Refugees from War on my Shore

Investment Analysis Clubs Macro Economic Trends and Risks
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Some of the most potent scenes in novels of the 20th Century describe peactime refugees suddenly appearing on strange shores, harbingers of horrors to come.

Husband and I are currently in our erstwhile home now for sale in the tiny isolated town of Soller, Mallorca, Spain. We are doing maintenance and repair work before winter closes in, while reconnecting with old friends at favorite cafes around the plaza and art galleries and concert venues in the not too distant city of Palma,

For the first time ever we are seeing lots of young Chinese couples, often beautifully even elegantly dressed, while mostly looking sad and disconsolate as they staringly sip tea. Young Russian males came in a flood two years ago, but now have utterly vanished. There is a seven star hotel owned by the UAE near Soller, up on an isolated headland with gorgeous views. The richly limousined and elegant Arabs of past years have largely vanished, replaced by a tide of taxied fellas in business suits.

I sense privileged but precarious war fears and eonomic distress washing up on the shore.

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The Ukraine war has upset the world view of the balance of powers. It has shown that Russia has no cutting edge. After the end of the USSR the powers that be abandoned the “Stay out of my backyard policy,” exemplified by the Monroe Doctrine. Drones have upset military strategy, a thousand dollar drone can destroy million dollar weapons. Never before have behind the lines logistic centers been so accurately targeted. Bibi has attacked the enemy without consulting Washington. The first time that pagers became weapons of war. A weak Russia can be the end of the Russian Federation. The destruction of Iranian proxies are significant in the Shia, Sunni schism.

History will record these happenings as eventful as the rise of the Iron Curtain. What will history books call it?

You sense the rats abandoning sinking ships.

The Captain

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That probably is not true. DC does not want to show her hand. This is an election year. We have peace and roses.

Boots on the ground in Israel says otherwise.

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