The Next Financial Shock to Come From Trump’s War With Iran
The New Republic

The Next Financial Shock to Come From Trump’s War With Iran

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Let’s set the scene. The U.S. government is staring down a projected $1.9 trillion deficit for this fiscal year, with the total national debt now pushing $39 trillion. Simultaneously, the expanding war in Iran and the subsequent crisis in the Strait of Hormuz have fractured global energy supply chains, driving Brent crude to $119 a barrel and sparking a…