Shags101
Trusted Member
US approves potential $1.98 billion sale of counter-drone systems to Kuwait
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However bad the economic position is for the US, the economic impact for Iran is a million times worse, and this will only show in time. For now, the war atmosphere is hiding it because when you are attacked you have bigger problems, but eventually when there is peace, there will be an economic reckoning, so any economic concessions from a peace deal will need to be massive to help Iran.Not sure though I expect many of the professionals delved into some of the same, or better, sources that I do and came to the same conclusions. FWIW, the biggest hit was in the tech sector.
Alternatively, it is the weekend. The traders were looking for some quick profits in order to have cash for the weekend.
Yet, when I look at the beige book and knowing that fuel stocks, especially gasoline, have been in a steady decline since Nov., that is concerning.
here we go again ...
the US is escorting oil tankers through the Strait of Hormoz
Iran fires drones at the tankers, the US intercepts them and bombs the launch point in south Iran (typically Qeshm Island or Bandar Abbas)
then Iran responds by firing larger missile and drone salvos at US bases in Kuwait/Bahrain to destroy USAF drone/aircraft hangars
Good points, and I agreed- strategic patience or acceptance of random ceasefire only means your adversary gets another lucky and underserving chance to prepare better to destroy you,ask Russia.Seems like Iran setting a new deterrence equation. For every strike against Iran, the Iranian response to US interests in allied nations will be stronger.
Very good precedent. If this war has done one good thing, it would be that the doves are no longer in charge. "Strategic patience" has been thrown out where it belongs, which is the dustbin of history.
Why did US expect this war for 47 years but then failed to prepare well for it? That's why Iran won- it was actually better prepared for this expected war with US. or maybe orange soda idiot made stupid decisions for US which is expected from a super idiot of his type who without white privilege would've been jailed for life a while ago in US.
Interestingly, I commented on this earlier this morning when the usual posts of great cheer went up. Copying in its entirety:
OT You can find work but as a contractor and will require either relocation or travel. Just be a bit more flexible. Delete that linkedin entry about retiring. Grey hair is not necessarily a bad thing in today's market as many of the youngens suck at working and businesses have grown tired of layabout offshore workers too. The AI hasn't delivered anything revolutionary so far , and with the billing change to token usage, is proving a very expensive tool.Offtopic but... Well, today I had my latest job rejection. Mainly because I refuse to work from anywhere but home and in today's tech job market, that's a big challenge. Plus a couple of weeks ago, on LinkedIn I made my desire to retire from working. That won't help me. Plus, nobody is going to hire a man with my grey hair with my expectations in this tech job market.
But, hey, I saved enough to ride it out for the next 14 months and have a juicy investment to harvest then. To the youngens workers, to quote from The Game of Thrones: "I wish you good fortunes in the wars to come".
Turks and kurds are both in the pockets of Israel.Israel really used its so-called allies as puppets and cannon fodder in the war.
"The secret deployment to Azerbaijan, reported by CNN for the first time, was one of several military positions Israel maintained across the Middle East that gave its military unprecedented reach, highlighting the role Iran’s neighbors played — some with permission, some likely without — in facilitating operations against Tehran and becoming entangled in the conflict."
It should be a moment of shame for Azeris, if Israelis setup a covert base in their country without their knowledge or permission. It shows they used your country as a tissue paper for their war.
This was Trump's personal war. It was not the 'US': For almost half a century, every American President denied the Israeli desire for this war until the Trump II Presidency.
So much so for the 'oldest democracy of the world' and the 'best meritocracy of the world'. An ideologically driven and/or a personally compromised President launched a war at the behest of a foreign power and the result is an unmitigated disaster for America's standing in the Middle East, at least, and probably far beyond that.
Qureshi?.......really?.........