Thursday On the surface THIS is a strong rebuke of the Secretary of Defense, Lloyd Austin, by hundreds of retired generals, admirals and other military veterans. That alone is highly significant – and unprecedented. Is that all there is to it though? The fact is that it will also serve to strengthen the resolve of those military personnel who are currently under … [Read more...]
Predictions and Assumptions
Sunday In January of 2000, it began to dawn on me that the world had some serious problems. A great deal of subsequent reading informed me that the world’s monetary system was not only seriously flawed (it had been since 1933) but that it was at the point of breakdown. It was like a drunk at the bar who was being kept upright only by the swell of people around … [Read more...]
The Big R
Saturday The history of economics and war tells us that the world is in a bad place. Empires are in collision. It is 1914 – with nukes. The West’s softest and silliest ever generation, is about to get a real life lesson in Reality – the Big R. It will be an unrecognisable concept to most. Despite the giddy euphoria of the stock market, we have … [Read more...]
China Loses Face
Saturday The heightened tensions with North Korea raise puzzling questions about China. It seems quite unable to put any brakes on its neighbour’s belligerence. It cannot be because it does not want to, at least, reduce tensions, including the, by now, very real military threat to itself. The North Korean military comprises … [Read more...]