U.S. President Donald Trump and Israeli Prime Minister Benjamin Netanyahu’s illegal Iran War that they launched against Iran on 28 February has inflicted severe economic damage across the globe, and now, with President Trump escalating the war, a very bad economic situation has – and will – become much worse.
During this fiscal year that began on 1 October, the U.S. government has been borrowing an average of $39 billion a week, running up a budget deficit so far of almost $1.4 trillion, and is now paying $23.8 billion a week in interest on that debt, Fortune magazine reported.
A top Iranian commander said in a statement Tuesday that the Strait of Hormuz will never be reopened through military means and that the “aggressive and corrupt president of the United States must learn to respect international law, the rights of nations, and the dignity of peoples.”
Israel ramped up its attacks in southern Lebanon last week and showed no signs of withdrawing, despite claims from the Trump White House that progress had been made in the country.
When war expands, oil surges, markets crack, and fear enters the system.
While issues like Israel and opposition to President Donald Trump have played key roles in propelling the successful campaigns of Democratic socialists in recent primary elections, the main driver, according to strategists and leaders of the movement, is how people are being priced out of life because of the increase in the cost of living.
We maintain our trend forecast for a Dot.com Bust 2.0 which will result in a massive crash in the heavily overvalued equity markets.
Security officials and geopolitical experts told The Washington Post that the Iranian government was pushed to “the brink” after the U.S. and Israel killed Ayatollah Ali Khamenei, but, four months later, the country’s new leadership has the support of the public and is more “hardline” than before.
As our nation, its middle class, is being systematically wiped out… the Epstein Class places ITS signature(s) onto ITS masterpiece of destruction.