Iran Just Shot Down a US Fighter Jet — And the Rescue Mission Failed
Tom Bilyeu analyzes the geopolitical and economic fallout after Iran shot down a US fighter jet, covering Trump's trade strategy, pharmaceutical tariffs, and rivalry with China.
The gist
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Iran shot down an F-15 Strike Eagle and may have captured a pilot, raising doubts about US air superiority and a 2-3 week withdrawal timeline.
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China has detained nearly 70 Panama-flagged vessels since March as retaliation for being expelled from Panama Canal ports, using shipping as an economic weapon.
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Bilyeu argues the top 10% own 93% of assets, and reshoring manufacturing is the main lever to rebuild the middle class, even if it means higher prices short term.
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