>Iran completely shuts the strait>BTC goes up>Oil goes downWhy is the market reacting positively to this news, when it reacted negatively the first time this happened?
>>62349889This is what broken markets do, the head of the Chicago CME warned about this. It's all fun and games for a while, until it breaks into a biblical catastrophe. Which will happen end of summer.
The market is pricing in peace and a quick resolution to this small excursion.
>>62349904We (yes, we) allowed a bunch of mentally ill hoarders, lolcows even, into power. Naturally, they made clown policies, which clown the markets.
>>62349976Solution: Denying power. No more politburo commies, no more billionaires, no more politicians, behind seven layers of private scurity. Direct control and accountability for everyone.
>>62349979well that will never happen
>>62349914>Beginning of month 4 of quick resolution to this small excusion>25 million dollar Apache helicopter destroyed by cheap drone with a lawnmower engine>Hormuz is still closed
>>62350047Americans deserve this for failing the emotional IQ test
>>62350070*failing the emotional IQ test twice
>>62349889Not really seeing the problem here tho
>>62349889The market is like a woman, believing what they want to believe.
>>62349889Hormuz is not an American problem. It's not even a goal of this war.
>>6235061820% of the worlds oil comes out of the strait. The worlds manufacturing base in east asia relies on it. Some of east asia and most of europe is cut off from other major suppliers like Russia.>>62351147>muh WMDsplease
>>62352176>20% of the worlds oil comes out of the strait.It used to. Now it comes out of the Gulf of America. This really sounds like a (you) problem, Chang.
>>62349889Exteme situation calls for extreme solution. Market demands blood.
>>62349889>Iran completely shuts the straitThey haven't though, no matter how loudly they proclaim this. The US has been escorting roughly 30 tankers and container ships per day through the strait, and all Iran can do about it is pretend it isn't happening, and occasionally shoot down a helicopter.
>>62352176>Some of east asia and most of europe is cut off from other major suppliers like Russiasounds like a self-inflicted problem
