Article History
Iran vows 'crushing, more destructive' attacks on US and Israel after Trump threats
Via: Nerm_L • News Viners • 1 Comments • 2 Likes • 7 months ago
The reviews are in. President Trump's Big Beautiful Prime-time Covfefe did not impress Iran or the rest of the world. In fact, Trump may have made the situation worse.
John Roberts told Donald Trump exactly what he thinks
Via: Nerm_L • News Viners • 3 Comments • 4 Likes • 7 months ago
Chief Justice John Roberts failing to acknowledge the presence of President Trump must have really burned. It seems Solicitor General John Sauer has already lost the argument by trying to politicize it.
What the US economy stands to lose if Chinese EVs aren't let in
Via: Nerm_L • News Viners • 1 Comments • 1 Like • 7 months ago
“Economist Noah Smith said demand for electric vehicles could accelerate battery production and other key technologies.”
Noah Smith is a neoliberal trying to disguise himself as an industrialist. Smith's short-sighted advice is why the United States is no longer competitive. A financialized economy simply cannot compete with an industrial economy. Stockholder interests rarely align with national interests. Noah...
Iran war costs grow as key U.S. systems are knocked out
Via: Nerm_L • News Viners • 2 Comments • 2 Likes • 7 months ago
The number of losses after a month of active combat are almost trivial. But the US reliance on high-tech systems makes the cost enormous. So far, the US has lost ~$5 billion worth of military assets. And that doesn't include non-combat damage to the USS Gerald R. Ford.
Trump lashes out at allies as Iran war drives fuel prices higher
Via: Nerm_L • News Viners • 13 Comments • 5 Likes • 7 months ago
“President Donald Trump tells allies to "go get your own oil"”
President Trump has abandoned "Drill, baby, drill" to impose a more fitting rally cry onto Republicans -- "Steal, baby, steal". On the bright side, Trump is beginning to clarify the reason for attacking Iran was really only about the oil.
Pete Hegseth says "upcoming days will be decisive" in war against Iran
Via: Nerm_L • News Viners • 3 Comments • 3 Likes • 7 months ago
“Defense Secretary Pete Hegseth and Joint Chiefs Chairman Gen. Dan Caine held a news conference at the Pentagon as gas prices in the U.S. continued...”
Decisive but inconclusive. Has anyone noticed Pete Hegseth only announces decisive attacks for tomorrow? We're supposed to ignore the month of inconclusive yesterdays.
Will Iran Sink the Petrodollar?
Via: Nerm_L • News Viners • 1 Comments • 3 Likes • 7 months ago
“The crisis in the Strait of Hormuz exposes a monetary strategic vulnerability.”
Collapse of the petrodollar may not be imminent but the signs of structural weakness can't be ignored. The conflict with Iran spotlights the yuan as a replacement. However, we shouldn't ignore that Saudi support for exclusive dollar-pricing has become uncertain. The Arab states accepting...
