Yemen war begins, Chaos, Germany, Ukraine, What next?

 U.S. STRIKES YEMEN, U.S. SHIPS WILL BE TARGET

GERMANY IDLED, UKRAINE DESPERATE FOR MONEY

Yesterday the Biden administration began the war with Yemen. Numerous targets were bombed by aircraft and cruise missiles. While the Houthis may have it coming, it is another example of an out of control executive branch that wages war without congressional approval. This policy has been in place for over 2 decades and now appears to be a permanent usurpation of the constitutional process. We can now expect the Houthis to consider the destruction of a U.S. warship their main target, if they are successful, the Biden administration will be in a very difficult political situation, it will require further escalation.

Interesting hypocrisy, the EU and U.S. condemned Saudi Arabia for the same kind of retaliation when the Houthis were launching missiles against them.

Ukraine is touring the Baltic region with hat in hand, so far a measly 200 million Euros has been contributed. Ukraine needs $5 billion a month to keep the government running, salaries, pensions, police and bureaucrats. When that becomes impossible it will be the end of the Zelensky government. NATO has adopted Ukraine as its own stepchild and it is becoming clear that it is indeed a high maintenance adoption.

It is expected that the U.S. is bent on confiscating $300 billion in Russian assets in western banks and using to aid Ukraine. This is an unprecedented action. It will not be without cost to any western companies with assets in Russia, they can be expected to write them off as a total loss. We can also expect many other countries to begin to withdraw their assets from western banks in fear that they could be in jeopardy. The repercussions may be far beyond imagination.

Germany is in fact at a standstill, The rail system is 90 % idled by a strike, the highways are blocked by farm equipment, after the Government proposed removing the tax exemption for diesel fuel, the lifeblood of all farm equipment. The environmentalists declare this a subsidy, soon Germans are going to recognize what real problems are and fossil fuel elimination will be a memory. Many believe the Scholz government will not last the year.

With the demand for ammunition and weapons being strained by Ukraine, Gaza and now Yemen and a soaring debt and deficits, it is becoming indeed a major crisis. One must ask are we soon to witness new crisis in the far east and South America. Are we now on the precipice of WW3.

Of course the narrative will be this is all an accident or the machinations of America's enemies. The reality is many predicted, including this observer, that this administration, full of Hubris and ideological fever was going to blunder into this kind of catastrophe. It will likely get much worse.