James Gleick1d ago

Do you understand why Trump has lifted the oil sanctions that were punishing Iran, the country he’s bombing, and Russia, the country that’s helping it?

Do you understand why Trump is sending 5,000 Marines to sail through the Strait of Hormuz while complaining that none of our friends and allies will help him reopen it?

Here's the whole explanation.

https://no01.substack.com/p/march-19-21-god-is-a-comedian

March, 19-21: God is a comedian

A stiff drink is recommended

Gold and Geopolitics
Show threadspdrnl

@gleick Unimaginable, unbelievable, yet true.

"The entire post-1973 petrodollar deal was simple: Gulf sells oil in dollars, America provides the security umbrella. The umbrella is on fire. The refineries are on fire. ... The petrodollar was already the payment..."

And yet, according to this blog, the US is now paying for oil in Yuan to quiet the situation down.

If that is true, the humiliation is complete.

Mar 22 at 1:36pmWeb
Show threadFugue State Machine Moto1d ago
@spdrnl @gleick Complete? No, no, I’m sorry to report we’re scheduled for at least three more years of humiliation. As long as agent #Krasnov and his cronies are designated leaders instead of inmates, their victims will be subject to ever worse depredation.