If the Iran war was a 5D chess strategy, it doesn't make sense because the industrial base needs Hormuz to stay closed forever to invest in onshoring and production, but the Treasury market is priced on Hormuz reopening someday. These are two fundamentally opposite needs that cannot both be satisfied, which is why Groman believes it was a miscalculation rather than strategic brilliance.

causalpending

Speaker

Luke Groman

Evidence Quote

These are two fundamentally opposite needs. The Treasury market needs Hormuz to reopen, but the industrial base needs it to stay closed forever.

Source

U.S. Has Reached ‘Choose Your Poison’ Moment: Save the Dollar or Save Treasuries | Gromen & MakoriMiles Franklin Media
Created: 8/12/2026, 2:30:31 AM

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