The Iran War Could Wreck the Global Economy.

Not a soul on this planet knows what comes next in the war theater. Because that’s war. But we can anticipate what comes next for the U.S. and global economy or at least game out certain scenarios. This isn’t just another discretionary “police action” on the other side of the world or a simple regime change. This war is wired directly into the global energy, food, and financial systems. But a proper analysis must acknowledge how the circumstances of the U.S. economy and our monetary and fiscal policies have changed. There is no direct antecedent to the situation in which we find ourselves, which makes the folly of this war all the more absurd. We didn’t just launch a war. We may have just pulled the fire alarm on the entire world economy.