Economics | The Truthseeker

U.S. Navy Warns it Can’t Sustain Operations Around Iran Due to Extreme Costs

The U.S. Navy has been forced to extend the deployments of its warships by several months for the campaign, causing issues with logistics that have resulted in food shortages onboard, while negatively impacting crew morale

Pentagon lowballs Iran war cost at $29 billion as real toll could hit $1 trillion

$29 billion sounds suspiciously low. Other estimates put the cost of the war for America at over $1 trillion

The ‘six out of six’ recession warning that just flashed red again…. here’s why Americans should be petrified

An oil market indicator is flashing a red alert, raising fears that we could soon be heading for a massive economic downturn.

The monetary system is designed to enslave you and your government

As the Bank of England has confirmed, money is created when a loan is signed, and this system funnels wealth upwards to the bankers while keeping the masses in debt

France pulls $15B of gold out of US vaults, and more EU member states may follow.

The US is rapidly losing its appeal as a safe haven during times of global financial turbulence

EU economic sanctions ramp up NATO war plan on Russia

So far, the EU’s economic sanctions against Russia have been an abject failure. But the failure of economic measures is no longer the point. It is what they reveal about an intensifying NATO war plan against Russia

UAE warns it could sell oil in yuan if dollar liquidity crunch hits

The end of the petrodollar looms as the United Arab Emirates (UAE) warns that it could switch to Chinese yuan or other currencies to settle oil sales if it faces a severe shortage of US dollars

FACT: The U.S. is NOT a net exporter of oil, nor is it completely energy independent

Despite the rhetoric coming from Trump and his cronies, the U.S. is about to get hit with drastically higher prices for all types of petroleum-based products, followed by exploding food prices.

“A permanent hit to living standards” – Iran War agenda revealed.

Just six weeks in, we’ve already got “global Economic scars” that will “define a generation”. That was fast.

US has two months of rare earth supplies left, SCMP reports

This report is over two old, so the U.S. has little more than six weeks supply left. This is crucial because rare earth elements are a key component in missile guidance systems, fighter jets and radars. In other words, without rare earth supplies the U.S. war machine could soon grind to a halt.

FOOD CRISIS BEGINS: Supply chain already being affected by US/Israel-Iran war, and guess who’s ready to step in and profit with fake-meat alternative proteins?

Bill Gates and the state of Israel have a plan to feed the world when WWIII-driven famine hits and people can no longer afford to buy dwindling supplies of meat, fish, etc.

Shocking : US–Iran Conflict Escalates as Iran Continues Attacks on U.S. Forces – Doug Macgregor

The Straits of Hormuz is crucial to the global economy. 50 percent or more of China’s oil passes through the Straits, as do72 to 73 percent of Japan’s oil and 65 to 68 percent of South Korea’s oil; more than 50 percent of India’s close. Closing the Straits will have devastating economic repercussions. However, this doesn’t change the fact that Iran still has many thousands of missiles and the will to carry on fighting