Mar. 3 at 9:14 PM
$JNUG $GDX $GLD $B $SLV
This war w/Iran just might be the best situation for Private Equity. If this war goes on for months or years private credit/equity will receive a stealth/esoteric BAILOUT
If this war drags on, the govt won’t tax citizens — it will borrow, selling debt that masks risk while markets cheer. Liquidity flows not to the struggling, but to hedge funds, private equity, & leveraged financiers, quietly inflating their portfolios as it did in 2008 & 2020. Defense contractors & allied private firms will rake in contracts paid for by the public, enriching the few while the many bear the cost. Not a bailout in name, but a stealth transfer of taxpayer money into private coffers ❌ losses socialized, gains privatized, morality discarded in the machinery of war❌
A default problem is mechanical. Loans sour, losses are recognized, balance sheets contract. Painful, but familiar. The system absorbs it and moves on. We’ve seen that movie before.
