Donald Trump is now in exactly the same economic quicksand that Richard Nixon and Jimmy Carter found themselves in
Donald Trump has fallen into the trap. He is in exactly the same economic quicksand that Richard Nixon and Jimmy Carter found themselves in, Stagflation caused by the Arab oil weapon. The Iranians really don't have to do anything at all now. The mere fact that they can close the strait of Hormuz at will with inexpensive mines and drones creates uncertainty in the American business sector that makes realistic planning impossible, and discourages investment, for that reason. It doesn't even matter what the price of oil or gas is, they could spike and double at any time, on any day. And, there's absolutely nothing Donald Trump can do about it. He can bomb Iran all he likes, and Israel can join in. They can kill all the senior political and military leadership of Iran, it doesn't matter in the slightest, because the people, the military and the politicians all know that they have the ability to bring America and Israel to their knees, and they will never give up that power, why would they? It's not like Israel and America are all that nice if you cooperate with them, right? They will squeeze you like a ripe tomato! So, the professional economists and political analysts can make all the predictions they want about how Iran "must" submit, on the basis of their complex mathematical models, but, they don't, and they won't, they aren't total fools! They will retain their weapons and their power to crush Israel and the US, because they know their very survival as a nation, and as a people depends on it!

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