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The Economic Implications of the Iran War

Blain’s Morning Porridge, March 27th, 2026 – The Economic Implications of the Iran War

“Armchair generals talk about tactics. Soldiers worry about logistics.”

The cost of Trump’s War on Iran is extraordinary - $1 bln a day plus. War Stocks are being consumed at incredible speed. A request for an additional $200 bln of DOD funding is in the works. The nature of war has changed – it could prove phenomenally destructive, expensive and ruinous to winners and losers alike. Meanwhile the economic outcomes of the war remain in the balance.

When I was a very young man the global bond markets were a…

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