Donald Trump’s second term may not be all bad for all nations, including and especially China. For many Chinese internet users, Trump’s policies have unwittingly strengthened their country. This is why he has earned the popular nickname “Chuan Jianguo,” which means “Make China Great.” Trump’s first term made at least three notable contributions to China’s Continue reading »
Reading
“When I use a word,” Humpty Dumpty said in rather a scornful tone, “it means just what I choose it to mean—neither more nor less.” “The question is,” said Alice, “whether you can make words mean so many different things.” “The question is,” said Humpty Dumpty, “which is to be master—that’s all.” Lewis Caroll-Through the Continue reading »
Dear Donald, I know that you are a great deal-maker, but you will be seen as even greater if you do as I suggest. Australia is already providing $4 billion to the United States under the AUKUS deal without any guarantee that Virginia class nuclear submarines will ever be provided to it. I suggest that Continue reading »
The ABC should be the voice of reason in Australia’s society, and that reason should loudly proclaim that Australia is in the middle of Asia and it is in its self interest to act in accordance with that geographical fact. The crucial element regarding that geographical fact is that Australia not only should but must Continue reading »
We are in deep trouble, Australia. We are guilty under international law of crimes against humanity for our colonial past, our enduring racism, our mistreatment of asylum seekers and now, colluding with Israel, the United States and other nations in the ongoing travesty that is the genocide of Palestine. Humanity has gone quite mad. We Continue reading »
Dumplings on the dinner table, festive greetings everywhere, and an intriguing online adventure that keeps you hooked from start to finish. For those who observe the Lunar New Year, either in China or around the world, lying on the couch and playing video games feels like the perfect leisure for the Spring Festival holiday. Look Continue reading »
Indonesia has just become the 10th full member nation of BRICS+, the first nation in South East Asia to gain such membership. The announcement was made, 1st January, by Brazil, currently holding the revolving chair of BRICS+. Having the world’s fourth largest population (280 million with 165 million of them under 30) and projected soon Continue reading »
If you care about saving Earth from catastrophe, you might be feeling a little down about the re-election of Donald Trump as United States president. Undeniably, his return to the White House is a real setback for climate action. Trump is a climate change denier who has promised to increase fossil fuel production and withdraw the US from the Paris climate Continue reading »
Gaza, Haiti, Iran, Israel, Lebanon, Russia, Syria, Ukraine, and Venezuela: President-elect Donald Trump will face no shortage of foreign-policy challenges when he assumes office in January. None, however, comes close to China in scope, scale, or complexity. No other country has the capacity to resist his predictable antagonism with the same degree of strength and Continue reading »
People who demand better won’t get it from Trump In a Seinfeld episode entitled “The Opposite” from 1994 (before my Gen Z friends were born, sorry), Jerry convinces George Costanza, perennial sad sack, that “if every instinct you have is wrong, then the opposite would have to be right.” George tries doing the opposite of what his instincts tell him and his fortunes rapidly turn around. The United States after instituting The New Deal built the greatest middle class the world has ever seen. Then after social and political reforms of the 1960s opened more opportunity to Americans still lagging behind, business interests organized a quiet counterrevolution to do the opposite. The rich got their taxes cut under Ronald Reagan and fat cats got even fatter. Upward mobility stopped. Wages stagnated. President Bill Clinton loosened banking regulations opening the door for mortgage-backed securities and the subprime mortgage crisis. President George W. Bush, the supposed apotheosis of the grandees’ grand designs, cut their taxes even more and the economy crashed, impoverishing average Americans even more.
Week-end Wrap – Political Economy – January 19, 2025
By Tony Wikrent
Strategic Political Economy
Can nonviolent struggle defeat a dictator? This database emphatically says yes
[Waging Non-Violence, via Naked Capitalism Water Cooler 01-14-2024]
Great Googamooga How the hell did we survive four years of this deeply insecure man-child once? How did Americans get crazy enough to give this unstable knot of personality defects four more years in the White House instead of in jail? Anne Applebaum’s account of her visit to Denmark has me waggling my head like a Lonney Tunes character. She writes that “a Danish prime minister cannot sell Greenland any more than an American president can sell Florida.” And yet Donald Trump apparently called Copenhagen on Wednesday and demanded Mette Frederiksen do a real estate deal with him. It’s Kafkaesque. Trump the Transactional seems to have generated a political crisis in Scandinavia even before his inauguration. “In private discussions, the adjective that was most frequently used to describe the Trump phone call was rough. The verb most frequently used was threaten. The reaction most frequently expressed was confusion,” Applebaum writes. It’s not as if anything Trump might want the U.S. to do in Greenland is not already doable. A former Danish diplomat related a story from 1957.
A president who has both warned of corruption and courted oligarchs sounds a final alarm on his way out of the swamp.
Reserve requirements are the latest economic fad, but do they actually solve anything? Let’s break down the myths and explains why the UK banking system is (slowly) returning to what worked for centuries.
‘New Keynesian’ macroeconomist Simon Wren-Lewis has a post on his blog discussing how evidence is treated in modern macroeconomics (emphasis added): It is hard to get academic macroeconomists trained since the 1980s to address this question, because they have been taught that these models and techniques are fatally flawed because of the Lucas critique and […]
I was separated from my mom at age 10. Donald Trump's reelection has reignited my family's fears.
The post Why My Memories of Being Taken From My Mom at the Border Came Flooding Back appeared first on The Intercept.
In honor of Martin Luther King Day, I’ve combed my review archives and curated 10 films that reflect on race relations in America; some that look back at where we’ve been, some that give us a reality check on where we’re at now and maybe even one or two that offer hope for the future. We still may not have quite reached that “promised land” of colorblind equality, but each of us doing whatever we can in our own small way to help keep Dr. King’s legacy alive will surely help light the way-especially in these dark times. BlackKkKlansman (2018)– So what do you get if you cross Cyrano de Bergerac with Blazing Saddles? You might get Spike Lee’s BlackKkKlansman. That is not to say that Lee’s film is a knee-slapping comedy; far from it. Lee takes the true story of Ron Stallworth (John David Washington), an African-American undercover cop who managed to infiltrate the KKK in Colorado in the early 70s and runs with it, in his inimitable fashion. I think this is Lee’s most affecting and hard-hitting film since Do the Right Thing (1989).
Cluck, cluck: I’m sure this is all Biden’s fault as everything bad will be for the next four years. Still, from what I’ve been told, the price of eggs is the most important issue faced by all mankind. Of course, now that Dear Leader has returned I’m sure most people will be happy to roll with the punches.
The Grayzone’s Max Blumenthal confronted Blinken, asking why he continued to “keep the bombs flowing when we had a deal in May” and whether he was “compromised by Israel.” Moments later, Sam Husseini was dragged from the presser by cops after attempting to ask a question. Secretary of State Antony Blinken held his final press conference on Thursday and was confronted about his support for Israel’s genocidal war in Gaza by two veteran reporters, including independent journalist Sam Husseini, who was dragged […]
The post ‘Why Aren’t You in The Hague?’: Sam Husseini and Max Blumenthal confront Tony Blinken first appeared on The Grayzone.
The post ‘Why Aren’t You in The Hague?’: Sam Husseini and Max Blumenthal confront Tony Blinken appeared first on The Grayzone.
Are they all like this??? From Gizmodo: Marc Andreessen, the billionaire tech investor who co-founded Netscape, has recently been making the rounds on various podcasts to talk about how the Democrats were so very mean to him and forced him to become a supporter of Donald Trump. Andreessen’s obnoxious whining wouldn’t otherwise be notable, given how many guys in the tech industry have blamed backlash against “wokeness” on their support for the MAGA movement. But a new interview released by the New York Times on Friday is interesting, if only because the Times cleaned up its own transcript to make Andreessen sound like less of an idiot. Andreessen said that Hillary Clinton was really running the government between 2017 and 2021. The Times claimed he misspoke but as you read further it’s clear that he’s talking about some conspiratorial deep state BS about which either the Times is unaware or they decided to ignore. But even if Andreessen did misspeak he still sounds like a sophomoric fool, much like the rest of these tech bros who all seem to be in the grip of serious cases of arrested development.