Boom Bust Season 2 Episode 46

Boom Bust Season 2 Episode 46 Gerald Celente: "Sanctions Are an Act of War".

  • TV-PG
  • November 6, 2014

In "Boom Bust" season 2 episode 46, viewers dive deep into the topic of sanctions with special guest Gerald Celente. The episode explores the impact of sanctions, which are often imposed by countries on one another as a form of punishment or pressure, but can have unintended consequences. Celente argues that sanctions are an act of war, as they can disrupt trade and lead to economic instability.

Hosts Christy Ai and Brent Jabbour speak with Celente, the founder of the Trends Research Institute, about his views on sanctions and their impact on global affairs. Throughout the episode, the conversation touches on several topics, including the impact of sanctions on countries such as Iran, Venezuela, and Russia.

Celente provides insight on how nations can react to sanctions and why they cause more harm than good. He explains how sanctions can worsen economic conditions and can incentivize targeted countries to turn to other means of achieving their goals. The episode stresses the importance of understanding the implications of sanctions before imposing them and the potential consequences for economic stability and global relations.

The hosts also address the impact of COVID-19 on international trade and its potential effects on sanctions. The pandemic has significantly disrupted supply chains and trading patterns, and the episode considers whether this might result in countries rethinking their approach to sanctions.

Throughout the episode, the hosts and Celente provide insightful analysis on how sanctions have played out and the various economic and geopolitical impacts they have had. The conversation debates how effective sanctions are and whether they should be used at all. Celente concludes that sanctions are often used as a political tool rather than an economic one and that they often harm innocent civilians more than they hamper their intended target.

Overall, "Boom Bust" season 2 episode 46 provides a comprehensive overview of the topic of sanctions and their implications from different perspectives. The discussion highlights the economic instability brought about by sanctions and presents several perspectives on the role of sanctions as a tool of diplomacy. The episode encourages viewers to think critically about the implications of imposing sanctions, its underlying economic consequences, and potential alternatives to resolve geopolitical tensions.

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Description
  • First Aired
    November 6, 2014
  • Content Rating
    TV-PG
  • Language
    English