this post was submitted on 13 Mar 2026
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Countries already walloped by a breakdown of the international trading order, war in Ukraine and chaotic U.S. policymaking are facing potentially lasting economic damage.

Bombs are exploding in Iran and the Middle East, but the fallout is rattling households and businesses in neighborhoods all over the globe.

In Kansas, home buyers saw 30-year mortgage rates edge above 6 percent this week. In Western India, families mourning the death of a loved one discovered that gas-fired crematories had been temporarily closed.

In Hanoi, Vietnam, gas station owners posted “sold out” signs. In Kenya, tea growers and traders worried their exports to Iran would rot on the dock. And across the United States, Canada, Europe, Britain and Mexico, farmers blanched at the surge in fertilizer costs.

The widening war in Iran has delivered a stunning punch to a worldwide economy that has already been walloped by a breakdown of the international trading order, war in Ukraine and President Trump’s chaotic policymaking.

MBFC

Edit: archive.today is broken again. Replaced the original link with a gift link.

all 33 comments
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[–] Semi_Hemi_Demigod@lemmy.world 145 points 1 month ago (4 children)

Oh look another once in a lifetime economic shock how original

[–] toiletobserver@lemmy.world 42 points 1 month ago (2 children)

I'm in this joke, and the last one, and the last one, and i don't like it.

[–] Lumisal@lemmy.world 8 points 1 month ago

Don't forget the next one!

[–] Sabata11792@ani.social 7 points 1 month ago (1 children)

I think I got enough on my punch card that I get a free sandwich on the next once in a lifetime crisis.

[–] VoiHyvaLuojaMitaNyt@lemmy.world 3 points 1 month ago

Sadly I think its one of those collect 9 stamps and you'll get the 10th crisis for free.

[–] Vinylraupe@lemmy.zip 4 points 1 month ago

Oh no not the economy! Sheds tear

[–] Big_Boss_77@fedinsfw.app 2 points 1 month ago

Everyone said they wanted to live in "precedented times"...well, we fucking got it... war in the middle east and an economy heading straight down the shitter... mission fucking accomplished I guess...

[–] CosmoNova@lemmy.world 66 points 1 month ago (2 children)

It‘s okay. It‘s only the 4th major price shock in 6 years. We‘re actually getting used to not being able to afford anything. Isn‘t that right folks? Folks? Why are you carrying pitchforks and torches?

[–] 3abas@lemmy.world 41 points 1 month ago (1 children)

Why aren't you carrying pitchforks and torches is more accurate at this point.

[–] cynar@lemmy.world 5 points 1 month ago

Have you SEEN the price of pitchforks now?!? How the hell are peasants supposed to afford one?

[–] Lor@mander.xyz 9 points 1 month ago

For real. Mfers are wearing red hat instead….

[–] Eyekaytee@aussie.zone 53 points 1 month ago
[–] jontree255@lemmy.world 31 points 1 month ago
[–] random_character_a@lemmy.world 22 points 1 month ago

So everything is going down like Trumps casinos.

[–] SaveTheTuaHawk@lemmy.ca 10 points 1 month ago

THE BIG ONE....

[–] pulsewidth@lemmy.world 8 points 1 month ago (2 children)

OP are you an undisclosed bot?

I ask mainly because the 'Archive' link does not exist - like the URL has been automatically generated for the benefit of this post, but the content is not hosted on the Web Archive yet. That and the Ai-looking user avatar and mass of news articles posted regularly day.

Its fine if you're a bot BTW afaik, but just mention it on posts or in your user profile to set people's expectations re: errors/etc.

[–] breakfastmtn@lemmy.ca 53 points 1 month ago (2 children)

Your mom's an undisclosed bot.

I posted this before archive today was finished, just removing "/wip" from the url but archive today failed. It's been dogshit for the past few days for some reason. Generating a new link now and I'll update it when it's done. Thanks for letting me know it was broken.

[–] Lawnman23@piefed.social 53 points 1 month ago (1 children)

Your mom’s an undisclosed bot. image

[–] muusemuuse@sh.itjust.works 6 points 1 month ago

This place is awful and I love it.

[–] pulsewidth@lemmy.world 7 points 1 month ago (1 children)

I wish, I might be able to reprogram a bot off using Facebook every day and compulsive shopping habits.

IA is probably being slow for the same reasons as usual - DDoS attacks.

[–] GoldenDeLorean@lemmy.world 9 points 1 month ago

All of our moms are undisclosed bots on this blessed day.

[–] breakfastmtn@lemmy.ca 16 points 1 month ago (2 children)

Okay archive.today is just dead set on being completely useless today. The main link is a gift link now.

[–] petrichornetrainfall@piefed.social 22 points 1 month ago (1 children)

Thanks for going through the effort!

Just a heads up, archive.today might not be useful ever again, your issues with it could be related to this: https://en.wikipedia.org/wiki/Wikipedia:Archive.today_guidance

[–] breakfastmtn@lemmy.ca 2 points 1 month ago

Yeah, we definitely need a replacement for archive.today. If anything, though, you'd think it not being spammed by wikipedians would improve performance.

I think in this case the NYT might have changed something specifically to make it fail. It's working for other sites and it's failing in a really strange way. It starts archiving, gets part way through, then it fails and kicks it back to the archive queue. It just loops like that for maybe 15 minutes before giving that weird 'doesn't exist (yet?)' error.

[–] pulsewidth@lemmy.world 6 points 1 month ago

Thanks for gift-linking it.

[–] Mrkawfee@lemmy.world 3 points 1 month ago

All so that Netanyahu could have his war and secure domination over West Asia.