In this conversation, Adam Meister and I discuss a range of topics, beginning with observations about restricted access and tensions in Judea and Samaria (the West Bank), before shifting to issues in El Salvador, including the controversial death of a national security advisor and the political implications for Bitcoin adoption. We both reflect on the value of studying philosophy as a means to develop critical thinking, understand opposing viewpoints, and temper emotional reactions, highlighting the influence of philosophers like Ayn Rand and the practical impact of philosophical inquiry on personal and professional growth.
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Based on this chart of Chinese oil reserves and the estimated price they will need to pay (no discounted Iranian oil) China is going to be in a world of hurt. It's hard to overestimate the impact to China if the Strait of Hormuz remains closed. This makes it hard to understand why China would supply weapons to Iran. I think Trump is pursuing a great strategy by letting the Strait remain closed. It will devastate Iran economically and China will face economic collapse if they don't get involved in opening the Strait themselves. All while the US oil companies rake in massive revenues. Trump can also invoke the War Powers Act to ensure domestic needs are prioritized over exports.
