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Perhaps we are underestimating how much US Dollar may continue to fall for as long as some level of disruption remains with the Strait of Hormuz that squeezes margins of Asian suppliers and materially impacts the re-cycling of global surpluses into US Treasuries.

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Trump helped turn the Strait of Hormuz into a global crisis—and now he’s looking to China to help bail us out. Think about how that makes us look to the rest of the world.

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DURBIN: Could you explain to the American people why with the vast investment we've made in national defense and military, how Iran after they are attacked by us is still capable of stopping the traffic in the Strait of Hormuz? CAINE: It's a complex situation DURBIN: As we talk about trillion dollar plus budgets for our military, it appears a very small budget is holding us hostage in the Strait of Hormuz

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🚨🇺🇸 🇮🇷 THE LARGEST OIL DISRUPTION IN HISTORY We are witnessing a global crisis more draining than the 2008 financial crash, according to political scientist Ian Bremmer. As the Strait of Hormuz remains blocked, the founder of GZERO Media warns that "rationing and shortages" are the new reality for oil, gas, and fertilizer. Bremmer notes that you cannot simply bomb a regime into submission when the global supply chain is being cut to the bone. Every day this continues, the global impact spirals further out of control. ian bremmer

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