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War headlines today:
- Trump’s announces an unprecedented “crushing economic operation” of more sanctions.
- Iranian Foreign Minister Abbas Araghchi warned that Washington would only suffer more setbacks as a result of the “so-called ‘Economic D-Day’.
- China slammed the sanctions (and will presumably ignore them).
- Houthis claim new strikes on Saudi targets at Najran airport and Aramco in Najran.
The “crushing economic operation” is another figment of a delusional mind.
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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific's leading geo-politics and economics portal.
He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.
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