A former Trump Administration economics adviser made a bold prediction when I spoke to him last week: “If the Strait of Hormuz isn’t opened by Labor Day, Trump will have a political problem worse than Vietnam, Iraq, and Afghanistan combined.” Well, that wasn’t the response I was planning on, that’s for sure. While clearly the […]
There’s no way it takes that long honestly. Oil reserves are running out, and fertilizer shipments are already too late. We’re looking at wide scale famine already on the forecast. The US can feed itself, the rest of the world chasing dwindling food stocks is going to spike prices hard though. By labor day there’s going to be other wars as well.