybody else is still in place.
00:14:17.600Everything, the colectivos, which is essentially the armed thugs who keep the Venezuelan people, they're still there.
00:14:24.200The military, they're still there. In fact, Trump said that the reason he didn't want Machado in power, Karina Machado, who is widely recognized in Venezuela to be the rightful leader, is because the military didn't respect her.
00:14:38.080Which is what Trump's works. The military didn't want her. So he didn't want to destabilize the country.
00:14:43.520And also what you have in Venezuela is it's a pretty homogenous Christian country,
00:14:49.600conservative Christian country, where the majority of the people there are sick of the regime.
00:20:48.660And you look at that and you think to yourself, well, the Americans, Trump was obviously very
00:20:54.520angry and very upset about this, and quite rightly so, because it couldn't be interpreted
00:20:59.200as anything other than an escalatory move, an escalatory tactic.
00:21:04.240Now, look, there is some debate about this because there are people who say, well, actually, Trump is pretending to pursue negotiations while actually secretly allowing Israel to bomb because it puts Iran in a pickle.
00:21:16.820We'll talk about Israel in a second, but let's just come back to the conversations that we had.
00:21:25.460And look, I didn't find Mehdi's arguments particularly persuasive either, but it's important to have people from his perspective on the show, and I'm very glad he came on.
00:21:33.120But then we had Robert Papon. And that's where I think both of us felt that this was the first time we were presented with arguments where we couldn't really find a gap or a hole in them.
00:21:48.680There are some concerns about what you're saying, but it's probably worth restating for people who didn't watch that interview.
00:21:54.080I mean, he's a guy who's been studying air campaigns for over 30 years.
00:25:42.120Well, the two problems with this, in terms of China, China is still getting the oil.
00:25:47.340And in terms of Russia, OK, Russia is not getting Iranian drones,
00:25:51.700but they're making them themselves and haven't for a long time using Iranian designs.
00:25:55.780And also because of the pressure on the oil price,
00:25:59.480Russia, the United States has lifted sanctions on Russia
00:26:03.840And Russia is now selling its oil in a way that it couldn't before.
00:26:08.060So this is actually helping Russia, and it's not hurting China.
00:26:12.760Who it's really, really, really hurting is Europe, less so America, but Europe in particular.
00:26:19.580And that's another concern, because when you look at, for instance, the war in Ukraine,
00:26:24.960more money is now flowing into Russia, which means Russia will be able to buy better armaments.
00:26:30.440It will be able to ramp up its efforts on the war on Ukraine.
00:26:34.180It will also mean as well that Europe is now torn because, I mean, look, the alliances between the U.S. and Europe, they've always been turbulent at times, calmer at others.
00:26:48.360But for looking back over my lifetime, I think this alliance between the U.S. and Europe has been its most fraught in my lifetime, certainly.
00:26:58.720So you're looking at the way that European leaders are behaving, you're looking at the way Trump is behaving, and you're thinking to yourself, I mean, the fractures are looking ever wider.
00:27:10.620And you're really worrying, could these fractures become permanent?
00:27:15.240And that would mean a massive, massive problem, particularly when it comes to a China, which is becoming ever stronger, ever richer, and we are becoming weaker because our alliances are becoming more and more frayed.
00:27:28.720which is a very real concern, because take Britain, for example.
00:27:33.000I mean, if we got invaded by Liechtenstein now with our armed forces,
00:27:37.080I'm not sure how good a fight we'd be able to give.
00:28:49.380So if European countries expect America to defend Europe's border,
00:28:53.320you can see why that would come with some cross obligations the other way right so this fracturing
00:29:01.160is bad for everyone in my opinion and it doesn't and that's true irrespective of where you place
00:29:08.540the blame personally i thought for example what both trump and marco rubio said earlier in the
00:29:13.900year at davos and at munich was actually broadly speaking true which is european countries have
00:29:19.080been taking the piss as we say in the uk they've been taking advantage of america they've not
00:29:24.260funded their own defense properly they've destroyed their own economies on purely luxury beliefs
00:29:29.400like net zero uh which means they actually can't defend themselves anymore um and i think that's
00:29:35.760all very true but i also think this conflict plus the the hostile rhetoric from the u.s
00:29:41.900has pushed europe away and it's just a fraught situation for the entire western world as a
00:29:47.660result it is a fraught situation for the western world there is one positive that i would like to
00:29:53.180actually i know it's not on brand but there is one positive which is i do think and i hope this could
00:29:59.220be the death of net zero because you can have luxury beliefs for instance we're recording this
00:30:05.120in west hollywood it's a beautiful place you walk around why can't trans women be women it's wonderful
00:30:10.900who cares i've got a i've got a 12 coffee in my hand the sun's shining the sun is going to shine
00:30:16.460tomorrow but if you literally can't afford to heat your house and that might very well be the income
00:30:22.360for a large portion of people in the uk if energy becomes so expensive the businesses will eventually
00:30:31.640go out of business or struggle to function or and struggle to do the basics eventually the bubble
00:30:38.860might pop on net zero and we think to ourselves well look what's happening around the world look
00:30:44.060course happening with the Strait of Hormuz. The reality is we have the potential to frack gas
00:30:49.460in our country. We can move to become more energy independent. And as a result of that,
00:30:56.300we are going to be more insulated from shockwaves like the war in Iran. So there is the potential,
00:31:02.940if we're looking at this through a positive light, which I'm always trying to do, of actually,
00:31:08.700this might be an instance where the uk will wake up it may not be the case but there is that
00:31:15.080there is hopefully that potential i hope that happens i also see a lot of the pro net zero
00:31:19.860lunatics now saying uh the war in in iran shows that we must make ourselves independent of fossil
00:31:25.760fuels i mean you physically can't do it but lunatics don't care about things like that
00:31:30.560look let's talk about the economic side of it because um it's something that i think the
00:31:36.680overwhelming majority of people haven't appreciated. The reality is, I mean, Neil Ferguson,
00:31:43.760frequent guest of the show, who I think I'm being fair to Neil in saying he was broadly
00:31:48.680favorable about this conflict at the beginning. He has now written an article in the free press
00:31:54.080in which he basically breaks down why a global recession is pretty much inevitable at this point.
00:31:59.780And his argument is almost every recession in history is caused by the primary form of energy
00:32:05.820dominant at that time, spiking in price. So when coal was the dominant form of energy that we used,
00:32:14.240a coal price spike, mainly due to coal miner strikes, led to recessions. Most of the recessions
00:32:21.780were caused by that. Likewise, in our times, when oil has been the primary energy that we use,
00:32:28.480oil price spikes have caused recessions. And his argument is, we are now already at the point
00:32:35.060where that's going to happen now let's talk about why iran doesn't produce 20 of the world's oil but
00:32:41.060if you again people should go back and watch the robert paper interview the strait of hermoz is
00:32:47.300the the place through which 20 of the world's oil is transported to the rest of the world from
00:32:52.260various gulf countries that's also true of i think 25 of the world's liquid liquefied natural gas
00:32:59.140half of the world's traded fertilizer i was talking to a friend of mine who's a farmer
00:33:03.780in australia he was saying they can't get enough fertilizer just to cover the planting they need
00:33:10.220to do now and i and we're not talking about the price has gone up we're not talking about
00:33:16.860this temporary delivery issues they literally the country of australia cannot get enough fertilizer
00:33:24.340to plant the crops that they want to plant they're also having diesel shortages he was saying and
00:33:31.040And this guy, the very reasonable guy, he's not some kind of prepper, he was saying, I'm getting more guns because at some point I worry I'm going to have to protect my diesel stocks because people will try and steal some of them.
00:33:41.800Because that's the situation we're headed to.
00:33:43.680And, you know, a good friend of the show, John Anderson, who's former deputy prime minister of Australia, I mean, he is livid about net zero, which has basically created these problems that they now have.
00:33:54.160Even though Australia has an immense amount of its own energy resources, they just refuse to use them.
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00:36:47.660well i was reading an article in the times of london that said without fertilizer
00:36:52.860one in two people would effectively starve to death in this planet i mean without the
00:36:59.500fertilizer from the gulf oh no just fertilizer we're just talking about how important fertilizer
00:37:04.400is so just to say right we produce half the food yeah and how important that is and it's it's
00:37:11.080essential without it we wouldn't be able to sustain the population that we currently have
00:37:15.560I was also, in the same article, reading about a very senior person when it came to helium and dealing helium, a helium trader.
00:37:24.460And he compared the current economic situation to being on the beach.
00:37:29.460He said, the sun is shining, not a cloud in the sky, but there's a tsunami coming.
00:37:35.920But you can't see it, but it's coming.
00:37:39.680But when it does arrive, boy, will we feel it.
00:37:42.720And if you look at, for instance, Iran bombing the gas fields of Ras Lofan in Qatar, that is responsible for around 15% of the world's gas production, liquid gas production.
00:37:57.000And you think to yourself, what effect is that going to have on gas prices?
00:38:03.020That is going to have a major significant effect.
00:38:06.540And then they were also interviewing in this article the people who were working there who were saying it's going to take about three to five years for it to be up and running.
00:38:17.280And he went, that is the best case scenario, three to five years, because we can't repair anything until the war stops.
00:38:25.100A ceasefire is agreed because there is literally no point in us repairing something if tomorrow it can get bombed again.
00:38:31.940And Robert Pape's argument is if the United States escalates, what will happen is Iran will naturally then be forced to do more of that, which actually it doesn't want to do at this point.
00:38:43.800They will be forced to destroy more oil facilities in the Gulf Arab countries, more gas facilities in all Arab countries.
00:38:50.740And this is where I think it's important that we address the conversation that you raised earlier,
00:38:57.660which is the difference between the objectives of the United States
00:39:00.680and the objectives of the allies of the United States in the region,
00:39:04.320not just Israel, but also the Gulf countries.
00:39:06.520Saudi Arabia, the UAE, Israel, they're all behind continuing this bombing.
00:39:12.460And the reason is that their objectives, quite understandably, are different to the United States.
00:39:18.020But Saudi Arabia, the UAE and Israel would be very happy for Iran to be pummeled into the ground, even if it doesn't address the nuclear issue, because Iran is a regional threat to their interests.
00:39:34.100Iran is an enemy of both Saudi Arabia and of Israel in the region.
00:39:39.680And so using the help of the United States to bomb the shit out of all of their military facilities,
00:39:46.460destroy their military industrial complex, whittle down their rocket program, their ballistic program,
00:39:51.740get rid of their drone manufacturing, weaken them economically.
00:39:55.080That's all wonderful from a Saudi, UAE, less so Qatari, but definitely Israeli perspective.
00:40:02.020and this is where i've got some very bad news for our pro-israel friends of whom we have many
00:40:08.720not anymore we've talked to many many people in the united states on camera and off and i have to
00:40:16.460report honestly there are many many people now in america who are not anti-israel and they're
00:40:22.740definitely not anti-semitic who feel that israel's interests are not the same as those of the united
00:40:30.340States and who I don't even necessarily agree with their analysis because I don't think Israel
00:40:36.600tricked America or manipulated Trump. I mean, it's ridiculous, right? Tiny country manipulating
00:40:42.040America. I don't think that's true. But what I think is becoming very clear to me is if this
00:40:46.860conflict is successful, President Trump will get all the credit. If this conflict fails, yes, there
00:40:52.880will be repercussions domestically. The Republicans will probably lose the Senate and the House and
00:40:57.020probably the presidency if this causes a global recession. But I think ultimately what this will
00:41:03.980cause is a permanent realignment of many, many, many people's view of Israel. And they will see
00:41:11.580that this conflict, which caused so many problems down the line, was done primarily for the benefit
00:41:18.720of Israel. And they won't think about Saudi and the UAE. And they won't think about the fact that
00:41:23.420the president of the united states is ultimately responsible this will change people opinions
00:41:27.340people's opinions permanently and we already see that from otherwise very reasonable and moderate
00:41:33.320people and you it is understandable why they would why they would think that because if you think
00:41:39.520from israel's point of view let's look at october the 7th it happens in 2023 it was a devastating
00:41:46.980horrific terrorist attack that i don't think enough people in the west actually understand
00:41:52.200how awful it was and also the deep levels of trauma that were inflicted upon Israel and the
00:41:59.080Israeli psyche and they then went to war which is a war that we both understood and about why it
00:42:06.300happened and why they carried it out in the way they did in Gaza and also with Hezbollah as well
00:42:12.300and what I think the Israelis are thinking at this moment is this is a once in a generation
00:42:19.200opportunity to get rid of the government that funded not only Hezbollah, but Hamas and October
00:42:28.840the 7th. And so for them, it makes sense to do their very best right now while striking whilst
00:42:37.280the iron is hot, going after the Ayatollah and the regime and nullifying it. And also as well,
00:42:43.680it makes sense from a uae from a saudi perspective because iran is basically like a neighbor that is
00:42:51.100mental and every day you wake up and you think to yourself what's he gone and done now what has he
00:42:57.080set fire to the fence has he attacked someone has he eventually you go i can't live like this anymore
00:43:02.780let's call the police exactly and let's get this dealt with but the reality is that is not as much
00:43:11.780in America's interest, nor in the American people's interest. And there's going to be a lot
00:43:16.920of people who are saying to themselves, look, 12-day war, fine. Nuclear weapons, that has the
00:43:23.060potential to destabilize a region. That has the potential to give the Iranian government far more
00:43:29.660power than I'm comfortable with. Totally get it. But when we're talking about boots on the ground,
00:43:35.100maybe, we don't know, that automatically changes everything. And then there's going to be a lot of
00:43:40.600people thinking to themselves, is this going to be Iraq 2.0 or potentially even worse?
00:43:47.920Well, Iraq didn't have the leverage that Iran has. Iraq didn't have the Strait of Hormuz.
00:43:55.280So that's a critical difference. And so if you put boots on the ground,
00:44:01.560it's hard to imagine it being less bad than Iraq at the very least. But even short of putting boots
00:44:09.220on the ground i mean trump is clearly trying to end this and get an off-ramp which is what
00:44:13.780robert pape said he should do which is what mike baker said he would do on our show which is what
00:44:18.660ted cruz said i mean ted cruz said and you know i wonder how um how prudent it was of him to say
00:44:29.060this given where this might be headed he said well if this conflict is still going on by by
00:44:33.620november when the midterms happen we failed i think we will say his exact something's gone
00:44:37.540terribly wrong i hope it doesn't go to that but either way whether if it's a global recession
00:44:43.620or whether if it escalates further that is not going to be a good outcome and israel will get a
00:44:48.660lot of the blame and i can see from a bb's perspective you know he's been dreaming about
00:44:53.860destroying the regime for 40 years i don't blame him if i was the prime minister of israel i would
00:44:59.140want to deal with the people who did october 7th in the most with extreme prejudice let's say to
00:45:29.780that is a concern you actually ought to be thinking about.
00:45:32.740and when you again this isn't data this is anecdotal evidence but we talked to one of the
00:45:39.480great things about doing this show one of the things i love the most about it is the connections
00:45:43.200that we make with people not just people on the right but people on the left people on the center
00:45:47.800libertarians young old male female black white whatever and i i really treasure the conversations
00:45:55.560that i have i'm very offended you didn't mention trans the three trans people who watch our show
00:46:00.740But when I talk to people about it, there is a generational divide that is ever widening between the way that young people, so I'm talking about people 35 and under, view Israel and how people 35 and older view Israel.
00:46:17.000People on the right who are 35 and under are highly skeptical of Israel, to put it mildly, and its policies.
00:46:23.720And my concern is the more this carries on, the more ill will is directed to Israel.
00:46:31.460Inevitably, the more ill will will be directed to Jewish people and the more Jewish people and the West will be at risk from Islamic terrorism.
00:54:36.900But these labels are now being so badly misapplied, I really worry that it's actually creating more antisemitism.
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00:56:24.660agreed and like i said before it will create a backlash and it will create a backlash against
00:56:30.740israel and against jewish people because unfortunately there are people in society
00:56:36.420and online who equate israel with jewish people and vice versa and once they do that then we get
00:56:43.660into quite a worrying position because they see an attack on jewish people as an attack on israel
00:56:50.740Yes. And as a way to punish Israel for what they're doing, even though Jewish people, I don't know, who live in Michigan, who are simply going to a synagogue, many of whom I suspect have very little, if no connection at all, with Israel itself.
00:57:04.780And what that creates is every Jewish person becomes a target. And we really, really need to be careful in order to dial down this rhetoric.
00:57:15.040And that comes from one side, but it also comes from the pro-Israeli side.
00:57:19.400And if people come to you with a concern or a worry or a criticism of Israel,
00:57:25.260what you need of Israel's policy, you need to think to yourself,
00:57:29.100right, how can I engage with it in good faith?
00:57:32.480But number two, is it a valid criticism?
00:57:35.880And also, if it's not a valid criticism, how do you engage with it in a productive way?
00:57:41.520For example, people say Israel tricked Trump into this war.
00:57:46.460I'd like them to explain the mechanism by which they think that happened.
00:57:49.880And I haven't heard it. There's always a bit missing, right?
00:57:53.280So when we interviewed Mehdi Hassan, for example, he said, well, you know, the Israel lobby is so powerful.
00:57:58.200You can see the Democrat politicians, they are pro-Israel on the whole and Democrat voters are anti-Israel on the whole.
01:05:11.200if you've got a Zach Polanski premiership.
01:05:13.800I just, I don't, I think every, I think at that point, even people like us who are desperate to stay and want to make Britain better, we would have to look at that and say, there is no future for us here.
01:05:25.760And that's a very real concern because it's not just, and there'll be people, you know, making jokes in the comments, fair enough. But it's not as if we'll be an isolated case. There will be huge swathes of entrepreneurs, people who create jobs, who create wealth, who create opportunities for others.
01:05:43.800who will look at the economic situation in the UK