The war in Iran continues.

 

The war in Iran continues. Its June 7, Sunday afternoon, 2026.

The futures are down last I looked. I believe gold is down and oil futures are up a little.

I presume the UD Dollar might spike up against the major currencies. 

The seems to be a consensus building that the war will continue and the USD will spike higher and the economy will slow with inflation not going down much.

Id expect US Treasurys to sell off, if they dont and start to rally that maybe a clue inflation has spiked high enough and there maybe a deflation scare which will lead to more money supply increases and inflation and rising asset prices down the road but before that asset prices may decline even commodity prices.

Survival Lily

Survival Lily said in her last podcast, there are more young German men and women settling in Austria and Switzerland. 

She was talking about the German government sending out surveys to young people to fill out and return and if you didnt it could be met with a fine.

She was suggesting more Germans are moving to avoid a potential draft in Germany for the war in Ukraine, many Germans dont want to be used as cannon fodder for the war and get used and thrown away.

It appears the young dont trust the ruling elites or there judgments in this war and not to mention how they are handling the taxes and benefits for society. 

I understand they may or already have raised the retirement age to 70 and thats after paying rising taxes over the years and thats also with more healthcare workers leaving the country,  even Doctors and nurses and other specialists. 

I have even seen documentaries on more homeless people on the streets who are retirees. A sad thing to see.

The trust in Germany and many Western countries is at an all time low and many young people are migrating out of Europe while many third world people are migrating in to replace them despite them being on benefits and not working.

I can see this all over the world but still think the English speaking world, Australia,  New Zealand,  Canada, the USA will do better, despite our problems. 

We still have much lower taxes and regulations and in some cases a desire to turn things around,  im thinking of the UK.

I dont know what will happen but continue to think being diversified and willing to move and follow the trends and to work for yourself will be better than doing nothing.

Its getting harder to find any job to save money to be flexible and have the resources to move and start a business but we will need to do what we can.

Good luck.