The landslide winner's curse by Daniel Davies
I imagine Dsquared looks and sounds like the Spice Trader of Qarth in this video who is mildly trolling Khaleesi. He's very eloquent in his writing and thinking!
The - strained - analogy is this. Magic is coming back into the world with Dany's dragons. The red comet was a sign of this. With Dany's dragons, the Warlocks' power is increasing as well. They symbolize the fascists. And the increase in magic is the failure of austerity in Europe and increasing economic distress. This increases the appeal of the xenophobes and neo-fascists. The Warlocks team up with the King of Qarth to depose the Spice Trader and the Thirteen, but Dany's magic is too strong for them as she escapes the House of the Undying.