Full screen recommended.
Col. Douglas Macgregor, 4/4/26
"The Collapse Has Already Begun"
'In this new interview, Colonel Douglas Macgregor says the U.S. president is on a path to disaster and doesn't know how to get off. Macgregor argues that the president is not getting a truthful assessment from his own side, that the "we've already won" narrative collapses every time a new wave of Iranian missiles hammers the Gulf States, and that he now faces a choice between public humiliation and an escalation that could end the dollar's reserve currency status.
Macgregor reveals that insiders he trusts estimate Iran's ballistic missile capability has only been reduced from 100% to roughly 70%, not the near total destruction being claimed publicly. He explains why the Strait of Hormuz is not being closed by Iranian missiles alone but by Lloyds of London refusing to insure anything moving through a war zone, meaning the strait cannot reopen until the war stops.
He lays out the numbers: commercial traffic through the strait down 95 to 97%, 15 million barrels of oil a day taken offline, Singapore jet fuel selling at $231 a barrel. He connects the war directly to the collapse of the dollar, pointing to the rise of gold, China's gold reserves in Riyadh and Hong Kong, and the emergence of what he calls the petroyuan.
He cites Nassim Taleb's argument that gold has already replaced the dollar as the real reserve currency, and warns that the US may have permanently lost its financial dominance through what he calls a catastrophic miscalculation driven entirely by Israel's Greater Israel aspirations.
Macgregor traces the war's evolution from the failed decapitation strategy to the failed attempt to provoke internal uprising to the current goal of total destruction and societal disintegration, the same strategy he says was applied to Russia through Ukraine and failed there too. He says the people who put the president on this path are not riding with him, and that Israel regards the U.S. leader as someone who will do whatever he is told.
This interview was recorded as the president delivered a prime time address claiming the war is nearing completion while simultaneously threatening to obliterate Iran's entire power grid, as Iran's foreign minister stated publicly that no negotiations are happening, and as Iranian drones struck Kuwait International Airport's fuel depots. This is one of the most important geostrategy briefings of 2026."
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