COMMENT:
Hyperinflation and sanctions on cue in Iran, 103.2 years before Weimar.
Iran headed to 47.3 year peak in early 2027 on ECM from hostage taking, after which people will no longer have confidence in revolutionaries (on public/private ECM alternation).
Why not just recommend that US just let Iran fall on its own, to avoid potentially entangling China and Russia if US strikes first?
Thank you always!
JH
REPLY: I fully agree that Iran will fall all by itself just like Communism. You cannot have any religion dictate to the economy. Communism was in effect a religion that was atheism and sought to also control human nature suppressing it into one version fits all. The risk of Iran is that they may lash out of desperation and use war to try to cling to power. The problem I see is that February is showing up around many markets. Volatility will rise from February. Blackrock is writing down its private debt portfolio by 19% due to losses. Wait until they have to write down Ukraine. There are a lot of financial minefields out there in addition to the Sovereign Debt Crisis in Japan and EU.