BillHolter.com

Bill’s Commentary:

“Erik writes in with a diatribe because I believe the US is winning the battle by wiping out a good portion of Iranian assets, but will lose the war. The US loses the war (and all support for it) with boots on the ground, financially as energy prices and ultimately rates skyrocket. The current “excursion” may very well lead to the dollar losing world reserve currency status. We are spending money we do not have, for that matter, we cannot and have not been able to complete any year in my lifetime (1999 was smoke and mirror accounting) without borrowing to do so. The reputational damage is huge, while the BRICS is forming, the colonialism and all the rest including the theft of $300 billion worth of Russian owned US Treasuries. The rule of law (international) has suffered badly!

From a tactical standpoint, what will Taiwan do should China decide we have shot ourselves in the foot enough? Why interrupt your enemy when he is in the middle of destroying himself? Iran is pivotal for the Silk Road, how long will BRICS wait on trade lanes to reopen? The US is so levered, any misstep in the script can turn into a bank run/margin call that cannot be met; the entire system will be margin called.

I commented, “I disagree with Erik on this one. I believe he is wrong in the short run but right in the long run, but for different reasons. Iran is getting the snot beaten out of them currently and there may not be much left afterwards.” I just explained above why I disagreed with Erik, we are winning the battle, but financially, economically and also militarily will lose this war. I have criticized Trump many times since inauguration. The “peace president” has not happened. So many instances – like building an Israeli beach front resort in Gaza – are beyond belief, the Colonialism is shameful, and there is much more. That said, I sort of like illegal aliens being deported, gangs being arrested, and the border being closed. I also like that only women can play in women’s sports and “woke” being called for what it is, a mental disorder. I also like that fraud, NGO, voter, and within government is being unveiled. There are other things Trump has done that I approve of and many more that I do not. I am not under any misconceptions. I am certainly not a leftist retard, nor am I MAGA crazy. I try to see both sides and sometimes it only takes 2 seconds to figure it out. I am also a Christian and do not understand how anyone can believe there is not a Creator? Everyone is entitled to their own beliefs, why disparage someone for their beliefs if they are peaceful? I also prefer not to participate in public pissing matches because someone does not agree 100% with me. But that’s just me.”

The latest from Erik –

Bill’s Commentary:

“And who exactly are they negotiating with? I thought they’ve already blown up 3 successive groups of leaders?”

Israel, US Strike Gas Facilities In Iran’s Isfahan, Possibly Triggering Retaliation Against Gulf

Summary

Israel, US strike gas pipeline, distribution station in Iran
Trump announces “productive” talks with Iran, “postpones” military strikes for 5 days
Iran Foreign Ministry + Parliament speaker say no talks have happened, after Trump said “speaking with a top person in Iran”, says will “just keep bombing” if Iran talks fail
Trump says Hormuz will be “jointly controlled”; Russia and Pakistan step-up as potential mediators, engage with Tehran; US officials have told CBS News that there are at least a dozen underwater mines through the vital passageway, citing US intelligence.