Peter Zeihan

Let's say everyone around the world decided to sell their bonds at the same moment.

And so they start trading at 20 cents on the dollar, maybe even below.

The U.S.

Federal Reserve

in 30 seconds can expand the money supply and they just retire all of it at 20% of the cost.

I mean, honestly, from an economic point of view, that would be lovely.

I would love it if everybody did that at the same time.

That would be fantastic.

So not worried about that.

Nukes, two weeks ago, wasn't really worried.

Now I see that as a very realistic scenario because if you're Ron and you've got, you're a dead supreme leader and

and you're being demanded to surrender unconditionally, why would you not build and use a nuke?

Delivery to the United States would be the complication.

It suggests it would need to come in on a cargo facility into a port where the screening is on land and not at sea, and that would argue most strongly for Houston.

There is no country and no leader who Trump respects enough to serve as a mediator.

In fact, Trump thinks that he should be the only mediator, period.

So I find that unlikely.

For the new guy in Iran, he's a very, very violent, militaristic individual.

He hasn't been in charge long enough for us to know what his geopolitical preferences are.

But I find it difficult to believe that as he's building up his institution of the presidency that his first thought will be to reach out to a third party.