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One Day Until Trump's Self‑Imposed 5-Day Deadline On Iran But Markets Appear Increasingly Numb
One Day Until Trump's Self‑Imposed 5-Day Deadline On Iran But Markets Appear Increasingly Numb
By Molly Schwartz, Cross Asset Macro Strategist at Rabobank
More persistent inflation
Yesterday, Iran rejected the US-proposed 15-point plan, instead laying out its own conditions in a 5-point plan;
(1) halt the killing of Iranian officials;
(2) means to make sure no other war is wage against it;
(3) reparations for the war;
(4) an end to all hostilities; and
(5) Iran’s “exercise of sovereignty over the Strait of Hormuz.”
The probability that Washington would accept these terms in...
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Combining binary and triangular interventions, the state coercively taxes citizens to pay for its services, monopolizes certain services, and then is incentivized to engage in paid non-delivery.
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Report: US Used Over Half of Its Advanced Missile Interceptors During Iran War
A report by the Washington-based think tank Center for Strategic and International Studies (CSIS) found that the US depleted half of its missile interceptors. According to CSIS, the US military had 2,330 Patriot interceptors before the conflict, and used an estimated 1,430 missiles. A similar trend followed for THAAD, SM-3, and SM-6 interceptors. The US […]
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The New Financial Iron Curtain: Taxes, Capital Controls, & The War On Your Wealth
The New Financial Iron Curtain: Taxes, Capital Controls, & The War On Your Wealth
Authored by Chris Macintosh via InternationalMan.com,
There is a term called “gating” in the fund management world.
It refers to blocking investors from redeeming their funds. Funds do this sometimes as a precaution… and other times when they are in the poo.
Well, governments are the same. When they are in the poo, they also resort to their version of gating. It’s just called taxes.
I’ve always loved the Dutchies. Growing up in South Africa with the Afrikaners — descendants...
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