Ep. 300 – Marching Towards War?

The Kapital News
The Kapital News
Ep. 300 - Marching Towards War?

They say hindsight is 2020. Well clearly that is not the case in the old US of A in the year 2020. Following the drone strike by US forces that killed a top Iranian general, we heard remarks from President Donald Trump, stating that we are not looking for regime change, and that this action was not taken to start a war, but to end a war. Really? No regime change? This general was expected to perhaps become the Iranian president in the not too distant future. This by definition is regime change. This action is not a declaration of war? Really? What happens if a US general travelling in Canada was killed by an Iranian strike at Toronto International Airport? – we imagine that the US would consider this an act of war. The rhetoric and actions taken by the Administration are eerily reminiscent of the language used to hype the Iraqi War in 2002-2003 (clear intelligence assessments and pre-emptive attacks). Have we learned nothing? It appears not.

There are many in the media claiming that President Trump is using this as a distraction from the impeachment trial. Perhaps. But perhaps this is also an attempt at distracting the American people from an economy that continues to show signs of weakness. Released today was the ISM Manufacturing PMI figure and it declined to 47.2 – a low not seen since June of 2009. Another report was also released showing signs that nine states are headed for contraction – this number has not been this high since 2009 as well. If everything is so great, then why are we comparing numbers to the Great Recession? And perhaps even further, the President is attempting to use geopolitical tensions and even war itself as the reason why the stock market experiences a major pullback. We’re not claiming that such a pullback is imminent or that one will even happen (although the data shows that it could), but that the President will use that as an excuse for any type of “poor” market performance. It’s only the 3rd day of 2020 – buckle up. Stay diversified, stay vigilant, and stay with The Kapital News. #Peace #War #Politics #Economy #Truth

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