{"id":46715,"date":"2019-06-17T08:50:13","date_gmt":"2019-06-17T13:50:13","guid":{"rendered":"https:\/\/olduvai.ca\/?p=46715"},"modified":"2019-06-17T08:50:16","modified_gmt":"2019-06-17T13:50:16","slug":"will-a-false-flag-iran-war-cause-a-financial-crisis","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=46715","title":{"rendered":"Will A False Flag Iran War Cause A Financial Crisis?"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\"><a href=\"https:\/\/www.dollarcollapse.com\/false-flag-iran-war\/\">Will A False Flag Iran War Cause A Financial Crisis?<\/a><\/h3>\n\n\n\n<p>Just a couple of weeks ago the financial world\u2019s biggest worry was the plunging price of oil. Supply was up, stockpiles were building and speculation was pointing towards $40 a barrel, a price at which the fracking\/shale oil \u201cmiracle\u201d would evaporate. A trillion dollars of related junk debt would default, taking a big part of the leveraged speculating community along for the ride.<\/p>\n\n\n\n<p>Then it all changed. Someone attacked some ships and oil infrastructure in the Middle East, the US and Saudi Arabia accused Iran, and now the fear is that a major regional war will interrupt the flow of oil,&nbsp;<a href=\"https:\/\/www.cnbc.com\/2019\/06\/13\/tanker-attacks-reignite-oil-fear-premium-prices-could-spike-to-80.html\" rel=\"noreferrer noopener\" target=\"_blank\">sending its price way up&nbsp;<\/a>and causing a financial crisis at least as severe as a shale oil debt collapse.<\/p>\n\n\n\n<p>This is a legitimate concern, for two reasons.<\/p>\n\n\n\n<p>First, oil shocks have happened in the past, most notably during the Arab-Israeli war of the 1970s. So we know what they do, and it isn\u2019t pretty. Gas prices jump, workers can\u2019t afford their commute, the economy slows dramatically and pretty much everyone other than domestic energy companies suffers badly.<\/p>\n\n\n\n<p>Second and potentially more serious, the pretext for this war is so blatantly false that it risks destroying what little creditability the US government has left. Think about it: With the US doing everything it can to delegitimize and destabilize Iran while positioning assets for an invasion, Iran\u2019s leaders \u2026 start attacking oil tankers in its offshore waters.<\/p>\n\n\n\n<p>Does that make sense? Of course not. Much more likely is that this is yet another false flag \u2013 that is, an incident faked to give a pretext for war \u2013 and a clumsy one at that.<\/p>\n\n\n\n<p>For readers who aren\u2019t clear on the false flag concept and its ubiquity in geopolitics, here are\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/newspunch.com\/shocking-list-of-official-proven-false-flag-attacks\/\" target=\"_blank\">just a few of the dozens of documented examples<\/a>:<\/p>\n\n\n\n<p>&nbsp;\u2026click on the above link to read the rest of the article\u2026<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Will A False Flag Iran War Cause A Financial Crisis? Just a couple of weeks ago the financial world\u2019s biggest worry was the plunging price of oil. Supply was up, stockpiles were building and speculation was pointing towards $40 a barrel, a price at which the fracking\/shale oil \u201cmiracle\u201d would evaporate. A trillion dollars of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2,5],"tags":[296,312,441,7544,588],"class_list":["post-46715","post","type-post","status-publish","format-standard","hentry","category-economics","category-geopolitics","tag-false-flag","tag-financial-crisis","tag-iran","tag-john-rubino","tag-oil"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/46715","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=46715"}],"version-history":[{"count":2,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/46715\/revisions"}],"predecessor-version":[{"id":46717,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/46715\/revisions\/46717"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=46715"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=46715"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=46715"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}