Originally Posted by
Trip7
Iran has “shut-in expertise” and has handled this before without permanent field damage in most cases. The patience of the IRGC far exceeds the patience of everyday Americans who were already stretched pre-war. The IRGC are well aware of:
- $200 oil impact
- US Bond market fragility
- Nov Midterms
Gas prices are approaching $5
Diesel $6
jet A headed to the moon and has several airlines on life support
Pentagon estimates 6 MONTHS to clear the Hormuz
if the Pentagon’s estimate is true deep global recession becomes the base case scenario with a global depression a concerningly high probability
We should book mark this post and come back to it in a year. Similar doom and gloom was said regarding the tariffs. Is it possible? Sure. I think it’s unlikely though