US Perspective on the Iran - Israel / US War
- Thread starter AZ_HighCountry
- Start date
Persian Gulf
INT'L MOD
Pakistani Dragon
Elite Member
But, but, IRGC fanatics said the US had lost and totally withdrawn from the region, never to return again.
hussain0216
Elite Member
I've been posting these videos for months and months
Trying to explain, that times have changed and it's not missiles that are the big weapon it's the ECONOMY
And the economic fallout for the U.S and world
The U.S is 40 TRILLION in debt and it's in trouble
I just hope Iran can force a positive outcome where it has a stable economy itself
Pakistani Dragon
Elite Member
- Oil demand has reduced.
- Alternative routes are also being used.
- New oil suppliers have emerged at the expense of the Middle East.
Pakistani Dragon
Elite Member
People have been saying that since the 1970s.
It's always about the economy.
The world is still trading in the trillions.
I am sure some people screamed when it reached $1 trillion. Then again when it touched $2 trillion, then $4 trillion, nobody remembers $8 trillion, what about $16 trillion?
From $32 trillion to $40 trillion. Who exactly cares when the US can afford to just mint a $1 trillion coin.
Trillion-dollar coin: Wikipedia
F-22Raptor
Elite Member
40 tankers and 16M barrels of oil through the Omani corridor last night. Iran has almost no leverage left
F-22Raptor
Elite Member
The US is a $32T economy, with strong growth and productivity, the most innovative economy on the planet, near record high stocks, and the deepest most efficient capital markets in the world with market capitalization over $80T.
People saying the US economy is in trouble are wishcasting.
F-22Raptor
Elite Member
hussain0216
Elite Member
You can't just print money, not when no one wants to boy your debt
It will cause inflation to sky rocket and the interest payments on 40 TRILLION will be incredible
People can count tankers all they like , the only thing that matters is the oil price . What price can you buy a barrel and from where is the most accurate estimate of the situation .
F-22Raptor
Elite Member
Oil prices are below war peaks and while somewhat elevated nowhere near levels that would be economically unsustainable.
Pakistani Dragon
Elite Member
America can continue to print money—and they have.
Why hasn't it all crashed already, with the US having $40 trillion in debt? Why isn't there any panic, and why hasn't the world pulled its financial assets out of the US?
In the late 1960s and early 1970s, European countries began withdrawing their gold from the US as confidence in the dollar's convertibility into gold weakened. In 1971, Nixon ended the dollar's convertibility into gold.
What happened next? By 1974, a new system was emerging: gold was effectively replaced by black gold. The petrodollar era had begun, and it has broadly remained that way ever since.
So where's the change? Where's the shift?
How much of the oil is being sold in other currencies?
Ask yourself the question, why isn't Iran able to sell its oil in its own currency for the last 47-years?
Users who are viewing this thread
Pakistan Defence Latest
Country Watch Latest
-
-
-
-
-
Bangladesh Keen To Join Saudi-Pak-Turkey Defence Alliance, Says PM's Top Aide (10 Viewers)
- Latest: SoulSpokesman