Economic effects: oil, petrodollar, and remninbi shift

Why Trump's Iran War is America's 21st Century Vietnam – And Worse | Silk and Steel

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Episode Description

In this urgent and deeply sobering episode of The Silk and Steel Podcast, Carlos welcomes back Einar Tangen, Senior Fellow at CIGI, to dissect the catastrophic Iran war that no one asked for and no one can stop.

What started as a "decapitation strike" has spiraled into an uncontainable inferno. The US killed Iran's negotiators – the very people they needed to talk to. Iran's military has decentralized into the "Mosaic Defense," with hundreds of commanders operating autonomously. There's literally no one left to call to stop the war.

But the real story is what's happening off the battlefield:

* 20% of the world's oil is offline – double the amount that caused the 1973 oil shock (which quadrupled prices)

* Fertilizer shortages are already hitting farmers in India, where diesel for tractors has run out

* Global food prices are projected to rise 5-10% if this continues – and that's a conservative estimate

* Island nations spending 25% of their GDP on diesel are facing collapse

* US allies like Japan, Korea, and the Philippines are watching their fuel reserves drain with no replenishment in sight

We break down:

* The 1996 "Clean Break" plan that set this in motion – and why Israel has been pushing for Iran war for 30 years

* Why the US can't find anyone to talk to in Iran (they killed them all)

* The terrifying reality of Iran's decentralized command: how a thousand rogue commanders are calling their own shots

* Why Trump is desperately trying to get Europe, Japan, and China to bail him out – and why no one is coming

* The $200 billion war request that tells you this is going to last years, not weeks

* How the global elite are already asking "how do we make money off this?" while the world burns

* The one path out: BRICS uniting to sanction the US and Israel

Plus: The Epstein files, the Ukraine war parallels, the "ugly American" diplomacy, and why the world's middle powers need to become the adults in the room.

Einar Tangen is a Senior Fellow at CIGI and a frequent commentator on global affairs across Al Jazeera, CGTN, Bloomberg, and more. Follow his Substack: Asian Narratives.

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