Capital Flow Analysis

The clarify, in the Gulf War the USA was the aggressor and thus the capital flows moved away from the dollar. This was contrary to World War I & II and other Middle East events where the USA was not the aggressor. In the current situation, provided the USA does not engage an invasion of Iran, then the risk may lie initially more with Europe given that the Iranian cell groups have infiltrated Europe and are already there. A decline in the dollar appears more likely post-2022.

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Market Talk – November 28, 2023

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Ukraine Cannot Win

https://www.armstrongeconomics.com/wp-content/uploads/2023/11/Orban-on-Ukraine.mp4   When I said that Ukraine had lost 100,000 soldiers DEAD, I got a rash of emails claiming I was spreading Russian Propaganda. Then the head of the EU [...]
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