Preface (written March 13th)
Most of what follows was written a few days ago. In the interim, a whole range of news filtered into the mainstream, often covering elements that I had until then thought were being ignored by the main UK media. Perhaps the issue is delay, maybe because of a responsible desire for verification. It is certainly noticeable that The Sun will run a story that is sensational must earlier than say the Daily Telegraph or the Guardian and Sky News will run a more likely propaganda report before the BBC.
The part of the text below over which I dithered the most was the first speech by the Iranian leader. I had heard this from a questionable (based on its likely geo-political angle) source but it seemed credible. In fact, while holding the article for final edit, I was only pondering whether to cut it, ot add a stronger caveat. Yesterday the speech was officially published, probably not made by the man himself, who is almost certainly in hospital, but I would assess as having his approval. It was nearly exactly the same as the version I had heard, which multiple AI checks had vehemently denied existed!
The fact that with only an internet connection and an aging brain, I can research and to a degree forecast what is happening in the world is not a surprise to me, because that is how I have earned a living over recent years and sustained my own modest finances, with the odd ‘cock-up’of course!. What is as surprise is that the people charged with making decisions that impact millions of lives, terminating thousands in fact, either cannot see the consequences of their decisions, or more likely suffer such psychological impairments that they ignore the appropriate advice of those both paid and well able to know what is going to happen.
I offer what follows under the general aegis of pointing out that the USA’s decision (in compliance with Israel) to start a war with Iran is the stupidest political act I have observed in my life and the potential consequences are being severely underestimated by stock markets.
It MAY not be so bad, but my methodology has for years been about assessing probabilities, and at this time not only is the degree of risk very high, but the likely damage might be at a level we have not seen since the dot.com crash – which had an impact lasting 3 years. If I am wrong, nobody will be upset, I think.
Given the rate at which things are changing and the known flip-flopping of POTUS, I will add update my publsihed opinions more often than usual if necessary in my judgement. In the meantime, I think that what I wrote a few days back still stands up. Here is the article:
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