Wednesday, September 20, 2023

Looming..

 

Ironic..

 

 "The total contribution by the EU to Ukraine since the start of this war is about €72 billion. Europe has given roughly the same as the US."

Very odd... US agreed to send weapon of war, mass killing Cluster Munitions, and depleted uranium anti-tank rounds to Ukraine. 

However, for the American people, they can't put a budget together.

Bidenomics..

 

Air Tag..

 

Hard..

 

Tuesday, September 19, 2023

Power..

 

Paul Kennedy posits that continued Debt and deficit spending, especially on military build-up, is the single most important reason for decline of any great power. 
The costs of the wars in Iraq and Afghanistan were as of 2017 estimated to run as high as $4.4 trillion, which Kennedy deems a major victory for Osama bin Laden, whose announced goal was to humiliate America by showcasing its casualty averseness and lack of will to persist in a long-term conflict. 
By 2011, the U.S. military budget — almost matching that of the rest of the world combined — was higher in real terms than at any time since WWII.
Kennedy made similar assessments about American decline in his book The Rise and Fall of the Great Powers in which he projected "a need to 'manage' affairs so that the relative erosion of the United States' position takes place slowly and smoothly".
Now with other countries advancing like China and India, the BRICS coalition which 
control 43% of World GDP, the deDolarization aspect of the trade and finally the oil/Energy control, No war, all will have a great impact on the current 
G7 decline.  "Its the Economy Stupid"

Naked..

 

Presidents Joe Biden took his case for supporting Ukraine to the U.N. General Assembly, claiming Moscow believes the world will grow weary of the war and allow Russian forces to "brutalize Ukraine without consequence."

Biden said that if Moscow is allowed to win in Ukraine, no country would be safe from "naked aggression."

Russia alone bears responsibility for this war," Biden said. "Russia alone stands in the way of peace because Russia's price for peace is Ukraine's capitulation.". 

Mr. Biden's words wasn't followed by the G20. The UN gathering will follow with similar response.  So many Hollow Words?   Just a thought.

Elsewhere..

 
 

 For most of this century, Germany racked up one economic success after another, dominating global markets for high-end products. 
Now, Germany is the world’s worst-performing major developed economy, with both the International Monetary Fund and European Union expecting it to shrink this year.
The loss of Moscow’s cheap natural gas, an unprecedented shock to Germany’s energy-intensive industries, long the manufacturing powerhouse of Europe.
Germany risks “deindustrialization” as high energy costs and government inaction on other chronic problems threaten to send new factories and high-paying jobs elsewhere.
The cheap Russian fuel no is enjoyed by India and China. ( AP)

Income..

 

This is a man made problem caused the inflation worldwide and should never have happened.

Stealth..