Charlie McHenrySo let me get this straight… #WallStreet is having a ‘relief rally’ because hopeful (read ‘greedy’) investors are eager to profit from the #IranWar ending soon. They’re straining at the bit to get back to business as usual, raking in those revenues & fueling the fires of #capitalism. It is accurate to say this irrational exuberance lacks any rationality, as it will take months, perhaps years, to recover from the damage already done. And don’t forget…the status quo before the war was fragile and not sustainable by any measure. Global supply chains have been disrupted; farming cycles fractured; alliances disordered; and the entire #PetroDollar platform upended. When all is said & done, the Chinese #Yuan (RMB) may emerge as the new global currency. Then there’s #ClimateChange and the ensuing #WaterWars and mass migrations to factor in. #Trump has managed to screw up the entire world order. TBH, I’d be shorting the market because I think major shit has yet to hit the fan. #Investing #finance #economy
FunGuy2PlayWithPetrodollar DYING - Deutsche Bank Warns Iran War 'Catalyst,' Yuan Replacing Dollar in Oil
#HouseofEl
For 50 years, one rule defined global finance: oil flows, dollars follow. That rule is now being tested in real time—and even Deutsche Bank is warning the system may be starting to crack. #Geopolitics #Petrodollar #Petroyuan
DrALJONES
JeremyJupiterJones 