The US is engaged in three expensive military/geopolitical conflicts (Russia-Ukraine war, Middle East conflict, and cold war with China) alongside climate policy spending, all of which are structural fiscal drivers unlikely to shrink regardless of political leadership.

factualpending

Speaker

Unidentified Speaker — A Massively, Massively, Massively Overvalued Market-Julian … [qDi-wyLt9zE]

Evidence Quote

we got two kinetic Wars Russia and and Ukraine and the Middle East we've got a climate change war and we're in a cold war with China

Source

A Massively, Massively, Massively Overvalued Market-Julian BrigdenReSolve Asset Management
Created: 8/12/2026, 6:17:43 PM

My Notes

Loading notes...