Trump is twitting that Iran is collapsing. The same twitting since day one. This must be the same echo in the chamber when massive sanctions were erected against Russia four years ago. Russia was supposed to collapse and the Ruble turned to rubbles. Russia was touted to be completely isolated and the whole world was supposed to turn against Russia. What happened? Sure, the Ruble has depreciated today, but that goes for every other country including Japan, India and Indonesia that are doing even worse.
Scott Bessent is talking about 'economic D-Day' for Iran, even gloating about those sanctions having already yielded results. How did he know the yielded results when those further sanctions are not even imposed yet? These morons really have great foresight spouting nonsense while working blindly.
Scott Bessent is also threatening the world about secondary sanctions if they do not follow the USA by sanctioning Iran. If that fails, how about 'university' sanctions too, lol. The progression is ironic - from primary sanctions to secondary sanctions with university sanctions the next leap forward.
Meanwhile, Iran has also threatened retaliation against any country that follows the USA sanctions on Iran. Iran is not all about following the footsteps of NATO - No Action Talk Only. They always made good on their threats.
What about countries continuing to deal with Iran, like China, Russia and those countries in BRICS, and what is the USA going to do? By all means impose secondary sanctions on them, but countries in BRICS have been threatened enough and just have to stop dealing with the USA, and trade more among themselves. The Global South market is multiple times bigger than the USA and its doggies. When that happens, the sanctioning country is going to sanction itself and the collapse is going to be faster when completely isolated.
The rest of the world just have to take a leaf from the Canadians, by standing up to the bully and find ways to isolate its economy from the USA. Succumbing means allowing the USA to continue to threaten to no end, just like trade wars and tariffs.
Do not assume that all these sanctions against Iran and any secondary sanctions against other countries does not harm to the USA. Iran just has to keep a stranglehold on the Strait of Hormuz and oil prices will continue to remain high. As Iran has already warned, those countries that follow the USA in imposing economic sanctions on Iran will risk retaliation by Iran, with oil shipments not going through the Strait of Hormuz and Bab Al Mandab for them. Think about that.
Anonymous
3 comments:
Trump is looking desperately for a face-saving exit. That CIA chief's visit to Moscow is seen by many as asking Putin for help to end the war. There were some speculations going around on social media that Trump is trying to put pressure on Putin with this visit by the CIA chief. That has been put to rest by Scott Ritter. Trump has no card to play against Putin, not to talk about pressuring him.
The other exit option by using economic strangulation of Iran died even before it started. China put paid to Scott Bessent's hallucination by refusing to be on board. Scott Bessent can threaten secondary sanctions on Russia and China to no avail. China's trade with USA is falling, while trade with the Global South is expanding, all done outside the US$. The use of the US$ for sanctioning is as effective as its aircraft carriers now rendered toothless.
Trump can twit all he wants about the Strait of Hormuz being opened for business, with no shipowners taking up the challenge to run the Straits. Iran just have to tell shipowners, the Straits is not open for business and they never doubt that.
China can cut all trades with the US and still sell indirectly to the US. The Americans consumers ended paying more for the same stuff. Third parties laughing to the banks.
Yes, it is absolutely true. While USA entities are not allowed to do business with Chinese companies having 'ties' (yew char kway) to Chinese military, the USA military establishments and Pentagon are buying items like rare earth magnets, chipsets etc for its weapons, missiles and fighter jets.
The idea is trying to tell the world that China is being isolated, but leaving the rear door open for itself, hoping no one sees it.
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