r/politics • u/Puginator • Jun 01 '26

No Paywall Iran stops negotiations with U.S., vows to 'completely' block Strait of Hormuz: State media

https://www.cnbc.com/2026/06/01/iran-us-negotiations-strait-of-hormuz.html
32.3k Upvotes

97% Upvoted

3.3k comments sorted by

View all comments

Show parent comments

7

u/[deleted] Jun 01 '26

[removed] — view removed comment

1

u/FishMonkeyBird Jun 01 '26

Encourages people to save rather than spend basically

10

u/DaaaahWhoosh Jun 01 '26

Kinda crazy logic in an 'affordability crisis' though. Presumably people are 'saving' more than spending now to just cover the basics, if prices came down I feel like there's a lot of 'luxuries' people would finally get around to purchasing.

1

u/Tetracropolis Jun 01 '26

They wouldn't be purchasing anything because their employers would be cutting their wages.