Debt Rattle August 24 2026

 

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    Andrei Rublev Trinity 1411 • “Iran Is Losing Its Grip On Hormuz”: Strait Traffic Explodes Nearly 400% (ZH) • Trump Eyes ‘Crushing’ Economic Blockade T
    [See the full post at: Debt Rattle August 24 2026]

    #248160
    Dr. D
    Participant

    “Will Diesel Decide the U.S. Elections?”

    Maybe, but aliens could land and decide it too.

    “”Iran Is Losing Its Grip On Hormuz”: Strait Traffic Explodes Nearly 400%

    Looks like the obvious is breaking through. “The nation without a navy vs the nation with a navy.” One of them is now able to stop sea traffic. Again, this was all Lloyd’s of London who has NEVER, ever stopped shipping before. They’d change rates but never stop in 300 years. Obviously. Because insurance is just risk, which has price. Then they said “If you go through, or get insurance elsewhere, we’ll attack and de-bank, de-insure your whole fleet worldwide” which is ALSO a breathtaking statement.

    Again, what is Russia’s “Shadow Fleet”? No “Shadow at all. Totally legal. Extremely obvious. A “Shadow Fleet” is any fleet not insured by Lloyd’s, that’s it. …Exscrews me? Like Greece isn’t allowed to insure their massive shipping fleet? Nope. Russia, embargoed to the teeth, can’t self-insure? Nope.

    I think we may have found “Who you’re not allowed to criticize” so to speak. So nothing in Hormuz with Iran is organic. Lloyd’s is MAKING half of this happen. The other half is, “Where does Iran get their multi-billions in money, dollars, to run the nation?” Funny old world, same people! London banks, probably including Lloyd’s.

    So “Traffic rising 400%” also means “Everyone’s going through” which means Lloyd’s can’t stop everyone. Or they’ll have no customers. Iran probably never could stop everyone. Why waste ammunition when Lloyd’s will do it for them?

    Should we keep up with this story still? Or pivot to Canada attacking us on oil flows?

    “More than a million foreign nationals that had been living in the US with removal protections are now classified as illegal immigrants…

    Another million. Let me restate that: ANOTHER, Million. So 5 U.S. cities just vanished. Or hope to, because that’ll drop rents nicely and increase wages.

    “”Evidence of illness is not required” to trigger international pandemic reporting, WHO declares”

    Glad we fired every Expert and have made them do a walk of shame. If we could invade and fire-bomb their offices, maybe that would be justified under international law as well.

    “Did Canada Just Sign Its Own Economic Death Warrant?”

    Maybe, but it’s not this part. IF you feels the fee-fees that you’ve been attacked, and want to go to war, there is an order of operations here so you don’t get annihilated. Like “Economy, steel mills, railways, ports, airplanes, chemical plants, training troops” etc, in a specific well-known order. Canada hasn’t lifted a finger, so they don’t WISH to win, at all, and the death warrant has nothing to do with tariffs or attacks at all, but their failure to have the brains god gave a goose. And I wager a huge majority of Canadians are practical and also aware of this, although you may have to ask them the right questions.
    So the headline is misleading in that it snap-directs your mind to the wrong location.

    This was similar to Iran’s case, where you had the throw, lost bad, then you sue for peace, build up, and attack the U.S. again 10 years from now, but smarter. I mean, they had a great strategy, it just didn’t work, no fault, now you need to buy time to build another. Nope, they wanted to get leveled instead. ‘Cause that wins wars.

    This is compared to Ireland, which DID do these things. Falling back, taking punches, but staying in the game. Because they are much smaller it took 1-400 years and a World War or two. Strategy. Order of operations. What’s Carney’s strategy here? Direct immediate confrontation with a nation 10x their size, without lifting a finger to prepare? Win on Vibes?
    So on a 50% total embargo, Canada gets stronger for the long fight how exactly? Yeah, not. He’s sacrificing Canada for the short term as a pawn to rear-guard action defend their sworn and true ruler: King Charles of England. Every Canadian dies as is their duty to protect the (profits of the) motherland. And every Brit in Blackpool and Rotherham too.

    Yeah, no, Carney. Pass. But it’s not my country, do what you have to. But this is a certain, painful, loss.
    Beating someone 10 times your size – even living near them – is a daunting challenge. It’s going to take incredible forethought, strategy, independence, and diplomacy. While fine and normal — which is saying something, a lot of countries aren’t — Canada hasn’t demonstrated any of that in my lifetime, and sometimes the opposite.

    It’s far more likely they’re going to punish Trump in the short term, lose utterly, then get hard-punished in trade terms on the back-end for decades. Don’t do it. Get the nation running up solo first, at least a lot, THEN punch the U.S. in the face if you want to. …But that would take years, a decade, which London doesn’t have. Canada DOES have them. They’re going to continue to be our neighbor after, just like Iran has to live with every nation in the gulf. Punching them is a dumb plan. Punching them all without preparing for winter is suicidal. So WHY.

    “Death Of Europe’s Industrial Base: VW CEO Set To Announce 50,000 Job Cuts

    Obviously, that means the U.S. and US$ will collapse and everyone will flee by putting their money in Germany. That’s what Fox News says, and when have they been wrong.

    “Georgia Refuses To Adopt EU Sanctions On Iran Citing ‘National Interests’

    I mean, good for them, they should do that. However, “Dream Party” is George Soros/London operation government iirc. London is supporting Iran? Whaaaaa??? I’ve never heard the like. From me. Every, Day. So this matters because Georgia is sending their army, right?

    “Why Trump’s blockade cannot turn Iran into an island”
    “Iran cannot continue on the path of a slow Strait of Hormuz strangulation – as it runs the risk of reversing gains as time goes by.

    Pepe following CNN in saying Trump is controlling the Straits. Ah. He must have got “The Memo”.

    And that we nuked Iran again. Third time this week. He’s said the #Opposite for 170 days, both we didn’t, and we were out of missiles and escalation. Now we’re not. We surrendered to Iran except we didn’t. The straits were closed but they’re open. Genius.

    “The Trump administration believes it has turned the tables on Iran. For the first time, Trump thinks time is on his side. But Iran appears unfazed – for now”
    “That calculation changes the strategic equation. Rather than being forced to accommodate Iranian demands, President Donald Trump now believes he can afford to wait Tehran out. For the first time since the war began, the White House has concluded, time is working in America’s favor.” – Trita Parsi

    Sleeping with Trump and reading his mind. Also ignoring Bessant who clearly seems in charge of this, Trump delegating, and Hegseth following. All conjecture from which he draws a strawman conclusion. I mean, Maybe! Sure. But you don’t actually know a single thing in this, not Trump, not the strategy, not the situation, not our weapons levels, nothing. All he knows is he wants him to lose.

    So the Straits being controlled by the U.S. and ships pouring through the Omani side now means the U.S. lost.

    Ummm? No? And unlike you, I thought “Trump” essentially had this game-planned, logic-tree’d with Pentagon supercomputers all along. Under what – possible – scenario, what possible reality exists where they wouldn’t? You toddle down the hall and say “Major Payne! We’re hearing dumb noises from Israel; I want 20 scenarios run by January 10th!” “Yes sir!” Duh. He doesn’t, we don’t, literally no one just “Seat of the pants” it anymore. For the love of Christ, man. We invented computers in like 1970, we’ve definitely had a hazy version of this since 1990, 35 years ago. Is your claim that the Pentagon has no money? Or has no computers? What.

    “COUNTRIES DUMP U.S. BONDS, REPLACE DOLLARS WITH GOLD — w/ Jeffrey Currie”

    Uhhhh, no. Not unless you mean since 2001. Nothing at all happened today. Gold is DOWN, you fool. Down way, way down from recent highs. Oil is down. Bitcoin is way down. Bond flips so far are no more than a raid. Now it MIGHT be something, but unless your day-trading time-parameter is “Goldfish” then nothing much has happened yet. Yes, there is a flag on the field. But something would have to happen to put legs under it.

    Now why does he do this? To wrong-foot you and steal your money.

    “Bessent Does Not Know He’s Battling Against the Gold Market  McOscillator

    Everyone is stupid but me. Especially one of the best, richest traders. He’s definitely dumber than Jokel McYokel. OR, Mr. Oscillator, Bessant WANTS the gold price high, since we own a s—t ton of it, and is re-grounding the dollar and handling the U.S. debt load by re-pricing gold which always happens every time in history and “harms no one” in that sense.

    Soros may have “Broken the Pound” but Bessant is the one who invented and arranged it, going over Soros’ apprehensions. They ambushed him and said, “It’s basically already happening, pal.” That’s the guy who’s a dummy here and doesn’t understand currencies and gold. Right.

    Btw, this also means the Dollar is in no danger at all. I mean ASIDE from being the best of economies, with the only remaining rule of law, we just re-price gold. Fixed: The End. Easy Peasy. On the golf course by 3. Like Japan however, you need to hint, signal, give people time to bail out and reposition so they don’t get run over. All the screamers are people losing by it, but mostly losing because they want/need the U.S. to fail and we refused. Make Me.

    Wtf would we fail when we have more Oil, gold, food, workers, than we know what to do with? That’s dumb.

    #248161
    Michael Reid
    Participant

    Trump’s tie to the young woman who carries his diaper bag. Or is it the straitjacket? His goose is cooked in November. Launching war on Nato. The Ukraine corruption bureau named NABU, although they haven’t actually nabbed anyone

    #248162
    Michael Reid
    Participant

    The Bank Of England Is Selling America’s Debt To Break Trump – It Just Backfired

    #248163
    Michael Reid
    Participant

    Nobody Expected This…

    #248164
    Dr. D
    Participant

    Today:
    “GREATEST COORDINATED ECONOMIC ISOLATION IN THE HISTORY OF THE WORLD.”

    Okay, think one HALF step beyond: WHO? The meta-assumption is, Iran IS getting economic commerce now, in a big, big numbers through someone. Who? Who are they banking with? Today? If it’s someone, it’s our allies – because they are “The West” then who? Lithuania? Finland? Uruguay? Yeah, no.

    Okay then, who are we REALLY shutting off? What is Bessant CHANGING from today, from the recent past?

    Now we say “London” as a shorthand, but it might be routed through Santander and Deutschebank. It’s definitely in Hamas drug-running in Columbia, and we’re not shutting off China’s connection with them. But don’t worry about Iran right now, what PARTNERS are we talking about?

    If the flows stop, forget Iran: who ELSE gets shut off? Santander? Credit Agricole Paris? Mizuho Japan? It’s somebody, and Bessant already has all Iran’s money in UAE. Bessant has near-total leverage over all of them except China. China abandoned Iran 180 days ago.

    “We’ve escorted over 1,000 ships through the Strait of Hormuz. Quietly. Effectively. Night after night.”

    Says AI, AI construction, gag me, so dumb I get hives when I see that sentence construction now. And “Prove it” but yes, probably. I mean, don’t ask if the media is lying, ask when was the last time they were caught telling the truth.

    ““ALL US GOLD, amounting to over $1 TRILLION, is present and accounted for.”

    I totally don’t believe this but it doesn’t matter. First: “Make them” “Prove it” but second, we can mine that gold 10x before you can push through any audit since we have nothing but gold from the Rockies West to the Arctic Circle and could probably CRASH the price of gold with our massive overproduction. Get a grip.

    Time to watch Diesel and refineries – thanks Newsom – after screaming that’s been dead-wrong for 180 days. But this is a thing, a process, a market made entirely of arcane details and can flip fast.

    “New U.S. Territory”, “Why not bomb them on a slow Friday night.”

    Why does he do this? To point out not taking them seriously. Because they are not a serious rival to the U.S. and need to get a grip. It’s like Cuba invading us. No. That’s not seriously going to happen, and at some point treating your 5-year-old like a co-equal adult backfires. So this is round-about bringing to mind Iran is not our equal but a small country somewhere. That goes to expectations and negotiations too. He shouldn’t have to do this s—t but you’re all under some kind of weird spell. Hypnosis, where “When I say words” like you think a cat is a dog. I say “Apple” and you hop on one foot and lose your mind like a charlatan’s parlor trick.

    Iran is Iran, and they’re powerful as they are, but can’t like, invade Pakistan and China. Reality Exists.

    “Canada is playing politics hoping to retain their one-sided benefits..”

    Yeah, no. I’m not all that sure the U.S. hasn’t taking undue profits from the whole USMCA straight back to NAFTA. Canada gets SOME benefits, but ledger accounting doesn’t make it clearly one-sided. I think Ottawa threw Alberta and the West under the bus, dgaf, all cheap now undercut and crushed to the U.S. out there, to protect Eastern, Ontario, Laurentian Oligarch interests in the core. But this question is really, really complicated.

    “Meanwhile, President Trump and his trade team are intentionally quiet.”

    Yeah, that’s literally almost never happened. They’re up to something. I think Carney’s plan depends on Ukraine: engineering the Canadian people to hate the U.S. and throw themselves into our machine gun nests. Which they are not inclined to do, 1) being rational, practical people 2) because it takes generations to socially engineer this out of nothing. So the U.S. is doing very little to give Carney fuel, Trump personally being different and making a couple TV points that hardly matter.

    “Canada will not permit unlimited and unrestricted access to their market for U.S. companies.”

    Yeah, they shouldn’t. That would be suicide. But that would mean quid pro quo, they don’t get unrestricted access here either. Then all the car plants in Windsor close, unless they want to make a Canadian brand, which is an excellent idea they should totally do. Since Volvo screwed themselves and all of us by selling out. Like I said: complicated.

    “• Trump Loses Trade War With Canada — The Atlantic (TASS)

    It’s not over, it hasn’t even begun, both nations are essentially immortal, but we lost already. Wow. “Time Exists” Mr. Atlantic. Canada being 1/10th the size DEFINITELY is ALWAYS a problem. You have to work very, very hard to stay at par whenever that’s the case. And they don’t have to be, Canada has strangled their own economy for 50-100 years. But Canada was ALREADY losing thousands of companies who were co-incorporating in the U.S. since Canada attacks work and business wherever found. You made them do that, they didn’t want to. Now you’re going to make them take the legal entity they created, and hire in Maine and Wisconsin, firing in QC and Windsor.

    “Trump also said American farmers had been charged “massive amounts of Tariffs” for years.”

    50% food tariffs before now. Why is food and prices so high in Canada? You have more oil per person than we do – and that’s saying something! — yet your gas prices are crippling when they could be free. Why? Carney does have great speechwriters though, despite being a weaselly, Canadian-crushing liar. I appreciate quality.

    “Bill Maher Admits Democrat Party Is Antisemitic (Matt Margolis)

    I mean, I think 80% of American Jews are die-hard liberal Democrats, so I don’t know where that’s going or what took so long. I think almost none of them have flipped, despite the DNC speaking of the joys of genociding them. I’ve given up trying to figure out why people do things. “Science proceeds one funeral at a time” and if you learned a thing – to be a Democrat – at 8 years old, you have to die and the next generation take it before anyone changes their mind. It’s unimaginable to me, but I see it daily, and the Social Engineers know it. Personally I’d rather flip sides and “Not die” but that’s me.

    Now no Jews are leaving – they prefer being murdered I guess – but IF any of them actually left, a whole minority group in their coalition would collapse. Apparently Blacks are smarter than Jews, since they have been edging to the door since 2016. Go figure. I can’t. Losing half of each would make the DNC unelectable forever under these conditions, and feel free to follow https://m.youtube.com/watch?v=yzutjd_9z1g as every day some new AG, county Clerk or whatever loses their minds that NJ must remove a mere 6,000 illegals from the voter rolls. In MI here it’s like 100k. Georgia is against anyone looking at any evidence or having any audits at all. Arizona commits new felonies daily, in the face of judges to cover it up. Nothing says “Integrity” like not allowing anyone to look for any reason, and attempting to arrest anyone who does. I always blow that fuse whenever I have nothing to hide.

    It’s hot right now, pre-election and there are like two of these a day, in addition to actual investigations and arrests from the DoJ.

    Anyway, that’s what happens when you lose a mere 10% of the black vote because you’ve been screwing them raw for 60 years and say they’re too stupid, lazy, and illiterate to get ID. Not a vote-getter.

    “a treaty cannot simply acquire authority over American soldiers, officials, or allied leaders without American consent. The ICC answers that its jurisdiction can arise through the territory on which alleged crimes occurred,

    Shut up. It’s about guns and who has more of them. Like all things. We’re leaving the lies and pretending behind. When has the ICC or any Euro-court ever not been crooked? Milosevic was a textbook case in crooked, all just to get his gold. 30 years ago, when things were nice. Brazen, open, crass AF. Never been a moment any Euro-court even LOOKED like they were legit. Not in 1920, not in 1950, never. Pick your example. “When is a Greek Bankruptcy not a bankruptcy?” “Shut up, whenever I SAY it isn’t.”

    “ELON JUST NAMED THE REAL GOAL OUT LOUD”

    Elon must be the dumbest of us all, because we all know. Or is this an “Appeal to Authority”?

    “You have at most 3 years left to make money by selling your work.”After that, AI will handle most tasks”

    AI makes a disaster of even a Call Center phone tree. The simplest, most-computer able construction in existence. Stopping all work and preventing all solutions entirely, with perfect accuracy. But they’re going to paint my house. Sure. You can DESTROY everything with that plan, but I challenge you to get even one thing to work. I totally believe you plan to fire all humans though. Just that all human needs and productivity will stop with it. Guess what: failing utterly is not good for profits, you fools. Eventually.

    “The catalyst for the melt-up? September 2026: Cybercab Launch. Here’s the simple math:”

    AI form. No human was involved in this post. Or they’re themselves an NPC. Yeah, no. I will give you equal numbers it’s 10x overvalued. But stock valuation lost all reality like 20 years ago. There are not a Trillion dollars in taxi profits per year. Get a grip.

    #248165
    Michael Reid
    Participant

    Trump declares economic war on Canada and Carney + Your turn is next + Peace president to compulsive warmonger + And Iran and new twist in the lost war

    #248166
    Michael Reid
    Participant

    Iran SMASHES Trump’s ‘Financial Offensive,’ 15 US Bases DESTROYED | Patrick Henningsen

    #248167
    Michael Reid
    Participant

    Canada’s PM Trudeau: disaster in office, disaster on departure

    #248168
    John Day
    Participant

    This is the mark of a Zionist operative, “controlled opposition”:

    “Assassination Sing-a-Long: Hasan Piker Mocks the Murdered Charlie Kirk to Cheering Crowd”

    #248169
    John Day
    Participant

    The trade-war with Canada is a salvo against China colonizing Canada, I think.
    Chinese drug gangs seem to be largely directing Canadian national politics in the port cities, from what I have read.

    #248170
    tboc
    Participant

    Only 152 hours of hate left this week, better get busy.
    is the anti-Jew card really being played?
    what’s not to like?
    https://ifamericansknew.org/us_ints/introlobby.html
    Maher just does not age well. In any sense!
    how do you rail againts AIPAC and it’s cohorts ruling the United States in one breath and come out pro Israel in the next?

    well the good news is: my position as untermensch is becoming more firmly cemented every day.

    when you can’t managed your own territory the only option is to gain more territory
    I hope Lee Greenwood has laryngitis.

    amorality is a type of morality isn’t it?
    we must thank our lucky stars for The White Hats

    if the pharmaceuticals you are taking don’t kill you there is alwasys Chines drug gangs
    DR. TARR AND PROF. FETHER

    #248171
    zerosum
    Participant

    Searching for a truthteller

    US diesel crack spread (HOCL1 Index) topped $100 a barrel, as we warned: “Industrial economy either grinds to a halt or consumers about to be hit with the biggest energy pass-through in history.”

    https://www.zerohedge.com/commodities/get-long-and-buckle-jeff-currie-says-commodity-bull-market-entering-next-leg

    “Get Long And Buckle Up”: Jeff Currie Says Commodity Bull Market Entering Next Leg

    by Tyler Durden
    Thursday, Aug 20, 2026 – 03:00 PM
    The breadth of the commodity advance is becoming increasingly difficult to ignore.

    Here’s a summary of Currie’s bull thesis for commodities:
    —————
    1. Bond market intervention: Treasury Secretary Scott Bessent doubled long-bond buybacks one day after the 30-year yield hit 5.32%, its highest level since 2007, and only two weeks after the quarterly schedule was released. Currie says this is the last lever after a sequence of interventions: SPR draws that reduced inventories below 300 million barrels, dollar backstops for foreign holders in Japan and the Gulf, and FX intervention involving the euro and yen for the first time since 1998. The market reaction was immediate: Gold rose 4% to $4,510, silver gained 5%, and the Quantix Commodity Index reached an all-time high.

    2. Stop watching Brent and WTI: The economy runs on gasoline and diesel. That consumption-weighted basket is around $165 versus $85 WTI. Inflation breakevens and the bond market are reading the wrong screen. Watch the next three CPI prints.

    3. It’s all about the crack spread: Diesel cracks settled above $100 per barrel for the first time ever, reaching $102.20. That is four to six times the normal range, with records set in five of the last six sessions. The cause is a refining shortage, with global runs down around 5 million barrels per day because of Ukrainian strikes on Russian plants, Iranian attacks on Middle Eastern facilities, and chronic underinvestment. Crude can drift while refined products print records.

    4. Treasury supply problem: Foreign holdings fell in June, led by Japan, China, and the UK. The July deficit reached $432 billion, interest costs hit $1.1 trillion, and debt is approaching $40 trillion, while hyperscaler AI-capex issuance is competing for the same pool of savings. The marginal buyer is waiting for higher yields. Yesterday’s buyback represents a managed, failing auction.

    5. Broken feedback loop: Normally, a commodity spike forces yields higher, followed by demand destruction and self-correction. Repression has cut the brake line. Scarcity feeds inflation, repression prevents the response, and the absence of a response amplifies the scarcity bid.

    6. Diesel underpins everything: “Every other commodity is dirt plus diesel.” Containers, tractors, locomotives, mine trucks, and fertilizer all depend on diesel. The energy input sets the floor for metals, grains, and other commodities. This explains why the QCI can reach an all-time high while crude remains $30 below its peak. Corn is already up 10% on the week. Pass-through into trucking, food, and producer prices is just beginning.

    7. Refining problem: There are too many crude barrels and not enough refining capacity. The possible resolution paths include demand destruction through high product prices, crude rebalancing as the current glut remains partly MoU-related, or a recovery in refining activity. If runs recover and refiners bid for the missing 5 million barrels per day of feedstock, the shortage will migrate upstream, causing crude to rally as cracks compress. The net cost to consumers stays high either way. There is no SPR for diesel or gasoline. Bears have been promising supply for more than two years, while the petroleum total-return index has doubled and retail prices remain near all-time highs.

    8/9. Widening chokepoints and El Niño: Hormuz has been constrained for six months, Russian refining remains under sustained Ukrainian attack, the Red Sea still requires a detour, the Rhine is at a record low amid heat waves, and the Panama Canal’s allowable draft has fallen to 47.5 feet. In the Black Sea, all three Novorossiysk terminals are shut, leaving 97% of Azov-Black Sea export capacity offline during peak season. Simultaneously, the USDA cut its US corn-yield estimate to 180.7 bushels per acre and reduced ending stocks by 15%. Food has joined fuel. A record El Niño probability, including NOAA’s 81% chance of a very strong event by year-end, adds further stress through drier conditions in Panama, weaker Asian monsoons, and pressure on Brazil’s planting window. The system has no redundancy left.

    10. Conclusion: Scarcity is repricing the numerator, while repression is debasing the denominator. Own what benefits from both: product markets, grains, and freight for the scarcity leg, and gold for the debasement leg. Gold is at $4,510 versus the earlier January high of $5,600 referenced above. The bond market will spend the next six months discovering what product markets already know. Expect more volatility and higher highs across more markets.

    Currie concluded by saying, “Get long and buckle up: the next leg of the ride will see more vol with higher highs across more markets.”
    ———–

    #248172
    Michael Reid
    Participant

    Alastair Crooke : Can Trump Raise the Stakes in Iran?

    #248173
    Michael Reid
    Participant

    #248174
    Michael Reid
    Participant

    Pakistan’s growing stature has become a threat to India. | PRAVIN SAWHNEY

    #248175
    Michael Reid
    Participant

    TRUMP KILLED THE U.S. DOLLAR, CENTRAL BANKS DUMPING TREASURIES — w/ Luke Gromen

    #248205
    WES
    Participant

    So, Carney is winning the trade war by lying, (while lied to Canadians, are losing)?

    Please London, tell me more of these “trust me” feels good fairy tales!

    Like, by “snatching defeat from the jaws of victory”, the Toronto Maple Leafs won the Stanley Cup!

    Like, we don’t club baby seals to death!

    Liie, Michael will get a “moose tag” this coming hunting season!

    #248207
    Michael Reid
    Participant

    Enjoyed the following 2 videos and started wondering are they destroying every thing and every one so at the end of this experience then I remembered let the hunger games begin.

    #248208
    zerosum
    Participant

    https://www.cnn.com/2026/08/24/world/live-news/iran-war-trump

    Here’s what Bessent said earlier:

    Trump has been calling world leaders with specific asks regarding the administration’s demand to work with the US to isolate Tehran economically, according to Bessent. He did not say specifically which countries Trump has been in communication with, but added that “we’ve already seen some results.”
    Bessent did not outline any specific timelines for when countries must cut economic ties with Iran or face financial penalties.
    Bessent declined to say whether the US is willing to target Chinese banks with sanctions — a move that could jeopardize delicate relations between China and the Trump administration. China is Iran’s main trading partner.
    The secretary also threatened to expel groups that help Iran launder money from the US financial system. Bessent said the public should expect a major sanctions announcement targeting an unspecified financial institution by the end of this week.
    Defending the decision to hold off on issuing sanctions targeting countries tied to Iran, Bessent said his announcement today was a “warning shot.” The US, he said, is “giving everyone the opportunity to remedy bad behavior.”

    Netanyahu praises Trump and Bessent’s sanctions threats against Iran

    By Oren Liebermann

    Israeli Prime Minister Benjamin Netanyahu congratulated President Donald Trump and Treasury Secretary Scott Bessent after the US threatened new sanctions targeting countries with ties to Iran.

    Bessent announced plans at a news conference today to place sanctions on countries that refuse to sever economic ties with Iran, but he stopped short of imposing new major penalties.

    Netanyahu prasied the move in a post on X.

    “You justly exact a steep price from that cruel dictatorship and from those who assist its continued aggression,” Netanyahu said.
    ———-

    #248209
    Michael Reid
    Participant

    WES:

    They are all lying. All you need is money. That is why they are stealing it all.

    I got a bull only

    Baked bread today

    Had some beets from the garden

    #248210
    John Day
    Participant

    I saw a Tesla Robo-cab in traffic on my bike ride in Austin theis morning, about 1/4 mile from a Tesla dealer. It debuts in a week.

    #248211
    zerosum
    Participant


    Diplomatic Shield Ends💨 Massive Retaliation Is READY🚀 Defenses Crumble⚔️ Military Summary 2026.08.24


    ———

    #248212
    tboc
    Participant

    before the telegraph, radio and televsion, before the information age, most communities lived in a degree of isolation without reliable information of anything outside their community. Now as the information age is maturing most communities live in a degree of isolation without reliable information of anything not even their own their community.
    This is called Progress.

    “The new is always made up of the old, or rather, what people see in the new is always the old thing.
    The rear-view mirror. The future of the future is the present, and this is something that people are terrified of.” ~ Marshall McLuhan

    radial ply tires and antilock braking systems are the two greatest life savers of the 20th century. I wonder what it will take to save us from the Musk future.

    Don’t worry D there are still plenty of brown people left to be sacrificed to mammon.

    #248213
    zerosum
    Participant

    Link to Bessent’s “Operation Economic Outcast” speech + Q&A

    LIVE: Treasury Secretary Scott Bessent speaks on planned Iran sanctions

    #248214
    Michael Reid
    Participant

    #248215
    Michael Reid
    Participant

    #248216
    Michael Reid
    Participant

    INTERVIEW: Trump is flailing about like a wounded animal

    #248217
    Michael Reid
    Participant

    Iran Answered BESSENT Before He Spoke -SANCTION US and You Are an Enemy China,Russia Told Bessent NO

    #248218
    Michael Reid
    Participant

    Bessent’s “Biggest Sanctions” FAILS Iran Moves Toward Mecca Pact as Trump Begs Pak for an Off-Ramp

    #248219
    Michael Reid
    Participant

    BRITAIN receives Dozens of Coffins: RUSSIA for the First Time struck ODESSA with ‘Tsar Bomba 2.0’

    #248220
    zerosum
    Participant

    So who is actually telling the truth?
    Only raw AIS movement logs and independent OSINT trackers reflect reality:

    14–29 ships actually crossing

    Hundreds stalled

    Energy flow down ~80–90%

    Container traffic almost absent

    Bulk carriers doing most of the movement

    Tankers largely immobilized

    Your truthteller summary

    The Strait of Hormuz is “open” in name only.
    Most official and commercial sources are not telling the full truth because they report presence, not movement.

    Only raw AIS movement logs and independent OSINT trackers reflect reality:

    14–29 ships actually crossing

    Hundreds stalled

    Energy flow down ~80–90%

    Container traffic almost absent

    Bulk carriers doing most of the movement

    Tankers largely immobilized

    Everything else is framing, not truth.
    ————

    #248221
    Michael Reid
    Participant
    #248222
    Michael Reid
    Participant
    #248223
    Michael Reid
    Participant
    #248224
    Michael Reid
    Participant
    #248225
    zerosum
    Participant

    Who are your friends?
    Bessent declined to name the specific countries.
    However, China, India, Turkey, Iraq, and the United Arab Emirates could be most at risk for US action, experts told CNN.

    US Treasury Secretary Scott Bessent earlier today warned of potential dire consequences for countries with economic ties to Iran.

    “Every country has a defined timeline to shut down activities we have identified. If they do not take action, we will do so unilaterally through Treasury authorities,” Bessent said at a news conference.

    Bessent declined to name the specific countries.
    However, China, India, Turkey, Iraq, and the United Arab Emirates could be most at risk for US action, experts told CNN.

    “China, by far, is the most impactful one if you really wanted to make a dent in Iran’s ability to continue to finance their activities,” said Daniel Tannebaum, a nonresident senior fellow at the Atlantic Council.

    According to the US-China Economic and Security Review Commission, China is Iran’s largest trading partner and purchaser of Iranian oil.

    Iran sent $22.4 billion in exports to China and imported $15.6 billion from there in 2022, per the World Bank.

    However, experts are skeptical that the administration will act strongly against China, especially ahead of Xi Jinping’s expected visit.

    “The US government has never gone hard on economic sanctions on China,” said Tannebaum, who is also a partner at management consulting firm Oliver Wyman.

    #248226
    zerosum
    Participant

    https://www.cnbc.com/2026/08/24/trump-canada-auto-tariffs-trade-war.html?msockid=18ea1a48e0016b6023fa0df1e1b16abd

    President Donald Trump said the U.S. will raise tariffs on imports of cars, trucks and auto parts from Canada to 50% on Jan. 1, 2027.
    Trump’s latest tariff threat would double top-line U.S. tariffs on Canadian auto imports, which currently sit at 25%.
    Canada sought to lower auto tariffs as part of a new trade deal with the U.S., which fell apart last week.

    #248227
    tboc
    Participant

    BAD BOY BESSENT:
    We’v been studying how money is crminalized in the United States and we know that we can devastate Iran by preventing it from using our criminal enterprise to their advantage
    We have spoken with Jamie Dimon, and let me assure you, we know how international money laundering is done most efficiently.
    Our pimps and street hustlers are going to be out in force making sure there is no freelance illicit trade outside of our jurisdiction. We have revived The Pinkertons and you know what that means.
    we will launch Operation Economic Outcast – Bad Boy Bessent 8/24/2026

    #248228
    Michael Reid
    Participant

    Larry Johnson: US Targets Iran’s Oil Network as Tehran Sets Sights on American Regional Assets

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