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Duncan Weldon

@duncanweldon

Economics writer. Author. Expect history, economics, finance and other stuff. Wrote Two Hundred Years of Muddling Through. Blood and Treasure, on the economics of war, out now.

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Latest posts by Duncan Weldon @duncanweldon

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750 soldiers with 82nd Airborne headed for CENTCOM, additional 4,000 troops expected to deploy as Iran tensions mount β€œAt the direction of the Commander in Chief, I have authorized the deployment of an infantry battalion from the Immediate Response Force (IRF) of the 82nd Airborne Division to the U.S. Central Command...

82nd was used in 2019/20.

www.militarytimes.com/flashpoints/...

06.03.2026 17:23 πŸ‘ 0 πŸ” 0 πŸ’¬ 1 πŸ“Œ 0
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I agree with this expert. This is β€œno-brainer”.
There is no evidence of a brain being employed with this plan.

06.03.2026 17:20 πŸ‘ 23 πŸ” 2 πŸ’¬ 1 πŸ“Œ 0
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Cancellation of Army exercise fuels speculation about Mideast troop deployments The abrupt cancellation of a training event has put a spotlight on the 82nd Airborne Division, which specializes in ground combat and other fraught missions.

Could be:
1. Nothing.
2.Reinforcing the security at US embassies in the region.
3. An absolutely mad plan to seize Kharg Island.
1 or 2 feel more likely.

06.03.2026 17:18 πŸ‘ 26 πŸ” 3 πŸ’¬ 4 πŸ“Œ 0

I think the Greenland stuff was mostly about that.

06.03.2026 17:14 πŸ‘ 5 πŸ” 0 πŸ’¬ 1 πŸ“Œ 0

I wonder if this is β€˜old man in a hurry’ stuff? Seems very set on achieving a legacy - renaming Kennedy Center etc. And was interesting how the initial statement at the start really went big on Iran being an enemy for almost 5 decades.

06.03.2026 17:12 πŸ‘ 12 πŸ” 0 πŸ’¬ 2 πŸ“Œ 0
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Trump's β€˜move fast and break things’ war slams into economy South Asian and Gulf countries may get hit particularly hard, mostly on energy, remittances, and agriculture. Here's how.

Very useful from @rajakorman.bsky.social on the economic impacts across the Global South.

responsiblestatecraft.org/war-ian-glob...

06.03.2026 16:44 πŸ‘ 12 πŸ” 5 πŸ’¬ 1 πŸ“Œ 0

No. But imagine Israel would consider an Iran that looks something like Libya and without any serious ballistic missile capacity a success. But as long as it can fire drones that’s a problem for the Gulf States and shipping in the Strait.

06.03.2026 16:39 πŸ‘ 11 πŸ” 0 πŸ’¬ 2 πŸ“Œ 0

I can see how Israel can achieve its strategic aims here. I’m really struggling to see how this ends well for the US.

06.03.2026 16:33 πŸ‘ 81 πŸ” 7 πŸ’¬ 10 πŸ“Œ 0

I mostly buy on kindle nowadays. Partially about having almost run out of shelf space, partially just easier to carry around and partially cost.

06.03.2026 15:59 πŸ‘ 4 πŸ” 0 πŸ’¬ 2 πŸ“Œ 0

They look really nice on a shelf.

06.03.2026 15:55 πŸ‘ 10 πŸ” 0 πŸ’¬ 3 πŸ“Œ 0

Also unusual in that they are straight to paperback.
I do think asking people to spend Β£25-Β£35 on HB non-fiction is an increasingly tough ask.

06.03.2026 15:51 πŸ‘ 33 πŸ” 0 πŸ’¬ 3 πŸ“Œ 0

Shortest History of series, which does very well, is a good argument that UK readers will buy that sort of length.

06.03.2026 15:49 πŸ‘ 27 πŸ” 0 πŸ’¬ 2 πŸ“Œ 0

β€œExperts say Amazon’s facilities were likely targeted by Iran”.
Glad these experts are ruling out spontaneous combustion.

06.03.2026 14:56 πŸ‘ 17 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
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Iran hits Amazon data centres in jolt to Gulf AI drive First known military strike on a US hyperscaler rattles regional ambitions to build multibillion-dollar cloud facilities

Another non-energy side plot. Not something I’d given much thought to.

www.ft.com/content/09fa... Iran hits Amazon data centres in jolt to Gulf AI drive

06.03.2026 14:55 πŸ‘ 12 πŸ” 5 πŸ’¬ 2 πŸ“Œ 2

I’d also take the β€œwe’ll only accept unconditional surrender” just as seriously.

06.03.2026 14:35 πŸ‘ 11 πŸ” 1 πŸ’¬ 0 πŸ“Œ 0
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It's not just oil, the way. Fertilisers, and therefore food prices also in the firing line. www.ft.com/content/7efe...

06.03.2026 14:27 πŸ‘ 21 πŸ” 10 πŸ’¬ 1 πŸ“Œ 1
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The important bit.

www.wsj.com/business/ene...

06.03.2026 14:19 πŸ‘ 25 πŸ” 5 πŸ’¬ 2 πŸ“Œ 0
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I’d take this about as seriously as Trump declaring US munitions inventories have never been higher.

06.03.2026 13:52 πŸ‘ 31 πŸ” 2 πŸ’¬ 6 πŸ“Œ 0

Good news: can be reasonably sure BLS numbers aren’t being manipulated.

06.03.2026 13:39 πŸ‘ 47 πŸ” 3 πŸ’¬ 1 πŸ“Œ 1

HUGE payrolls miss, wow

Feb Payrolls -92k vs +55k est/+130k prev
2m net revision -69k
Unemplomyent 4.4% vs 4.3% est/4.3% prev
Avg hourly earn YoY +3.8% vs +3.7% est+/3.7% prev
Jan Retail sales MoM -0.2% vs -0.3% est/0.0% prev
Control group est MoM +0.3% vs+0.3% est/-0.1% prev

06.03.2026 13:30 πŸ‘ 980 πŸ” 275 πŸ’¬ 19 πŸ“Œ 83

Ok. We are currently not adding enough capability. But in practice, it’s very similar over the short term.

06.03.2026 12:52 πŸ‘ 1 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0

I don’t know. Thinking as a father of three, I think I’d prefer to know all three had access to a good education rather than hoping that one, two or three of them would get access to a really excellent one.

06.03.2026 11:08 πŸ‘ 1 πŸ” 0 πŸ’¬ 2 πŸ“Œ 0

That’s my read at the moment. The other interesting niggle: I am much more confident they can almost entirely degrade Iran’s ability launch ballistic missiles - which removes most of the threat to Israel. The drones are a bigger problem for the Gulf states and shipping.

06.03.2026 10:36 πŸ‘ 7 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0

Yes. It being more difficult to switch off is the key point I think.
And it’s not just Trump that holds for. The Iranians seem to have devolved firing decisions to local units whilst leadership structures and communications have been hit hard. It may not be easy for them to stop either.

06.03.2026 10:31 πŸ‘ 9 πŸ” 0 πŸ’¬ 2 πŸ“Œ 0

At least you’re in the right profession.

06.03.2026 10:06 πŸ‘ 2 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0

I had an incredibly vivid dream that Trump made me Vice President the other day. Was deeply confusing.

06.03.2026 09:46 πŸ‘ 6 πŸ” 0 πŸ’¬ 3 πŸ“Œ 0
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Adding Qatar’s energy minister to the list of oil and energy market types beginning to really freak out.

www.ft.com/content/be12...

06.03.2026 09:42 πŸ‘ 171 πŸ” 36 πŸ’¬ 4 πŸ“Œ 5

Yeah. Definitely a bond market reaction.

06.03.2026 09:30 πŸ‘ 12 πŸ” 0 πŸ’¬ 1 πŸ“Œ 0

My theory:

Macro people look at crude markets (over supplied, fairly benign)

Energy people look at product markets (oh god did another refinery just blow up?)

06.03.2026 09:24 πŸ‘ 39 πŸ” 10 πŸ’¬ 0 πŸ“Œ 0

I have been really surprised by how much Trump posts β€œwe’ll escort tankers through the straits”/β€œwe have a plan to lower oil prices”/etc have caused rallies.

06.03.2026 09:25 πŸ‘ 35 πŸ” 1 πŸ’¬ 6 πŸ“Œ 0