If I had to guess, we are flushing out the last of the pooh in the toilet, or we are headed there.   Why you say?  This you say…

From JC today……Defying all expert predictions, the President’s Iran War plan appears to be working, and the Second Great Depression has not landed. Plus, yesterday’s breaking war news exposed most of last week’s trad-media war reporting as outright lies. The Wall Street Journal reported, “Iran Is Flooded With So Much Unsold Oil That It’s Stashing It in Derelict Tanks.” The sub-headline added, “Tehran is trying to buy time as the war turns into a race to see whether its oil fields or global consumers can take more pain.” They’re playing chicken. BUCK-BUCK-BACAAAW!

Key take from today’s post:

Think about what this reveals about the bigger plan. The structure of Trump’s blockade strikes the heart of the one thing — the aging oil fields— that really supports Iran’s nuclear ambitions, its gigantic private army, and its terror proxy budgets. By driving export flows down roughly 70% and pushing Iran’s mature reservoirs toward forced shut?ins, Trump’s policy is not just squeezing this year’s cash flow; it’s sailing straight toward permanently shrinking the entire resource base that funds Iran’s private armies and secretive underground programs.

If that happens, Iran will disappear from the global-problems stage for a generation. What first looked like a reckless blockade is starting to look like Iran’s structural retirement. Tick, tock.

Follow the money…stop the money…no more funding….way less terror.

That’s why….and PM’s will soar once Iran capitulates…buy some more of your favs on dips.  Could take to the end of the week I’m thinking…oh, I love a good stare down waiting game.  Oil up inflation up, real interest rates negative as Fed is trapped.  No more rate hikes with 40 trillion in debt…just like joe shmo Uncle Sam is broke too and is finding new credit cards to finance his debt.  His introductory rate will expire, and then we see the real fireworks.  Hold……

C&C link…

https://www.coffeeandcovid.com/p/lovelorn-frogmen-tuesday-april-28?utm_campaign=email-half-post&r=5d177&utm_source=substack&utm_medium=email