Stumbled across this recently: China aims to become custodian of foreign sovereign gold reserves to strengthen its standing in the global bullion market, according to people familiar with the matter. The People’s Bank of China is using the Shanghai Gold Exchange to court central banks in friendly countries to buy bullion and store it within […]
End of American Empire
You may have heard that Tesla’s board has proposed giving Elon Musk a one trillion dollar payday. Tesla is falling apart, and the ostensible theory is that only Musk can save it, as if he’s not the guy who ran it into the ground with his bad decision making. Elon, of course, is currently “the […]
First, I want to follow up on this: “I am due to have a conversation with a friend that lives in Denmark tomorrow and I’m going to ask him about energy prices.” His reply, and I paraphrase as I did not record it or take notes: “if we still had to make our house payment, […]
It should be that almost always they do what they promise, and they meet their goals. An American-Chinese silicon valley type spent some time in China recently (I don’t agree wit the whole article, but you should read it), and among the bits that stood out to me was this: In the US, when politicians […]
Some years ago I wrote an article about how to run a real left wing government. Seven Rules for running a real left-wing government Of course, it was really a guide for how to change the ruling ideology of a society. Because, yes, elites, apparatchniks and what as might be called a deep state state […]
The US government is to take a 15% cut of Nvidia and AMD chip sale profits to China. There are also discussion of taking a 10% stock share in Intel. Meanwhile the Pentagon has taken a hundred million dollar stake in a rare earth miner, and guaranteed minimum prices. As Albert Pinto notes, this isn’t […]
Saw this recently, from the University of Chicago: And it begins. No music history and theory, comp lit, classics, and on and on. pic.twitter.com/e2JxrCbm1k — Dialectical Zach-Zack Loeffler (@thezachloeffler) August 12, 2025 The commentary is a bit of an exaggeration. But not too much. Now if this was just one data point, it wouldn’t matter, […]
So, the Supremes have decided, without even bothering to write an opinion, that the Department of Education can be massively reduced without Congressional approval: The Supreme Court ruled on Monday that the Trump administration may fire more than half of the Department of Education’s workforce — mass terminations that, in Education Secretary Linda McMahon’s words, […]
The Globe and Mail is one of the two main “newspapers of the elite” in Canada, and the older of the two. (The other one is the Nation Post). So this article is important: Canada’s “deal” with the U.S. to drop the digital services tax, which benefits U.S. tech giants such as Meta and Netflix […]