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The Economic Impacts Of The Iran/US War

Economics and Taxes Explained - Learn How Governments Work
29 May 2026 by
irene@circulareconomyfnq.org.au


This guy has been so refreshing about economics and geopolitics.

Learning Economics helps you understand how our resources and our systems work.

Thankfully there are now, 7 years after I first started studying it makes it more conversational because we are heading into a recession because of what the elite have managed to do with Trump and Netanyahu.


There is a shift happening and it is about being realistic about the wave that's about to hit us because we have lost 20% of gas and oil manufacturing capacity and this is a good opportunity for the Aquarius Microfactory that is the basis of this Co-Operative.


Now this video explains the cycles of the past 90 years of policies and taxes.

How the squeeze out happens and it starts from the rise of housing prices.

They sell at a high profit and have a great retirement.

Then what?

The next generation of lower income people are life time renters or as we have it today, have a 40 year mortgage.


Tax the rich actually works and the rich don't actually get that harmed by it.


In fact what happens is the people who are FT poor benefit and we avoid an economic crisis which is where we are heading because we have lost 20% of the Gas and Oil supplies from the Iran War.

Dr Steven Keen - The Man Who Predicted GFC


We are still in the under reaction phase.

People in modern societies are so distanced from how food is grown, our food in FNQ is sent to Brisbane and then back up again, when we have seen an increase in fuel prices it is going to show up on the shelves in the supermarkets, which we are all waking up to.  

We have had a 20-30% reduction in fertiliser flow, helium supplies, sulphuric acid, and energy supplies. 

Helium is used to manufacture micro chips.

Sulphuric Acid, we can't refine copper which is critical for power lines.  A side effect of refining oil is sulphuric acid.

He is saying that we will remember this war more than we will remember WWII.  That is a sobering thought.


Lobbyists Have Designed Our Policies

Peter Thiel who has created Trump has now decided he is leaving the US because he is concerned about Ai and an imminent revolution so he's heading to Argentina.

This is a warning bell.  
We have lobbyists designing our financial and social policies.

We have an anti-zionist policy put in in lightening speed after certain events that happened in 2026 when it should have been a lot broader and include an anti-racism policy.  It should have been broader.  

Shock Doctrine and how while people were in shock about Bondi, this policy was pushed through with little push back rather than a proper deliberation and design.


That is criminal.

Sign a petition to tax the rich that is a Greens Australia Campaign; 

Sign Petition

TAX THE RICH.

The War Machine - Critical Minerals

70% of the critical minerals we are mining globally is not for EVs and tech it is for bullets.

That is why countries will go to war, create trade deals and make alliances; BRICS is because of resources.

The PetroDollar was down below $60 a barrel which means the Oil in the US was not worth mining, but the Iran War meant, that at $150 a barrel that their low quality oil was worth the effort and Shell and 3 other oil companies made record profits in the first quarter of 2026.


Drill Baby Drill

What Trump has created is an embolden Iran.  He ruined a revolution that was already happening within Iran and could have made a big change in the country which is already a high population going secular.

When in February 2026, the Iranian people were revolting and it had an old leadership and they were tired.  Now with successful LEGO content that has made them feel like they have taken down a superpower.  They are embolden and now with the Strait of Hormuz, there is now billions coming into their coffers.


This video by Zeteo which is run by one of the most experienced reporters in the US, Medhi Hasan, that lost his platform because he spoke out about the war in Palestine.  He raised $4million from friends, family and the public to create a space where real journalism can thrive.


This panel is a full depth review of the US war machine in the Middle East from 1980 to now.

We have to give form to what is happening in our communities so this is critical discuss because this war is going to cause a global recession but it is also accelerating the collapse old systems so that we can create better ones.

These academics are Iranian, Palestinian, a British American, it is the most intellectual and polite discussion about the timeline of wars and the impacts that it has had on the Middle East.


At this period in time.  The Petro Dollar has become the Yuan Dollar as Iran is doing trades with China and has been all the way through this war.


The US is no longer the epicentre of world trade because the Dollar has lost it's power.  The AUD is trading at .72c which hasn't happened for a very long time, early 90's perhaps.

The vacuum that is left from that is about sovereignty.  

Not another super power.

But.


Countries that have the wealth to weather the wars of the super rich.


Please watch all the videos as the copy here will make a lot more sense.


Thank you for watching, this post matters.


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