@citrinowicz The US displays such limited understanding of their opponent. The working belief seems to be that Iranโs leadership will act like a western society. Destined to fail. Trump finally met an opponent that is more extreme than him.
@romanhelmetguy Or just institute a blockade. The navys already in region. Charge a toll, I'm thinking $2million USD. Gold also accepted. No Bitcoin funny money tho.
@cantonmeow I think all the COVID stimulus, and the USD deleveraging have thrown the traditional relationship off for this and many things. Now the Iran Adventure is accelerating the end of the credit cycle. Everything is caddywampus right now, it seems.
@johnkonrad Really interesting analysis. There is a time decay element for the US, though. Inflation. We may be insulated from gas prices, but we still import a lot, and when costs for goods, food, etc. start to rise again it's going to create pressure to resolve this.