Before the war, Iran didn't control the strait, simply because it didn't realize it could. Drone technology had advanced to the point where Iran was able to shut down Hormuz, but Iran didn't know that until the U.S. attack forced it to try the risky and desperate move of actually shutting it down.
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We are living in a technological cold war where there is an iron curtain increasingly developing uh being drawn up between mainly China and the US. And what is clear to me is that increasingly uh Hong Kong is getting looped into mainland China. This I think may be net bad for the financial services sector in Hong Kong which relies on being a crossber hub not just of funds and financing as you know but also of talent and IP.
China Decode
Trump has delivered on his promise of unconditional surrender. The problem is we're the ones unconditionally surrendering.
Pivot
Somebody is getting screwed in this country and somebody is doing the screwing. It's just not immigrants and Muslims and gay kids and drag shows. It's corporations and billionaires and super PACs.
Book of the Day