Chicago – March 27, 2026
Just after noon on Friday, March 20th, US president Donald Trump declared victory to a group of reporters in his broadly unpopular war with Iran. Just two minutes later, however, he announced he was sending US marines anyway. The next minute, the president said there would be no boots on the ground after all. A few beats later, he admitted he didn’t want a ceasefire, then declared victory again, then requested a ceasefire.
The volley continued like this for nearly half an hour, the president’s stream of consciousness pouring from within, in a prime example of Trump’s contradictory messaging on Iran. In addition to exhausting reporters and scrambling the news cycle, episodes like this have fueled speculation that people close to the president are feeding off the chaos.
As a recent analysis by economist and Nobel laureate Paul Krugman argues, there’s evidence that insiders are profiting off the war in Iran. On Monday, for example, Trump reversed his weekend commitment to deliver painful retribution on the Iranian people if the country failed to open the Strait of Hormuz within 48 hours. At 7:05am on Monday morning, however, Trump chickened out, issuing a five-day pause on hostilities via a post on Truth Social.
