6 min read
07 Apr
07Apr

An Analysis of the Chaos by Chris Greyling (via the "I Told You So" Lens of Steve Keen) 

Well, buckle up. We finally found a way to make a barrel of oil more expensive than a modest apartment in Zurich. I’ve been watching Steve Keen - the "rebel economist" who predicted the 2008 crash while everyone else was busy buying subprime mortgages as Christmas presents - and his take on the Iran War is, as usual, painfully accurate. From where I sit, looking at the operational reality of global energy, this war is going exactly according to plan. 

Of course, "the plan" depends entirely on whether you’re the one holding the drone remote or the one paying $14 for a head of lettuce. 


The "Mar-a-Lago Syndicate" and the Art of the War Deal 

Let’s talk about the winners, starting with the Trump Clan. While the missiles are flying, the branding is multiplying. They’ve turned geopolitical instability into a diversified portfolio. Whether it’s "Freedom Oil" partnerships or securing real estate footprints in "newly stabilized" territories, the Clan is proving that you don’t need to win a war to make a killing on the reconstruction contracts. 

For them, the Iran conflict isn't a crisis; it's a high-stakes rebranding exercise where every explosion adds a zero to the family trust. 


The "EU Club" and the Brussels Battalion 

Meanwhile, across the pond, the EU Club has finally stopped writing strongly worded letters long enough to realize they need their own boots on the ground. Tired of being the US’s junior partner in every desert skirmish, they’re frantically building their own "Euro-Army." It’s a fascinating spectacle: a collection of bureaucrats trying to play General, ordering tanks in 27 different languages and debating whether the camouflage should be eco-friendly. 

They’re finally trying to stand on their own two feet, mostly because they’re terrified the US is about to leave them holding the bill for the next decade of chaos. 


Sir Keir’s Game of Musical Chairs 

And then there’s Keir Starmer. Watching him navigate this is like watching a man play musical chairs at a party where he wasn't actually invited. He’s desperately trying to belong somewhere ~~~ anywhere. One day he’s whispering sweet nothings to Washington to prove the "Special Relationship" isn't just a nostalgic myth; the next, he’s hat-in-hand in Brussels, trying to convince the EU Club that Britain still has a seat at the table. He’s moving so fast between chairs he’s liable to trip over his own policy shifts.

It’s a masterclass in "strategic ambiguity," which is consultant-speak for "I have no idea whose side I'm on as long as the check clears.

"The Cost of "Freedom Fumes"

So, who is this all for? Keen’s "rebel" eye sees the same ledger I do, but with a sharper pencil. The official narrative says we’re bombing for "regional stability," but the "expense" of this glorious enterprise is being picked up by the Suckers (also known as "The General Public"). 

While the super-rich shipping magnates protect their profit margins, you get to enjoy the "triple threat" of 2026 inflation: 

  • Fuel Shocks: Spending your child’s college fund to fill up a Honda Civic.
  • Fertilizer Shocks: Which leads to $25 rotisserie chickens that you’ll have to guard with a literal shotgun.
  • The Lung Special: Civilians in Tehran and beyond are currently breathing in a cocktail of toxic vapours from bombed refineries. We call these "Freedom Fumes." It’s like essential oils, but with more heavy metals and existential dread.


The "Dracula’s Cousin" Factor

The best part of this geopolitical farce? As we shut down the Middle East, we’re all crawling back to Vladimir Putin. He’s sitting in the Kremlin, watching the oil prices hit the stratosphere, saying, “Well, well, look who’s back with their pockets full of guilt-money.” 

It’s a perfect circle of stupidity: we spend trillions on "containment" only to fund our enemies through the energy crisis we created. 


The Bottom Line 

As the world markets enter a state of "suspended disbelief," remember the silver lining: the defence contractors and the political dynasties are having a record-breaking year. So, as you sit in the dark because your utility bill is now higher than your mortgage, just take a deep breath of those Freedom Fumes and smile. You might be broke, you might be hungry, and the planet might be a giant, burning oil slick <::::::> but at least the right people are getting rich. 

And really, in this "operator-led" world, isn’t that the only metric that matters?

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