Source: Fortune.com
Summary
President Donald Trump’s desire to take down Iran dates back to 1980, when he criticized the country for making the US look “ridiculous”. Forty years later, Trump has acted on this desire, launching a war against Iran. However, the war has not gone as planned, and the US is now facing criticism from allies and adversaries alike. The conflict has been likened to the Suez Crisis of 1956, where a powerful nation went to war to assert its dominance but ended up losing credibility. The war’s impact on the global economy is also being felt, with rising oil prices and a potential recession on the horizon.
Our Reading
The numbers tell one story.
Trump’s war on Iran has been a long time coming, and it’s not just about the current conflict. The President’s desire to assert US dominance has been a driving force behind the war. The comparison to the Suez Crisis is apt, as both conflicts involve a powerful nation trying to maintain its influence. The war’s impact on the global economy is also significant, with rising oil prices and a potential recession on the horizon. As one analyst noted, “the war has actually helped to accelerate the emergence of the very kind of problem that the British were trying to avoid when they decided to go to war”. The US’s credibility abroad has taken a hit, with allies and adversaries alike questioning its ability to lead. The war has also highlighted the growing influence of China and Russia, who have emerged as key players in the conflict.
The Suez moment has come for the US, and it’s not just about the war in Iran.
Author: Evan Null
