Comment by dmix
4 days ago
Both Kuwait and Bahrain did airstrikes in Iran today with intelligence and air support from UAE. The gulf states being low risk targets will likely be a short term thing for Iran in the long run as well. https://x.com/WSJ/status/2080693251682795705
The US will not be able to sustain a military presence in the Middle East for much longer. Dedollarisation is happening and when it hits a tipping point, they won’t be able to sustain their current debt financing and interest on treasury bonds will rise sharply to compensate for that.
Won’t be pretty, as no empire has ever fallen peacefully.