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RE: Iran Just DUMPED THE DOLLAR! Remember What Happened the Last Time a Country Did That?
I can't see the US being able to do much with Iran. They have the backing of China and Russia. It may be that they use Israel as their proxy, but even Israel would be put in a very precarious position if they attacked Iran. I think they should all just calm down and get along personally. Most average people are fed up and exhausted with this perpetual cycle of war. It's time for global peace.
Russia, Iran, china and others have positioned themselves and pushed the US into a corner so that this can happen. There is no way we could outright attack Iran now without the UN taking action. Remember not to long ago, Trump blasted the UN? The US is being put in its place and there is not much the US gov can do about it. Hence the extreme buy-back of treasuries by the FED. The US used to be able to just pressure countries into accepting and bowing to its hegemony, this is no longer the case.