Here’s an analogy. Look at the world of international law as a sleazy nightclub with 200 customers. Some are going to be raucous, some will be quiet; some are friendly, some are aggressive; some smart, some stupid.
There will always be a few gangbangers who don’t like each other, some townies who hate the preppies, some junkies, a couple of ex-cons, and a few psychos. And there’s no cop to keep order. The world is just like that bar. No written rules, just some vague understandings. And lots of misunderstandings. Like in any bar, customers size each other up, deciding who to drink with, who’s looking for trouble, or, if you’re a bad actor, who you can beat up and roll.
The US used to be the toughest customer in the saloon of international law, buying friends with free drinks. But he’s turned into a mean drunk who’s overdrawn his tab. The other customers who used to tolerate his eccentricities have started to dislike, disrespect, and resent him. It will probably end up like an altercation in Deadwood’s Gem Saloon.
~ Doug Casey, "Cost of the Iran War—and Why It Will Fuel Inflation," International Man, March 13, 2026
