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Stalemate in Iran, what’s the next risk?
Blain’s Morning Porridge 10th March 2026 – Stalemate in Iran, what’s the next risk?
“They make a desert and call it peace.”
Pretty much as was expected Donald Trump has declared his war almost over. Its not. It has destabilised the global economy. What might be roiled in its wake? One area to watch is how a liquidity default-storm in Private Credit could infect global bond and equity markets, causing a global market crisis.
(Quick comment on this morning’s top line quote. I suspect the Caledonian Picts were the Iranians of their age. In 84 AD the Caledonian chief Calgacus became the first…
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