"These Consumer Goods Could be the First to Vanish...
…as Supply Shock Disrupts Asian Factories”
From Zero Hedge.
Pope Leo Rebukes (Iran War)
Excellent Must-Watch on Oil Flow From the Gulf: What is Coming!
The oil crisis explained
(short video)
The Resurrection of Our Lord Easter Sunday
As the war situation dangerously escalates, let us observe a solemn Easter Sunday.
The discussion below focuses on the war crimes of the United States and Israel, upon Iran. As we feast this day, let not forget the mothers weeping over their children who are gone, on the other side of the world…
IRAN WAR: Bridges, Electric Power Plants Next / Lt Col Daniel Davis & Robert Barnes
From the notes:
“Robert Barnes [Constitutional Lawyer] argues that recent actions by U.S. leadership constitute clear war crimes, citing public statements like no mercy, no quarter as explicit violations of international law and the Pentagon’s own rules. They stress that following orders is not a valid defense, referencing the precedent set by the Nuremberg trials, meaning military personnel could also be held accountable. They warn that although accountability may seem unlikely in the moment (since enforcement depends on power), violations of law and principle still stand regardless of consequences. Potential future consequences could include: Impeachment of the president, Congressional pushback or defunding of war efforts, Criminal prosecution of political and military leaders by a future administration, Possible international prosecution. The speaker also criticizes a pattern of unchecked executive power, arguing that earlier unconstitutional actions signaled that leaders would face no consequences, encouraging further escalation. Additionally, they claim internal turmoil within leadership: Officials who disagreed were sidelined or fired, Intelligence reportedly found no imminent threat justifying the war, The president is described as increasingly erratic and prone to scapegoating others. Overall, the [conversation] portrays a situation where illegal wartime actions, lack of accountability, and deteriorating leadership decision-making could lead to serious political, legal, and institutional consequences in the future.”
“He is Risen! Indeed, He is Risen!”
"Iran Strike on Key Aluminum Producer Threatens Global Supply Chains"
Informative Article From Newsweek
…showing how inter-related supply chains are and how staggering are the effects of this war.
It's Bite the Bullet Time, Ready or Not
“All economic activity requires WORK. All work requires ENERGY. By striking at the root of economic activity, a series of events has been placed in motion that will violently shake every economy.”
Chris Martenson, Peak Prosperity
War with Iran: Oil Shortages in Europe & Asia
[Edited since posting.]
Peter St. Onge on X
Note what Mr. St. Onge does not say: It is true the US is the largest exporter of oil, however, we still import quite a bit. Don’t be lulled into thinking there is no potential problem in America. Don’t believe that propaganda.
Here’s more info from the US Energy Information Administration. This site has tons of material on these topics. I assume it is fairly accurate, but nothing seems to be tainted from propaganda anymore. Interesting excerpt…
“Saudi Arabia is also the greatest source of U.S. petroleum imports from Persian Gulf countries. About 12% of U.S. total petroleum imports and 12% of U.S. crude oil imports were from Persian Gulf countries in 2022.”
Oil and petroleum products explained:
Oil imports and exports
Note: Chris Martenson’s most recent audio presentation, “Wake -Up Call #14” refutes the assertion that the US is a net oil exporter (claimed in the link above). He claims we are actually a net importer, when you take into account all of the complexities involved in the analysis. He’s been doing this research for a long time and has written several books dealing with these topics. It is possible that the link above is technically correct, but it is not simply petroleum that is the important issue, it is the grade and its usage that really matters.
War with Iran: Global Energy Crisis Begins
Ras Laffan Industrial City in Qatar has been bombed by Iran. This facility produces nearly 30% of the world’s liquefied natural gas (LNG). Qatar has suffered other damage to its LNG in the past several weeks.
Here are some facts from my research:
Europe gets about 20% of its LNG from Qatar. In particular, Germany, France and Italy all rely on Qatar since cutting off Russian gas.
Japan is already scrambling to find alternative LNG.
Cambodia just started panic-buying fuel from Singapore and Malaysia.
South Korea, India and Pakistan are all massive Qatar LNG buyers.
All of this will result in higher LNG prices, electricity bills, manufacturing costs, food costs, shipping costs, heating and cooling costs…and the list goes on.
There will be an inflation shock that central banks will have to navigate.
This will also result in currency instability and a capital flight to hard assets.
This is a global energy crisis at this point and LNG is only part of the story. Prepare accordingly.
Special thanks to a crypto expert named Chen on X, who works for Binance.
War with Iran: Massive Energy Shock Unfolding...
This changes EVERYTHING. Now.
Hopefully the worst won’t happen. But hope is not a strategy.