Author Archives: Yves Smith

Iran War: Trump Makes Even More Unhinged Threat as Details of F-15 Pilot Rescue Point to Much Bigger Plan, Say to Seize Enriched Uranium; Trump Legitimacy Crisis Grows as Battered Gulf States Pull Back on US Investment, Particularly AI

Today’s Iran war news: Trump goes even more crazy as the F-15 rescue looks more like the tip of the iceberg of a big botched mission.

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Iran War: Trump Doubles Down on “Reign Hell” April 6 Threat, Also Reports F-15 Officer Rescued; US Strike on Bushehr Nuclear Plant Breaches Protection Circuit; Multiple Interconnected Supply Crises Baked in Within Weeks; UPDATE Iran Claims Two More US Planes Downed

Today’s Iran war news: Trump reiterates his dangerous escalation threat as the real economy Titanic is about to hit the iceberg.

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Iran War: Disaster in Iran as Multiple Aircraft Downed, Pilot Missing; Iran Pounds Israel Hard After Trump Asks for 48 Hour Ceasefire; Concerns in Military and Congress Over Purge of Reality-Grounded Officers

Today’s Iran war update: aircraft downed and at least one pilot missing in Iran follows a Saturday Night Massacre-style military purge

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Iran War: Iran Pounds Israel with Huge Missile Barrage Just Before Trump’s Unhinged Speech Doubling Down on Failed Escalation; US Greatly Exposed to Shock as Inventories Depleted During April

Today’s Iran War update: Trump doubles down on failure as investors and pundits wake up to the economic consequences of Iran’s victory.

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Iran War: Israel Would Thwart Trump TACO Even if Genuine; US Forces Still Arriving in Middle East as Trump to Speak This Evening; Could Strait of Hormuz Traffic Rise Meaningfully With Less Hot Conflict?

Why Trump’s apparent TACO via his hissy to leave the Strait of Hormuz mess to others may be a deception despite rising economic damage.

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