Post #76665 by Goofyhoofy on the US Policy board

Halls of Shrewd'm / US Policy

Unthreaded | Threaded | Whole Thread (64)

Post New | Post Reply | Report Post | Recommend It!

No. of Recommendations: 9

Speaking of white, apparently posted just before market open this morning:

Iran has just informed us that they are in a “State of Collapse.” They want us to “Open the Hormuz Strait,” as soon as possible, as they try to figure out their leadership situation (Which I believe they will be able to do!). Thank you for your attention to this matter! President DONALD J. TRUMP

So curious. Because the banner headline in today’s WSJ is

“ Trump Tells Aides to Prepare for Extended Blockade of Iran

The president prefers decisive victories, but none of the available options provides him with a swift exit from the conflict President [Trump] has instructed aides to prepare for an extended blockade of Iran, U.S. officials said, targeting the regime’s coffers in a high-risk bid to compel a nuclear capitulation Tehran has long refused. In recent meetings, including a Monday discussion in the Situation Room, Trump opted to continue [squeezing Iran’s economy] and oil exports by preventing shipping to and from its ports. He assessed that his other options—resume bombing or walk away from the conflict—carried more risk than maintaining the blockade, officials said. Yet continuing [the blockade] also prolongs a conflict that has driven up gas prices, hurt Trump’s poll numbers and further darkened Republicans’ prospects in the [midterm elections]. It has also caused the [lowest number of transits] through the Strait of Hormuz since the war began.

https://www.wsj.com/world/middle-east/trump-tells-...

I started a thread about it on the Macroeconomics board, but it seems appropriate here too, especially in light of the two statements emanating from the White House which are 180° opposite each other.

Post New | Post Reply | Report Post | Recommend It!

Print the post

Unthreaded | Threaded | Whole Thread (64)

Prev | Next

Announcements

US Policy FAQ

Contact Shrewd'm
Contact the developer of these message boards.

A community forum supporting civilized, and highly helpful, self-educating investors that come together for Shrewdness and merry spirits. These message boards closely follow the look and feel of the old message boards at boards.fool.com prior to the boards redirected to discussion.fool.com. Shrewd'm is not affiliated with the comprehensive and excellent investment website, The Motley Fool (TMF), in any way. The Shrewd commmunity here has owed, and continues to owe, gratitude to The Motley Fool for nurturing a culture of jovial irreverence towards Wall St, and that tradition will continue here.