Saturday, October 01, 2016
Open Comment Post. Oct 1, 2016.
A few things...
* Syrian War. Kinda hard to get excited about this. The Russians, Syrian Army and Iranians are taking it to the rebels. The US is trying to push a ceasefire...all I see is continuing combat with moments of high intensity warfare followed by more of the same. This is gonna be a grind but the conditions are already set. Except for a buffer zone that the Turks have made along their border, Assad will mostly get his country back. The rebuilding contracts will be AWESOME and I expect some type of pivot so that US firms can get a slice. China, Russia, Iran and even the Europeans will soon be pouring in to make money off the carnage.
* The Philippines. We're dealing with a blow hard. When dealing with an idiot you sit back and watch what he does, not what he says. If his actions cross the line then we need to alter policy. As long as he talks smack we simply note it and move on.
* India-Pakistan flare up. Kinda hard to get excited about this too. After the attack by Pakistan backed terrorists, the retaliatory actions by India was to be expected. Having said that both countries will saber rattle but will do their best to keep the fighting contained. I fully expect things to go back to the status quo within another week or two.
* World Economy. Deutsche Bank is sending out alarm bells and my financial guy is even getting nervous about this. Quite honestly I missed this drama because while I heard of potential trouble, I was under the impression that DB was fully backed by the German govt. I've been told that's not true but I can't imagine that they would allow the bank to go under. That would set off the great financial collapse that I've been waiting for.
Anyway that's what's on my mind. What's on yours?