Originally published at: https://peakprosperity.com/daily-digest/middle-east-tensions-rise-citizen-led-relief-during-crisis/
Geopolitics & the Economy
In the Middle East, tensions are reportedly escalating, with Israel’s military operations in Lebanon raising concerns of a broader conflict involving Iran. John Mearsheimer, a professor at the University of Chicago, suggests that Israel’s reliance on air power has not subdued Hezbollah, leading to discussions of a potential ground invasion. This situation could reportedly incentivize Iran to pursue nuclear capabilities, complicating the geopolitical landscape. The United States’ historical support for Israel and the potential involvement of global powers like Russia and China add complexity to the situation.
Charles Nenner, a geopolitical and financial cycle expert, warns of a significant war cycle and predicts a global conflict involving the United States. He suggests that the U.S. is in decline, facing formidable adversaries like Russia and China. On the economic front, Nenner forecasts a stock market crash and advises investing in gold, anticipating its value will rise. His insights reflect broader concerns about the U.S. dollar’s dominance and potential economic instability.
On that note, central banks in countries such as China, Russia, India, Brazil, and Turkey are reportedly increasing their gold reserves. This move is seen as a strategic shift away from the US dollar, influenced by concerns over high debt levels and geopolitical tensions, including sanctions on Russia. Historically, gold has been a stable store of value during periods of economic instability, such as the 1970s. Some analysts predict that gold prices could rise significantly, potentially reaching $5,000 an ounce. This trend may indicate a shift in economic power from West to East and highlights gold’s role as a hedge against inflation and currency debasement.
In Croatia, President Zoran Milanovic has sparked significant political controversy by refusing to approve the deployment of Croatian soldiers in a NATO mission aimed at supporting Ukraine. Milanovic argues that his decision is motivated by a desire to avoid escalating the conflict and potentially compromising Croatia’s safety. Despite having initially consented to a support package during a NATO summit in July, he has since vocalized opposition to the Croatian government’s military aid to Ukraine and questioned Western sanctions on Russia. This political clash has intensified as government officials criticized Milanovic for allegedly misrepresenting the nature of the soldiers’ involvement, clarifying that their deployment would only involve five officers participating in training activities in Germany, not Ukraine. As the presidential election approaches, Croatia’s position on the Ukraine conflict has become a contentious issue in the political landscape.
Politics
In the United States, a legal settlement in Virginia has brought attention to issues of free speech and religious rights. The West Point School Board agreed to pay $575,000 to Peter Vlaming, a former teacher fired for not using transgender pronouns, following a Virginia Supreme Court decision affirming protections for free speech. This case highlights the ongoing debate over First Amendment rights in educational settings and the potential costs for institutions that fail to respect these freedoms.
Staffing firms that once thrived during the Afghanistan and Iraq wars are now reportedly pivoting to support the Biden-Harris administration’s migrant network. These companies are securing federal contracts to provide services such as private security and transportation for migrants, impacting American workers, particularly in small towns. This shift from war-related services to migrant support reflects changes in federal contracting and its implications for local economies.
In a separate account, Ryantyre, a private citizen involved in disaster relief, recounts challenges faced during Hurricane Irma in the Florida Keys. Despite federal blockades, Ryantyre and his team delivered aid directly to residents, criticizing the preference for “preferred vendors” in disaster relief. He advocates for a system that facilitates citizen-led efforts, emphasizing the readiness of individuals to help in times of crisis.
Sources
Gold Rush: Why Eastern Central Banks Are Hoarding Gold and What It Means for Your Portfolio
“The theme throughout our interview today is about the power moving from west to east.”
Source | Submitted by rhollenb
Israel’s Escalation in Lebanon: A Strategic Gamble Amidst Regional Tensions
“This conflict is going to go on and on.”
Source | Submitted by rhollenb
Virginia School Board Settles for $575K with Teacher Fired Over Pronoun Dispute
Virginia school board agrees to pay $575k to teacher fired for refusing to use transgender pronouns
Source | Submitted by Walberga
Bank of America Glitch Leaves Customers Staring at Empty Balances
A Bank of America outage showed customers blanked-out account balances
Source | Submitted by rhollenb
Croatian President’s NATO Rebuff on Ukraine Stirs Political Turmoil
Croatian president rejects Nato mission to support Ukraine, sparking new political crisis
Source | Submitted by rhollenb
Disaster Relief or Red Tape? Citizen Rescuer Exposes Bureaucratic Roadblocks in Aid Efforts
It was at that point that I realized, this is ALL ABOUT MONEY.
Source | Submitted by bcoop
Charles Nenner Predicts End of American Empire Amid Global Conflict and Economic Turmoil
According to the cycles the United States is finished. This war now will probably turn into a world war, and the problem is they (US) will have to fight Russia, China, North Korea and Iran, and they have no chance to win.
Source | Submitted by rhollenb
Rescuing the Republic: A Historical Perspective on Futility and Division
Rescuing the Republic is absurd. It presumes that the LEFT will suddenly realize they are wrong.
Source | Submitted by rhollenb
Industrial Staffing Giants Cash In on Biden-Harris Migrant Network, Echoing Middle East War Profits
Industrial-Size Staffing Firms Reportedly Support Biden-Harris’ Mysterious Nationwide Migrant Network
Source | Submitted by bcoop
