Financial Crash Expert: In 3 months We’ll Enter A Famine! If Iran Doesn’t Surrender It's The End!

**Steve Keen** (0:00)
So there are five scenarios in which the war could end, because Trump is stupid enough to take on what Israel wanted to do, which was destroy Iran, but they're bitten off far more than they can chew. So scenario one is Iran destroys the Gulf power infrastructure. I think that's highly likely. And if that happens, then Saudi Arabia, Qatar, Dubai, they'll become uninhabitable. And then scenario two, Iran disables Israel's nukes. I hope that happens, but there's this one, and it scares the shit out of me.

**Steven Bartlett** (0:28)
Professor Steve, I have so many questions. What is going on?

**Steve Keen** (0:30)
So this war is threatening everybody on the planet. And what Trump is doing at the moment is a pump and dump scheme. He's trying to drive up the oil price and exploiting it for his friends and for his own wealth in the process. So people are focusing upon the price of this. But the really important point is this, this is straight of homos. So oil, fertilizer, helium, all have to pass through the straight of homos.

**Steven Bartlett** (0:49)
And Iran have blocked that gap.

**Steve Keen** (0:51)
So they can say you do or do not pass, depending on your country's attitude towards our country. And it's quite terrifying, because 20 to 30% of our fertilizer comes from this point. But if this is not available, the globe has a famine.

**Steven Bartlett** (1:03)
Do you think he will send ground troops in?

**Steve Keen** (1:04)
Yes, I do. But I'd hate to be one of those troops, because it's a suicide mission. They've got underground military units of weapons and troops. But we have no idea of the scale.

**Steven Bartlett** (1:13)
Trump keeps saying that the war has been won.

**Steve Keen** (1:15)
Yeah.

**Steven Bartlett** (1:15)
What's going on there in your view?

**Steve Keen** (1:16)
I think he's been fed propaganda to tell him that he's winning the war by his immediate advisers because you cannot tell a person like that that they've made a mistake.

**Steven Bartlett** (1:25)
We'll talk about that as well. But you've developed a bit of a reputation because you're very good at predicting things. So which of these five outcomes do you think is most probable to happen?

**Steve Keen** (1:34)
Oh God.

**Steven Bartlett** (1:37)
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Professor Steven, who are you? If you had to sort of distill it down to three areas of specialism, what would those be?

**Steve Keen** (2:22)
History of economic thought, financial instability, so what causes volatility in the economy, and the dynamics of money. And ironically, that makes me a minority in economics because most economists ignore money completely.

**Steven Bartlett** (2:39)
It's a strange thing to you.

**Steve Keen** (2:40)
It's ridiculous, but it's true.

**Steven Bartlett** (2:41)
We'll talk about that as well today. I really want to focus on what's going on in the world right now, because there are so many questions. It's all quite confusing, and understanding the layers of motivation that Trump has, Iran have, Israel have, it's a difficult jigsaw puzzle to put together. I guess the question that I keep asking myself is like, what is going on?

**Steve Keen** (3:04)
You can't get away from the fact that we've basically elected a mafia don to President of the United States. You've got a guy who admires the mafia, who's running the country. So what we're getting in some ways is a shakedown, rather than anything driven by any sense of political necessity. So that's a crazy element to begin with. And the American deep state, as it's called, has been anti-Iran for 40 or 50 years. Israel has wanted to defeat Iran for that length of time.
Trump is stupid enough, but also cunning enough, it's a combination of the two, to take on what Israel wanted to do, which was destroy Iran. They're now trying to do it and they're finding that they've bitten off far more than they can chew.