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Showing posts with label trade. Show all posts
Showing posts with label trade. Show all posts

Saturday, August 02, 2025

2: Trade

‘We are losing the soul of Israel’: Fmr Israeli Prime Minister reacts to extreme famine in Gaza
Donald Trump disapproval rating hits new 2025 high
Trump injects a new dose of uncertainty in tariffs as he pushes start date to Aug. 7
World economies react to Trump's tariffs punch

Senate Republicans Vote To Let Trump Keep Air Force One When He Leaves Office, After Estimated $1 Billion Taxpayer-Funded Retrofit Prior to the Senate Appropriations Committee vote today, Sen. Chris Murphy (D-CT) offered an amendment: “Not to refuse acceptance of the Qatari jet; just to prohibit Trump from taking it with him when he leaves office – after the taxpayers spend $1 billion to retrofit it.” ........ The amendment failed to be included by one vote, 14-15. Murphy reported: “Every single Republican voted to allow Trump to take the jet.” ......... [Less delicately, Senator Patty Murray (D-WA), who supported Murphy’s amendment, called the transaction between Trump with Qatar “a bribe,” and accused the Trump administration of being “the most corrupt in history.”] ........ “after the president left office, the plan called for transferring ownership of the plane to the Trump presidential library foundation.” ........ Murray also noted that the next generation Air Force One is already in the pipeline (there are two in the works) and voiced concern — as others have, including Republicans — about the “huge security vulnerability on this plane.” ........ In May when the aircraft transfer was announced, Sen. Ted Cruz (R-TX) said: “I also think that the plane poses significant espionage and surveillance problems. So we'll see how this issue plays out.” And Sen. Rand Paul (R-KY) said: "I do think the jet probably sends the wrong signal to people, and I don't like the look or the appearance, so I would hope [Trump] rejects it." ................. The 15 Republicans who serve on the Senate Appropriations Committee and voted against Murphy’s amendment are: Chair Susan Collins (ME), Mitch McConnell (KY), Lisa Murkowski (Alaska), Lindsey Graham (SC), Jerry Moran (KS), John Hoeven (ND), John Boozman (Arkansas), Shelley Moore Capito (WV), John Kennedy (LA), Cindy Hyde-Smith (MS), Bill Hagerty (TN), Katie Britt (LA), Markwayne Mullin (OK), Deb Fischer (NE), and Mike Rounds (SD).

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The Last Age: Lord Kalki, Prophecy, and the Final War for Peace
The Protocol of Greatness (novel)
A Reorganized UN: Built From Ground Up
The Drum Report: Markets, Tariffs, and the Man in the Basement (novel)
World War III Is Unnecessary
Grounded Greatness: The Case For Smart Surface Transit In Future Cities
The Garden Of Last Debates (novel)
Deported (novel)
Empty Country (novel)
Trump’s Default: The Mist Of Empire (novel)

The 20% Growth Revolution: Nepal’s Path to Prosperity Through Kalkiism
Rethinking Trade: A Blueprint for a Just and Thriving Global Economy
The $500 Billion Pivot: How the India-US Alliance Can Reshape Global Trade
Trump’s Trade War
Peace For Taiwan Is Possible
Formula For Peace In Ukraine
A 2T Cut
Are We Frozen in Time?: Tech Progress, Social Stagnation
The Last Age of War, The First Age of Peace: Lord Kalki, Prophecies, and the Path to Global Redemption
AOC 2028: : The Future of American Progressivism

Netanyahu Is Choosing to Starve Gaza For children who survive acute malnutrition, the resulting physical and cognitive damage can last a lifetime. ....... Those of us who have studied famines over many decades recognize the dreadful signs when social collapse is imminent — when the bonds that tie a community together are fraying and order is breaking down. It is a moment at which death rates grow exponentially and beyond which the fabric of society becomes far more difficult to repair. This disintegration portends chaos and conflict, delinquency and a fierce hopelessness that can breed fresh terrorism. Gaza appears to be passing into that zone now. .......... It is a calamity that was foreseeable, and foreseen. Starvation takes time; authorities cannot starve a population by accident. Since March of 2024, international bodies have repeatedly warned that Gaza is on the brink of famine. This week a U.N.-backed group issued yet another alert, saying, “The worst-case scenario of famine is playing out.” ............ Seasoned humanitarian-aid professionals can still bring Gaza back from the brink — if they’re given the chance. For months, Israel has restricted the flow of aid into Gaza ......... Food stockpiles were already desperately low in March, when Israel imposed a blockade on the enclave, citing unverified claims that Hamas had been systematically stealing food from the U.N. .......... When Israel partly eased restrictions in May, it began operating a new Israeli- and U.S.-backed aid distribution system run by a private group called the Gaza Humanitarian Foundation, largely displacing traditional aid agencies. This system has so thoroughly ignored conditions on the ground that it raises the question of whether Israel has been intentionally engineering starvation in the strip. ............ The aid provided by the G.H.F. is inadequate by several standards. The group’s ration boxes, according to nutritionists, are unbalanced and lack nutrients that are essential for starving populations, especially children. A malnourished child requires specialized food such as Plumpy’Nut, a peanut-based therapeutic formula — not pasta or lentils, which the G.H.F. offers instead. The most severely malnourished need intensive care in a hospital. To prepare food included in the ration boxes, people also often require fuel and clean water, both of which are in short supply in Gaza. .............. The group replaced the 400 or so aid distribution centers previously run by the U.N. and its affiliates with just four feeding stations that are far from where most people now live and are open only briefly and on short notice. ............ To get access to these ration sites, people had to linger in military zones, ready to rush in as soon as they opened. Crowds ended up funneled past Israeli military posts — and dozens have been killed on days when Israeli soldiers or private military contractors have opened fire or in the crush of a stampede. ........... The Israeli government claims this system is necessary to prevent aid from falling into the hands of Hamas. There are no verified cases of Hamas looting aid from convoys on a large scale. And in May, the U.N. developed a proposal that would have established safeguards on aid distribution, including the use of sealed trucks with QR-coded cargo, U.N. monitors at every crossing point, GPS-tracked trucks on pre-cleared routes and regular audits of aid recipients. ........... What we’re seeing today in Gaza — desperate people being robbed of food by gangsters and Hamas members, with rations being sold on the black market — is a predictable outcome of Israel’s own arrangement. When social order breaks down in a famine, the last to starve are those holding the guns. ............ There are other famines in the world that are comparable in intensity and horror. Mass starvation is unfolding in and around the Sudanese city of El Fasher, where the Sudanese Army and its allies are defending a siege and onslaught by the paramilitary Rapid Support Forces. Both sides are fighting a war of starvation, stealing food from civilians and blocking aid. If the warring parties were to agree to a cease-fire this instant, given the perilous roads and the underfunded aid operation, it would be weeks or months before sufficient succor could reach the starving. .......... If Prime Minister Benjamin Netanyahu of Israel decided tonight that every Palestinian child in Gaza should have breakfast tomorrow, it could undoubtedly be done. .......... Israel and the international community have a window of opportunity to deliver lifesaving aid to millions of people. We cannot wait until it’s time to count the graves of the children who have perished, declare it a famine — or indeed, a genocide — and say, simply, “Never again.”

Behind Trump and Vance Is This Man’s Movement You could imagine that guy going on to build a politics of tolerance, a politics to ensure other people don’t feel that way. And yet he goes on to build a politics all around othering. .......... Archived clip of Vance: We are effectively run in this country — via the Democrats, via our corporate oligarchs — by a bunch of childless cat ladies who are miserable at their own lives and the choices that they’ve made, and so they want to make the rest of the country miserable, too. ........... That’s the problem, Vance thinks: too much diversity. .......... and the modern left seems dedicated to doing this — to saying: You don’t belong in America unless you agree with progressive liberalism in 2025. I think the people whose ancestors fought in the Civil War have a hell of a lot more claim over America than the people who say they don’t belong. ......... But Vance is saying: No, that was wrong. What matters is not what you believe about America. It is how long your family has been in America. ............. There’s a reason so many, including Donald Trump, were so obsessed by the question of where Obama was born. Vance is not inventing the intellectual challenge here. ........... The view on the right is that this vision of patriotism and citizenship is acid for the bonds that hold a country together. Countries are about people, not ideas. They’re about a shared past, not an imagined future. ............ It sought to make a right that would reimagine belonging not around the ideals that won the Civil War but the people who fought it. .............

families join with other families into clans, and clans form with other clans into tribes, and tribes with other tribes into nations, and then there are families of nations

. .......... so a nation is a collection or a group of tribes that are bound together by mutual loyalty and that share certain characteristics. Usually it’s a language, often it’s a religion. In most cases, it’s a common history of joining together against common enemies. So that’s a nation. ........... There were nations in history before anybody had passports or flags. It’s a natural grouping of human beings. .............. There is more and more talk of civil war. There’s more and more talk, on both the left and right, saying that the others are not legitimate, that they need to be driven from the political landscape, driven from the country. .......... My argument is that children grow up giving honor to the things that their parents honor. And then they become teenagers and they rebel, so then they switch over to honoring what their aunt and uncle honor, or maybe the other tribe in the nation. But they almost never invent, out of whole cloth, a completely new set of things to be loyal to. ............. Syria and Iraq have been warring tribes suppressed by overwhelming might, usually by a minority that seizes power in order to defend itself forever. They were never nations before, and they’re not nations now. .............. What really worries me is that the United States is moving in the direction of becoming Syria or Iraq, a country in which only brute force will be able to hold it together. ............. although the 13 colonies were very different from one another, they were still pretty similar. It was 95 percent or something Anglo-Protestant. And even though there are many different kinds of Protestants, that was sufficient to be able to make the argument that it was one nation, as John Jay writes in The Federalist Papers. ............. If you look at any of the presidential debates televised in the ’60s or the ’70s or the ’80s, you’ll see exactly this. I’m sure Nixon and Kennedy must have detested each other, but you don’t see that in the debate. In the debate, it’s all about “my honorable opponent.” It’s not just politeness. ............... — but now you can’t get anywhere being a nice guy, because nobody is going to be a nice guy back to you. ........... And what’s happening now, which is a constant drumbeat, both on the Democratic side and on the Republican side, saying that elections have been stolen. That’s something that didn’t exist 20 years ago. ............ In every democratic country with which I’m familiar, from the United States to India, there is the consolidation of political parties in the last 15, 20 years that are explicitly committed, to one degree or another, to trying to break the particular nation away from and out of the unfolding global system. ......... From the perspective of all these different nationalist parties and movements that are sometimes quite different from one another but which share certain things in common, the first thing they share in common is that they look at supernational institutions — like the European Union or the World Trade Organization or the International Criminal Court — whose purpose is to try to take all the independent nations in the world and put them under a single rule of a single law. ........... The basic argument is: The independence of nations — their freedom to chart their own course — is extremely important to all of these nationalist movements, including the Trump movement and the Brexit movement and so on. .................... a time in which people are saying liberal internationalism has wonderful ideals, but it is destroying our nations and our societies. .......... there is a thing called woke, and most of them agree that it’s a strain of neo-Marxism. ......... First of all, Marxism is a view that — since Marx and before him — sees liberalism as kind of a big sham. It’s a big lie. As far as Marx is concerned, liberal society is based on a lie, because you convince everybody that it’s about freedom of exchange and freedom of expression, all the rest of that. But the truth is that society is built out of competing groups — he calls them classes, we can call them groups — and that the stronger always exploits the weaker. That’s an iron law, a bedrock assumption of Marx. ................ People like me used to be called conservatives. ............. a Republican Party that is less liberal — I completely agree with you. It is moving away from libertarianism, and it’s becoming more conservative and more nationalist. ............... Nick Fuentes, a young Holocaust revisionist, kind of Catholic, made himself famous on the web for his incessant attacks on Jews. And is he comfortable with the Trump administration? No, he is not comfortable with the Trump administration. ............... MAGA is a very broad alliance. I would say, roughly, it’s the alliance of different groups that came together to make it possible for Trump–Vance to win. But those are not all national or nationalist conservatives. ............. the border is: From the beginning, we have said we do not admit, we do not invite, people whose platforms are racialist. .......... “Blood and soil” is literally a Nazi term, meaning the Nazi flag is red and black because it’s blood and soil. The same is true of other quasi-Nazi parties in Europe, that they use those same colors. We are not interested in a nationalism of blood. ........... he is the country’s most prominent ideological national conservative. Trump is an intuitive national conservative, but Vance is more of an ideologist. .......... When Vance gave the NatCon speech, he said that the values of America are important but that Americanism is ultimately about a presence here on this soil — that it is more about being part of the tribe. ............... It’s literally a reaction to what is seen as, at this point, 60 years of abusive immigration, which has spun out of control and is threatening the cohesion. ............ I don’t want people to think it’s a mysterious word. “Cohesion” is just — first of all, it’s a John Stuart Mill word. Lots of liberals have used it in history — ........... Divorce within families is an indication of the weakness of the underlying cohesion. ......... New Hampshire and Massachusetts are part of the original colonies. In terms of having a continuous physical legacy of Anglo-Saxon Protestant Americans there, and just having a continuous connection to the American story, you can’t do much better than Massachusetts and New Hampshire. ................... The Trump administration is built on the idea — Stephen Miller is executing on the idea — that what they’re trying to do is save our national identity by doing some very violent and aggressive things to definitely make America less like California. Stephen Miller is from Santa Monica, and he did not like what Santa Monica was growing up. He was famous for that. ............... — my father is a Brazilian immigrant, my mother is a couple generations back from Eastern European Jews on both sides. I don’t think I am less American than people who can trace themselves back to the Mayflower. ............. The fact that it was a Christian country, that up until the 1930s the Supreme Court still referred to Americans as a Christian people, that it was legally a Christian country, that it was culturally run by Protestants — that didn’t prevent it from being, despite its many flaws, something that was really beautiful and superior to many other countries in the world. ............... the center — the central place of Anglo-Protestantism in America, with a strong Old Testament taste, the English language, the common law — I don’t expect everybody to be common lawyers, but I do expect people to say: Yes, the jury trial is not a universal dictate of reason. It’s an Anglo tradition, and it does what it does because the people here believe in this Anglo tradition — not all of them, but a core. So if you have that, then you can bring in lots of immigrants and you can get them to adopt those ways. ............... It feels like a lot of places that are highly nationalistic are not actually that stable. They become imperialistic. That’s a lot of Europe in the 20th century. The modern, more nationalistic right does not feel to me more tolerant and more interested in making sure the bonds between us are strengthened. ........................ California has less of that American center that you are describing, that Vice President Vance is describing, than New Hampshire does. It has less of that center than a bunch of older states. It’s more diverse. It’s more creedal in that way. And it’s a very successful polity. The people on the right can say what they want, but the reason we debate California is that it matters. It invents the future. It’s a remarkable place............ The success of places like Texas and California speaks to the value of openness and the ability to hold people together at incredible scale. ................ It seems like we’re looking at overwhelmingly the same set of facts, and we have different frameworks. That’s completely legitimate. ............ They are thinking: If you take aggressive actions to halt immigration and decrease the size of the illegal immigrant population; if you take aggressive actions to halt the hemorrhaging of American industry to other countries and reverse it through aggressive trade negotiations; if you take aggressive action to to withdraw primary American responsibility for security arrangements in Europe, the Middle East, South Asia, and put other people who are allies of ours in charge — those three things. ............... “The Demon in Democracy” by Ryszard Legutko. ........... Why is it that when Communism was dismantled in his country, Poland, many of the Communists became liberal internationalists? ............ Colby’s book answers the key question that the media keep asking: Is Trump an isolationist? Or is he an interventionist? Or is he a liberal internationalist? What is he? Is it just random compromises? .............. Josh Hammer, who’s a young Jewish NatCon, called “Israel and Civilization.”

The Last Age: Lord Kalki, Prophecy, and the Final War for Peace
The Protocol of Greatness (novel)
A Reorganized UN: Built From Ground Up
The Drum Report: Markets, Tariffs, and the Man in the Basement (novel)
World War III Is Unnecessary
Grounded Greatness: The Case For Smart Surface Transit In Future Cities
The Garden Of Last Debates (novel)
Deported (novel)
Empty Country (novel)
Trump’s Default: The Mist Of Empire (novel)

The 20% Growth Revolution: Nepal’s Path to Prosperity Through Kalkiism
Rethinking Trade: A Blueprint for a Just and Thriving Global Economy
The $500 Billion Pivot: How the India-US Alliance Can Reshape Global Trade
Trump’s Trade War
Peace For Taiwan Is Possible
Formula For Peace In Ukraine
A 2T Cut
Are We Frozen in Time?: Tech Progress, Social Stagnation
The Last Age of War, The First Age of Peace: Lord Kalki, Prophecies, and the Path to Global Redemption
AOC 2028: : The Future of American Progressivism

Donald Trump suffers double legal blow over migrant arrests within hours The Trump administration suffered two legal defeats on Friday when the 9th U.S. Circuit Court of Appeals sustained a court imposed ban on immigration enforcement being conducted on the basis of language or occupation. And a district judge banned the Department of Homeland Security from using a controversial tactic against those with immigration parole. ......... Courts have struck down punitive measures introduced by the president against legal firms involved in cases against him; removed sanctions targeted at International Criminal Court employees; and blocked a bid to strip thousands of Haitian migrants of legal protections. ......... On Friday, the 9th U.S. Circuit Court of Appeals ruled that a temporary restraining order preventing immigration enforcement agents from detaining people on the basis of their occupation or language was legally valid and can remain in force......... It said part of U.S. District Judge Maame Ewusi-Mensah Frimpong's order had been vague, but added that "defendants, however, are not likely to succeed on their remaining arguments." ........ Separately, Friday also saw U.S. District Judge Jia Cobb ban the Department of Homeland Security from using a controversial tactic against migrants who had been granted immigration parole, allowing them to live and work in the U.S. legally. ......... In a number of cases in recent months, the pending cases against such migrants were dismissed after which they were detained outside the courthouse and put through an expedited removal deportation process. ......... Cobb said that her decision will impact "hundreds of thousands" of migrants. It effectively overrules a Trump administration directive issued on January 23 instructing that "expedited removal," a swifter deportation process, should be used widely. .............. Los Angeles Mayor Karen Bass welcomed Friday's appeals court ruling, saying: "Today is a victory for the rule of law and for the City of Los Angeles. ............. "The Temporary Restraining Order that has been protecting our communities from immigration agents using racial profiling and other illegal tactics when conducting their cruel and aggressive enforcement raids and sweeps will remain in place for now." .......... Referring to migrants granted immigration parole in her judgment, Judge Cobb said: "In a world of bad options, they played by the rules. Now, the Government has not only closed off those pathways for new arrivals but changed the game for parolees already here." ........... Speaking to Politico, Department of Homeland Security spokesperson Tricia McLaughlin said: "Judge Cobb is flagrantly ignoring the United States Supreme Court which upheld expedited removals of illegal immigrants by a 7-2 majority. This ruling is lawless and won't stand." ............. District Judge Frimpong's restraining order only temporarily restricted the use of employment and language as the sole factor in detaining suspected illegal migrants, and the full case has yet to be heard......... The Trump administration could seek to escalate either case all the way to the Supreme Court, which has a conservative-leaning majority.

‘Grow up’: Republican Senators slam Trump for firing labor statistics chief over weak jobs report

The Last Age: Lord Kalki, Prophecy, and the Final War for Peace
The Protocol of Greatness (novel)
A Reorganized UN: Built From Ground Up
The Drum Report: Markets, Tariffs, and the Man in the Basement (novel)
World War III Is Unnecessary
Grounded Greatness: The Case For Smart Surface Transit In Future Cities
The Garden Of Last Debates (novel)
Deported (novel)
Empty Country (novel)
Trump’s Default: The Mist Of Empire (novel)

The 20% Growth Revolution: Nepal’s Path to Prosperity Through Kalkiism
Rethinking Trade: A Blueprint for a Just and Thriving Global Economy
The $500 Billion Pivot: How the India-US Alliance Can Reshape Global Trade
Trump’s Trade War
Peace For Taiwan Is Possible
Formula For Peace In Ukraine
A 2T Cut
Are We Frozen in Time?: Tech Progress, Social Stagnation
The Last Age of War, The First Age of Peace: Lord Kalki, Prophecies, and the Path to Global Redemption
AOC 2028: : The Future of American Progressivism

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Friday, August 01, 2025

1: Trump

The Last Age: Lord Kalki, Prophecy, and the Final War for Peace
The Protocol of Greatness (novel)
A Reorganized UN: Built From Ground Up
The Drum Report: Markets, Tariffs, and the Man in the Basement (novel)
World War III Is Unnecessary
Grounded Greatness: The Case For Smart Surface Transit In Future Cities
The Garden Of Last Debates (novel)
Deported (novel)
Empty Country (novel)
Trump’s Default: The Mist Of Empire (novel)

The 20% Growth Revolution: Nepal’s Path to Prosperity Through Kalkiism
Rethinking Trade: A Blueprint for a Just and Thriving Global Economy
The $500 Billion Pivot: How the India-US Alliance Can Reshape Global Trade
Trump’s Trade War
Peace For Taiwan Is Possible
Formula For Peace In Ukraine
A 2T Cut
Are We Frozen in Time?: Tech Progress, Social Stagnation
The Last Age of War, The First Age of Peace: Lord Kalki, Prophecies, and the Path to Global Redemption
AOC 2028: : The Future of American Progressivism

The Last Age: Lord Kalki, Prophecy, and the Final War for Peace
The Protocol of Greatness (novel)
A Reorganized UN: Built From Ground Up
The Drum Report: Markets, Tariffs, and the Man in the Basement (novel)
World War III Is Unnecessary
Grounded Greatness: The Case For Smart Surface Transit In Future Cities
The Garden Of Last Debates (novel)
Deported (novel)
Empty Country (novel)
Trump’s Default: The Mist Of Empire (novel)

The 20% Growth Revolution: Nepal’s Path to Prosperity Through Kalkiism
Rethinking Trade: A Blueprint for a Just and Thriving Global Economy
The $500 Billion Pivot: How the India-US Alliance Can Reshape Global Trade
Trump’s Trade War
Peace For Taiwan Is Possible
Formula For Peace In Ukraine
A 2T Cut
Are We Frozen in Time?: Tech Progress, Social Stagnation
The Last Age of War, The First Age of Peace: Lord Kalki, Prophecies, and the Path to Global Redemption
AOC 2028: : The Future of American Progressivism

The Last Age: Lord Kalki, Prophecy, and the Final War for Peace
The Protocol of Greatness (novel)
A Reorganized UN: Built From Ground Up
The Drum Report: Markets, Tariffs, and the Man in the Basement (novel)
World War III Is Unnecessary
Grounded Greatness: The Case For Smart Surface Transit In Future Cities
The Garden Of Last Debates (novel)
Deported (novel)
Empty Country (novel)
Trump’s Default: The Mist Of Empire (novel)

The 20% Growth Revolution: Nepal’s Path to Prosperity Through Kalkiism
Rethinking Trade: A Blueprint for a Just and Thriving Global Economy
The $500 Billion Pivot: How the India-US Alliance Can Reshape Global Trade
Trump’s Trade War
Peace For Taiwan Is Possible
Formula For Peace In Ukraine
A 2T Cut
Are We Frozen in Time?: Tech Progress, Social Stagnation
The Last Age of War, The First Age of Peace: Lord Kalki, Prophecies, and the Path to Global Redemption
AOC 2028: : The Future of American Progressivism

The Last Age: Lord Kalki, Prophecy, and the Final War for Peace
The Protocol of Greatness (novel)
A Reorganized UN: Built From Ground Up
The Drum Report: Markets, Tariffs, and the Man in the Basement (novel)
World War III Is Unnecessary
Grounded Greatness: The Case For Smart Surface Transit In Future Cities
The Garden Of Last Debates (novel)
Deported (novel)
Empty Country (novel)
Trump’s Default: The Mist Of Empire (novel)

The 20% Growth Revolution: Nepal’s Path to Prosperity Through Kalkiism
Rethinking Trade: A Blueprint for a Just and Thriving Global Economy
The $500 Billion Pivot: How the India-US Alliance Can Reshape Global Trade
Trump’s Trade War
Peace For Taiwan Is Possible
Formula For Peace In Ukraine
A 2T Cut
Are We Frozen in Time?: Tech Progress, Social Stagnation
The Last Age of War, The First Age of Peace: Lord Kalki, Prophecies, and the Path to Global Redemption
AOC 2028: : The Future of American Progressivism

The Last Age: Lord Kalki, Prophecy, and the Final War for Peace
The Protocol of Greatness (novel)
A Reorganized UN: Built From Ground Up
The Drum Report: Markets, Tariffs, and the Man in the Basement (novel)
World War III Is Unnecessary
Grounded Greatness: The Case For Smart Surface Transit In Future Cities
The Garden Of Last Debates (novel)
Deported (novel)
Empty Country (novel)
Trump’s Default: The Mist Of Empire (novel)

The 20% Growth Revolution: Nepal’s Path to Prosperity Through Kalkiism
Rethinking Trade: A Blueprint for a Just and Thriving Global Economy
The $500 Billion Pivot: How the India-US Alliance Can Reshape Global Trade
Trump’s Trade War
Peace For Taiwan Is Possible
Formula For Peace In Ukraine
A 2T Cut
Are We Frozen in Time?: Tech Progress, Social Stagnation
The Last Age of War, The First Age of Peace: Lord Kalki, Prophecies, and the Path to Global Redemption
AOC 2028: : The Future of American Progressivism

The Last Age: Lord Kalki, Prophecy, and the Final War for Peace
The Protocol of Greatness (novel)
A Reorganized UN: Built From Ground Up
The Drum Report: Markets, Tariffs, and the Man in the Basement (novel)
World War III Is Unnecessary
Grounded Greatness: The Case For Smart Surface Transit In Future Cities
The Garden Of Last Debates (novel)
Deported (novel)
Empty Country (novel)
Trump’s Default: The Mist Of Empire (novel)

The 20% Growth Revolution: Nepal’s Path to Prosperity Through Kalkiism
Rethinking Trade: A Blueprint for a Just and Thriving Global Economy
The $500 Billion Pivot: How the India-US Alliance Can Reshape Global Trade
Trump’s Trade War
Peace For Taiwan Is Possible
Formula For Peace In Ukraine
A 2T Cut
Are We Frozen in Time?: Tech Progress, Social Stagnation
The Last Age of War, The First Age of Peace: Lord Kalki, Prophecies, and the Path to Global Redemption
AOC 2028: : The Future of American Progressivism

The Last Age: Lord Kalki, Prophecy, and the Final War for Peace
The Protocol of Greatness (novel)
A Reorganized UN: Built From Ground Up
The Drum Report: Markets, Tariffs, and the Man in the Basement (novel)
World War III Is Unnecessary
Grounded Greatness: The Case For Smart Surface Transit In Future Cities
The Garden Of Last Debates (novel)
Deported (novel)
Empty Country (novel)
Trump’s Default: The Mist Of Empire (novel)

The 20% Growth Revolution: Nepal’s Path to Prosperity Through Kalkiism
Rethinking Trade: A Blueprint for a Just and Thriving Global Economy
The $500 Billion Pivot: How the India-US Alliance Can Reshape Global Trade
Trump’s Trade War
Peace For Taiwan Is Possible
Formula For Peace In Ukraine
A 2T Cut
Are We Frozen in Time?: Tech Progress, Social Stagnation
The Last Age of War, The First Age of Peace: Lord Kalki, Prophecies, and the Path to Global Redemption
AOC 2028: : The Future of American Progressivism

The Last Age: Lord Kalki, Prophecy, and the Final War for Peace
The Protocol of Greatness (novel)
A Reorganized UN: Built From Ground Up
The Drum Report: Markets, Tariffs, and the Man in the Basement (novel)
World War III Is Unnecessary
Grounded Greatness: The Case For Smart Surface Transit In Future Cities
The Garden Of Last Debates (novel)
Deported (novel)
Empty Country (novel)
Trump’s Default: The Mist Of Empire (novel)

The 20% Growth Revolution: Nepal’s Path to Prosperity Through Kalkiism
Rethinking Trade: A Blueprint for a Just and Thriving Global Economy
The $500 Billion Pivot: How the India-US Alliance Can Reshape Global Trade
Trump’s Trade War
Peace For Taiwan Is Possible
Formula For Peace In Ukraine
A 2T Cut
Are We Frozen in Time?: Tech Progress, Social Stagnation
The Last Age of War, The First Age of Peace: Lord Kalki, Prophecies, and the Path to Global Redemption
AOC 2028: : The Future of American Progressivism

The Last Age: Lord Kalki, Prophecy, and the Final War for Peace
The Protocol of Greatness (novel)
A Reorganized UN: Built From Ground Up
The Drum Report: Markets, Tariffs, and the Man in the Basement (novel)
World War III Is Unnecessary
Grounded Greatness: The Case For Smart Surface Transit In Future Cities
The Garden Of Last Debates (novel)
Deported (novel)
Empty Country (novel)
Trump’s Default: The Mist Of Empire (novel)

The 20% Growth Revolution: Nepal’s Path to Prosperity Through Kalkiism
Rethinking Trade: A Blueprint for a Just and Thriving Global Economy
The $500 Billion Pivot: How the India-US Alliance Can Reshape Global Trade
Trump’s Trade War
Peace For Taiwan Is Possible
Formula For Peace In Ukraine
A 2T Cut
Are We Frozen in Time?: Tech Progress, Social Stagnation
The Last Age of War, The First Age of Peace: Lord Kalki, Prophecies, and the Path to Global Redemption
AOC 2028: : The Future of American Progressivism

The Last Age: Lord Kalki, Prophecy, and the Final War for Peace
The Protocol of Greatness (novel)
A Reorganized UN: Built From Ground Up
The Drum Report: Markets, Tariffs, and the Man in the Basement (novel)
World War III Is Unnecessary
Grounded Greatness: The Case For Smart Surface Transit In Future Cities
The Garden Of Last Debates (novel)
Deported (novel)
Empty Country (novel)
Trump’s Default: The Mist Of Empire (novel)

The 20% Growth Revolution: Nepal’s Path to Prosperity Through Kalkiism
Rethinking Trade: A Blueprint for a Just and Thriving Global Economy
The $500 Billion Pivot: How the India-US Alliance Can Reshape Global Trade
Trump’s Trade War
Peace For Taiwan Is Possible
Formula For Peace In Ukraine
A 2T Cut
Are We Frozen in Time?: Tech Progress, Social Stagnation
The Last Age of War, The First Age of Peace: Lord Kalki, Prophecies, and the Path to Global Redemption
AOC 2028: : The Future of American Progressivism

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1: Trade

Schumer on weak jobs report: ‘Chickens are coming home to roost’ on trade war
The Effects of Trump's Trade Policy Won't Be Undone U.S. President Donald Trump signed a series of executive orders late yesterday setting an updated schedule of sweeping tariffs, most of which will take effect Aug. 7. The new rates reflect a series of preliminary trade agreements reached in recent months with major U.S. trading partners, while dozens of other countries were hit with levies ranging from 15 to 40 percent. The orders also confirmed a baseline 10 percent tariff for the dozens of countries not hit with higher rates. ........ And the fact that the tariffs announced yesterday won't go into effect for another five days means that there is still the chance that Trump will once again modify or reverse course. ............ The long-term truce between the U.S. and China while they continue to negotiate has also taken the worst-case scenario of a trade war between the world's top two economies off the table for now. And while the framework trade deals that have been announced are vague, they at least provide some predictability for U.S. trade relationships with many of the world's largest economies. ..........

the global economy is just now reaching a point at which Trump's trade policy will begin to have significant impact

.......... all of this will put more pressure on the U.S. dollar, which has already been weakened this year by Trump's tariff policy, his threatening of the Federal Reserve Board's independence .......... Considering how dollar-dependent the global financial architecture remains, the dollar's weakening will create even more risk and uncertainty for the global economy in the months and years ahead. ........ the damage that has been done just six months into his second term to U.S. institutions and the rule of law suggests that the U.S. is in for a long, painful and difficult political reckoning for years to come, at a time when its domestic politics have become polarized, paralyzed and dysfunctional. ......... Trump struck trade deals with the European Union and Japan to impose a 15 percent tariff on both trading partners. He also announced a deal with South Korea on Wednesday, imposing a 15 percent tariff on goods from there as well. ................. The White House has eagerly touted Trump’s dealmaking spree while laughing off the dire predictions from economists, who are bracing for a much bigger hit from new import taxes..... “What we are watching is President Trump rebuilding the greatest economy in the history of the world and simultaneously proving the so-called economic experts wrong at every turn,” White House press secretary Karoline Leavitt said.

The Effects of Trump's Trade Policy Won't Be Undone U.S. President Donald Trump signed a series of executive orders late yesterday setting an updated schedule of sweeping tariffs, most of which will take effect Aug. 7. The new rates reflect a series of preliminary trade agreements reached in recent months with major U.S. trading partners, while dozens of other countries were hit with levies ranging from 15 to 40 percent. The orders also confirmed a baseline 10 percent tariff for the dozens of countries not hit with higher rates. ........ And the fact that the tariffs announced yesterday won't go into effect for another five days means that there is still the chance that Trump will once again modify or reverse course. ............ The long-term truce between the U.S. and China while they continue to negotiate has also taken the worst-case scenario of a trade war between the world's top two economies off the table for now. And while the framework trade deals that have been announced are vague, they at least provide some predictability for U.S. trade relationships with many of the world's largest economies. ..........

the global economy is just now reaching a point at which Trump's trade policy will begin to have significant impact

.......... all of this will put more pressure on the U.S. dollar, which has already been weakened this year by Trump's tariff policy, his threatening of the Federal Reserve Board's independence .......... Considering how dollar-dependent the global financial architecture remains, the dollar's weakening will create even more risk and uncertainty for the global economy in the months and years ahead. ........ the damage that has been done just six months into his second term to U.S. institutions and the rule of law suggests that the U.S. is in for a long, painful and difficult political reckoning for years to come, at a time when its domestic politics have become polarized, paralyzed and dysfunctional. ......... Trump struck trade deals with the European Union and Japan to impose a 15 percent tariff on both trading partners. He also announced a deal with South Korea on Wednesday, imposing a 15 percent tariff on goods from there as well. ................. The White House has eagerly touted Trump’s dealmaking spree while laughing off the dire predictions from economists, who are bracing for a much bigger hit from new import taxes..... “What we are watching is President Trump rebuilding the greatest economy in the history of the world and simultaneously proving the so-called economic experts wrong at every turn,” White House press secretary Karoline Leavitt said. .........

The majority of surveyed Americans also said Trump’s tariffs will increase prices, with only 7 percent of those surveyed saying they will have no effect.

........ The impact on prices will be seen before the end of the year, once the tariffs hit companies and they pass them along to consumers .......... to date, we’re actually seeing businesses pulling back because of the uncertainty ....... Trump also declared on Wednesday, after months of administration officials claiming a deal was imminent, that he would impose a 25 percent tariff on India and slap on a penalty for buying military equipment and energy from Russia amid the war in Ukraine.

Trump moves nuclear submarines in response to Russia's 'highly provocative' statement "I want to be generous, but we just don't see any progress being made," Trump said. "I'm not so interested in talking anymore." ....... "Trump's playing the ultimatum game with Russia: 50 days or 10… He should remember 2 things: 1. Russia isn't Israel or even Iran. 2. Each new ultimatum is a threat and a step towards war. Not between Russia and Ukraine, but with his own country. Don't go down the Sleepy Joe road!" Medvedev posted on X earlier this week.

‘These are dark days,’ Biden warns in blistering speech about Trump

Iran’s New Ultimatum to the U.S. Could Spark Another War In a stunning new demand, Iran has declared it will only return to nuclear negotiations if the United States first provides compensation for the damage caused by recent U.S. and Israeli airstrikes on its nuclear facilities. ...... Araghchi echoed recent claims by Iranian officials that the door to diplomacy with Washington remains open, but drew a harder line this time, laying out its own conditions for nuclear talks. ....... “They should explain why they attacked us in the middle of…negotiations, and they have to ensure that they are not going to repeat that (during future talks),” Araghchi told The Financial Times. ........ The Natanz fuel enrichment plant was first revealed to the IAEA in 2002, with enrichment operations beginning around 2010. The Fordow plant was unveiled in 2009, with construction believed to have begun sometime between 2006 and 2007. ....... Araghchi has been in regular contact with U.S. special envoy Steve Witkoff, exchanging messages in the weeks since the 12-day war came to an end. ........ discussions so far have produced no new agreement, and the clock is ticking as the end-of-August deadline for agreeing to a new nuclear deal approaches. ........ Failure to meet the deadline, Rubio said, would mean Britain, Germany, France, and the U.S. triggering a “snapback” mechanism under the 2015 Joint Comprehensive Plan of Action deal, reimplementing sweeping sanctions against Iran.

De-Dollarization Is Inevitable. The World Isn’t Prepared In late May, yields on U.S. Treasury bonds jumped to their highest level since 2023, after the House of Representatives passed sweeping tax cuts as part of President Donald Trump’s proposed budget. The higher effective interest rate on U.S. government borrowing reflected investors’ concerns over the fiscal impact of the bill, which if passed by the Senate and signed into law would add $3.8 trillion to the federal debt—currently at $36.2 trillion—over the coming decade, according to estimates by the Congressional Budget Office. ....... The convulsions in the U.S. bond market represent more than a momentary financial hiccup. They signal the early tremors of what JPMorgan’s Jamie Dimon called an impending “crack in the bond market” that could set off a potentially catastrophic realignment in the global economic order. As yields on long-term U.S. government debt surge past 5 percent, the international community is beginning to face the uncomfortable reality that the world’s hegemon is galloping toward a sovereign debt crisis with no clear resolution in sight. ............. Unlike previous sovereign debt crises that afflicted peripheral economies or even major European nations, however, the emerging U.S. fiscal crisis threatens the very foundation of the post-Bretton Woods international monetary system. Hanging in the balance are the dollar’s role as the global reserve currency, the Treasury market’s function as the world’s safe haven and the United States’ capacity to serve as the consumer of last resort. The implications extend to every central bank, sovereign wealth fund and international institution that has built its foundations on the assumption of U.S. fiscal stability. .............. The international ramifications of a U.S. fiscal crisis would dwarf any financial contagion witnessed in modern history. U.S. Treasury bonds serve multiple critical functions in the global financial system. They are the primary reserve asset for central banks, the preferred collateral for international transactions and the benchmark “risk-free” rate against which all other assets are priced. Approximately $9 trillion in Treasuries are held by foreign governments and investors, with almost a third of that sum being held by just three countries—Japan, the U.K. and China—alone. .......... A sustained loss of confidence in U.S. fiscal management would trigger a cascade of consequences. Should the price of Treasuries, which moves inversely to yields, fall precipitously, central banks around the world would face massive paper losses on their reserve holdings, potentially destabilizing their own currencies. The global banking system, which relies on Treasuries as high-quality collateral, would experience a severe liquidity crunch. Emerging markets, whose debt is often priced at a premium over U.S. Treasuries, would see borrowing costs skyrocket regardless of their own fiscal prudence. ............

The most troubling aspect of the United States’ fiscal trajectory is the apparent inability of its political system to correct course.

.................... The geopolitical implications are equally profound. A fiscally weakened United States would struggle to maintain its global military commitments, creating power vacuums that rival powers would eagerly fill. The dollar’s weaponization through sanctions—a key tool of U.S. foreign policy—would lose its potency, as countries accelerate efforts to build alternative payment systems. Already, China’s experiments with “digital yuan” cross-border settlements and expansion of bilateral currency swap agreements signal a world preparing for reduced dollar dependence. ............... Predictions of the dollar’s demise have circulated for decades, from the 1970s stagflation crisis through the 2008 global financial crisis. Each time, the dollar emerged stronger, benefiting from what Barry Eichengreen called its “exorbitant privilege”—the U.S. government’s ability to borrow in its own currency at preferential rates while other nations hold dollars as reserves. Critics sounding alarm bells about U.S. fiscal profligacy have consistently been proven wrong. So why should anyone believe this time is different? ............. When earlier predictions of dollar decline were made, U.S. debt-to-GDP ratios were a fraction of today’s levels—under 40 percent in the 1970s and around 65 percent before the 2008 crisis. Currently, that figure sits at 121 percent, or double the 60 percent benchmark widely considered to be fiscally sustainable. .................... More critically, in these earlier periods, the U.S. political system was still capable of bipartisan compromise on fiscal matters. The Social Security reform passed in 1983 and budget agreements negotiated in the 1990s demonstrated that U.S. democracy could still make hard choices when necessary. ............ Today’s political landscape offers no such hope. The hyper-partisanship that has paralyzed Washington shows no signs of abating. Primary systems that punish fiscal moderation and reward fiscal profligacy have created political incentives that virtually guarantee continued deterioration. Meanwhile, technological alternatives to the dollar system that didn’t exist during previous crises are rapidly maturing, from China’s digital yuan trials with trading partners to sophisticated currency swap networks.

Countries seeking to insulate themselves from U.S. financial sanctions are actively building the infrastructure for a post-dollar world.

................... Japan carries a staggering 250 percent debt-to-GDP ratio and is beginning to buckle under the pressure of its crushing debt. European nations, already struggling with high debt levels, now confront the need for dramatic increases in defense spending as U.S. security guarantees become unreliable. Meeting NATO’s target of 2 percent of GDP dedicated to defense spending would require European members to find tens of billions of additional euros annually, at a time when many are already running significant deficits. Worse still, the alliance is now close to agreeing to the Trump administration’s demand that it raise the defense spending target to 5 percent of GDP. Even China is grappling with a local government debt crisis and a property sector meltdown that threatens its financial stability. When everyone is fiscally stretched, the coordination needed to manage a crisis becomes nearly impossible. ........... The feedback loop now threatening to take hold follows a familiar pattern from previous sovereign debt crises elsewhere in the world, albeit at an unprecedented scale. As markets lose confidence in a country’s fiscal sustainability, they demand higher yields to compensate for the greater risk they are taking in buying sovereign debt. These higher borrowing costs worsen the nation’s fiscal position, further eroding investor confidence and driving yields higher still.

In emerging markets, this spiral typically ends with intervention by the International Monetary Fund and painful structural adjustment. For the world’s largest economy and reserve currency issuer, no such external stabilizer exists.

......................... The Social Security pension program’s trust fund will run dry in 2033, after which benefit cuts of approximately 20 percent—considered the “third rail” of U.S. politics—automatically kick in. The Medicare low-income health insurance program confronts similar pressures three years thereafter, in 2036. Added to this is the fact that, when these crises hit, the U.S. can expect to be spending around $2 trillion annually on interest payments alone at current projections. .............. the U.S. now relies on immigration as the primary driver of population growth. However,

amid U.S. political dysfunction, societal polarization and the Trump administration’s overtly xenophobic policies, the country is likely to be increasingly unattractive to potential immigrants, meaning it will be severing this demographic lifeline just when it’s needed most. Should immigration continue to decline, the entitlement math becomes even more catastrophic.

................... While the entitlement crises of 2033-2036 represent structural breaking points, several near-term developments could trigger a crisis much sooner. As evidenced by last month’s tremors, the Treasury market is already showing signs of stress. Weak auctions, in which demand barely covers the debt on offer and yields spike to attract sufficient buyers, have become more frequent. The return of “bond vigilantes,” who sell off their Treasury holdings to register their disapproval of U.S. fiscal policy, could begin forcing yields sharply higher, requiring primary dealers—banks and securities brokers that buy Treasuries directly from the Fed to sell on to individual investors—to absorb an unusually large share. ............ The psychological threshold of 5 percent yields on 10-year Treasuries has already been breached multiple times. Should yields settle above 6 percent—a level last seen in the runup to the 2008 financial crisis—the feedback loop between higher borrowing costs and deteriorating fiscal metrics could quickly become self-reinforcing. ................... Standard & Poor’s already downgraded U.S. debt from its AAA rating back in 2011, with Fitch following suit in 2023. Moody’s completed the trifecta last month, stripping the U.S. of its last AAA rating. With all three major agencies now rating U.S. debt below perfect, forced selling by institutions mandated to own only AAA-rated securities, such as pension funds and public employee unions, has already begun. ...........

U.S. sovereign risk is now comparable to countries with BBB+ ratings like Italy and Greece

, a striking disconnect from official ratings that reveals how markets truly assess U.S. fiscal sustainability. ................ The most troubling aspect of the United States’ fiscal trajectory is the apparent inability of its political system to correct course. Any serious fiscal consolidation would require both significant tax increases and entitlement reform, a combination that has become politically radioactive. The last serious attempt at such a fiscal grand bargain came in 2011, during the administration of then-President Barack Obama, and it failed. Since then, both parties have retreated to their respective corners, with Republicans refusing to countenance tax increases and Democrats protecting entitlement programs from any meaningful reform. ............ The world’s economic architecture remains anchored to a hegemon that lacks the political capacity for fiscal self-correction. This recognition should prompt urgent consideration of how to manage an orderly transition away from dollar dependence rather than awaiting an inevitable and chaotic collapse. .............. In the face of these daunting fiscal realities, many market participants cling to scenarios that might avert catastrophe. Chief among these is the hope for a tech-driven productivity boom that could generate enough growth to outrun the debt spiral. Yet even if artificial intelligence, or AI, delivers on its most optimistic promises, the timeline for such transformation extends well beyond the 2033-2036 entitlement crisis window. .......... More troublingly, mounting evidence suggests the AI revolution may itself be a bubble. And even if it does eventually pay dividends, the historical precedents of previous “frontier” technologies—like railroads, automobiles and the dotcom bubble—suggest there will be massive over-investment, with only a few firms surviving into the mature phase of adoption. Should the current AI investment mania collapse, taking trillions of dollars in market capitalization with it, the fiscal crisis would accelerate dramatically just when the economy could least afford another shock............ the notion that the Federal Reserve could simply monetize the debt through unlimited money-printing ignores both the inflationary consequences of doing so and the damage it would do to the dollar’s reserve status. The Bank of Japan’s decades-long experiment with monetary expansion has only been possible because of Japan’s unique economic characteristics—high domestic savings, persistent deflation and current account surpluses—none of which apply to the United States. ............

The choice facing the international community is not whether to end the dollar’s privileged position but whether that end comes through careful preparation or catastrophic crisis.

.............. the pound sterling’s decline from premier reserve currency status took several decades and was managed without systemic collapse. However, that transition benefited from an obvious successor currency in the dollar and a cooperative relationship between the U.K. and U.S. as the declining and rising powers, respectively. Today’s interconnected financial system, the scale of dollar dependence and the absence of a clear alternative all suggest we may not have the luxury of such a gradual, orderly transition. ............. The challenges to de-dollarization remain formidable. Network effects make the dollar’s dominance self-reinforcing—everyone uses dollars because everyone else uses dollars. No alternative currency matches the depth and liquidity of U.S. Treasury markets. The euro suffers from structural flaws exposed during the sovereign debt crisis of the 2010s. The yuan remains hobbled by capital controls and political risk. Yet these very challenges make preparation more urgent, not less. .................. The IMF’s Special Drawing Rights—based on a basket of currencies and used as a unit of account and settlement among its member states—never achieved critical mass since their introduction in 1969, because they offered no advantages over dollars for most transactions. Regional payment systems like the Asian Clearing Union remained marginal because they couldn’t match the dollar’s convenience and acceptability. But multiple factors suggest the next attempts might succeed where others failed. .................. digital currency technology enables instantaneous, low-cost multicurrency transactions that weren’t possible in previous eras. Central bank digital currencies, or CBDCs, could enable efficient settlement systems that reduce reliance on dollar intermediation. China’s digital yuan trials demonstrate the potential for technology to accelerate monetary transformation, particularly as countries seek to insulate themselves from U.S. financial sanctions. A basket-based digital settlement system, perhaps administered by the IMF or a new international institution, could provide stability while reducing single-currency dependence. ........... the sheer scale of countries now seeking alternatives to the dollar creates momentum that didn’t exist before. The BRICS nations, representing 40 percent of the world’s population and over a third of global GDP, are actively developing alternative payment mechanisms. Their New Development Bank, while still small, provides a template for non-dollar development finance. As more countries join these initiatives, network effects could begin working against the dollar rather than for it. ............... the private sector is increasingly hedging against dollar risk. Major commodity traders are experimenting with yuan-denominated contracts. Corporate treasurers are developing multi-currency cash-management systems. All these micro-level adaptations could help accelerate macro-level change when crisis hits by providing a number of alternatives to the status quo. ............ For U.S. allies, this transition presents acute dilemmas. Countries like Japan, South Korea and the European NATO members must balance their security dependence on Washington with the need to protect their economic interests from U.S. fiscal instability. This may require uncomfortable conversations about burden-sharing and the development of regional security arrangements that could fill the vacuum left behind as the U.S. military’s capacity diminishes. With the Trump administration already undermining confidence in Washington’s security commitments, this task becomes all the more urgent. ............. The warning signs of U.S. fiscal instability are multiplying, from debt-ratings downgrades to surging yields on Treasuries. Yet the global financial architecture remains as dollar-dependent as ever, creating a dangerous mismatch between emerging risks and institutional preparedness. ........ Policymakers worldwide must begin not just planning for a post-dollar monetary order but actively constructing one. This doesn’t require abandoning the dollar immediately or indulging in wishful thinking about its demise. Rather, it demands pragmatic preparation for a transition that appears increasingly inevitable. Central banks, which are diversifying their reserves into gold at the fastest pace in decades, should do so even more aggressively. Financial institutions should stress-test for dollar disruption scenarios. International bodies should accelerate work on alternative payment and settlement mechanisms. .......... This transition need not be disorderly. With sufficient foresight and cooperation, the world could evolve toward a more balanced, multipolar monetary system that actually enhances stability. But this requires acknowledging that the current trajectory is unsustainable and that waiting for U.S. political dysfunction to self-correct is a recipe for disaster. ............. The question now is whether the international community will act on this recognition or continue moving toward a preventable catastrophe. The bond market is already beginning to vote with its feet. The rest of the world would be wise to follow suit—not in panic, but in prudent preparation for a new monetary order. .............. Nicholas Creel is an associate professor of business law and ethics at Georgia College & State University.

Putin Passes New Law That Even His Own Circle Is Alarmed About Russian President Vladimir Putin has signed a law that penalizes individuals for searching online content deemed “extremist” by the state. .......... The move has sparked concern, even among typically loyal Kremlin supporters, for its sweeping implications........ With vague definitions and harsh penalties, the law marks a deepening of Russia’s authoritarian grip.

Donald Trump Just Delivered The Worst Three Months Of Job Growth Since The Pandemic

Stock markets fall as Donald Trump imposes new tariffs on more than 90 countries
Donald Trump fires person behind jobs numbers after they're revised down

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