We explore real-life reformation here in this informed, online community.
Most people hear “Hormuz” and think gas prices.
That’s part of it. But it’s bigger. It’s a central artery for global trade, and we talked about how disruptions hit second-order systems fast, including inputs tied to food production (field work and fertilizers), trucking, and downstream shocks in everything from shipping insurance to medicine, medical supplies, medical treatments and regional stability.
This is why the “we’re energy independent so it doesn’t matter” line is naive. In a globally priced commodity world, you don’t get to opt out.
Today's assymetrical warfare: Iran's cheap munitions are taking out American's most expensive aircraft.
One internet observer:
"Iran, still using their pawns, while Israel and the US out there, with only their King n Queen left. Who will fall first?
"5 pawns and a king versus a king and queen in a chess end game, the side with the 8 pawns always wins. 5 pawns is enough. That’s standard.
"In a way, you could call it asymmetrical warfare."
Well, it's not "A quart of wheat for a denarius, and three quarts of barley for a denarius."
It's $400,000 Bentley automobiles. A lot of them. Of all the dealerships in Europe, the one in Kiev is in third place for sheer volume.
Take note of this tragic truth:
"Foreign aid is a mechanism by which poor people in rich countries are taxed to support the lifestyles of rich people in poor countries. The aid primarily serves three Ms—: munitions, monuments, and Mercedes for leaders and cronies."
--- Peter Thomas Bauer, a Hungarian-born British development economist:
Donald Trump this morning announced that “VERY GOOD AND PRODUCTIVE CONVERSATIONS REGARDING A COMPLETE AND TOTAL RESOLUTION OF OUR HOSTILITIES IN THE MIDDLE EAST” have taken place between the U.S. and Iran over the past two days.
As a result, the president has “INSTRUCTED THE DEPARTMENT OF WAR TO POSTPONE ANY AND ALL MILITARY STRIKES AGAINST IRANIAN POWER PLANTS AND ENERGY INFRASTRUCTURE FOR A FIVE DAY PERIOD.”
