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The war on Iran will likely end in American retreat (www.aljazeera.com)

submitted 5 days ago by yogthos@lemmygrad.ml to c/worldnews@lemmygrad.ml

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[–] SocialistVibes01@lemmy.ml 9 points 5 days ago (1 children)

Trump is just a cog in the machine. The war is costing too much, just the damaged datacenters could be enough to Bezos (one of the true rulers of the US) tug his wires.

[–] SocialistVibes01@lemmy.ml 10 points 5 days ago* (last edited 5 days ago) (1 children)

And let's not forget the FED cannot print dollars like crazy anymore, value is migrating to the yuan. So, the money left in the safe is being eyed out by our Tech Monarchs to feed their AI bubble.

[–] GreatSquare@lemmygrad.ml 11 points 5 days ago (1 children)

I think the Fed will print more dollars like crazy because they don't want to stop the economy train. The AI bubble will be bailed out like the banks were bailed out in 2008.

[–] SocialistVibes01@lemmy.ml 7 points 4 days ago* (last edited 4 days ago) (1 children)

However if fewer people were getting those fresh dollars then the inflation would be felt more by the domestic market than it was in the past. Can the US still export inflation?

[–] GreatSquare@lemmygrad.ml 6 points 4 days ago (1 children)

We will see the same shit as 2008: Those rich people getting the fresh dollars leads to asset prices going even higher. I think it's already happening a bit now. And the US rich don't invest in companies that employ a lot of people any more.

[–] SocialistVibes01@lemmy.ml 3 points 4 days ago

Yeah that's a possible outcome