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Defeat

šŸ‡®šŸ‡·šŸ†šŸ‡ŗšŸ‡ø Iran Is a Bigger Defeat Than Vietnam | Foreign Policy

At his second inaugural, U.S. President Donald Trump pronounced his hope ā€œthat our recent presidential election will be remembered as the greatest and most consequential election in the history of our country.ā€ By losing his Gulf war, Trump has achieved that goal. His choice to launch a campaign against Iran was encouraged by others, but fully his own. It has led to a reversal that marks a strategic calamity far greater than the U.S. defeat in the Vietnam War.

Defeat in the Iranian war looks, on the surface, nothing like other U.S. military defeats. The speed of the war and its remoteness have lent an air of unreality to the whole endeavor. The White House has not been burned, as it was in 1814; there have not been protests against a nonexistent draft. The absence of substantial U.S. casualties in this conflict also masks the scale of the U.S. defeat. To be sure, the war has been deadly: Thousands of Iranians, combatants and civilians, have died in the fighting. Americans, however, have endured far fewer deaths: To date, fewer than 20 U.S. soldiers have died—and many of those in a single strike.

By comparison, the scale of what the Vietnamese call the American War is breathtaking. Millions of people, mostly civilians, died in more than a decade of fighting waged over much of the skies and jungles of Southeast Asia; of those, just under 60,000 were Americans. So bitter was the experience that, for a generation, when Americans mentioned the word ā€œVietnam,ā€ they did not refer to the actual country or society that bears that name—about whom they remained largely ignorant even after years of struggle. In American usage, Vietnam was understood to be primarily a metaphor or a symbol for an American experience.

To many ordinary Americans, it meant personal grief. For some elites, Vietnam was a cautionary tale about the hubris of power; for others, it was an error that hindered proper strategic calculation in the present. There was, however, a national consensus that Vietnam was a stain on the national fabric: A 2014 Chicago Council on Global Affairs poll found 58 percent of Americans described it as a ā€œdark momentā€ and only 12 percent as something to be proud of.

The most difficult point to grasp about that conflict today may be why the United States fought so hard given how little the conflict turned out to matter to Washington. For all that U.S. policymakers waging war tolerated what would now be almost unimaginable casualties, U.S. failure in the war ultimately mattered little to broader American strategic objectives.

Those observations do not change the fact that, for the United States itself, the consequences of a costly defeat were, in the long run, relatively minor and inward-looking. The United States emerged from the wider Cold War triumphant. Vietnam itself is a power surprisingly friendly to the United States today.

Compare that situation with the aftermath of Trump’s war. The United States is inarguably in a weaker position than when it began this war of choice, with core U.S. strategic objectives harmed.

Contrast how its military performance has seemed during this conflict with the U.S.-led coalition’s war to reverse Iraqi President Saddam Hussein’s conquest of Kuwait. In the 1990-91 conflict, the seeming ease with which Iraq’s military was dismembered stunned the world.

By contrast, the technically superior performance of U.S. arms in the Iran conflict has been overshadowed by the shallowness of U.S. arsenals, calling into question U.S. preparedness for a conflict with any foe more powerful than the Islamic Republic. The lasting image of high-tech combat from this conflict will be the blood-spattered bags of Iranian schoolgirls killed as the result of an apparent database error. And although U.S. defensive systems have performed well against Iranian missiles and one-way attack drones, Iran was nevertheless able to penetrate those systems to great effect, calling into question how those systems would fare against a more focused enemy or over a longer conflict.

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This is gross.

Speaking at the WEF, Savor CEO Kathleen Alexander boasts about how her company is "saving the planet" from the evils of agriculture by replacing real butters and oils with synthetic versions made from carbon dioxide and methane. 😳

"Savor is part of bringing transformation to the food system by re-imagining how we make an entire macronutrient—fats and oils."

"The result is that we can dramatically lower the planetary footprint of our food system."

"Our food system today uses about 50% of the habitable land on the planet. It's 20-30% of our greenhouse gas emissions."

"And we can reduce all of those by 50-100%."

Source

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Duh Markets

šŸŒ† Market News Digest
[July 3, 2026 EST]

šŸ”„ Top Stories
• Middle East risk flares — IDF hits Hezbollah sites in south Lebanon; Houthis threaten Saudi assets; France deploys naval/mine-countermeasure assets near Hormuz.
• U.S. oil market scrutiny — DOJ/FTC say they’re monitoring crude for price-fixing/collusion as Brent settles at $72.12/bbl.
• Trump pardons saga — Trump signs pardons for six and faces fresh scrutiny after NBC reported undisclosed stock purchases before tariff pause.

⛽ Oil & Energy
• Gulf crude exports topped 10M bpd in June but remain ~40% below pre-conflict levels; Fitch flags ongoing Iran/Mideast risk to corporates and oil forecasts.
• CMA CGM warns Hormuz transit charges would be ā€œdevastatingā€; Airbus says defense cooperation remains pressured.

šŸ“Š Markets & Macro
• Germany’s 2027 draft budget lifts borrowing to €203.7B and spending to €555.4B; euro equities firm with DAX +0.85%.
• ECB/BoE message: inflation still the focus, but Bailey says UK ...

The Path to War

According to The Wall Street Journal, Donald Trump reviewed military options for a full-scale war against Iran to ā€œfinish the job,ā€ but has decided, for now, not to move forward.

The report says Trump is concerned that renewed military conflict could hurt the chances of a diplomatic resolution and of dismantling Iran’s nuclear program, and that he’s shown willingness to let indirect talks in Qatar run past the August 18 deadline. He is said to be fine with continuing limited strikes on Iranian targets if Tehran violates the current temporary deal - as it already has, repeatedly.

How are those negotiations going?

Not well. It seems JD Vance’s ā€œhistoricā€ face-to-face achievement was a one-off. Washington has been quietly downgraded from talking to the Great Satan to negotiating with the Little Satan instead - a senior Qatari official confirmed that U.S. envoys Steve Witkoff and Jared Kushner met Qatari officials in Doha, but there are currently no high-level U.S.-Iran meetings ...

Synthetic

🚨BREAKING: First Peer-Reviewed Paper of it's kind has been published:

From Synthetic DNA and RNA-Based Self-Assembling Nanotechnology to Sequalae of COVID-19 Shots

'The resultant technologies are exponentially proliferating as manifested in IEEE standards pertaining to body area networks (BANs) incorporating people irrespective of their body size thatenable computing devices in, on, or around the human body to read and write messages from and to those bodies undetected by the persons in the network. More recently, as we will show, according to DARPA’s most authoritative spokesperson, James Giordano — PhD, and leading neuro-ethicist advising the US military — such nanotech capabilities for wireless networks that are connected and managed by electromagnetic waves powered by cell phones and cell towers for 5G and 6G are elemental to dual-use technology and weapons systems.'

PDF: https://ijvtpr.com/index.php/IJVTPR/article/view/129/451

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