230 War With Iran? MacGregor Warns This Ends the Dollar

28 Jan 2026Colonel Douglas McGregor warns that a potential war with Iran could have severe consequences, including the collapse of the US dollar. He believes that the US is preparing for a military strike against Iran, which could escalate into a larger conflict involving Russia and China. McGregor also highlights the US’s dependence on China for critical resources and the potential for economic fallout from a war.The discussion centres on the potential shift in global reserve currency status from the US dollar to a gold-backed yuan, highlighting China’s strategic accumulation of gold and its influence on the global economy. The conversation also touches on the complex relationship between China and Taiwan, suggesting that reunification is inevitable due to shared aspirations for a stable and prosperous society akin to Singapore. Additionally, the text explores the domestic challenges facing the US, including political polarisation, economic inequality, and immigration, and questions the Trump administration’s focus on foreign policy amidst these pressing issues.The conversation covers various geopolitical issues, including the need for military intervention in Minnesota to restore order, the potential consequences of a war in Iran, and the complexities of the Ukraine conflict. The speaker expresses concern about the fragility of European governments and the potential rise of new, more pragmatic leaders. They also emphasise the importance of investing in essential resources like food and minerals.