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Moon of Alabama — Syria Summary – Towards The End Of The Caliphate

Summary:
What is left of ISIS, probably some 10,000 fighters in total, is now confined to east Syria and west Iraq. No more replenishment is coming forward. No new fighters are willing to join the losing project. Its resources are dwindling by the day. The U.S. is extracting its assets within the organization. The Euphrates valley west and east of Deir Ezzor will become the last defensible territory it holds. Six month from now it will be defeated. Its Caliphate will be gone. The other Jihadi project in Syria is run under the various names of al-Qaeda in Syria. It is now mainly confined to Idleb province. The estimated strength is some 9,000 fighters with some 12,000 auxiliary forces of local "rebels". Like ISIS, al-Qaeda in Syria is now isolated and no one is willing to come to its help. Its

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What is left of ISIS, probably some 10,000 fighters in total, is now confined to east Syria and west Iraq. No more replenishment is coming forward. No new fighters are willing to join the losing project. Its resources are dwindling by the day. The U.S. is extracting its assets within the organization. The Euphrates valley west and east of Deir Ezzor will become the last defensible territory it holds. Six month from now it will be defeated. Its Caliphate will be gone.
The other Jihadi project in Syria is run under the various names of al-Qaeda in Syria. It is now mainly confined to Idleb province. The estimated strength is some 9,000 fighters with some 12,000 auxiliary forces of local "rebels". Like ISIS, al-Qaeda in Syria is now isolated and no one is willing to come to its help. Its local helpers will give up and reconcile as soon as the Syrian army will move in on them. The hard-core militants will be killed.
The U.S. has told its proxy "rebels" to give up on their political project. Jordan is sending peace signals towards Damascus. The Syrian President Assad will not be removed and the country will stay under the protection of Russia and Iran. The U.S. still supports the Kurdish YPG fighters in Syria's north-east. But its relation with its NATO member Turkey will always be more important than any national Kurdish project. In the end the Kurds, like others, will have to accept the condition Damascus will set for them.
Moon of Alabama
Syria Summary - Towards The End Of The Caliphate
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Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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