Uploaded August 2026 | Updated September 2026, 2 weeks ago
Drone warfare now rewards whoever can out-produce an opponent, shifting the military edge away from advanced technology toward raw industrial scale.
Vincent Deluard, StoneX Group Director of Global Macro Strategy, breaks down how cheap drones have blunted the pillars of postwar military dominance.
Ukraine used drones to stop the second most powerful army in the world, and Iran used the same technology against the most powerful one. Aircraft carriers cannot absorb the sheer mass of a drone barrage, and nuclear deterrence loses force when the weapons cannot realistically be used. Even THAAD missile defenses can be exhausted by wave after wave of cheap drones, which is why industrial capacity now rivals technological sophistication.
Discover Actionable Global Macro Insights with StoneX Market Intelligence: shop.stonex.com/products/global-macro-insights?utm_source=youtube&utm_medium=social&utm_campaign=sxtv_guest_vincent_deluard&utm_content=share
0:00 Technology Always Won Wars
0:41 Ukraine and Iran Used Drones
1:03 The Carrier and Nuke Problem
1:54 China's Industrial Advantage
Like and subscribe for more financial market insights.
#DroneWarfare #StoneX #VincentDeluard #Geopolitics
Drone warfare now rewards whoever can out-produce an opponent, shifting the military edge away from advanced technology toward raw industrial scale.
Vincent Deluard, StoneX Group Director of Global Macro Strategy, breaks down how cheap drones have blunted the pillars of postwar military dominance.
Ukraine used drones to stop the second most powerful army in the world, and Iran used the same technology against the most powerful one. Aircraft carriers cannot absorb the sheer mass of a drone barrage, and nuclear deterrence loses force when the weapons cannot realistically be used. Even THAAD missile defenses can be exhausted by wave after wave of cheap drones, which is why industrial capacity now rivals technological sophistication.
Discover Actionable Global Macro Insights with StoneX Market Intelligence: shop.stonex.com/products/global-macro-insights?utm_source=youtube&utm_medium=social&utm_campaign=sxtv_guest_vincent_deluard&utm_content=share
0:00 Technology Always Won Wars
0:41 Ukraine and Iran Used Drones
1:03 The Carrier and Nuke Problem
1:54 China's Industrial Advantage
Like and subscribe for more financial market insights.
#DroneWarfare #StoneX #VincentDeluard #Geopolitics
