Flip61 is correct. If there was a major war, "there would be a market hiccup, probably a big one and then it will get over it." Why? Because (and I hesitate to say this but it's fact) war is great for resources. Every major war in history has resulted in a sharp, prolonged rise in resource prices, especially metals. And wars are great for the economy too. (The end of the Great Depression is but one such example).
So stay under the blankets er6n (and save me the reflex reply about how callous the facts are - I know, and it's not my fault!). If you are convinced about the impending doom of the next war because the New York Times has a slow news day, go ahead and fret. But at least get the basic facts right before you panick about Australian miners.
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