Trump allowed himself to get dragged into Israel's war of choice and we all get to pay its bills. MAGA my arris. So when your fuel's gone up, your flights cost double, your 401k gets ravaged, and the world becomes far more dangerous just remember the acronym: TIT: Trump Israel Tax And don't forget: The idiocy of Trump The incompetence of drunk-boy Hegseth The deranged madness of MAGA The evil of Netanyahu The Financial Times leader today, as on most days, nails it. Trump has met his Portaloo. Sadly after a lot of fiddling I got back over the FT paywall but the archive still doen't work or I would give you the whole op-ed. Here's the taster. There's a faint whiff of Vietnam in the air - yet another war where US won every battle but lost the war - but then US was triumphant and unmatched financially and industrially and whatever you thought of their leadership they were competent in the extreme. We are witnessing a car crash of epochal (nay Bibilical) proportions. China couldn't hope for a better position - a west distracted in eastern europe and the middle east. whilst Putin cackles maniacally whilst oil goes through the roof and Trump relaxes sanctions. Thankyou for your attention to this matter. https://www.ft.com/content/93b7b65d-074b-4e8b-807f-5c27c7362213 Unless the US is prepared to invade Iran to remove the Islamic republic’s leaders and then stay there to ensure stability and security, confidence in the Gulf will only return if the US and Iran arrive at a durable ceasefire. The pressure is building on Washington to seek one. It is not just Gulf states that want an end to the fighting, but also countries across Asia, Africa and even Europe, all of which fear serious economic crises unless the fighting stops soon. In recent days, the US and Israel have increased the pace and intensity of their bombing campaign on the assumption that they can force Iran to collapse or surrender. The Iranian regime is in turn prepared to wage asymmetric warfare on the global economy for long enough to persuade Washington to view a political settlement as the only option. Iran says it will only accept a ceasefire with international guarantees for its sovereignty, which would probably mean a direct role for Russia and China. It may also demand compensation for war damages and a verifiable ceasefire in Lebanon. The US would then have to agree to some form of the nuclear deal it left on the table in Geneva in February and commit to lifting sanctions. Iran’s leaders entered this war with the goal of ensuring it will be the last one. Either it breaks them or radically changes the country’s circumstances. They are betting on surviving long enough and squeezing the global economy hard enough to realise that goal. As you were.
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