Only a fool predicts when a capitalist crash will come, but only a greater fool says it won't. Capitalism is a retarded algorithm. It crashes to re-allocate capital, this is so regular it's called the business cycle. In lieu of debt jubilees or central planning capitalism just blows up. And they've been inflating this bubble well beyond its due date, this is the big one. Even more foolishly, capitalist insiders are blowing stuff up on purpose, to make money on insider trading. I have been saying the Greatest Depression is coming and I think this might be it. Either way, it ain't good.

Qatar Energy has just declared force majeure, which means they cannot honor contracts, they cannot deliver product (LNG specifically). Qatar is simply acknowledging the reality that the markets will not. Nothing is moving through the Strait of Hormuz. As Iran somewhat hilariously said to the UN, “We haven't closed the Strait of Hormuz, but it is not currently open.”

Geopolitically, what is happening is that Iran is finally giving the White Empire a taste of its own medicine. Iran—which has lived under sanctions for decades—has now sanctioned all the satraps that were living it up under the White Devil's thumb. As the Quran says, “God makes an example of a town that was secure and at ease, with provisions coming to it abundantly from every quarter. Then it showed ingratitude for God’s blessings and God afflicted it with hunger and fear because of what they did.” So it is for the shitty-states of the Gulf, which made a deal with the Great Satan. You know how deals with the devil go. They're getting their comeuppance now.

The downside is that this will crash the global economy, which is hopelessly plugged in. Stock markets don't reflect this because they're a cabal of crooks, but anyone with eyes can look. The average Sri Lankan went on a petrol run last week because we've lived through energy collapse before. That's what's coming to the whole world. The markets have barely registered the impact of the Strait of Hormuz being shut down, but there is a real impact in the real world. Fossil fuels, the fertilizer made with fossil fuels, the investments financed with fossil fuels, that's all cooked. Energy is the only real currency, as Vaclav Smil says, and the Gulf States are going bankrupt.

People say that only 20% of oil goes through Hormuz, but this is like 20% of your pants being on fire. Still too much! The knock-on effects on this knock-around economy are precisely how crashes start. It's like Jenga, and this is a very low block. As Qatar (the least Satanic of the Emirates) said to the FT,

“Qatar expects all Gulf energy producers to shut ​down exports within weeks and drive ‌oil to $150 a barrel,” the country's Energy Minister Saad al-Kaabi told the Financial Times in an ​interview published on Friday. “Everybody that has ​not called for force majeure we expect ⁠will do so in the next ​few days that this continues. All exporters in ​the Gulf region will have to call force majeure,”

This isn't like the Lehman Brothers crash of 2008 where a bunch of crooks got spooked by paper moving around. That mortgage crash merely reflected reality, but reality is staring us in the face right now, and it ain't pretty. Real things are happening in the real world which have real consequences. We drive oil, we eat gas (fertilizer), everything is fossil fuelled, even renewable production. Countries are a little hedged with reserves, but this is the burning bush, it's a come-to-Jesus moment. As Allah said in Their latest software update, “We have adorned the earth with attractive things, so that We may test mankind as to which one is best in conduct, but We shall reduce all this to barren waste.”

The geospiritual fact is that Iran and the Gulf States both got riches of oil, but the Emirates were led astray by the Great Satan and Iran alone remained independent and good. If that's too religious for you, Iran is the only country that did its duty under the Genocide Convention. Iran is certainly the best in conduct, and for decades they got nothing but punished for it. Now, however, the shoe's on the other foot. Iran is kicking all the apoStates in the ass right now. Iran has said if we can't sell oil, nobody can sell oil, and now nothing is moving at all. Oil lubricates the whole economy, and the whole thing is going to sputter to a halt, with parts flying in all directions.

Why haven't the markets priced this in? Why don't people in a casino know what time it is? Because in a casino they never turn the lights down, but when the power cuts start, the run will make the 2008 crash look like a cakewalk. Iran is squeezing the necks of all the wicked who feasted while Gaza starved and you can't say they didn't have it coming. However—as always—it is the bodies of the poor that will take the brunt. I don't know where you are but I know what I've been through and I'm saying look out. Economic crash incoming. I have been through localized energy/financial collapse in Sri Lanka and I can offer some tips, but the main one is this. Whatever you're doing to get ready, do it now. Too soon becomes too late before you know it.