23 January 2026

U.S. Economic Warfare Has Strangled Iran and Venezuela

Ted Snider
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The U.S. will “keep on blowing boats up,” White House chief of staff Susie Wiles said, “until Maduro cries uncle. And people way smarter than me on that say that he will.” He didn’t.

The U.S. thought that this June’s devastating bombing of Iran coupled with assassinations would cause political and military officials to defect to the opposition and the people to rise up against their government. It didn’t.

Even in Venezuela, the limits of military action were revealed, as the U.S. managed to capture President Maduro and decapitate the government but didn’t even try to change the regime, presumably because doing so would have unleashed chaos.

Behind the spectacular military action that gets all the attention on TV is the hidden hand of economic warfare that seems to be carrying the largest load of recent campaigns to change the governments of U.S. adversaries.

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