Kyle Bass is one of the most politically astute investors I have ever seen. He said China will take Taiwan within 2 years. I think Putin is the smartest politician of the modern era. I believe he will counter that move by uniting the two Koreas.
But first we need some background to put Korean reunification into the context that it deserves.
Zoltan Pozsar, the Hungarian wunderkind of high finance, wrote an article about Industrial Warfare. He mentioned that in a year the US makes as many 155 mm artillery shells as the Ukraine needs every 2 weeks. I would go further than that. We sent 80,000 manufacturing plants overseas when the Clintons passed the North American Free Trade Agreement (NAFTA) in 1993. We lowered prices and kept prices down by sending our manufacturing to Asia to keep goods prices low and allowed unlimited legal and illegal immigration to keep…
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