2024-08-05
The situation in the Middle East is poised for war.
Israel has defied everyone by attacking Hamas within Iran, thereby publicly sending an unmistakeable signal that they intend to go to full war. Iran cannot fail to respond.
Israel is at odds with the ICC / ICJ over its war with the people of Gaza and continues to forfeit international support. Even the UK has shown signs of getting tired of supporting the unsupportable.
Anybody who believes that they know how events will unfold is almost certainly overly confident - no plan survives contact with the enemy, as Ukraine can testify.
"Our defense industrial base is in very bad shape. The European defense industrial base is in even worse shape"
Oh, and did I mention the ongoing financial collapse, currently being evidenced in stock markets around the world? Who now has a stable manufacturing base for munitions?
Zero Hedge delivers the bad news.
