According to BBC news, banks in the UK have begun raising mortgage interest rates as concerns increase that the ongoing conflict in the Middle East will fuel inflation and limit interest rate cuts by the Bank of England.
Banks are the same all over the world. They can manipulate interest rates to make more money. It’s difficult to understand why inflation expectations are driving interest rate increases. While the central bank has already signaled that it might cut interest rates at the end of this month, banks taking advantage of the situation to raise mortgage rates resembles the plight of homeowners trying to salvage their assets during a fire. Even if a crisis brings disaster to the world, it means new opportunities for profit for banks. These banks are most likely eagerly awaiting a rise in oil prices. This could even mean a 3-4 fold increase in interest rates.
Why is Iran in this state? Because of the existence of insatiable, religiously fanatical bigots. These mullahs, who distribute the country’s income only to themselves and their cronies, have set not only their own country but a significant part of the world ablaze, yet they don’t care about the world. All they know is themselves and their cronies.
TRUMP’S DREAM
Meanwhile, Israel and the US have said they’ve been firing around 1000 missiles a day for the past two days. According to reports from Iran, bombs are falling on the Iranian people more than raindrops. Trump and Israel, who two months ago told the Iranian government, “If you kill your people, we will intervene in your country,” are now continuing to fire missiles at the same people.
Trump said he wants to control the Iranian government himself and added, “There is no time for talking. Now there is unconditional surrender.” In response to this intense bombardment, Iran continues to send 50 bombs at a time and suffer minor casualties.
AZERBAIJAN: A SURPRISE GUEST
On the other hand, the war has a surprise guest that has suddenly appeared: Azerbaijan. While missiles were fired at Azerbaijan, a country that consistently supports Israel, claims that these were launched by Iran infuriated the Azerbaijani side. Turkey also stated that the bombs dropped on Azerbaijan were actually aimed at them. Iran is increasing its enemies, in other words. Trump had previously said about Turkish leader Erdogan, “We need him. We did things for him, and he will do things for us.” Perhaps the Turkish army will enter Iranian territory by land; it’s impossible to know. Since the Kurds in the region have refused to enter, only Turkey and Azerbaijan come to mind as potential enemies.
They say war has no morals, but it’s also impossible to know who will be an enemy and who will be a friend.