USA

Hole in the global energy supply…

The idiot crew around Donald Trump may have been so focused on personal enrichment schemes that they didn’t bother to examine the medium- to long-term effects of waging war on Iran. Patrick Boyle makes a key point (8:56) when he talks about “…the hole in the global energy supply that no amount of diplomatic pressure can fill…”

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While Trump’s adventures in Iran and elsewhere may be great for the military-industrial complex that outgoing President Dwight Eisenhower warned against in 1961, America’s deadly wargames will cripple the economies of uninvolved nations.

USA’s last wise President?

Categories: USA

2 replies »

  1. Unfortunately, the financial markets have morphed into the largest casino on the planet. Trading no longer is connected to the underlying economy. Currently, the financial markets are valued at approx $500 trillion while the value of global GDP is only $100 trillion. This means that $400 trillion is sloshing around not producing any tangible goods or services. In other words, it is effectively gambling, ie placing bets. One day , sooner than later, the markets will correct. Fasten your seatbelts. Below is a pretty good, and entertaining, video on how shadowy the financial markets have become.

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