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Old Yesterday | 06:20 AM
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bababouey
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Originally Posted by LonesomeSky
Today, Oil prices are up after Trump shot down Iran’s latest offer. The SoH has been closed since late February with no signs of a resolution anytime soon. Also, it appears that the US military is unable to open the Strait without investing significantly more assets or landing troops on Iranian soil.

The US economy remains strong. Over the past week, the Iran story has managed to sink below headline level for several days. Meanwhile, in Iran, there are no signs of instability. Their economy is in shambles but Iran is used to this. They fought a long war with Iraq as well as withstanding decades of economic sanctions. Iran has a strong secret police force, an unarmed populace, and a core of true believers in the revolution. That government has staying power.

Are we in a stalemate?

What happens if the airlines continue to hemorrhage cash while the rest of the US economy keeps chugging along happily?

Which airline goes bankrupt next? JetBlue?

As an Alaska pilot, I see our JCBA getting delayed indefinitely, profit sharing going to zero, and the risk of furloughs starting in September. This war will cost me at least $50k in income over the next twelve months. How much will it cost you?

I would like to see us prevail in Iran, but by going to war without congressional approval, without the support of the majority of Americans, and without the support of our allies, Trump has given himself weak negotiating position.
We're in a tough spot, but Trump willingly went along with the Israelis opening strike. I imagine he felt it would be easier to control the conflict if we were a belligerent. I thoroughly believe he has lost interest in this fight, and is just looking for an escape route, but he has said "no nukes" so many times, even he fells he has to come away with that agreement. We're not going to invade, and our economy craters with long term elevated oil prices, I guess we'll just keep bombing "irrational" people until they suddenly become rational.
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