The Iran shock is not just a foreign policy story. It could hit you directly in your daily life through fuel, food, inflation, and higher borrowing costs.
Gary Stevenson’s point is brutal but important: when crises hit, asset owners are protected because they own oil, stocks, land and debt. Ordinary people are left paying more for the basics.
So what can you do? Build a buffer where you can. Reduce debt. Keep some emergency cash. Lower your dependence on fragile systems. Think more seriously about resilience, ownership and self-reliance.
That helps at the personal level, but it does not solve the structural problem. If public wealth keeps shrinking while private wealth keeps concentrating, every crisis becomes another upward transfer.
https://www.youtube.com/watch?v=Oi265I48MdI
What matters more in a crisis: personal resilience, or changing the system itself?
#Iran #Economy #Inflation #Energy #CostOfLiving #WealthInequality #SelfSovereignty
