I’m not an economist, but some of these guys are. I think what they’re saying runs something like, All wars are bankers wars—non bankers get hammered. Or maybe we could describe this as a juggling act. Is Trump and economist? Would you hire him to perform a juggling act? See what you think.
Chris Martenson @chrismartenson
18h
Our markets have basically become signaling devices used by the power structure to tell the world that the world approves of what they’re doing.
There are many of us who believe there was an invisible hand helping the stock market go higher, and the oil price go lower.
Long form version. Both the short and long forms explain the juggling act. You’re part of the act, but it’s hidden from you and you get no say in being part of it:
Trump suddenly caved in to Iran, and the reason is that he was finally informed by someone that just a few more weeks of the Strait being closed would result in a massive global economic catastrophe. Whew!
Here’s how former Soros lieutenant Bessent explains that all wars are bankers wars, wars to make the world safe for Anglo-Zionist financial domination. Of course, what Bessent is telling us is that he has four balls in the air simultaneously and indefinitely. This is accomplished by stopping the BRICS breakout—which is led by China. China must be brought back into subjection to Anglo-Zionism. The key to keeping all those balls in the air is getting Iran to agree to settle in dollars. Don’t count on that. Behind the super confident rhetoric of Trump and Bessent lies danger. The Chinese keep buying gold. They understand the juggling game, and my bet is they’ve explained it to Tehran, just in case the Iranians were in any doubt.
Luke Gromen @LukeGromen
20h
Bessent just said on CNBC that the dollar invoicing of oil was a factor in Venezuela, Iran, and Ukraine/Russia policy decisions.
Such wrongthink was previously considered solely the purview of “conspiracy theorists.”
Rapid Response 47 @RapidResponse47
@SecScottBessent: “Dollar dominance is essential, and everything @POTUS is doing here — if you look, the new Venezuela... the dollar is going to be the centerpiece of their trade... We’re seeing in the Iranian negotiations, the Iranians will be invoicing in dollars. Everything we are doing is pushing the dollar back... we’re reinforcing it.”
Economists are noticing some really weird stuff going on, which ties back in to Chris Martenson’s observations:
Philip Pilkington @philippilk
Oil inventories and prices have very high negative correlation. In the last few days that correlation has flipped to being positive. We are now supposed to believe that as inventories empty, oil prices go down. Clown world.
HFI Research @HFI_Research
10h
Oil prices are falling with inventories!
Logic!
This is key to the US debt situation—or so it seems to me:
Philip Pilkington @philippilk
It is now extremely obvious that the goal of the oil price manipulation is to try to drive US borrowing yields down as much as possible.
Meanwhile, while all this juggling is going on, Bessent is laying out the goal: resource dominance. Because even bankers understand that the system ultimately rests on something other than just paper. He calls it “economic statecraft.” If you think that’s a recipe for more war, you’re on to something, because dollar dominance doesn’t flow naturally from American self sufficiency. If it did, well, Venezuela, Iran, Russia …
In Chinese fashion we could name Bessent’s plan for continued Anglo-Zionist world domination as The Five Dominants. Make no mistake about this, it means subjugation for the rest of the world. This is emphatically not simply getting a “fair deal” from all the supposed “cheaters” out there in the world. It’s about getting them to pay off our debts and surrender control over their own economies to us.
Supply chain dominance
Dominance over the terms of trade
Dominant control over intellectual property
Maintaining USD dominance of finance
Dominate the little people, lest they become restive
War is usually good for bankers, and sometimes it’s absolutely necessary. This should help explain all Trump’s MOU maneuvering.
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Ghalibaf smacks down Trump's fantastical nonsense with his customary savoir faire.
I give this public "MoU" debate another day or two before it collapses from its incoherence.
The Americans can't accept the terms as written.
The Iranians won't accept them redefined.
More war.
.
If the Iranians submit to the emerging American terms of the "Memorandum of Understanding" as Trump, Bessent et al. are aggressively redefining them, they will lose every ounce of international respect they gained over the course of the past four months.
Tucker says this Trump is the same Trump he's always known. That he's not demented and he's plenty smart. He knew and understood all the risks involved in war on Iran and went in with his eyes wide open. Tucker just doesn't get why Trump did it.
I don't see Iran submitting to the USD:
Will Schryver @imetatronink
2h
Ghalibaf smacks down Trump's fantastical nonsense with his customary savoir faire.
I give this public "MoU" debate another day or two before it collapses from its incoherence.
The Americans can't accept the terms as written.
The Iranians won't accept them redefined.
More war.
.
If the Iranians submit to the emerging American terms of the "Memorandum of Understanding" as Trump, Bessent et al. are aggressively redefining them, they will lose every ounce of international respect they gained over the course of the past four months.
Listening to DD and Tucker.
Tucker says this Trump is the same Trump he's always known. That he's not demented and he's plenty smart. He knew and understood all the risks involved in war on Iran and went in with his eyes wide open. Tucker just doesn't get why Trump did it.
Maybe this post helps explain.