A PRESIDENCY UNRAVELS: One damned thing in the Strait of Hormuz

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A PRESIDENCY UNRAVELS: One damned thing in the Strait of Hormuz By J Brooks Spector parkhurst1

Count Otto Von Bismarck, predicting the fateful trigger for a general European war, years before the assassination of the heir to the Austro-Hungarian throne did precisely that.trusty time machine has been out of service for several months, but it is back in action. First, it had to go into the repair shop to fix that tricky flux capacitor. But then, a new problem came along.

By early 2020, it was already becoming clear troubling economic times were coming. There was, of course, the well-known bond interest rate inversion in which investors had been bidding up the short-term bond rate in order to take what profits they could in an increasingly disorderly world, in place of the security of long-term bonds, but lower interest rates.

In the international uproar that followed, it was unclear who had fired those missiles, although the denials, respectively, from Hezbollah, Hamas, the Syrian government, the Iranian Revolutionary Guard and the Iranian government as well, all had a certain equivocal quality to them. The Israeli government maintained a silence, presumably as they weighed options and calculated the reliability of tracking data.

Unfortunately, television cameras, called into the Oval Office to witness serious presidential resolve when Donald Trump spoke with his senior national security team about the crisis, captured, instead, a president whose facial appearance could only be described as a “deer in the headlights” moment.

Meanwhile, the international and economic chaos was obviously affecting the Democratic Party primaries as well, as the left in the party such as candidates Bernie Sanders, Elizabeth Warren and Kamala Harris , and emboldened by the events unfolding all around them, insisted this was the moment for a breakthrough for the left. They were opposed on the primary trail by centrists like Joe Biden, Amy Klobuchar, and Bill Bennett.

 

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