Yanis Varoufakis knows who's going to lose the war in Iran

Yanis Varoufakis knows who's going to lose the war in Iran

This story originally appeared in Professor Glenn Diesen’s Substack on March 14, 2026. This shortened, edited version is shared here with permission. The war in Iran, besides being dangerous, is also very interesting because it’s an example of asymmetric warfare. The US is obviously much more powerful, which is probably why there has been a significant amount of hubris: it entered this war with a lot of confidence and assumption of escalation do…