Turning Point

[Editor's note: In light of the historic significance of the events which unfolded in Beirut on September 27, 2024, I've published an ad hoc Monthly Letter, which I'm making available temporarily to all subscribers, regardless of subscription tier. September's previously-planned Monthly, entitled "Survival Of The Richest," will be published in October.] Hassan Nasrallah's dead. Hezbollah dug his lifeless body from the rubble in Dahiya on Saturday. The group's announcement came around 18 hours

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