Will North Korea Explode After Biden Becomes President? This is what was forecast in a column in the Washington Post by Victor Cha. He sees a combination of economic collapse, a massive spread of Covid-19, and a standard desire when a new US president to enter the office to be behind a possible outbreak of […]
An Appointment I Disapprove Of While many of them could be more progressive, given that Biden himself is largely a moderate making moderate nods to the progressive wing of the Democratic Party in his appointments, I have largely been not too dissatisfied with appointments made so far by President-Elect Biden. My only surprise is that […]
The End Of The Embargo Against Qatar Yesterday Saudi Arabia announced that it is ending the embargo/boycott of Qatar, and though reportedly the UAE leadership is not entirely happy with this, they are going along with this as are the other nations involved in this, Bahrain and Egypt. This had begun in June 2017, reportedly […]
Who Has Been Warring Against Christmas? Where I am the Third Day of Christmas is just finishing with the news that Grinch Trump has ended his own brief War on Christmas and is signing the Covid-19 relief bill, thereby reinstating unemployment benefits for 14 million people although they’ll miss a week of payments, as well […]
Trump As The Grinch Who Stole Christmas So the Congress struggled for months after the House passed a $3.3 trillion followup Covid relief bill, which Senate Majority Leader McConnell blocked and kept blocking. House Speaker Pelosi and Treasury Secretary Mnuchin kept negotiating and coming up with this or that proposal, only to mostly have McConnell […]
Bubble Bubble Toil And Trouble? Or maybe not. So recently there has been a lot of buzz that we may be seeing a variety of speculative bubbles in the US and indeed world economy. Many asset markets have risen in the last few months, with several of them either reaching new highs or getting close […]
Why Did AMLO Wait So Long To Recognize Biden Victory? I do not know, but it is on the surface at least surprising. AMLO is the nickname of Andres Manuel Lopez Obrador, the President of Mexico since Dec. 1, 2018. Only yesterday, along with Mitch McConnell, President Putin of Russia and President Bolsonaro of Brazil, […]
The Fiscal Stimulus Gridlock The best can be said about a possible fiscal stimulus in the face of a renewed Covid-19 surge that is dragging the economy down as many areas shut down in various degrees is that at least a few hours ago the US Senate approved a one week continuing budget resolution to […]
Constructing An Alternative Reality This has been gradually developing for about the last quarter of a century or so. While there was some of this going on before, it took off after the Newt Gingrich-led GOP took over Congress in the 94 election and Rush Limbaugh began his radio show. Not long after Fox News […]
Yellen And Akerlof Or Akerlof and Yellen? I have already posted about the nomination of Janet Yellen to be Treasury Secretary, a historic first and most duly deserved. She is great and totally appropriate, and I have already bloviated at length on that. I am now going to discuss a more obscure and odd matter, […]