Ann Pettifor: Ignore the Blockade Bluster: Israel and the US Have Lost this War. Prepare for a Global Slump.

I hesitated before writing a post on this war. Until today.

Finally the fog of war has lifted. Trump’s decision to impose a blockade on shipping moving out of the Gulf is a deliberate act of economic sabotage of the global economy. It is in revenge for his and Israel’s own strategic and military defeats.

Defeats that even the Wall Street Journal’s editorial board is obliged to acknowledge.

Continue Reading the Article HERE

Image

US-Israeli bombing of Tehran on March 3, 2026. Photo by Avash Media on Wikimedia Commons (CC BY 4.0).

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