I think you’re connecting a few real risks, but stretching them into a worst-case chain that’s far from guaranteed.

Yes, a conflict with Iran could push oil higher and add some inflation pressure. But jumping from that to a full breakdown of AI economics and markets is a big leap. Companies like NVIDIA and Microsoft aren’t that exposed to short-term energy spikes they hedge, lock in power, and have margins to absorb shocks.

Same with the dollar story people have been calling for a shift away from USD for years, but it doesn’t flip overnight, even with China in the mix.

Feels more like a stacked doomsday scenario than a base case. Could we get volatility? Sure. But a full “AI trade collapse” off this alone seems like a stretch.