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This is very valuable information, thank you.

That said, Biden should have retreated. The Saudis couldn't crush the Yemenis for years, and have no desire to fight them again. Sooner or later, some ship is going to get too close to one of those VERY moveable ballistic missile launchers, or a drone or three will get lucky, and we will see the headline US SHIP SUNK.

Of course, at a $1 million or more an anti-missile missile, there's money to be made. Ka-CHING! Raytheon doesn't care about sailors.

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There is a real risk of one of our ships being hit. So far we have been lucky. The real problem, moreover is Iran, not the Houthis, and Biden is scared to take that on.

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If Biden really were trying to avoid a conflict, he sure has a strange way of going about it.

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what do you think is behind the "blowout 2023 Q3 and Q4" GDP numbers? "Inventory Rebuild". A FULL 1.3 percentage points of GDP come from "inventory rebuild" alone....you can only imagine what inventory we're talking about.

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