Defense Secretary Pete Hegseth insists “regime change has occurred” in Iran and said that the US is focused on pursuing a deal to end the war.

  • Devolution@lemmy.world
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    2 days ago

    Trump be running this country like he ran his casinos. He’s raping the nation like he raped children.

    • monkeyslikebananas2@lemmy.world
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      2 days ago

      And he can’t just give up, file for bankruptcy and scam his way out of this mess.

      Or maybe he can get MAGA to donate their money and children to fight the war.

      • N0t_5ure@lemmy.world
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        2 days ago

        I’m expecting a full-on financial collapse by the fall, with bank runs, etc. The U.S. was already in a precarious financial position, and oil prices aren’t coming down anytime soon. Buckle up, as 2026 is definitely going to be an interesting year in these interesting times we’re living in.

    • Hapankaali@lemmy.world
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      2 days ago

      If so, petrol prices wouldn’t be the reason. Prices of around $10 per gallon are quite typical for the world’s top economies. While higher prices due to oil prices and due to taxes aren’t economically equivalent, higher petrol prices have numerous benefits to the economy and spur innovation in energy efficiency. The undertaxation of petrol ranks among the significant factors contributing to the stagnation of the US economy.

      • pathwonder@kopitalk.net
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        2 days ago

        One has to include shortages of fertilizer, and the shortages of fuel that Asia faces now. As other experts point out, those shortages alone will result in demand collapses that will reach back to the US.

        Some believe the US has already collapsed. We’re just experiencing the after shocks.

        • I_Jedi@lemmy.today
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          2 days ago

          A few reasons.

          • Trump is old. They can only use him for so much longer.
          • Trump’s death can be used to make him look like a martyr and to spin whatever crazy story they want. “AOC killed him! I saw it with my own eyes!”. He can be more useful in death than he was in life.
          • Like the Russia in Shattered Union, Russia can support various successors and acquire a much more dependable puppet than Trump.
    • RememberTheApollo_@lemmy.worldOP
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      2 days ago

      Everyone tried to blame Biden for the spike. Wasn’t his fault that we had the worldwide whiplash in demand for fuel once Covid started to clear.

      We all said rightly that the president doesn’t control gas prices, at least those of us who had half a clue how economics worked did.

      I guess we were only partly right.

      Because when you bomb a country that controls a passageway for 20%+ of the world’s oil and LNG placing oil shipments in a chokehold, you sure as hell affect gas prices.

      • empireOfLove2@lemmy.dbzer0.com
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        2 days ago

        Wasn’t his fault that we had the worldwide whiplash in demand for fuel once Covid started to clear.

        Even that wasn’t the cause. It was the start of the Ukraine war disrupting all of Russia’s supply on top of rebounding demand and idled production elsewhere.

        It was so far outside the presidents control it was hilarious, but that didn’t stop all the MAGA yahoots from putting Biden “I did that” stickers on the gas pumps.
        Meanwhile the current spike is 100% completely undeniably Trumps own fault, yet everyone scrapes down the trump “I did that” stickers I keep putting up.

      • nova_ad_vitum@lemmy.ca
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        We all said rightly that the president doesn’t control gas prices, at least those of us who had half a clue how economics worked did.

        The logic is mostly sound because president’s don’t have a magic dial to control oil prices. But the logic also has sane decision making baked into it - president’s consider the effects that their actions will have on the price of oil and don’t do shit like this that will definitely increase it. Since that sanity no longer holds , the logic no longer holds .

        • CharlesDarwin@lemmy.world
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          2 days ago

          And even though all this was rather obvious, the redcap dumbasses were blaming Biden, because, well, they are really fucking stupid.

          • GutterRat42@lemmy.world
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            9 hours ago

            My coworker kept saying that it was because Biden didn’t want to drill, even though oil production during the Biden administration was the highest in history at the time. I offered to show her the numbers and she said she didn’t care about the numbers.

      • starman2112@sh.itjust.works
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        2 days ago

        Seems like a variety of things contributed. The two biggest things I can see are recovery from covid meant more driving meant more gas consumption, and Russia invading Ukraine meant higher oil prices.

  • hume_lemmy@lemmy.ca
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    So count Trump in amongst those who don’t understand how global oil markets work.

          • Omgpwnies@lemmy.world
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            1 day ago

            it’s a little worrisome that it appears that dumbass may have caused the country to “show it’s hand” in regards to it’s ability to project power, defend itself, and wage an offensive war. 20-something years ago when they pulled the same shit on Iraq they were effectively in Baghdad by dinnertime because they still had so much stuff still working from previous wars like F-14s and Iowa class battleships, not to mention lots of very current ordnance and the help of lots of other countries.

            On their own (Israel doesn’t count, it’s basically a US military outpost), against a much more technologically capable and well-armed adversary, there’s lots of cracks that are starting to show some daylight through them.

            Doesn’t mean that they’re not a formidable force, but definitely not what they were in the gulf war/desert storm era.

            Despite spending an absolutely gobsmacking amount of money every year.