Iran War Turns Apocalyptic! Will there be Bank Runs Soon due to Liquidity Crisis?
The Iran War turned apocalyptic this weekend, as both sides allegedly started attacking and destroying desalination plants that turn sea water into drinking water, which is crucial to life in the barren, desert Gulf States (I lived there for 4 years in the 1990s).
This is far more crucial for the rich Arab states than it is for Iran, as Iran only uses a tiny fraction of their drinking water from desalination.
Iran claims the U.S. started this by bombing one of their desalination plants, which then prompted an attack on a desalination plant in Bahrain.
These desalination plants are not only crucial to providing safe drinking water, but they are also needed to produce large quantities of fresh water to run new AI data centers in these desert kingdoms.
Meanwhile, in a huge financial story that came out Friday but was barely mentioned in the corporate media while the U.S. stock market was rapidly declining, BlackRock, the largest hedge fund management company in the world, blocked nearly half of the investors who requested withdrawals from its $26 billion private credit fund from withdrawing their funds, a sign of a major liquidity crisis in the U.S. markets.


































































