Going Underground Hosted by Afshin Rattansi

Donald Trump KNOWS Iran Has WON the War and is Risking a GLOBAL DEPRESSION—Doug Bandow

July 21, 2026·26 min
Episode Description from the Publisher

On this episode of Going Underground, we speak to Doug Bandow. Former Special Assistant to Ronald Reagan and Senior Fellow at the Cato Institute. He discusses the risk of a global Great Depression following the resumption of the war on Iran and the looming prospect of a catastrophic energy shock in the US, why Donald Trump knows he must end the war on Iran quickly, whether the echo chamber of neocons around Trump can tell Trump he made a mistake by starting the war, the Gulf States’ view of the war on Iran and their defence against Iranian capabilities, whether Iran could already have a nuclear weapon, Trump’s potential pivot to Ukraine as the NATO-Russia proxy war continues to escalate, and much more. Chapters (00:00:00) - Going Underground: Trump's Threats to Iran, and More(00:01:11) - Do Trump Realize He Lost the Iran War?(00:08:24) - Trump on Iran's Military Tactic(00:13:10) - Iran Has a Nuclear Weapon(00:15:04) - Sen. Ron Johnson: Congress should veto spending for war in Iran(00:17:02) - Putin Has Been Waiting for an America-Russia Deal(00:22:03) - Trump's Approach to China(00:24:22) - Going Underground

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