⬆️ >> Lots of #financial shenanigans afoot with #DFCInsurance they "already anticipated… because #Lloyds does call #ForceMajeure and the policies drop away…"

This is a long, deep story along a global #fertilizer - #famine axis.

The Architectural Fracture: How #Insurance, Not Missiles, Sealed #StraitOfHormuz…

#US response was financial rather than naval. #DFC announced a $20B reinsurance plan for #Gulf shipping and named #Chubb [check hashtag] as lead insurance partner

https://shanakaanslemperera.substack.com/p/the-nitrogen-trap

⬆️ @Stinson_108

I don't believe #Trump is planning to go into #insurance as a legitimate "business".

The thinking behind "circular" #DFCInsurance program is that shippers will buy supplemental insurance from #DFC, with initial premium money going into the pool of $20B, with the presumption that there will be be lots of buyers who sign up, but losses will happen gradually, giving skimmers time.

Meanwhile, #Iran war will continue, munitions manufactured, #defense contractors paid, and so on

⬆️ @Stinson_108

Of course I don't believe any words coming out the mouths of the #Trump Administration, but oftentimes, it is their body language and tone of delivery that gives the game away.

Look in the thread for the body language of #Bessent when he makes a circular motion to explain the $20B #DFC "circular" #insurance program as a #Ponzi scheme to profit from when #Lloyds declares #ForceMajeure and refuses to pay for ships and cargo lost in the #StraitOfHormuz.