“This is Economic Warfare” - If You Choose Iran, We Will Destroy Economy artwork

“This is Economic Warfare” - If You Choose Iran, We Will Destroy Economy

Valuetainment

September 1, 2026

Treasury Secretary Scott Bessent has launched “Operation Economic Outcast,” a major US economic pressure campaign targeting Iran’s financial lifelines.
Speakers: Patrick Bet-David, Tom, Callan, Brian, Adam

Topics: Business

**SPEAKER_1** (0:01)
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**Patrick Bet-David** (0:26)
It's getting heavier. Like, you know, yesterday, the whole Iran sanctions that it's announced. This is so technical, but this is like if you want to find out how bad have you, has anybody ever suffocated? Like, imagine, let's just say you were once married and you have a house.
And this house later on sells for like, I don't know, five million bucks or something like six million dollars. And that money was yours. You worked your ass off for this, right? And then you have somebody like an ex or a father or a, you know, wife or somebody that's just suffocating all your finances, that you can't do anything. Everything, like when we ran the insurance company, every month we would have some people that would get wages garnished. Why? You didn't pay child support. We will learn everybody who's back on child support payment. That was one of our jobs that we would get, hey, that man's making all this money. He owns me child support back in this distance. And then we would work with these husbands, and most of the time it was husbands. What US just did to Iran, they are suffocating a country in ways it's never been suffocated before. And that operation they're calling is Operation Economic Outcast, nothing to do with the rappers in the past, with a C, not a K, this is with a C. It's very important for you to know this.
So, Rubio said we are moving away from strikes to sanctions. So what does this mean? Let me get to the story. Do we know what page the story is on? There's like a bunch of them on this. So I go one by one by one on these stories. So Rubio tells allies, US shifted away from strikes to sanctions on Iran. And how bad is this thing going to be when Bessent broke it down? Tom, do you want to kind of go through this? Because this thing gets very, very deep, on what direction they're going with. This time I'll come to you first.

**Tom** (2:12)
First of all, they're now just like, you start with sanctions on oil. You can't sell oil and we're going to blockade you, so you can't send your ships to China with the oil. So we start there. Then we said, and we're also going to the other oil products so that you can't send fertilizer to China because fertilizer is a compound that also comes out of oil products. You can't do that. And now they're basically saying, we're going to go off everything. We're going to go cost of living. We're going to go after all of the things that are on there that the people need. Well, my question is, they may be suffocating a country, but do these particular leaders care if the people suffer and is that going to get them to move?

**Patrick Bet-David** (2:54)
Well, I mean, the part that to me that is very interesting is, I think Tom, what they're concerned right, yesterday I had Ted Cruz here, we did a three-hour podcast together. He came down and we're talking about some of these trades, tariffs, how it works, does it work, does it not work.
If you're doing this, and I believe Pakistan and Turkey just signed a trade deal with Iran, and you keep hearing Erdogan, Erdogan, Erdogan, and there's possibility that Israel may do something with Turkey, there's a conflict there that's brewing, that people are watching very closely.
And then you're going to China and saying, hey, if you choose to do business with Iran, you're not doing any business with us. You don't have to do it. It is not a must, but they're almost using Pakistan. And remember where the negotiation was for the memorandum of the government? It was Pakistan. They were leading it. So this is a very weird direction they're going. They're not just telling everybody, I swear to God, if you're an ally with Iran and you help them in any way, I'm not your customer. I'm not your customer. And even deeper levels to possibly not even doing business with the US dollar, which is kind of a little bit of a risk Bessent's taking. There's nobody that knows this business better than Bessent. People forget who Bessent used to work for. He worked for Soros. Guess what? He worked for Soros, you know, for 15 years. He worked for the devil.

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