If you're watching the news this morning you're being told there's a breakthrough in the Iran war, a "ceasefire", a "memorandum of understanding".
But here's what they aren't putting in the press releases: Iran has just laughed the whole thing off. They called it a "ridiculous spectacle"
Why would they do that? Because they can do math. Think about the logistics here. "Project freedom", that is escorting 2 or 3 tankers or cargo ships at a time, sounds heroic until you look at the ledger. We are shooting down $20K drones with $4.3 million missiles that are now in short supply. And no matter what the *administration says our ships are taking damage. That's not a military strategy, it's a financial suicide mission. Over a billion dollars every time they run the course.
The US is trying to call a "diplomatic pause" because they realized they are acting like a billion dollar missile sponge and they know they can't sustain the burn rate.
They claim the Iranian nave has been annihilated, but they are the ones called the pause. Anyone who has been a round the block a few times can see that this is a delaying tactic.
And as a side note it is also market manupulation. I bet when we get around to looking you will find many trades happened just minutes before the announcement that caused the price of oil to dip, and many more will happen just before it starts to rise again.
But here's what they aren't putting in the press releases: Iran has just laughed the whole thing off. They called it a "ridiculous spectacle"
Why would they do that? Because they can do math. Think about the logistics here. "Project freedom", that is escorting 2 or 3 tankers or cargo ships at a time, sounds heroic until you look at the ledger. We are shooting down $20K drones with $4.3 million missiles that are now in short supply. And no matter what the *administration says our ships are taking damage. That's not a military strategy, it's a financial suicide mission. Over a billion dollars every time they run the course.
The US is trying to call a "diplomatic pause" because they realized they are acting like a billion dollar missile sponge and they know they can't sustain the burn rate.
They claim the Iranian nave has been annihilated, but they are the ones called the pause. Anyone who has been a round the block a few times can see that this is a delaying tactic.
And as a side note it is also market manupulation. I bet when we get around to looking you will find many trades happened just minutes before the announcement that caused the price of oil to dip, and many more will happen just before it starts to rise again.