Financial Crash Expert: In 3 months We’ll Enter A Famine! If Iran Doesn’t Surrender It's The End!
In a Nutshell
Professor Steve Keen warns that Iran's blockade of the Strait of Hormuz threatens 20-30% of global fertilizer and helium supplies, triggering famine in 2-3 months (e.g., India first) and halting 30% of semiconductor production, while oil disruptions could slash global GDP by 5-10%. Trump's narcissistic pump-and-dump oil scheme and underestimated Iranian military (31 underground provincial divisions) risk nuclear escalation, Gulf infrastructure collapse, or U.S. ground troop suicide missions, with best case being Iran disabling Israel's nukes. AI hype will cause a 2008-style financial crash in 24 months via overinvestment and 90% startup failures, eliminating 50% of jobs and necessitating UBI amid energy/mineral constraints.
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Five scenarios for how the war could end: Trump took on Israel's goal to destroy Iran, but they've bitten off more than they can chew. Scenario one: Iran destroys Gulf power infrastructure, making Saudi Arabia, Qatar, Dubai uninhabitable. Scenario two: Iran disables Israel's nukes. War threatens everyone on the planet. Trump is running a pump and dump scheme on oil prices, exploiting it for his friends and wealth.
Strait of Hormuz is critical: oil, fertilizer, helium pass through it. Iran has blocked it, controlling passage based on countries' attitudes toward Iran. 20-30% of fertilizer comes through there; without it, global famine. Trump likely to send ground troops, but it's a suicide mission due to Iran's underground military units with unknown scale. Trump claims war is won, but he's been fed propaganda by advisers.
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Professor Steve Keen's three areas of specialism: history of economic thought, financial instability (causes of economic volatility), dynamics of money. Most economists ignore money.
Trump as mafia don running US: shakedown rather than political necessity. US deep state anti-Iran for 40-50 years; Israel wanted to defeat Iran. Trump stupid and cunning enough to try destroying Iran, but underestimated Iran's preparedness.
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