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Home » Douglas Macgregor: New World – Israel Dying, NATO Dead & U.S. Defeated by Iran (Transcript)

Douglas Macgregor: New World – Israel Dying, NATO Dead & U.S. Defeated by Iran (Transcript)

Read the full transcript of Colonel Douglas Macgregor’s interview on Greater Eurasia Podcast, June 9, 2026.

Editor’s Note: In this episode, Colonel Douglas Macgregor joins host Glenn Diesen to discuss the profound geopolitical shifts currently challenging the era of American global primacy. Together, they analyze the precarious state of U.S. and European policies regarding conflicts in Iran, Russia, and Ukraine, while exploring the potential for a necessary, yet painful, strategic realignment in an increasingly fragile world.

Introduction

GLENN DIESEN: Welcome back. Today is June 9th, 2026, and we have the pleasure of being joined by Colonel Douglas Macgregor, the former advisor to the U.S. Secretary of Defense, as well as being a decorated combat veteran and prolific author. So thank you very much for coming back on the program.

DOUGLAS MACGREGOR: Thank you for inviting me, Glenn.

The End of American Global Primacy

GLENN DIESEN: If we take a step back, it appears that the world is undergoing a massive shift. That is, the era of global primacy is over, essentially ending something that defined the world order over the past decades. Yet in both the United States and Europe, it seems to be this conviction that we can do anything, that it’s still the 1990s. And the cost, I guess, of this delusion is high. Trump has trapped himself in Iran. The Europeans have, well, I would argue, de facto declared war on Russia, which is seemingly getting ready to retaliate.

So all is not well. And I was wondering, what do you see as being the main challenges for the United States to adjust to this new time? And, well, what is it that America should do?

DOUGLAS MACGREGOR: Well, normally we regard the ocean as the metaphor for the international relations environment. The ocean is always changing. The problem that we’re having right now is that we’re trying to cross the ocean in a leaky boat, and we are staring at an onrushing tsunami, and that tsunami is profound change in the way the entire world is organized and aligns itself. We’re trying to hold back the future, to be blunt, and that’s never a good idea. You can’t hold it back.

Sometimes I think we’re like Austria was in the 1830s and ’40s. It became the reactionary state that was dedicated to forcing back all the powerful impulses for significant change that the French Revolution had unleashed. And in fact, I think you can argue that Austria was more successful than people think because these forces really came unglued, if you will, at the end of the First World War. To some extent, the unsettled business from the Napoleonic Wars returned with a vengeance by 1914-15 and then burst into the open in 1918.

So I think that your assessment is accurate. It’s profound change. It’s not necessarily in the direction that we in the West would like, particularly the United States, but it’s going to happen anyway. And the smart thing would be for the United States to accommodate it. You know, in this sense, Britain was very stupid in the first part of the 20th century. It could have accommodated the rise of German influence and power without any difficulty at all. Instead, Britain’s refusal to accommodate Germany led to an inevitable war that destroyed almost everybody in Europe. So there’s not much evidence out there for common sense and, let’s put it this way, tolerance for anything. That’s depressing.

Financial Fragility and the Black Swan

Now, is there any good news? Yes. The difference is that we are really financially extraordinarily leveraged and as a result, very fragile. This almost never seems to come up for discussion, Glenn. You know, when someone like you says, well, it looks like we’re going to go to war with Russia. Well, that’s absurd. There’s not going to be any war with Russia. The Europeans can’t fight. They don’t have anything. They’re leveraged up to the hilt. They’re in very fragile condition.

They’re dealing with an electricity bill that is beyond anybody’s imagination. The French are the only ones that are not suffering dearly under price hikes in electricity because they’re so heavily dependent on nuclear power. But Germany and Italy and other countries are really suffering. German industry without reasonably priced energy, which is certainly not what we’re charging the Germans when it comes to liquefied natural gas, has really hurt Germany tremendously. Germany is no longer competitive as a result of the loss of cheap energy. So you look at an enormous firm like VW, which is an institution in Germany, they’re shutting down plants left and right. And surprise, surprise, there’s tremendous unrest in Germany.

Now you add to all of those problems the presence of millions and millions of unwanted non-Europeans. Most of them are Muslims, but not all of them. And the populations in Europe are very, very restless. They want a return to a better way of life. They want peace at home. They want a reduction in criminality, and they don’t support war with Russia.

So how do you get there from here? Well, the last word in this sort of thing is revolution. And you’re going to have to have something akin to a revolution, whether it’s a revolution at the ballot box, which is what everybody would like, or it comes out of the barrel of a gun, is a question I can’t answer at this point. Because whenever I talk to my friends in Germany, they tell me everything is rigged against change. There’s no possibility of the Alternative für Deutschland to join the government and come into power. And frankly speaking, AfD is too moderate for what needs to happen in Germany. I think the situation is not very different in France, Italy, and so forth in that sense politically.

So an awful lot of what you’re discussing right now I think really hinges more on our internal conditions than it does on any external interests.