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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region Forums'Worse than Vietnam, Iraq, and Afghanistan combined': Donald Trump faces a political crisis like no other if Hormuz isn'
isnt opened by Labor DayA 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 former official was trying to make a dramatic point, the crisis is clear.
If Trump can't open the Strait soon, a massive oil shortage will hit the global economy, something we are not feeling right now thanks to a historic drawdown of the U.S. Strategic Petroleum Reserve.
However, with oil being consumed quickly, the clock is ticking before a historic energy shock hits the world. And everyone will blame one person: Donald J. Trump.
https://www.msn.com/en-us/money/markets/worse-than-vietnam-iraq-and-afghanistan-combined-donald-trump-faces-a-political-crisis-like-no-other-if-hormuz-isn-t-opened-by-labor-day/ar-AA247fNW
Article doesn't say who the advisor is. The acronym NACHO (not a chance Hormuz opens) comes to mind none the less.
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'Worse than Vietnam, Iraq, and Afghanistan combined': Donald Trump faces a political crisis like no other if Hormuz isn' (Original Post)
Yo_Mama_Been_Loggin
8 hrs ago
OP
SamuelTheThird
(1,274 posts)1. It's very true
and it's not only the US strategic reserve. China is drawing on its reserve and when they pick up buying more oil the price will climb that much more.
unblock
(56,280 posts)2. He will insider trade his way to a fortune as oil skyrockets *and* again on the way back down
He'll cave to Iran and claim victory and eont care about 20% approval because he stands to make so much money.
Most transparently corrupt president ever.
hibbing
(10,614 posts)3. He does not care n/t