You see a number in your bank account and think: that’s my money. But it’s not. It’s credit—digits on a screen, promised by a system that’s bloated with debt, endlessly reactive, and increasingly volatile.
Markets don’t like uncertainty. It is a cliché, but for a very good reason. It is more than a truism. In fact, businesses don’t like uncertainty. You and I don’t like uncertainty in our personal lives...
One thing to remember is that China, Russia, and Iran have close trade and military relations with each other. So, threatening Iran can only worsen US relations with both China and Russia. And they’re not good right now.