- Iran didn't control the Strait of Hormuz, now it does
- Iran's oil was sanctioned, now it isn't
- Iran was not building a nuclear weapon, now it will
- US bases in the Gulf were assets, now they're liabilities
- Inflation was declining, now it's rising
- No more wars became WW3
Absolutely correct. America's WW2 began because the U.S. cut off Japan's oil, which is exactly what the U.S. is doing right now to the world.
By cutting off natural gas, oil and fertilizer from Europe, Australia and Asia, not only do you create a food crisis later this year, but you also essentially shutdown the global economy due to high input costs and scarcity. It also crushes consumer spending.
The ripple effects of energy shortages lead to sovereign debt crises as nations must sell foreign treasuries due to liquidity shortages, which is why this will force Europe, etc to join the war.
What begins as shortages can manifest itself into a massive deflationary bust.
As the early 1970s was plagued by war (Vietnam), stubborn inflation eroding bonds, and an oil crisis..
TODAY those similarities are uncannily similar.
We have the Iran war that's causing an oil crisis with no end in sight for now. That's spiked oil up significantly (recent moves have seen WTI surge over 70% and it looks set to head higher.
We have inflation issues, growth issues, and a stock market that has mirrored the trend a measured move ...just as was seen in the 70s.
If we wrap it all up in absolute terms, today's crisis is much worse due to valuations (which weren't an issue back in the 70s) and unprecedented debt that's expanding exponentially to dire levels.
To conclude...This setup screams caution.
The parallels to the 1970s stagflation era are too close for comfort, but amplified by sky-high valuations and a mountain of debt that leaves far less room for error.
Rising yields (like the concerning moves we've seen in the Euro 10yr bond AND across the globe ), spiking energy costs, and narrative-driven volatility can maul equities fast especially if the war escalates or oil supply disruptions drag on.
Yours truly,
The Great Martis.✨
For one's private perusal ..enjoy.
Israel and Zionists literally going crazy right now 😭🤣😂
This published on YouTube with 20m followers channel, just on YouTube
Entire internet going viral with this today