Who cried ‘uncle?’ Like the Virgin Birth, or ‘printing press money,’ the victory over Iran is largely incomprehensible to modest minds. But so is the history of warfare and foreign policy, generally.
The Daily Reckoning Australia
Down the Mountain
When the stock market closed, just four hours before this apocalypse was to begin, US capital values were about where they were when the market opened. The stock market didn’t take any of it seriously
China Capitulation Part 9 – Rethinking a regime’s control over its people
Iran has shown that a regime can suppress its people but still end up more vulnerable than ever. This could be a warning to the Chinese Communist Party elites that a massive army don’t ensure their safety.
Knock Out Punch
Our strategic objectives in the war, such as they were, have already been accomplished: We went. We saw. We kicked butt.
Night at the Museum
Everyone knows that the feds are already insolvent, with spending commitments eight times as much as their revenues. But if you can’t spend money you don’t have on war, what can you spend it on?
Nuclear is the last great power standing
We didn’t have to learn this lesson the hard way. But now that we have, the need for nuclear is too obvious to ignore any longer. Wake up, Australia.
