
Israel is running low on defensive interceptors, official says -Wall Street Journal headline, 6/18/25 Israel-Iran conflict may last only as long as their missiles hold out -Washington Post headline, 6/17/25 Israeli Official: Iran can likely sustain the current rate of missile fire at Israel for possibly as long as 5 months, provided that their missile launchers are not destroyed. -NBC, 6/19/25 Chinese rare earth magnet exports down by 76% in May, to lowest level on
China’s vision of trade is exporting without importing. -Brad Setser, Council on Foreign Relations, via WSJ, 6/14/25 In volume terms, which adjust for the effect of exchange rates, Chinese imports through March haven’t grown at all since the end of 2022—while exports have rocketed 33% higher, according to data from the Netherlands Bureau of Economic Policy Analysis… -Wall Street Journal, “Trade with China is Becoming a One-Way Street”, 6/14/25 …beneath the hatches sealed with tar,
US threatens an economic “Iron Curtain”…but the west is on the “USSR side” of the curtain -Title of the 7/30/24 edition of FFTT In a few simple charts we show that the BRICS+ make and net export goods while the West (US, EU, Japan, etc.) make and net export debt; as such,any economic “Iron Curtain” is highly likely to accelerate several powerful structural forces in coming quarters/years: a) Deflation and lower bond yields in the