“The only function of economic forecasting is to make astrology look respectable”. ~John Kenneth Galbraith

Jonathan Last has a fairly detailed piece (with links to more details) concerning something called mBridge, which looks to be China’s ‘camel’s nose under the tent’ for dethroning the dollar as the world’s reserve currency. Read the whole thing. Here are some highlights: Currently, most of the world uses the Society for Worldwide Interbank Financial […]

“The best way to see this is that none of the further negotiation parts of this deal are going to happen. Those provide each side, but especially the U.S. with a figleaf to sell their respective publics. This is really just an agreement to stop. The U.S. will have achieved none of its strategic objectives […]

For all his boasting about winning and a deal with Iran, all Trump has is a memorandum of understanding. It apparently includes a 60-day period when Iran won’t collect tolls in the strait, a cessation of attacks by the US and some inchoate future discussion on buried uranium. And the CIA director has cast public […]

I rarely eat beef. Maybe once or twice a year. The closest thing I eat to beef is bison, and even that only a pound or two a year. I long ago switched to chicken, turkey and fish for animal protein. Beef prices are skyrocketing. “Retail beef prices are hovering near a record high. Last […]

“So far, 206 Afrikaners have resettled in Ohio, a state that has struggled with population decline for decades. The Trump administration recently announced it plans to increase by 10,000 the number of refugee resettlement places for South Africans this year. “But since arriving in the US, Afrikaners – largely the Afrikaans-speaking descendants of Dutch settlers […]

You may have seen that Speaker Mike Johnson wants Social Security to be “fixed” after the midterms. The fact that he wants to wait until after the midterms tells you everything you need to know. He’s using “fixed” in the sense of what you do to your dog if you don’t want puppies. Republicans know […]

The NYT published an article reporting that RFK Jr has abandoned most of his responsibilities: “Mr. Kennedy has shown little interest in managing the details of work in his department, according to multiple colleagues,” Sheryl Gay Stolberg wrote in the article. “Instead, they say, he is single-mindedly focused on his top priorities, including food recommendations […]

It astonishes me what passes for reasoning among “conservatives.” “Steve Gruber, host of the conservative network’s morning program Day Break, made the announcement Wednesday alongside his guest and wife, Ivey Ramos Gruber, who agreed sunglasses might also be unnecessary. The segment fits neatly into the MAHA movement’s growing anti-sunscreen wing — and straight into a […]

How many of us heard some variation of this from their mom: “If your friends jumped off a cliff (or bridge), would you do it too?” If RFK Jr told you to treat measles with vitamin A, would you do it too? “A team from Boston Children’s Hospital in Massachusetts analyzed Google search trends data […]