Donald Trump, Iran War Economic Risks
Donald Trump reportedly ignored Pentagon advice against war with Iran, leading to the closure of the Strait of Hormuz. Major oil companies estimate that oil prices could double within a month if the blockade continues, potentially bankrupting the U.S. economy. While Israel advocates for the conflict, economists warn that a three-month closure would destroy the Trump recovery plan.
donald trump· iran· strait of hormuz· oil prices· venezuela· israel· inflation
00:00 Whatever the future may hold, InfoWars will always live forever. The fight will continue. Be sure to follow us on X at RealAlexJones and at AJN Live. And now you can download the number one news app in the world. Go to AlexJonesApp.com and let the Democrat Deep State Party know that we will never be silenced. InfoWars, tomorrow's news today. Well, the Pentagon told Trump not to go to war with Iran because they'd done a lot of the war games, not just militarily, but economically and said it would basically go from bad to worse.
01:12 But Trump is the president, he's not a puppet. He does what he thinks is best and he thinks Israel's right and that somehow we would have some big quick magic victory. He was bolstered by Venezuela, which I was worried about. Venezuela is a totally different situation than Iran. And when you say the different alliances in the area, not just military but economic. So the Strait of Hormuz has been closed for four days. Oil prices are up 11%. They're estimated by the major oil companies and consortiums to double within a month if the straight continues to be cut off. It is causing a cascading effect on the economy. And we've gone over the different economists' analysis. They all agree that a closure of the Strait of Hormuz for three months
02:08 would more than double the price of oil and send shockwaves that would take even though it opened back up many months to reverse. And if you got six months of oil prices being doubled, you pack that into the economy as the truest form of inflationary drive, and you get the entire Trump recovery plan 100% dead in the water in the US bankrupt for sure. And I remember six months ago having Rabbi Shmuelion say, look, I'm no fan of the mullahs, but just the trade of Hormuz alone will take the world economy. Well, there's things more important than money. Well, you're rich, dude. The average half of people in the world live in subsistence, hand to mouth. 67% of Americans live paycheck to paycheck. And when you have economies worldwide collapse, you get war, you get unrest. But Israel, when it looks at what it wants for it, it looks 100% only for Israel.
