by Brian Shilhavy,Health Impact News:
While the U.S. Stock Market had a brief reprieve yesterday, mostly based on Trump’spromiseslies to escort ships through the Strait of Hormuz and that gas prices would quickly drop after the war, the markets tanked again today when faced with the reality that Trump’s assurances were just empty words.
The rich Arab Gulf states are being relentlessly bombed, knocking oil and gas production offline, and the Strait of Hormuz remains blocked, at least to the countries supporting the Zionist State of Israel.
And rising oil prices are not the only doomsday news coming out of the war with Iran in terms of the U.S. economy, as Big Tech is also taking a huge hit, as these rich Arab Gulf kingdoms are also home to some of the largest Venture Capital funds that flow into Big Tech and AI.
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These are the stories I have been following today as posted on ourTelegram Channel.
Watch the confusion of this corporate U.S. journalist when Iran’s Foreign Minister calmly states that they are not worried at all about a U.S. ground invasion, but are actually “waiting for it.”
Air Taxi for rich billionaires in Dubai.Image Source.
The rich Arab States have some of the largest venture capital firms investing in Big Tech as the price of oil has been so low for so long, and they have been investing heavily in technology for years now to make up lost revenue in oil sales.
Now those investments are going up in smoke as they are unable to stop Iranian drones that are destroying their infrastructure. This is a financial catastrophe for Big Tech.
Source: SGT Report
