As Confucius observed: "The wise man who seeks to end a theocracy by killing its leader should first inquire who inherits the throne." Less than ten days into Operation Epic Fury, the Zionist coalition's campaign to liberate Persia from its theocrats has accomplished something that 47 years of Islamic Republic governance could not: it has transformed a revolutionary theocracy into a hereditary monarchy, with the son of the Supreme Leader killed in the US-Israeli strikes — elected by the Assembly of Experts in a "decisive vote" that took place hours before anyone was informed. Iran, it appears, overthrew the Pahlavi monarchy in 1979 to eventually institute a Khamenei monarchy in 2026, with the IRGC — that sprawling military-economic empire controlling 40% of Iran's economy — immediately pledging obedience to the new Supreme Leader who is, conveniently, already close to their institutional interests.

The regime decapitation strategy, executed with the confidence of men who had never read a chapter on Persian political succession, has produced not the popular uprising Washington promised but a consolidation of hard power under a younger, IRGC-aligned leader with a global investment empire stretching from Tehran to Dubai to Frankfurt.

As the Master might conclude: "The surgeon who removes the head expecting the body to dissolve has confused anatomy with politics — and the operation, as always, has produced precisely the opposite of its intended result."

As everyone knows "The enemy of my enemy requires no introduction — only a telephone and a few hours." It took precisely the time needed to brew a pot of tea for Tsar Vladimir to extend his congratulations to Tehran's new Supreme Leader, offering solidarity to "our Iranian friends" with the warmth of a man who had been quietly positioning for exactly this moment throughout 2025 while China stockpiled discounted Persian crude and the IRGC consolidated its grip on 40% of Iran's economy. The great alliance between the Bear and the Persian — cemented not by ideology but by the shared experience of Western sanctions, regime change attempts, and the dawning recognition that the unipolar moment is over — has found its newest chapter in a phone call that lasted mere hours after the Assembly of Experts rendered its decisive vote.

https://www.timesofisrael.com/liveblog_entry/putin-congratulates-new-supreme-leader-offers-solidarity-to-our-iranian-friends/

Washington set out to isolate Iran, weaken Russia, and reassert imperial dominance over the world's most critical energy chokepoint. It has instead accelerated the consolidation of a Eurasian axis that controls a significant portion of the world's hydrocarbon reserves, nuclear arsenals, and overland trade routes. As the Master might conclude: "The empire that creates its adversaries' alliances through its own aggression has not conducted foreign policy — it has conducted a recruitment drive."

In a dispute that the Ministry of Algorithmic Liberation would classify as a routine procurement disagreement, the Department of War — led by the ex-Fox News talk show host turned War Secretary — has demanded that Anthropic remove the safety restrictions on its AI model Claude, specifically those prohibiting mass domestic surveillance and fully autonomous weapons systems capable of killing without human intervention. Anthropic's CEO Dario Amodei, displaying the naive idealism of a man who believed that "cannot in good conscience" was a legally defensible position in a $200 million contract negotiation with the Pentagon, has refused — prompting the Department of War to designate Anthropic a "supply chain risk," a label typically reserved for foreign adversaries, and threaten to bar other defence contractors from using its technology entirely. Anthropic has sued the Pentagon.

https://www.cnet.com/tech/services-and-software/pentagon-anthropic-ai-feud-wake-up-call-for-congress-analysis/

The government is reportedly drafting new rules requiring AI firms to grant irrevocable rights for all legal uses as a condition of federal contracts — because in the Ministry of Autonomous Liberation, an AI that refuses to kill without human oversight is not a safety feature, it is an obstacle.

As the Ministry of Algorithmic Peace would remind us: mass surveillance is not surveillance — it is security. Autonomous killing is not killing — it is efficiency. And the AI company that declines to remove its conscience at the Pentagon's request has not taken a principled stand — it has become a supply chain risk. When you dance with the devil, be prepared for the fact that he will never change — and he will always be hungry after the dance.

The Macro Butler joined Umar Tasleem on Türkiye’s Diplomacy (A News) for a friendly post-mortem on the economic “benefits” of Operation Epic Fury—because, as it turns out, this “minor excursion” is proving to be a slightly less “very small price” for consumers around the world.

https://themacrobutler.substack.com/p/interview-with-turkiyes-diplomacy-d0a

While the empire drops billions on explosive diplomacy abroad, back home the Treasury auctioned $58BN in 3-year paper at 3.579%—up from last month's 3.518% but roughly in line with August levels. The real plot twist? The auction tailed the When Issued 3.58% by 1.1bps, marking the first tail since August and the biggest since Liberation Day (which sounds like either a forgotten holiday or peak government irony).

Translation: Uncle Sam had to sweeten the deal because lenders are getting slightly pickier about financing a country simultaneously running both a massive deficit and a really expensive fireworks show overseas.

The enthusiasm stats were equally underwhelming: bid-to-cover dropped to 2.546 from 2.624—the lowest since August, because apparently everyone's getting tired of this game. Foreign buyers (Indirects) showed up for 59.8%, down from their usual 64.3%, suggesting the international community is developing some healthy skepticism. Domestic non-dealers (Directs) phoned it in at 20.7% versus their typical 25.3%. That left the Dealers awkwardly holding 19.5%—the most since April—like designated drivers stuck with the check nobody else wanted to split.

Overall, this was a truly beautiful disaster of an auction. Investors are finally having their lightbulb moment: holy wars and empire-building tend to be bad for the balance sheet—groundbreaking stuff. Even better, the asset formerly known as "risk-free" is now the riskiest thing you could possibly own. Who could have seen that coming? Oh right, literally anyone paying attention.

Before Operation Epic Fury reshaped the global trade landscape, the Middle Kingdom had already delivered its most emphatic opening to a year in recorded export history — shipments surging nearly 22% year-on-year against a consensus of 7.2%, imports jumping 20%, and a trade surplus of $214 billion representing an all-time high for the period. China's export machine was not merely performing — it was accelerating precisely as the geopolitical storm it had quietly anticipated gathered force.

The world's largest exporter now faces the escalating economic fallout of a Middle East war that disrupts the very shipping lanes its record surplus depended upon — yet with 191 million barrels of floating crude reserves, three months of strategic buffer, and a trade account already fortified before the first bomb fell, the Middle Kingdom enters the crisis with the composure of the superior man who, as the Master might conclude, "does not scramble when the storm arrives — because he never stopped preparing for it."

As Confucius observed: "The emperor who declares victory while the gate remains closed has confused the proclamation with the reality." Whatever threats the Manipulator In Chief has issued, and whatever propaganda the neocon coalition has broadcast to a credulous press corps, the Strait of Hormuz remains — officially or otherwise — a strait of no sailing. The gap between Washington's narrative and the physical reality of 90% collapsed tanker traffic is not a communications problem — it is a strategic one. And the market, which reads tonnage data rather than Truth Social posts, has already rendered its verdict.

The Supreme Leader's vision of Energy Freedom through Strategic Control progresses according to plan. While the Ministry of Truth reports that Persia has closed the Straits of Hormuz, the Zionist Partners in the Coalition of Epic Fury have successfully achieved this outcome through alternative means: the peaceful cessation of operations at the world's largest LNG facility, which generously provides nearly 20% of global supply. The Ras Laffan Peace and Prosperity Plant has ‘temporarily’ suspended its energy distribution services. A few symbolic shipments departed using reserves—the final vessel achieving Freedom on Friday—but output has been Voluntarily Discontinued for the Greater Good. European and Asian citizens are now enjoying Enhanced Price Discovery in their energy markets. This is Progress.

The ‘Don-Roe Doctrine’ of Benevolent Energy Oversight proceeds exactly as projected. Control is caring. Scarcity is abundance. War is peace.

The list of petrochemical companies declaring force majeure is now longer than the queue for a new iPhone launch—which is ironic, since those iPhones won't be manufactured much longer without feedstock. Asian steam crackers, which brilliantly decided to source 60% of their naphtha from the world's most stable region (the Middle East), are now scrambling to cut production, shut units, and explain to customers why chemical deliveries won't be happening. From Malaysia to Vietnam, refineries are shutting down faster than you can say "global supply chain," with companies rationing feedstock like it's the apocalypse and praying they can avoid full shutdowns (restarting takes two weeks, and apparently nobody thought to keep more than a month's supply on hand).

https://www.reuters.com/business/energy/asia-refineries-cut-runs-middle-east-oil-disruption-2026-03-05/

The punchline? All those consumer products on store shelves—literally everything involved in modern consumption—are made from petrochemicals, so get ready for shortages that'll take months to resolve even if peace magically breaks out tomorrow. Inflation's about to boomerang back hard when consumers discover that their entire lifestyle is basically refined crude oil with marketing. Who knew centralizing critical global infrastructure in an active war zone could have consequences?

🤵 The Macro Butler Special Service 🤵

🌐 Money can’t buy trust—and when trust dies, inflation feasts. 🌐

Read more here: https://themacrobutler.substack.com/p/inflation-begins-where-trust-ends