by Robert Gore, Straight Line Logic:
A prime number for prime money
Change, like death, prompts psychological turmoil. Intellectually, most of us grasp that change is ceaseless, just as most of us realize we’re going to die. Emotionally, however, few embrace the former or accept the latter.
Humanity is in the throes of a change that is reversing a centuries-long trend. Power, in all of its aspects, is migrating downward. This epochal reversal has received scant intellectual recognition. Psychologically, it manifests as panic among the powerful and as newfound assertiveness among the formerly less powerful. It will take decades, perhaps centuries, to fully play out.
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The Houthis, a Yemen-based, Iran-linked insurgent group, have brought shipping through the Red Sea to a standstill with drones and missiles launched from mobile launchers. Iran could do the same in the Persian Gulf, shutting down the Strait of Hormuz, which would send the price of oil per barrel well into triple digits, tip Western economies into depression, and unravel the global derivatives daisy chain.
On land in Ukraine, $500 Russian drones are taking out $10 million Western tanks. Ukraine has burned through billions of dollars of Western armaments and stolen billions of aid. It has lost more than half a million soldiers and millions of Ukrainians have fled west to Europe or east to Russia. Its much heralded counteroffensive impaled itself on the spears of Russia’s multilayered defenses. Russian missiles are methodically destroying Ukraine’s electrical grid. Now that the country has been decimated, Russia can advance, consolidate its gains, and—if the West eventually acknowledges reality—impose peace on its own terms.
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