At Naked Capitalism Yves Smith has held for a while that only ‘the markets’ can prevent U.S. President Donald Trump from further attacks on Iran.

‘The markets’ here are for one the bond market where any slump would mean lower treasuries, higher interest rates and problems for the U.S. to finance its debt. It is here where inflation hits Trump the most. Any interest increase is a political burden for Trump who has argued for the Federal Reserve to lower its benchmark interest rate.

But ‘the markets’ are also the stock market where Trump is privately engaged. A recent filing to the US Office of Government Ethics revealed that more than 3,600(!) transactions were made between January and the end of March on Trump’s personal account, which is (allegedly) handled by his sons through a brokerage:

Trump is heavily invested in those companies which deliver the hardware for the Artificial Intelligence bubble:

Trump is personally hyping stocks he had bought:

Continue reading Moon of Alabama …

At what point do the American people decide on a French Revolution, take the pitchforks and torches, and seize and destroy the oligarchs? Seems both Left and Right could find common ground in that effort.