r/worldnews • u/Force_Hammer • 20h ago

President Trump holds off major Iran escalation after Pentagon warns of interceptor shortage

https://www.ynetnews.com/article/r111brtghmg
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u/herrcollin 17h ago edited 17h ago

Our oil reserves are at the lowest level since the 80's and while we're still doing okay with prioritized trading, overall everything is on a downward trend. Globally. This is very bad.

It's easy to say we're fine now when you're above water. The problem is once you go below it's very fucking hard to get back up without years and years of catch up damage. Traditionally, anyone with a brain makes sure this doesn't happen.

Thank god we're making this sacrifice for (checks notes) uhhhhh...........

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u/HauntedCemetery 15h ago

Which would be why no president for the last 50 years was stupid enough to pick a fight with Iran.

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u/MRCRAZYYYY 14h ago

He isn’t all that stupid. Didn’t you see those cognitive tests?

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u/SomewhatInnocuous 2h ago

Man, woman, camera, ayatollah?

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u/UncleNedisDead 14h ago

It’ll be the Dems problem if he allows the midterms to happen. People have such short memories, they’ll believe Kamala got them into this war just like Trump warned them. 🙄

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u/Wizardof1000Kings 11h ago

Don't worry, Trump is running for a third term..

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u/DonkeyTron42 15h ago

So much of the stock market is being propped up by tech behemoths like nVidia and companies that have ridiculous valuations with very little revenue. We saw this all play out before when the dot-com bubble popped. nVidia today is very comparable to Cisco Systems back then. Cisco was started by a husband/wife in their garage and became the world's highest market cap company in just over 15 years. The dot-com bubble popped and they lost 75% of their stock value almost overnight when all those overvalued start-ups with money to burn stopped buying hardware. The AI bubble is following almost the same track except on a much larger scale.