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History suggests governments eventually resolve prolonged chaos the old-fashioned way: war. Whether that’s in Eastern Europe, Asia, or somewhere else, the risk is rising. For now, all we can do as individuals is insulate ourselves—financially and geographically—from, as Doug puts it, “the elephants trampling the grass.”
I’m glad to be in Uruguay. Doug Casey’s glad to be in Argentina. Here, the pace is slower, the politics are less theatrical, and the news cycle doesn’t try to kill you before breakfast.
But the U.S.? The republic is gone. The empire is in the open. And under Trump 2.0, chaos isn’t a bug in the system—it’s the system.
Matt Smith
Better a poor and wise youth Than an old and foolish king who will be admonished no more. Ecclesiastes 4:13
Question:
Or what king, going to make war against another king, does not sit down first and consider whether he is able with ten thousand to meet him who comes against him with twenty thousand? Luke14:31
Answer:
A king who watches too much FOX TV, reads too many Marvel comics, pays attention to the New York Times, and watches too many Hollywood political thrillers.
The narrow strait is the most important chokepoint for the world's oil supply. Some 21 million barrels — or $1.2 billion worth of oil — pass through the strait every day.
Will a closed Strait hurt Iran? In terms of international oil sales, yes, but in terms of daily life, no. Iran pumps 3.5 million barrels of crude oil per day. The situation at this hour:
