856 - Bear Market feat. Jeff Stein (8/5/24)
The Washington Post’s Jeff Stein stops by to discuss his extensive new piece investigating the ever-ballooning U.S. international sanctions regime. Despite Biden recently bragging he’s leaving office with the U.S. not involved in any foreign conflicts, the U.S. now has sanctions in place in over a third of all nations around the world, including more than 60% of “developing” nations. Jeff walks us through this increasingly central policy of worldwide economic coercion, how it shapes American imperial aims, and some intended & unintended consequences of the exponential expansion of sanctions in the 21st century. Then, we take a quick look at the state of the Veepstakes, Josh Shapiro’s whole deal, and of course, RFK Jr. and the road-kill bear.
Check out Jeff’s sanctions investigation here: https://www.washingtonpost.com/business/interactive/2024/us-sanction-countries-work/
Comments (187)
Will so close when he brought up Walz lol
I feel bad about ragging on the Chapo guys about this shitty guest… I guess I just don’t understand the near total blackout on popular left media (Chapo / Trueanon) of journos from Grayzone. Sanctions would have been much better explored by a guest who opposes them for the right reasons and is equally or greater informed.
I think it's important to get different perspectives and stay in touch with more mainstream reporters. They are trying to convert persuadable libs
Messmer was a historically progressive force, his crusade was responsible for the centralization of power in much of the Shadow Realm
I'm not a WaPo reader but Breaking Points has Jeff on a lot to talk about his recent work & it's always enlightening. Big fan.
Great episode! Jeff is an awesome guest
I had to stop listening because I couldn’t stand the guest saying “like” as every second word
Hope he sees this bro
Captagon Trap House
Will would like his humble pie served à la mode after that ironclad Shapiro prediction.
Yall are wrong, the Adin Ross interview is not a Don Jr pick, I think Trump is finally starting to lend an ear to the ole Baron!!!! We're about to see many freakish media moves thanks to that
It was 100% Barron. I think Trump even said so in the interview. I don't think Trump would ever listen to Jr.
Eat your shorts
Tim Walz is a full on Israel lapdog: https://x.com/zei_squirrel/status/1820932288579809630?t=q8RkQKl49fBm3lPp2FY0-A&s=19
The comment "Elder Ring" and "Land of Shadow is a realm of resistance" solidifies this episode as a certified Bad Guest Episode. Also I'm sorry but the "decline of US in hot wars" isn't a "important trend that deserves some recognition" but just an outright lie when we maintain troops in Iraq and bomb Yemen. We just don't call those wars anymore after the Rumsfield-ification of the military.
I also had no clue what he was talking about with that hot wars comment.
I was disappointed in the last news item because I was convinced by the photo this was another entry in “Jair Bolsonaro gets owned by an animal”
The boys failed to mention the line where Trump looked at the wrap on the wankpanzer and mentioned that Google was changing the faces of the secret service agents to be smiling somehow. His brain's well and truly cooked and I'm hoping it makes for some fun moments if he debates Harris.
Moldering corpse of a rotting carcass is my favorite Undeath track
Hell yeah undeath
Omg !! They gonna be shocked when its gonna be Tim Walz
A better Elden ring comparison would be the dung eater storyline, if everyone is sanctioned, no one is sanctioned
Trump showing his age when he called that cyber truck an “Elon” like how your grandma calls your PlayStation 5 a “Nintendo”
I think it's mostly because making fun of Trump is seen as low hanging fruit or well-trodden ground or whatever so they leaned hard into making fun of Dems instead. Which is mildly annoying but it also makes the trump mocking episodes funnier to me since they don't do it all the time
honestly if anything it's nice that the dems are finally taking seriously their One singular self-appointed job of Winning Elections. just finally looking themselves in the mirror and hyping themselves up to deliver Bare Minimum
Jeff Stein did a podcast semi-recently called American Carnage about the GOAT white-boy John Brown that I found exceptional… really hit the Matt Christman style of history with moral-clarity niche we’ve been missing
It was apparently Baron Trump who picked Adin Ross for Trump’s interview and now Tim Walz is Kamala’s VP pick, I genuinely love when a Chapo episode’s predictions are proven wrong within a couple hours of the episode being released because it makes it so much funnier
DiD yOu KnOw aDiN RoSs iS jEWiSH? :-O
I have a broker stfu, also my DMs are open 🫵🏽😳
Progwessive
That was a good one. Still think the stanky swank house is the best.
Matt Stoller is usually really good on anti-trust stuff!, but his veep takes are total shit. 2 hrs ago Matt Stoller tweeted that Shapiro would have been tougher than any other choice on Israel. Like srsly?lolllll It's weird to be an anti-trust expert and not see thru Shapiro's more corporate aligned views....even the best of us make mistakes, I guess?
Will’s unconscious desire to have shapiro as vp in the ep is so embarrassing I reckon it’ll be the last we hear of it.
Come on. Being wrong about something that was likely to happen is not embarrassing. Shapiro had a 25% chance of being selected because he was one of four serious contenders. And having just watched our entire Congress bend over and present their asses to Netanyahu like a flange of baboons, anticipating Shapiro as VP was perfectly reasonable.
You can definitely get trichinosis from undercooked bear 🐻🪱
Every Little Thing That She Does Is Magic - The Police Officers
Can we bully this guy
Yes
“The Gang Runs Over a Bear”
Ahh, the pitter patter of JFK JR crackle-speak. Why can't MORE politicians sound like they're talking underwater? =(
I enjoy watching videos from the other Kennedy grandchild Jack Schlossberg (as long as he’s not promoting anything political like being a DNC delegate etc). It’s hard to say if he’s doing alt comedy or if it’s just another brain worm.
I heard the Behind the Bastards podcasts about RFK jr. , so the bear roadkill story didn't surprise me
i love the market update jeff :D
I thought it was pretty obvious that it wasn't gonna be Josh Shapiro
Who’s the main talking guy, I I think Will? Anyone notice his mic volume has been fluctuating up and down each episode for the past several months??? Literally makes me nauseous it’s wild it hasn’t been fixed yet
Get help for your autism
Just to add this, BEN Shapiro said he wouldn’t eat Ben and Jerry’s after sales were stopped in Israel, not Josh.
True, but Josh called on (then governor) Wolf to enforce anti-BDS laws against the ice cream company https://delawarevalleyjournal.com/garrity-shapiro-back-anti-bds-action-against-ben-jerrys/
I don’t get why so many people are complaining about the guest, he seems fine to me, but I did skip the first 47 minutes
This guest sucks
gotta give us a warning when you're gonna play rfk's voice, it's too scary 😨
Russian here. When I heard Felix talk about Vympel. That is also the name of one of our special forces groups & I thought they were saying they had sanctioned our version of Delta Force lol
Holy shit she picked Walz, I can't believe it. Just like the chapos, I was 100% convinced that it would be Shapiro based on the fact that he would be the worst possible choice. Along with the death of Joe Biden, could this be the beginning of a new era in democratic party politics, one in which they don't automatically choose the worst option every time and then get mad when we don't like it?
And he’s the real fucked up part: the person leading this era of unshitty decisionmaking is by all accounts Nancy Pelosi
I didn’t know about the dead body. No wonder Scarborough likes Shapiro so much. (Note: SATIRE. )
(Note: No it’s not)
RFK went on Matt and Shane and told a story about being in rehab and pissing hot and he kept saying he wasn’t drinking but never elaborated on how he kept pissing hot and I think he wanted people to just assume it was some kind of miracle and not the fact that he was tooted in rehab and he’s just an insane person.
Love that guy.
Buddies I think the trap house made the market rebound today
Felix has to talk about how shocked he was to learn Adin Ross is Jewish literally every time anyone mentions his name
It's so cool how often people insist they weren't drunk in scenarios where it would actually have really helped their case if they admitted to being completely shithouse
"Authoritarian regime" is code for "nation with state-owned natural resources"
Guest showed his ass on that one lol
sanction talk gets me hot
I thought it would be Shapiro for the same reason as Will, but i guess the democrats have crossed a Rubicon
Many rubicons are being crossed this year with many more rubicons to come
Podcasting malpractice to not include “The Trading Gap Shuffle” from The Simpsons.
That's the deficit - they really made a mess of it
Will Menaker is reported today to be astonished, gobsmacked, even.
My girlfriend's mom is a Kennedy supporter. When my girlfriend shared this story about the bear, her mom said "I'm not saying this didn't happen, but there are like 10 weird things in this article and I'm not sure this happened."
Has anyone asked Matt Stoller or any of these pundits who talk about “populism” endlessly to define the term?
Our own Matt Christman observed that Stoller’s definition of “progressive” was similar to Black Israelite creation myth. https://threadreaderapp.com/thread/1182353472995385344.html
How have the main Kennedys not killed RFK yet lmao
The brain worm failed
A Will L but who amongst was thinking the dems would let the arguable best pick in? We all bare the L
I don't get why is it a L? Bad prediction perhaps but other than that.
The funniest part is that the sanctions work less the more you use them. The US probably pushed itself over the tipping point when they tried to “ruin” the Russian economy with sanctions. Between Russia, China, Iran, India, and other countries looking for an alternative monetary system, there may now be the critical mass necessary to make that parallel system
Inshallah
“We’re talking about hundreds of thousands of migrants from Venezuela fleeing an economic catastrophe.” Text book blowback.
I’m really excited for the turn of events that has led to will saying “pwogwessive movement”
I'm not usually a guest hater, but this guy sucks. He was so obviously uncomfortable with Will and Felix bashing Shapiro, not to mention his comments on Venezuela. This guy seems more suitable for the Pod Jons.
He is from the Post.
The Ayatollah said let her rip if Israel gets out of pocket. A middle eastern regional war is going to curbstomp the US’s extended supply lines via energy prices skyrocketing. So naturally the most energy intensive and least critical sectors are going to suffer. AI and bitcoin going under is a symptom not the cause.
I can't believe the one host who can make predictions is currently having to re-learn the use of language
Will desperately picking through Matt's feces like a pre-Roman shaman trying to read the auguries for Kamala's Secretary of Transportation pick.
I had the same thought as Will. Reactionary Iranian ex-pats can’t enjoy their generational wealth? Oh no?
CIA guest on CIA podcast 👌
Not quite
Regarding sanctions, I really learned a lot from this 2020 episode of ALAB. Things have not gotten better! https://soundcloud.com/alabpodcast/episode-7-the-modern-day-siege
goated episode. Also incredibly funny when they talked about BDS and said "remember that whole episode about sanctions being bad? forget all that, sanctions are good again"
sadly common will menaker L today. Shapiro is cucked
Is will gobsmacked?
The rfk bear story is hilarious, he was doing a great bit, and playing with roadkill and then pranking an entire city with a rotting bear carcass is extreme dudes rock behavior. He sucks for his zionism, but this bear shit is undeniably based
also, smelly minivan full of garbage: dudes rock shit
Adin Ross was Barron’s idea.
Jeff Stein did a great podcast series about John Brown called American Carnage that's really worth listening to
On-mic burp is like the boom mic entering frame of podcasting
Will playing 4D Yahtzee to make Walz happen
Felix begins speaking at 9 minutes and 15 seconds in
Remember the last time Finkelstein was on and Felix and Matt said nothing and Norman called them out at the end? I do
The talk of gifting someone a Cybertruck with the moment they almost died emblazoned on the side had me imagining someone giving Bolsonaro a car with one of those pictures of him looking like a desiccated ET in the hospital on it
Crying at the RFK stuff. This guy's life is just series of insane and idiotic mishaps
That's always been the Kennedy hallmark.
Just reported by Iran's PressTV that Will Menaker has resigned (in disgrace) from the Chapo Trap House podcast for not believing in Tim Walz. Tough luck for Will, but there wasn't another option. Ohioan Bryan Quinby will perform the MC role for the podcast until a permanent replacement for Menaker is found, according to sources.
Bryan wouldn't make a flub like that
jeff stein is the fucking man
He called Maduro an authoritarian leader and implied he’s not a rational actor. Idk I think he’s just a Washington left-lib
Get dumbfounded Will I’m fucking Walz pilled
I'm always astounded there are still so many people willing & ready to be duped by liberal Democrats over and over. I hope that you're young or you really wouldn't have an excuse.
I wonder how astonished Will is today
This is like the Tom myers ep
Damn Will that doomer pick for VP aged terribly lol. Not that Walz is gonna un-doom anything but still, go to Take Prison
Lets goooooooooo! Tim Babyyyyyy
As a guy named Tim, I finally feel represented.
Mf said elder ring
I was proud of Felix for not correcting him and trying to move on and then Will’s like: “Elder Ring lol”
Captagon was once a legitimate pharmaceutical, first made by what was then (in the 60s) Degussa pharma gruppe. It contained fenethylline, a prodrug of amphetamine and theophylline (a xanthine similar to caffeine). But Illicit captagon typically doesn’t have actual fenethylline, just contains amphetamine and sometimes caffeine, though they seem to still often use counterfeit pill punches modeled after the legitimate pharmaceutical imprints. Ya Ba in SE Asia is a similar situation, except obviously yaba contains methamphetamine instead of amphetamine and was never a licit Rx product
We need to cut Jeff open to get at the sweet, sweet predictions at his center. Knives out, Chapo! 🔪
If your reporting comes up with opiate and not stimulant, What else have you got wrong?.
I mean it’s a WaPo journo lol as long as they hit the correct notes of salacious, scary, and obscure the horrific lunacy of the drug war, who cares about minor pharmacological details like what class of drug it actually is
It’s Walz
Gotta be a less weasly sanctions guy to bring on.
Cheers to Chapo for having someone on to discuss the financial system Jeers to Chapo for not asking him if he's bullish on BBBY
The extra b is for byobb
Chapo nailed it again with the vp pick
It's wild how wrong they are sometimes. I get that this show's popularity is contingent on things staying bad but sometimes it feels like they're wishcasting disaster.
Walz on record calling for cease-fire in Gaza. I'm not slamming the "LFG" button, as many are, but it's a start.
Imagine being so lib brained that you’d smash the LFG button. I imagine those people are going to be crazy disappointed when the official position is temporary ceasefire for humanitarian aid 😂
ChapoCucks BTFO by Kamalpha Harris and TooHard Tim Walz
Be astonished that it’s not Shapiro.
Looks like the mossad succeeded in their plan to trick Will.
Succinct and erudite.
RFK gotta figure his shit out with the animal kingdom. He’s like half Ace Ventura, half Kristi Noem
RFK gotta figure his shit out with the animal kingdom
You can say that again
When he reads the sanctions list I thought of Yakko Warner singing the nations of the world
This made me mad enough to stop listening because every day the right wing scumbags shriek about immigrants and its OBVIOUS they come here to escape our bombing and sanctions campaigns but of course they would never even comprehend that so instead the only solution they have is race war. I'm glad I never made wall-punching a habit or else this roof would have fallen on me by now.
Only realheads remember those shitty song parodies from jibjab circa 2002
well i wish my winnings were a bit more certain, better call my friends and halliburton
Yeah this supports my thesis that the state dept doesnt do diplomacy of any kind anymore. Theres no carrots and sticks anymore, just sticks or the promise not to hit you with the stick.
lmao it's the cum town guy
What happened he wrote a hit piece on cum town?
It's adorable how bad Jeff Stein wants to riff every time he gets to go on a "cool guy" podcast
“I don’t want to bore you with all this talk about global finance and capitalism” he said to the most self selecting group of people who want to talk about international capitalism ever
I hate when people throw around the "people aren't always rational actors" line, because 9-times-out-of-10 it's usually just the person imposing their sense of what's rational on some other person without actually trying to understand how things look from their vantage point. Like "why would I undermine my political position and put myself myself back into economic subservience to these people who are likely to just reneg on their part of the bargain anyways? Better to just tough it out with these other countries till we work out an alternative" is quite a rational position for a lot of countries. Oh, and here’s something relevant: the New York Federal Reserve has found that basically all the sanctions and controls meant to hobble China’s tech sector have backfired: https://www.newyorkfed.org/research/staff_reports/sr1096
Is the guy that wrote the Cum Town thing
Yup
Really like the journalism vibe going down
podcasting as praxis if you will...
The second-act reveal here is Ice-T saying "The governor's not lying ... he's retarded," hard cut to Shaq Papa John's commercial
Did Biden really say he is leaving without the US involved in foreign conflict? I honestly don't see how that could be more of a lie
also good morning pay pigs
The only person Stein is to the left of is Elizabeth Warren. Why interview a WAPO guy on Chapo? His whole argument is ‘we need another imperial tool, sanctions don’t work’
They interview libs all the time. Like Grimm job
everything I learn about sanctions tells me that, pending gross mismanagement, Belt & Road is absolutely going to devour our whole shit
They're going to devour so much that they'll need to call it "elastic waistband and road".
I won’t be voting for RFK because he didn’t do a David Cameron-style bit of horseplay like when he put his dick in the pig’s house
As others have noted, his fly was down in the picture. Could there be more from the set we haven't seen??
A sanction is pretty much synonymous with a prohibition right? That went well when we tried it on our own population
More like a lazy blockade
Whoa, that’s not what a WaPo guy should sound like
RFK's voice sounds like a cassette tape that's about to be eaten. Someone out there has to have sampled his voice for some tracks. If not then quite a missed opportunity. The voice alone sounds like something out of a Lynch film.
Full disclosure: I have a broker.
1 AM on a tuesday, TIME FOR CHAPO BABY!!
It’s 3 AM and I must be Chapo
will: if you’ve seen the picture of me with the owls felix: hoo, hoo
Span of chapo fanbase: I have a broker, I'm based in Japan 🥺😢😥 and I worked for the Tokyo Stock Exchange for ~4 years (2019~2023)
Can i have some money
They should have asked the Gay Bug for his opinion on this since he is such a powerful voice on the center left
thanks Jeff for your insightful commentary, and also congratulations for your successes on the pommel horse at the Paris games
The guy that was sabotaged by his big dick?
🇧🇷 🇷🇺 🇮🇳 🇨🇳 🇿🇦
I’m 18 minutes in and I felt like it was an hour. This worked better than NyQuil
Good episode. I don’t understand how the left can be so clear eyed on the dangers of the US sanctions regime but then completely dismiss crypto
the platonic ideal of crypto sure, but how crypto actually functions in the real world? lol
At least the slop market is booming
I laughed
I will let you know if the brokers jump out the window
How has Larry David not dipped into RFK Jr lore on Curb?
Mmm, tasty man-flesh
Looks like meat’s back on our menu, boys!
Oh yes.. I shall, gladly, grin and bear it!
>more than 60% of "developing" nations Thank you chapo, very cool
full port calls?
Catch the dead cat bounce, cash out for an early retirement... Or wipe out your entire net worth, make a funny post about it on Reddit, and then join me as I run my old Buick in a closed garage for shots of five o'clock vodka and asphyxiation Win, win.
It was inevitable
hurray