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The US removed Syria's state-sponsored terrorism classification after President Assad stepped aside for a Gulf-backed leadership transition. Simon Dixon claims this deal allows Western financial institutions to integrate Syrian markets into World Bank and SWIFT rails for reconstruction.
The World Bank estimates over $100 billion in physical assets were destroyed in Syria, with reconstruction costs potentially exceeding $200 billion, more than ten times the country's 2024 GDP.
The host suggests the British Empire, too, was controlled by transnational capital, extracting wealth from Europe, transferring it to the US, and enabling the 1947 post-WWII world order through the UN, IMF, and World Bank.
After World War II, the IMF and World Bank were created to issue dollar loans, making countries debt-dependent and forcing them off the gold standard onto a dollar standard, ultimately defaulted on by the Nixon Shock in 1971.
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