Source: Paul Krugman
by Paul Krugman
“Donald Trump and his minions are having a meltdown. On Saturday, Trump lashed out at the New York Times for an article saying the obvious — that many of his original war goals, whatever they may have been, remain unaccomplished. Just an hour later, he posted a threat to commit massive war crimes, saying that if Iran doesn’t open the Strait of Hormuz within 48 hours — that is, today — he will order U.S. forces to begin bombing civilian power plants. Why the desperation? The answer is obvious. It’s turning out not just that regime change — if that was really the goal — is hard to engineer, but also that the world is a lot more dependent on the Strait of Hormuz than Trump and co. seem to have realized.” (03/23/26)
https://paulkrugman.substack.com/p/when-hyperglobalization-meets-chaos