DrALJONES17h ago

Analysis: "Suez was the death knell for the British empire. Hormuz may do the same for the US."

It "risks repeating the 1956 Suez crisis, which hastened the end of sterling as a global reserve currency & forced imperial retreat".

"Empires decline when their military reach outpaces their political strategy..their economic foundations weaken..

.."& when the people they seek to dominate endure long enough to outlast their overwhelming force."

https://www.middleeasteye.net/opinion/suez-sounded-death-knell-british-empire-hormuz-may-do-same-us

#USPol #EUPol #Iran #Suez .

Suez was the death knell for the British empire. Hormuz may do the same for the US

As confrontation with Iran escalates, Washington risks repeating the 1956 Suez crisis, which hastened the end of sterling as a global reserve currency and forced imperial retreat

Middle East Eye
Show threadfourmiune16h ago

@DrALJONES c'est déjà ..... l'ère du renminbi a commencé !

it is already ..... the era of the renminbi has begun!

Show threadDrALJONES

@fourmiune

Hope for the best...

But remember to prepare for the worst.

1. Britain's 1950's debt was real. America's 2020's "debt" is not (as a currency issuer, US can not run out of USD).

2. A gang of fascistic psychopaths is eminently capable of nuclear attack.

4:37amWeb
Show threadfourmiune16h ago
@DrALJONES 1945 again 😅