Trump has now restarted the most unpopular war in American history after walking away from every single original war aim last week. He conceded uranium enrichment, missiles development, their relationship with Hezbolla and the nuclear dust.
We’re now solely fighting now over the strait and Lebanon, two non issues before the war.
This thing is an indefensible disaster and all of the people who cheerlead it have been revealed for the clowns and traitors they are.
The Strategic Petroleum Reserve was created to help OUR country during emergencies.
But Presidents use it to stabilize fuel prices… GLOBALLY, because oil is a global market.
If we use much more of it to mask the cost of wars, we risk collapsing the salt caverns that hold it.
Trump part 2 is turning into dumber than Biden, more arrogant than Bush, more deceptive than Clinton, more corrupt than LBJ, and more incompetent than Hoover.
America is running out of places to gather:
Bars and clubs per capita have fallen over 60% since the late 1970s, and since 2001 a fifth of movie theaters have shut their doors.
Over the past two decades, the country has lost roughly 2,000 golf courses and 7,000 bars and nightclubs.
Catching live music now costs a pretty penny: top-tour concert tickets averaged $134 last year, up +42% from 2019.
So Americans stay in. Nearly 80% see friends and family less than three times a week.
Read that again.
America has traded their community for their couch.
Imagine objecting to the Vice President of the United States pointing out that Israel is a seperate country from the United States.
Also the idea that this sentiment “loses the American right” is hilarious. Could not possibly be more out of touch.
I just made this my ring-tone.
It could all lead to nothing, or worse (a joint US/Israel resumption of the war). But there hasn't been a week where American leaders have spoken so sternly, clearly, truthfully and decisively about Israel since . . . well, perhaps ever.
Donald Trump would have saved himself a world of grief if he had listened to Rand Paul and Thomas Massie, instead of Lindsey Graham and Benjamin Netanyahu.
I was criticized for reposting this so let me try a different angle by embedding the post with an enthusiastic endorsement. Critics can suck my salty balls...
https://t.co/0jdmHI8V9E
This is the key:
Iran took down a US Apache helicopter worth $40 million with a $20k Shaheed drone.
2000 to 1 cost exchange ratio
Unsustainable even with 0 fatalities
USD remains most USED global currency.
Gold becomes most RESERVED global asset.
Behold the new global monetary system, where the "Store of Value" function is separated from the "Medium of Exchange" & "Unit of Account" functions...hiding in plain sight 👇
The Iranian navy, which has been destroyed eight times, has apparently closed the Strait of Hormuz again, because the United States, for the seventh time, won the war that wasn’t a war, so now the United States has to open the Strait of Hormuz that was already open before the not-war began.
The not-war began because Iran had uranium that was totally, completely, beautifully obliterated, so they can’t build the nuclear bomb they weren’t building, which is why the United States had to start the not-war it definitely didn’t start.
Now the United States, which has nuclear weapons, is threatening to use nuclear weapons to stop Iran from getting nuclear weapons, because nuclear weapons are far too dangerous for countries with nuclear weapons to allow other countries to have.
If the United States saw the United States doing what the United States does in other countries, the United States would invade the United States to liberate the United States from the tyranny of the United States.
Oil is still mostly priced in USD.
Oil is > USTs on Maslow's Hierarchy of Needs.
Foreigners owe $13-14tn in USD-denominated debt.
Anytime either USD or oil get "too high", foreigners will sell USTs aggressively.
This is not an opinion, it is an accounting identity 👇
Notice the March estimates of the oil inventory countdown are now occurring
Brace for new “shocks” in June
As everyone starts to see the cliff coming at the same time.
This will only add to Iran’s growing leverage
Today, Trump had a major shouting match with Netanyahu
The reason: Iran’s reaction to Israeli attacks vs Hezbollah
Result: Iran made clear it can protect their proxies
Trump made clear he is desperate
Iran’s power is growing https://t.co/NJDuYK3kV8
Everyone should read what Senior Vice President of Exxon Neil Chapman says about the oil price surge coming in 2-3 weeks
The next wave of the energy shock is approaching fast