General Stock Ideas

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Rickards discusses the history of the 'financial wars' with Iran, during which Iran was banned from the dollar clearing system in 2011 (Fedwire) and then later from SWIFT (which also includes payments in Euros). This 'de-SWIFT-ing' is what forced Iran to agree to international inspections -

(starts around 26:00)


The current financial war started with Trump tearing up that deal and threatening to de-SWIFT Iran again. Iran already can't use the dollar payment system (Fedwire), but without SWIFT they can't accept Euros as payment for oil either.

So the noose is tightening around Iran. If they lash out and do something desperate, like trying to block the Straits of Hormuz, that's the perfect excuse for US military action, which is what Bolton and the Neocons want.

This toxic environment is also ideal for pulling a false flag, and the Neocons won't let a good opportunity go by. Trump is already a hawk on Iran, and is squirming under his own political problems, so he may welcome a war.

Rickards compares the Iran situation to the sanctions and oil embargo the US put on Japan just prior to their attacking Pearl Harbor.