No. of Recommendations: 14
On Meet the Press today, Senator Chris Murphy (D-CT) said: “We’re gonna give Iran $14 billion to fund this war with the United States? We’re gonna give Russia billions of dollars to fund their war with Ukraine? We’re literally putting money into the pockets of the very nations that we are fighting right now. We’ve never seen this level of incompetence in war-making in this country’s history.”More importantly, they have given Iran, Russia, and China motivation to keep this war going, to give Iran as much under the table help as possible to keep it going.
If recent reports are accurate that Iran is considering allowing limited tanker passage only if transactions are settled in Chinese yuan, then the issue at stake is no longer merely the movement of ships. It is the future architecture of global energy finance. asiatimes.com - Irans hormuz yuan play a direct hit on the petrodollar I am sure China is salivating at that.
We live in incompetent times. It has always astounded me at how our Gov't has failed to think through their actions to include the ramification of possible, and mostly predictable, unintended consequences. Now it seems we have a gov't that simply fails to think.
IP
