Tuesday, June 6, 2023

Cause and..

 

Washington and its allies made some misjudgments about the Ukraine/Russia conflict. They underestimated the neutral stance of China and several other countries such as India and Brazil, in addition to several countries on the African continent, for example. 
And the worst: they also provided the beginning of the acceleration of the de-dollarization of the world economy with the economic sanctions against the Russians, uniting the objectives of several countries that already questioned the supremacy of the dollar as the dominant commercial transaction currency. 
A supremacy’s downfall could certainly take decades, but that seems to be already underway.
       The current Russian-Ukrainian conflict could never gain the international proportions that were generated from the action of the Washington-Brussels Axis.
 Their actions have directly impacted Europe, which bears the brunt of the consequences while the US benefits economically from Russian sanctions and Europeans suffer as much as Moscow from their actions and effects. 

Only..

 

Sunday, June 4, 2023

OK..

 

Hurray..

 

The politicians and the Media is not helping at all when it comes to the Debt and the debt ceiling. Having this much in debt is a serious problem for the country. We may have passed a minor problem, but the debt is still growing and will impede the economics at one point.  Just a thought.

Aggressively..


Canada's navy said a Chinese navy warship aggressively cut in front of the convoy and came within 150 meters of crashing into the American ship the USS Chung-Hoon. Earlier this month, the Pentagon said a Chinese fighter jet cut dangerously close in front of an American surveillance plane in international airspace above the South China Sea.  

Austin touted expanded military exercises with allies and partners, including Japan, Australia, the Philippines and Indonesia. The U.S. is also increasing the sharing of military technology with India, creating interoperability between its military systems with Japan, and is currently building a new fleet of nuclear-powered submarines with Australia.    

"Why does this all happen near China's sovereign waters and airspace? Chinese ships and aircraft never go near other countries' airspace and waters," said China's defense chief Li.    Searching for conflict?    Just a thought.

Concern..

 
The idea of having Biden run again is very simple. The Democratic party want to win the next election. Its about the party and the power.

The major achievement of Mr. Biden's term is Just helping the Ukranian with weapons of 40 Billion dollars, then start the Visit to Taiwan and the rest of the comment to get China into a situation of doing frequent military exercises in the area. 

Inflation began when he started talking "No Fossil Fuel".... then sanctions on the oil "Russian oil" ignited the higher prices an caused more problems... Banking crises, food shortage,  south border, out of control migrant situation.

Saturday, June 3, 2023

Attack..

 

Huh..

 

Sanction..

 

Cost..

 


Russia's invasion of Ukraine has come at a steep geopolitical price and tens of thousands of people have died, but a new analysis by the Economist suggests the country is actually spending a small amount on the war effort.
The direct fiscal cost of the war — spending on soldiers and machines — is estimated to be about 3% of Russia's GDP, or roughly $67 billion a year, according to the report. That figure comes from a comparison of Moscow's pre-invasion spending forecasts for defense and security with what it actually spent.  
By historical standards, the current war pales in comparison. The Soviet Union during World War II, for example, spent about 61% of GDP, and the US at the same time put about 50% of its GDP toward the conflict. 
So it appears that the cost to the Western Allies far exceeds the cost to Russia. 
Just a thought.