Former IDF Ombudsman Ret. General Yitzhak Brik: “The bitter truth -- the IDF is indeed collapsing in on itself”; ‘The collapse of the IDF is the collapse of Israel’
“The shortages center on rare earths such as yttrium and scandium, niche members of the family of 17 elements, which play tiny but vital roles in defence technology, aerospace and semiconductors and are almost entirely produced in China.”
Me, in the Financial Times --
On the surge in China's intervention, and the impossibility of diversifying away from dollar assets/ Treasuries when the state banks are buying $100b a month in FX
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