China Tells Trump It’s “GAME OVER” For U.S. Economic Sanctions!

In a surprise move, China has activated its 2021 blocking statute for the first time, ordering all Chinese firms and individuals not to comply with US sanctions on five Chinese oil refineries accused of buying Iranian crude, declaring that the US sanctions "shall not be recognized, shall not be enforced, and shall not be complied with.” China reportedly took this action in direct retaliation for the US ramping up enforcement under "Operation Economic Fury." Jimmy notes that this is the "financial equivalent" of China pushing back against US extraterritorial sanctions, putting global banks in a "no-win" position where complying with US sanctions risks violating Chinese law and vice versa, and potentially leading to a "direct financial confrontation between the two largest economies on Earth." He argues that this Iran war "could not be going worse" for the United States because Russia has already announced it will sell oil in Chinese yuan, not dollars, and China's move signals that US sanctions are no longer "game over" as the petrodollar system and American financial hegemony rapidly disintegrate. He and Americans’ Comedian Kurt Metzger conclude that the only way out is not through voting but by a general strike of railroad workers, port workers, and truckers with a single demand: "all money out of politics, public financing of elections,” even as he acknowledges that a worker uprising of this sort is "super hard to do" and unlikely to happen. Kurt Metzger on Twitter: https://twitter.com/kurtmetzger Kurt’s website: http://www.KurtMetzgerComedy.com Become a Premium Member: https://www.jimmydore.com/premium-membership Go to a Live Show: https://www.jimmydore.com/tour Subscribe to Our Newsletter: https://mailchi.mp/jimmydorecomedy/ytlivestreams LIVESTREAM & LIVE SHOW ANNOUNCEMENTS: Email: https://mailchi.mp/jimmydorecomedy/ytlivestreams Twitter: https://twitter.com/jimmy_dore Facebook: https://www.facebook.com/JimmyDoreShow Instagram: https://www.instagram.com/thejimmydoreshow WATCH / LISTEN FREE: Videos: https://www.jimmydore.com Podcasts: https://www.jimmydore.com (Also available on iTunes, Apple Podcasts, Spotify, Google Podcasts, or your favorite podcast player.) ACCESS TO FULL REPLAYABLE LIVESTREAMS: Become a Premium Member: https://www.jimmydore.com/premium-membership SUPPORT THE JIMMY DORE SHOW: Make a Donation: https://www.jimmydore.com/ Buy Official Merch (Tees, Sweatshirts, Hats, Bags): https://thejimmydoreshow.dashery.com/ https://dobynsfamilycreations.com/collections/the-jimmy-dore-show-store DOWNLOAD OUR MOBILE APP: App Store: https://apps.apple.com/us/app/jimmy-dore/id839294547 Google Play: https://play.google.com/store/apps/details?id=com.jimmydore.jimmydore Jimmy Dore on Twitter: https://twitter.com/Jimmy_Dore Stef Zamorano on Twitter: https://twitter.com/miserablelib About The Jimmy Dore Show: #TheJimmyDoreShow is a hilarious and irreverent take on news, politics and culture featuring Jimmy Dore, a professional stand up comedian, author and podcaster. The show is also broadcast on Pacifica Radio Network stations throughout the country.