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Trump's war in Iran is going to sweep us all into the gutter.

Oil prices have started to come down for a worrisome reason. It's like the tide going out along the seashore, an ominous phenomenon heralding the approach of a tsunami that wipes out everything. The aftermath will be a global economic wasteland.

The largest oil shock in history caused prices to surge. Now they're so high that they have inducing "demand destruction." As a result of the acute energy commodity shortages stemming from the closure of the Strait of Hormuz, oil appears to have reached a point where it is now so expensive that overseas businesses and households have begun curbing investment and consumption. That means slower economic growth that is expected to bring about a depression far worse than the last one: The Great Depression in 1929.
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sree251 · 41-45, M
@swirlie

1) the US interest that is being protected over there is 'Israel' and always has been.

This is the general supposition. What is the reason, though? There is talk that Trump is controlled by zionist Jews both in the US and in Israel. If Trump cooperates, he gets rewarded with wealth; if he doesn't cooperate, he and his family get it in the neck by you know who.

My surmise is that Israel and the US have selfish reason to work together.

Israel has been the highest recipient of US financial assistance since WWII who are given a whopping 1% of US GDP annually as a free handout.

That 1% is not free money. It goes to securing control of the Middle East. The US need this as a hegemon and world superpower. Israel need this to protect its own survival in a world that hates it. So, that 1% goes to suppression of any resistance to US/Israeli domination.
swirlie · 31-35, F
@sree251
1) the US interest that is being protected over there is 'Israel' and always has been.

This is the general supposition. What is the reason, though?

The US provides annual financial support to Israel primarily to bolster a key strategic ally in the Middle East, to ensure regional stability and to share Intel and security technology. The financial aid, mostly military funding, serves US interests by funding American defense manufacturers, aiding joint projects like the Iron Dome and supporting regional deterrence against adversaries like Iran.

The majority of US aid, often referred to as Foreign Military Financing, is used by Israel to purchase advanced American-made weapons and defense equipment, creating jobs and supporting the US defense industry.

The US uses this funding to maintain a balance of power and counter the influence of Iran and affiliated militant groups in the region.

The US has provided over $300 billion in total assistance to Israel since 1948. While the vast majority is for military purposes, this financial support enables joint research, development and security cooperation that contributes to US security interests, or so the legend goes.