Did we really go from "the Strait of Hormuz is open" to being closed again already? And for what, so the Friday headlines would get the market numbers to go up before the weekend?
This is exactly how I expect a declining empire to operate. Do everything to keep up appearances while being ineffectual at maintaining anything long term. No one is going to remember Number Go Up in the future, but they are going to remember the actual decline in standards of living.
@houseoftolstoy By monday, they will surely be open again, only to close on friday. ;)
@h4890 not so sure about that, as I doubt Iran is in on keeping the empire propped up. But I think they allowed it to be "open" for a bit just to see if the US and Israel would abide by their word. Slim chance of that, and I am sure they knew it too.
United States tried to stop trade with Iran for years
But when Iran interferes with United States trade people whine
This is Trump's screwup, though not his alone. The US empire was already failing, and the events putting that in motion were before Trump was even president the first time. Biden also made things worse by trying to paper over the economic problems, but now we are seeing these tactics of the Biden administration being used in the Trump administration, I was not a fan of it under Biden, and I am not a fan of it under Trump. Eventually we cannot fake our way through economic reality.