President Donald Trump may be about to cause a global economic crisis, warned Matt Randolph, a Forbes contributor and energy expert."What will happen is all of President Donald Trump may be about to cause a global economic crisis, warned Matt Randolph, a Forbes contributor and energy expert."What will happen is all of

Trump 'increasingly isolated' as allies he mocked reject his plea for help

2026/03/17 00:44
3 min read
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

President Donald Trump may be about to cause a global economic crisis, warned Matt Randolph, a Forbes contributor and energy expert.

"What will happen is all of these countries around the world will all go to the Strait of Hormuz and do whatever they have to do to force those tankers through that Strait. Because if they don't, beyond three weeks is a complete, global, economic disaster," said Randolph last week..

According to Randolph, the "three-week rule" means that at the end of the third week of the Strait being closed, a complete economic shutdown will begin.

Trump announced over the weekend, “I’m demanding that these countries come in and protect their own territory, because it is their territory. It’s the place from which they get their energy. And they should come, and they should help us protect it."

“Why are we maintaining the Hormuz Strait when it’s really there for China and many other countries? Why aren’t they doing it?” he asked.

As international singer-songwriter Mohit Chauhan pointed out, going country by country, most of the major nations want nothing to do with Trump's war. Only France seemed open to it. The U.K., the Netherlands and South Korea refused to make a commitment.

The Nation's Jeet Heer pointed out, "The strategy here was to tell all your allies they are stupid parasites who should f—— off and die, then create a big mess that requires allied help, then beg them for aid. Surprisingly, it did not work."

Turkey Bureau Chief of the Middle East Eye Ragip Soylu announced that Germany was out too.

German Defense Minister Boris Pistorius asked, "What does Trump expect a handful of European frigates to do that the powerful US Navy cannot?"
"This is not our war, and we didn't start it," Pistorius said.

"Many Countries, especially those who are affected by Iran’s attempted closure of the Hormuz Strait, will be sending War Ships, in conjunction with the United States of America, to keep the Strait open and safe," Trump posted Saturday morning on Truth Social.

"We have already destroyed 100 percent of Iran's Military capability, but it's easy for them to send a drone or two, drop a mine or deliver a close range missile somewhere along, or in, this waterway, no matter how badly defeated they are," Trump's post continued. "Hopefully China, France, Japan, South Korea, the UK and others, that are affected by this artificial constraint, will send ships to the area so that the Hormuz Strait will no longer be a threat by a nation that has been totally decapitated."

Reporters have spent the past week asking both Trump and Defense Secretary Pete Hegseth why there was no plan for the Strait of Hormuz and for evacuating Americans in the region. While Trump did evacuate the U.S. Embassy in Israel, it wasn't until this weekend that the U.S. Embassy told Americans they should probably leave Iraq after the embassy was attacked.

Hegseth was particularly shaken when confronted by reporters asking, "How did you not plan for this?"

One woman lamented on Facebook last week that her family was stuck in Riyadh, Saudi Arabia, and that folks in Washington were saying one thing while those on the ground were telling them something else. An embassy staffer there said Washington was less than communicative.

  • george conway
  • noam chomsky
  • civil war
  • Kayleigh mcenany
  • Melania trump
  • drudge report
  • paul krugman
  • Lindsey graham
  • Lincoln project
  • al franken bill maher
  • People of praise
  • Ivanka trump
  • eric trump
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

UK crypto holders brace for FCA’s expanded regulatory reach

UK crypto holders brace for FCA’s expanded regulatory reach

The post UK crypto holders brace for FCA’s expanded regulatory reach appeared on BitcoinEthereumNews.com. British crypto holders may soon face a very different landscape as the Financial Conduct Authority (FCA) moves to expand its regulatory reach in the industry. A new consultation paper outlines how the watchdog intends to apply its rulebook to crypto firms, shaping everything from asset safeguarding to trading platform operation. According to the financial regulator, these proposals would translate into clearer protections for retail investors and stricter oversight of crypto firms. UK FCA plans Until now, UK crypto users mostly encountered the FCA through rules on promotions and anti-money laundering checks. The consultation paper goes much further. It proposes direct oversight of stablecoin issuers, custodians, and crypto-asset trading platforms (CATPs). For investors, that means the wallets, exchanges, and coins they rely on could soon be subject to the same governance and resilience standards as traditional financial institutions. The regulator has also clarified that firms need official authorization before serving customers. This condition should, in theory, reduce the risk of sudden platform failures or unclear accountability. David Geale, the FCA’s executive director of payments and digital finance, said the proposals are designed to strike a balance between innovation and protection. He explained: “We want to develop a sustainable and competitive crypto sector – balancing innovation, market integrity and trust.” Geale noted that while the rules will not eliminate investment risks, they will create consistent standards, helping consumers understand what to expect from registered firms. Why does this matter for crypto holders? The UK regulatory framework shift would provide safer custody of assets, better disclosure of risks, and clearer recourse if something goes wrong. However, the regulator was also frank in its submission, arguing that no rulebook can eliminate the volatility or inherent risks of holding digital assets. Instead, the focus is on ensuring that when consumers choose to invest, they do…
Share
BitcoinEthereumNews2025/09/17 23:52
Trump rages at 'independent' Supreme Court judges: 'I just want smart decisions'

Trump rages at 'independent' Supreme Court judges: 'I just want smart decisions'

President Donald Trump raged at "independent" Supreme Court judges on Monday during a bill signing ceremony in the Oval Office. Trump and several administration
Share
Rawstory2026/03/17 05:07
Vitalik Buterin Pushes Simpler Ethereum Node Setup

Vitalik Buterin Pushes Simpler Ethereum Node Setup

TLDR Vitalik Buterin supported a Nimbus proposal to merge Ethereum’s two clients into a single program. He said running two daemons makes node operation harder
Share
Blockonomi2026/03/17 04:46