The Lonely Realist |

04 Apr
The Economics of War – Part 3

Posted at 03:31h in Economics, Foreign Policy, General, International Relations, Politics, Society 0 Comments

“Hope for the best, but plan for the worst.” – The Lonely Realist Today's TLR continues to analyze the potential economic fallout from the Iran War by assessing the consequences of two “what if” possibilities: What if (1) there will not be a negotiated settlement; and...

26 Mar
There is No Winner

Posted at 21:05h in Foreign Policy, General, International Relations, Society 0 Comments

“History doesn’t repeat itself, but it often rhymes.” – attributed to Mark Twain TLR earlier this month addressed three possible outcomes for the Iran War. The first is the one sought by America and its allies: America and Israel pulverize the Iranian Theocracy, the Iranian people take...

21 Mar
The Economics of War – Part 2

Posted at 12:42h in Economics, Foreign Policy, General, International Relations, Society 0 Comments

“Wars are messy, their consequences unpredictable.” – The Lonely Realist “The implications of developments in the Middle East for the US economy are uncertain.” – Jerome Powell (March 18, 2026) History teaches that wars are disruptive. They have unanticipated spillover effects, including by creating interest rate and...

14 Mar
The Economics of War – Part 1

Posted at 12:29h in Economics, Foreign Policy, General, International Relations, Society 0 Comments

“It’s about energy.” – The Lonely Realist Today’s TLR is a brief follow-up to this past Thursday’s “The Iran War”: One month ago, writing about whether the US Dollar might surrender its reserve currency status, TLR noted that America and China are in a competition for global...

12 Mar
The Iran War

Posted at 06:00h in Foreign Policy, General, International Relations, Society 0 Comments

“Is the Iran War a terrible mistake or a brilliant geopolitical gambit?” – The Lonely Realist Thomas Paine in 1776 said: “These are the times that try men’s souls.” Wars do that. What happens to Iran and the Middle East after America’s and Israel’s bombing campaign ends?...

07 Mar
Gold is not an Investment Asset

Posted at 12:34h in Economics, General, Society 0 Comments

“Gold is a rare, corrosion-resistant precious metal used for thousands of years as a currency, in jewelry and, more recently, in technology.” – The Lonely Realist Physical gold, as well as silver, is many things…, but it’s not an “investment asset.” Gold/silver are trading assets. Something...

04 Apr The Economics of War – Part 3

The Economics of War – Part 3

26 Mar There is No Winner

There is No Winner

21 Mar The Economics of War – Part 2

The Economics of War – Part 2

14 Mar The Economics of War – Part 1

The Economics of War – Part 1

12 Mar The Iran War

The Iran War

07 Mar Gold is not an Investment Asset

Gold is not an Investment Asset