The Canadian Compass: Charting a Path Though Geopolitical Chaos

Every knowledgeable commentator, from a variety of "think tanks" as well as the casual observer is confused by the shifting objectives and questionable strategy  of the war Trump has unleashed upon the world. This has now extended to the so-called ceasefire. Even the stalwart ally, Israel, has indicated that they have been in the dark as to the latter. The "markets" which we are told, has Trump's constant attention (if that is possible for a scatter brain) may just as well rename the exchanges as "Houses of Uncertainty". The gyrations that are to follow in these markets of expectation are about to give a whole new meaning to a house of cards. As I have previously noted, the US military has been outfoxed again by the guerilla like tactics of an adversary - and that adversary has emerged in a better globally powerful position than they were before the war in using the Strait of Hormuz as its key bargaining chip. This choke point is choking the world. The...

One thing Trump has been very good at, is using other people's money to do his "deals" - all in real estate, often leading to bankruptcy. He is now using his tax payer's money to wage his wars on everyone and everything - and he is pushing the country to bankruptcy. Current estimates range for $890 million to 1 Billion per day is spent on waging the war with Iran. And that number is just the current outflow for a war. Then there is the operation of the government. On that account the US has increased it's deficit spending by 6.2% a year over the past 15 years.  According to Eric Fossing Nielsen, and economist formerly from the World Bank and Goldman Sacks, "  As things now stand, a “whopping” 18 per cent of all U.S. federal tax revenue needs to be allocated to the payment of interest on the public debt alone. Without policy action, the interest-to-revenue ratio will increase to 23 to 25 per cent during the next 10 years - and it is likely the US dollar will l...