Palestinian Refugees Heading to America
To the surprise of none, President Joe Biden is considering allowing Palestinians to seek refuge in America. Technically, they could already come here; anyone and everyone could come here, as [...]
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.