Everything shut down for 6 months and somehow miraculously the economy just sort of chugged along without much shock until about 2 years later when all the consequences of the COVID aid/stimulus came home to roost.
That is exactly how this will play out.
Combine them all: this is worse.
This isn't my hot take either, it's the opinion of the International Energy Agency[1].
Even if peace breaks out right now, the world economy is going to take years to recover.
[1] https://www.theguardian.com/business/2026/apr/07/oil-prices-...
Which... is something we all basically knew even before the Iran boondoggle. The market is as the market does.
When I think about the impact of the war on Iran, it’s pretty clearly affecting “economic fundamentals”. So what are you talking about?
it was quite perplexing to be called a sovcit who was imagining some software i've written just because it was rhetorically inconvenient for you that said software existed