Brace Yourselves For War Between Iran and Israel

[Evan]

Honestly I wasn’t sure if this is the appropriate thread, but seeing as this is where the focus is, here goes.

Brian Berletic, as always, is continuing to hammer home his references to the policy paper Which Path To Persia. He makes a compelling point that if one zooms out and looks at the wide view, everything that the US is doing and has done, from Venezuela to Iran is in service to cutting off China. Unlike Andrei Martyanov, Berletic contends that Israel is in fact not “running the US” aggression towards Iran, but rather the blockades of both the Caribbean and the Persian Gulf are all steps in isolating the Chinese. The Strait of Malacca would be next, naturally.

 

[nicklebleu]

So, when you say Trump has authorised pension funds to include alternative assets, I would need to know how Trump can override trustees' powers that are set out in the enabling trust deeds.

The two are not mutually exclusive.

As an example, here in Australia, when you run a Self Managed Superannuation Fund (SMSF), which is basically your own private pension plan, the government tells you what assets are eligible to be used in such funds, and which are not. In Australia, cryptos are not allowed in SMSFs, as far as I know. You are also not allowed to put you own dwelling into the account, etc.

Then the SMSF deed specifies which assets (among those eligible) will effectively be used, and in what percentage. Like for instance cash 0-100%, physical precious metals 0-75%, equities 0-100%, bonds 0-100%, etc.

 

[Jones]

The two are not mutually exclusive.

As an example, here in Australia, when you run a Self Managed Superannuation Fund (SMSF), which is basically your own private pension plan, the government tells you what assets are eligible to be used in such funds, and which are not. In Australia, cryptos are not allowed in SMSFs, as far as I know. You are also not allowed to put you own dwelling into the account, etc.

Then the SMSF deed specifies which assets (among those eligible) will effectively be used, and in what percentage. Like for instance cash 0-100%, physical precious metals 0-75%, equities 0-100%, bonds 0-100%, etc.

On this subject, Australia is set to use superannuation funds for defence spending. I'm sure that I've heard some Australian politician suggesting this as a possibility some time ago but I can't find any reference to an earlier suggestion.

Labor to tap super funds for $53b defence build-up

Richard Marles declared greater private sector involvement in defence would be a win-win for the government and investors, but economists remain critical.

www.afr.com

From what I understand so far the idea is that defence investment from super funds will be voluntary. That's not the impression that I got from the earlier mentions that I recall.