MacroVoices #525 Lyn Alden: Iran Contagion, Inflation & Private Credit

The podcast explores the escalating conflict in Iran and its broader implications for global geopolitics, economics, and markets. Lyn Alden discusses the shift towards a multi-polar world, the potential for crippling energy prices (possibly exceeding $200/barrel), and a second wave of food inflation due to disruptions in fertilizer supply. Michael Every analyzes the unreliability of news flow amidst the "fog of war," the potential for a US-Iran controlled Strait of Hormuz, and the risk of Europe pivoting towards collaboration with China and Iran. Both highlight the potential for significant economic disruption and shifts in global power dynamics. The conversation also touches on the private credit crisis and the future of stablecoin statecraft.