macro larp analyst crypto round-trip expert
Joined December 2015
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10/10 long liquidation event is collectively agreed upon as one of the driving factors to this current bear market for crypto (structurally and socially)
i’d say that this short liquidation event has the potential to have a mirror effect for the beginnings of another bull cycle
biggest bull trap in the world right chat???
in reality, it’s important to remember that markets are forward looking and the actual health of the economy isn’t always the best indicator when trading financial
that being said, i can see a scenario where the effects of this most recent global event leads to effects later on in the year
expected
China and Russia benefit immensely from this situation
the US is probably pressured more into toppling the regime due to this
if Iran ends up controlling the Hormuz after this conflict then the US would have take 2 major strategic losses
BREAKING: China and Russia have vetoed the Bahraini UN Security Council resolution on protecting shipping in the Strait of Hormuz, per Reuters.
The resolution was the only formal international mechanism on the table to address Hormuz access. Bahrain, host of the US Fifth Fleet, has been pushing it since the war began.
The diplomatic track on Hormuz is now formally dead, with 8 hours left on Trump's deadline.
bvsed retweeted
Once again, if both the demand and the supply for something is very inelastic in the short term and you suddenly cut ~15% of supplies, the price will go to insane levels in relatively short order.
This will continue until either Hormuz is reopened no matter how exactly or it reaches such a level that it triggers a recession that will "solve" the problem by destroying enough demand.
There is nothing mysterious or unexpected about it and the only reason anyone is surprised by this is because people have memed themselves into believing that basic economics was a panican conspiracy.
what Iran decides to do the American pilot if they catch him will be really telling about the current regime’s attitude towards the US
if local populace finds him first, how he is treated will also tell us a lot about the perspective the Iranian people hold against Americans
crazy sight. doubt any oil tankers who doesn’t have explicit access to cross will want to risk an outcome like this
Exclusive from @citrini x @hntrbrkmedia: A fishing vessel is ablaze in the Persian Gulf just off the Strait of Hormuz.
remind me to never reply to a overtly political post on this app
i just got bombarded by like 6 Russian psyops bots lmao
6 vessels have moved through the Straight of Hormuz in the span of a day according to this report
just for reference pre-war marine vessel traffic was roughly 100+ a day
coming up on week 6 of closure. this is just absolutely tragic for the global economy
