TheAltWorld How the Iran War Could Tank the US Economy
Is the Iran war about to trigger a global economic collapse? Ashok Kumar, associate professor of political economy at Birkbeck, University of London, explains how the expansion of the U.S.-Israeli war on Iran is sending shockwaves through global markets and threatening to destabilize the world economy.
He warns that disruptions to Gulf oil and gas flows could drive inflation, deepen crises across the Global South, and insists that the idea the United States can be “inoculated or insulated” from the economic fallout is “pure fantasy.”
The US-Israeli war on Iran is a global economic crisis in the making, says economist Ashok Kumar (@broseph_stalin).
He warns the long-term impact could mean “economic catastrophe and immiseration for a lot of the world”
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