Mar. 17 at 4:49 AM
$SPY $USO $CL_F $SU $XOM When the world's dominant power that has the world's reserve currency is overextended financially, and it reveals its weakness by losing both military & financial control, watch out for allies & creditors losing confidence, the loss of its reserve currency status, the selling of its debt assets & the weakening of its currency.
Because people, countries, and financial flows quickly and naturally flock to the winner, if the US & President Trump don't get control of the flow of traffic through Hormuz, it will threaten American power in the world and the existing world order. While it was always assumed that the U.S. would be the dominant power and could win militarily and financially over its opponents, the cumulative effect of the military, financial, and geopolitical consequences of the wars in Vietnam, Afghanistan, Iraq, and perhaps this war with Iran, are not good for the US & the sustainability of the post-1945, American-led world order.
