Name: Trump goes to war with Iran - What’s Coming is Worse Than 1929 Depression
Uploaded: 2026-03-06T18:11:07.000Z
Duration: 11 min 16 s
Description: Thousands of YouTube videos with English-Chinese subtitles! Now you can learn to understand native speakers, expand your vocabulary, and improve your pronunciation...

Past simple

To-infinitive

And the real question right now is how much this war is going to cost.

Present continuous

This war is going to be so expensive that it's going to drag the United States into a financial crisis that is going to be way worse than the 1929 financial crash.

If the Great Depression lasted 10 years, this crisis, God knows how many years is going to last.

And to find out how much in total this war is going to cost, we all we have to do is just go back to the Iraq war.

In total, the United states spent about $3 trillion to wage the Iraq war.

But that's not the total cost of that war.

Because after the war you are going to have thousands of veterans who fought in that war and you still have to take care of them.

So the United States is still spending millions of dollars.

rather billion billions of dollars, even though that the war has been over for many, many years.

And unlike all other wars that the United States has fought in its entire history, the Iraq war was entirely funded with debt.

The United States did not use any taxpayers money, but rather its borrowed money.

And that's why if you look at the debt to GDP ratio, you will see that in six years after the Iraq war, the debt to GDP ratio has doubled.

Which means that that money that was borrowed was never paid off.

And until today, the United States is still paying hundreds of billions of dollars in interest payments from that war.

And that is very strange because even the greatest war that has been fought in the history of the United States, which was World War II, half of it was financed with taxpayers money and the other half was financed by borrowing money.

But the Iraq war for some reason was entirely funded with debt.

Which means that if we actually include all the money that the United States has spent because of that war, it is far more than $3 trillion.

Because the government is still paying hundreds of billions of dollars every single year just because it borrowed that money back in the days.

And now let's take Iraq and compare it to Iran.

Now this country is two or three times larger than Iraq.

This country has two or three times the population of Iraq.

And unlike Iraq, that was literally a flat desert, Iran is a mountainous country.

Which means that invading that country is going to be a lot more expensive.

I am not even talking about the lives that will be lost.

All I am talking about is the financial cost on the United States.

So if the Iraq war, according to the least estimates, cost the United States $3 trillion, you can confidently say that this war is going to cost at least double that amount.

And you also have to factor in inflation.

So for a fact, the final price tag is going to be anything between 6 to 10 trillion dollars.

Now, you have to take a look at the US national debt and you have to ask yourself a question.

Can the United States afford an extra six to $10 trillion to start another major war against a country that is three times larger than a war that cost the United States $3 trillion?

I am against all wars, regardless of the war.

And I'm not gonna talk in this video about the moral justification because we talk about investments, we talk about finance, and, and

we want to explore this from the financial perspective.

Another major cost that is going to be for this war is that Iran is one of the largest exporters of oil.

And it stands right in the Strait of Hormuz where a third of the global oil moves.

So if they are going to block that straight, oil prices are instantly going to skyrocket.

And when oil prices rise, the price of everything rises.

Inflation rises all across the globe, not just in the United States, because everything is transported from one place into another.

That chicken fillet doesn't instantly appears in Walmart that is closest to you, but

rather it's transported from one place into another.

And that's why when oil prices rise, they cause massive inflation.

When the United States started the Iraq war, oil prices have crossed.

They literally doubled in the first two years and crossed $140 in the next couple of years.

So if oil prices double within a year or two because of this war, and

then they cross $200 because Iran has a much bigger ability to close the supply of oil to the rest of the world, just imagine how much in total it is going to cost the United States of America when inflation rises, for whatever reason that is, the Federal Reserve on the other side will not have the ability to lower down prices.

We just thought that the Supreme Court have shut down Trump's tariffs and there is a window to lower down interest rates.

And finally, Americans will enjoy the lower cost of borrowing.

But if this is going to happen, then forget about lower interest rates.

Unless Kevin Warsh is going to be a yes man and he will be lowering interest rates regardless of what happens in the economy.

Now, the final question is who, who exactly is going to fund this war?

Do you think the US Government right now will raise taxes to fund this war?

Now, last year, the government has raised about 5.2 or $5.3 trillion from taxes.

that should be Enough to launch any kind of war, even a war that is on scale of World War II.

But the problem is that if you look at the total spending on the other side, it is way more than the government has raised from taxes.

The government last year spent over $7 trillion.

So in total, the government had about 1.7 to 1.8 trillion dollar deficit.

And a trillion dollars of that were just the interest payments because the government has not paid off its debts over the last how many years the government has been borrowing money, including the $3 trillion that the government has borrowed to launch the Iraq war.

So you can easily assume that this war will also be completely financed by raising money, by borrowing money and growing the national debt.

Now, as of the time that I am recording this video, the total debt to GDP ratio is 125%.

If you include both the public debt and the intra governmental debt.

If you add another $6 trillion within the next two to three years, it is easily going to grow the US national debt to about 150% debt to GDP ratio.

Now, at that rate, interest rates are not coming down anytime soon.

Assuming that interest rates will be the same as they are, or maybe even slightly higher.

Because there is going to be so much chaos and not much capital will be flowing to the United States, not much demand is going to be for the US Debt.

So interest rates for the US Debt could be slightly higher.

The government will be paying about $2 trillion in interest payments in the next two to three years.

So if you want to know the final price tag that is going to cost the United States of America for this war, it is every single year to pay an extra trillion dollars in interest payments.

Now something like that was expected to happen anyways, but

that would have happened 20 or 30 years from now.

The United States still had a window of opportunity to gradually devalue the dollar and fix the debt to GDP ratio.

But with this, it is going to accelerate it.

Which means that in two to three years, a third of all government spending could literally just go into interest payments.

So the government is receiving about $5.3 trillion in taxes.

In two to three years, that number could rise to almost $6 trillion.

So you are spending $2 trillion in interest payments and you're not even making $6 trillion from taxes.

Do you see the financial catastrophe that the government is facing?

So any small even increase in interest rates is going to cost the government extra hundreds of billions of dollars, potentially even trillions of dollars.

So if you want to look at the final cost of the war With Iran, it's not just about the $6 trillion that the government is going to spend, but

rather it is going to accelerate the interest payments to two or three trillion dollars.

And because the government has already made it clear these are not my words, they this is what the Fed said, that paying off the US Debt is impossible for the US Government.

The only way to move forward is for the United States to maintain the interest payments on its debts.

And if these interest payments are going to spike an extra trillion dollars, ask yourself, do you want to pay an extra trillion dollars for God knows how many years?

Or I would be more precise years for how many decades in interest payments just because of this war?

And that is the final price tag for the United States.

There might not be many things that you can do, but

what you can do for a fact is that is to protect your money.

Because when interest payments rise so much, it means that more printing of money is coming by the US Government or to be more precise by the Federal Reserve.

So the devaluation of the dollar is most likely going to be a lot faster than we have imagined.

We thought that there might be another 10 to 20 years left, but

it seems like that is going to happen a lot sooner.

So if you have not started investing yet, it is time to do that.

Because a few months from now it might be very late or maybe a few weeks from now it is going to be a lot late.

So if you have not started, start investing.

Buy assets that appreciate in value regardless of the value of the dollar.

Every time the government or the Fed prints money, the value of these assets rise.