
The Iran War could trigger a global economic crisis and you won’t find a better summary of why than this one sentence from Rachel Ziemba below. Yes, this is about gas prices. But it’s also about: - the cost of food (fertilizer inputs are stuck) - the cost of computer chips (LNG and helium are stuck) - the cost of green energy (sulphuric acid produced by refineries is used to extract COPPER, which is used to make EVs, transformers, etc, is stuck) - the cost of moving anything anywhere (jet and container fuel) We’ve snapped the thin ACL of the global economy with no clear plan to surgically repair it.

I recognize this is not the most important thing in the world but it is critically necessary that we have national moratorium on pleading "Mr. President" headlines. Something so tiresomely 1957 about "Mr. President, I Beseech You That the Time...