XJO - Bear Posts only (Factors which might cause the markets to fall), page-12610

"There are so many unintended consequences"

Yes, and you know something's gone badly wrong when those who setup the conflict are now desperately trying to defuse it.

Its easy to figure out who is behind this conflict => Russia, because it takes US money and military resources away from Ukraine and keeps the price of oil high. Also, China has bet big on a Middle-East conflict because they have been stockpiling massive amounts of oil for the past 6mths.

So, why is Putin and Xi now desperately attempting to make peace in the middle-east to avoid a war? (see video below)

The reason given is: If the US and Iran go to war, Russia and China will be forced to take sides. Currently they are pretending to be everyone's friend in the middle-east. Taking sides with Iran would mean more enemies and more trade sanctions - which their economies cannot afford. Besides that, they would know if Iran has the bomb and if they intend to use it against Israel. This this would likely result in a global conflict (because the US is involved) that has already gone nuclear and both Russia and China are on the other side,