By now everyone has heard the news about the brazen and well-coordinated attacks by Hamas on Israel, now joined from Lebanon, but here is a summary rundown of the events this weekend:
I doubt it. This is the same Palestinian-Israeli violence that's been going on and breaking out from the to time for 70 years. It was certain to happen again, and the timing around Israel's own extreme civil divisions (not unlike those in the US on different matters) and around Iran's growing resurgence in influence and its conference last week for "Islamic Unity" and the timing with Yom Kippur all point to the usual culprits.
It's the kind of true black swan that swoops in on markets from out of nowhere right when they are already very unstable, possibly worsening the instability. We'll see on Monday whether it has much impact. At this point, I don't think it will have huge impact UNLESS it becomes clear Iran is involved and the conflict looks like it will spread to war with Iran, then it would have massive impact, I would expect, on the price of oil as well as overall market affects because of huge instability. But it's hard to say when markets are already so unstable. You never know what jarring will be enough to take that one Jinga block out that sends the whole wobbly structure tumbling.
OTOH, "you never know," "it's hard to say," "I don't think"....
After the last three and a half years, discovering just how deep the deep state is, I don't put anything past it. OTOH, this could be a black swan that not even they were expecting.
But there are several facts the suggest the possibility of the opposite: we just gave away $6 billion to Iran, we are funding both sides, Israeli intelligence "failed," and likely several other "coincidences" or otherwise inexplicable events.
But one thing is certain: if this does blow up, it will distract from other news, whether it's more on the Biden Family Crime Syndicate or a market crash.
https://open.substack.com/pub/moneycircus/p/crisis-update-israel-gaza-clash-is?r=dhhne&utm_campaign=post&utm_medium=email
This is the only other dude I am a paying subscriber to.
Did the Deep State arrange for the timing of this catastrophe to distract us from the oncoming slaughter in the markets?
I doubt it. This is the same Palestinian-Israeli violence that's been going on and breaking out from the to time for 70 years. It was certain to happen again, and the timing around Israel's own extreme civil divisions (not unlike those in the US on different matters) and around Iran's growing resurgence in influence and its conference last week for "Islamic Unity" and the timing with Yom Kippur all point to the usual culprits.
It's the kind of true black swan that swoops in on markets from out of nowhere right when they are already very unstable, possibly worsening the instability. We'll see on Monday whether it has much impact. At this point, I don't think it will have huge impact UNLESS it becomes clear Iran is involved and the conflict looks like it will spread to war with Iran, then it would have massive impact, I would expect, on the price of oil as well as overall market affects because of huge instability. But it's hard to say when markets are already so unstable. You never know what jarring will be enough to take that one Jinga block out that sends the whole wobbly structure tumbling.
OTOH, "you never know," "it's hard to say," "I don't think"....
After the last three and a half years, discovering just how deep the deep state is, I don't put anything past it. OTOH, this could be a black swan that not even they were expecting.
But there are several facts the suggest the possibility of the opposite: we just gave away $6 billion to Iran, we are funding both sides, Israeli intelligence "failed," and likely several other "coincidences" or otherwise inexplicable events.
But one thing is certain: if this does blow up, it will distract from other news, whether it's more on the Biden Family Crime Syndicate or a market crash.
No doubt that extra $6 Bil will come in handy!