> On Aug 20, 2026, at 22:08, RKOB via groups.io <[email protected]>
> wrote:
>
> 1. U.S. President Donald Trump has announced what he calls the
> “most crushing economic operation” against Iran. “ANY country that allows its
> financial institutions, businesses, airports, or government entities to
> provide any type of lifeline to Iran will itself face TREMENDOUS Economic
> Consequences,” he wrote. “Oil smuggling, swap lines, cash transfers, exchange
> houses, ship registries, front companies — it all needs to stop NOW. You know
> who you are. This will be an ECONOMIC D-DAY, and we need all of our Allies to
> stand with the United States of America to isolate, and defeat, the Iran
> threat.” Furthermore, Trump threatened: "ANY country that allows its
> financial institutions, businesses, airports, or government entities to
> provide any type of lifeline to Iran will itself face TREMENDOUS Economic
> Consequences."
https://www.nytimes.com/2026/08/20/world/europe/trump-iran-economy-sanctions-threats.html?unlocked_article_code=1.7FA.g_ky.laEUR8SIXFaq&smid=url-share
maintains that the real message is that the US is signaling to more military
action.
https://defencesecurityasia.com/en/iran-missile-barrage-us-retreat-persian-gulf-bases/
cites a Washington Post report that the US may be withdrawing from the Gulf
region. Trump wants a retreat that saves face. Iran is not allowing that. The
US is on the cusp of an historic defeat.
There is renewed anxiety among the US chattering class about the debt. The US
is reportedly transferring over a trillion dollars a year to the financial
industry for interest on the federal debt. US bonds are reportedly competing
with bonds issued by the tech industry for AI buildout. This is driving up
interest rates on the nearly $40 trillion US debt along with the Iran war and
the federal budget deficit, which exceeds annual US GDP.
Mark
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