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9
That's actually a bit LESS bonkers than I had originally thought.

Basically what JPM is saying is that once Countries That Matter start to have oil troubles, they're going to say "Look, we need this problem solved, and whoever is making trouble for getting it solved, you're gonna start losing family members in Nasty Accidents, fix this right now."

your claim that the Iranian government would collapse if the current ayatollah is taken out is ridiculous and is the same line of thinking that got us into this mess in the first place.

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3
Strategy re Iran is not gonna be that, their system is too decentralized. They will be brought to heel by China who is their supplier.

But China needs oil so China needs the strait opened anyway, so interests align.

Mostly the problem here is the US, so the thinking is that pressure will be applied there.