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0:00 Headlines
4:31 Trump's sanctions dilemma: Migration crackdown vs. regime change
5:57 How sanctions helped trigger Venezuela’s economic collapse
9:32 The power of 'secondary sanctions'
12:51 How sanctions drove inflation, hunger, and state failure
18:45 From Venezuela to the US: Understanding the migrant wave
20:37 Inside the Trump split: Rubio’s hardline vs. Grenell’s dealmaking
32:50 Francisco: The US needs to be more realistic about Maduro
40:20 The path to restoring democracy in Venezuela
Recorded May 30, 2025.
Read this week's edition of the Earthling:
Trump’s National Security Carousel
Note: In June, the newsletter will be doing what it did last June: take a month off for retooling. Like last time, NonZero members (more crassly known as paid subscribers) will get a bonus month—and, also like last time, our podcasts will continue, complete with their members-only Overtime segments.
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Discussed in Overtime:
Why sanctions worked in South Africa.
How the US empowers Venezuela's hardline opposition.
Breaking down Maduro's bid to take the Essequibo region from Guyana.
The problems with an opposition in exile.
Overtime video:
