The Yuan: Stealing from Piers to pay 浩宇

So, indeed the Yuan was made into a reserve currency and the link-by-failure is already being established. It is interesting, though, that the bulk of the value transfer involved is coming from the Euro, not the Dollar or Yen. Linked by the IMF formally or not, though, if either the Euro or the Yuan fail […]

2015-2016 Energy Price Drop Will Disentangle Russia, Not Crush It

Energy prices are dropping. Commodity prices are dropping, actually, in general. Production is slowing. People are finally realizing that China is as flimsy as government construction. The Euro is indeed linking Eurozone economies by failure instead of success, and doing so in a way that limits their market rights. The EU is inherently unstable. Cold […]

France in Syria: Still Not Here to Save the World

Folks have been really excited about France getting into war-mode on Syria after the Paris attacks. People were even momentarily excited about Turkey’s decision to shoot down a Russian plane the other day. Now Paris and Moscow are maybe working together on hitting ISIS? While the Washington is doing the same thing?!? Man, its like […]

A More Likely Calculus Behind Russian Airstrikes in Syria

The media has been abuzz with talk about the Russian airstrikes in Syria. More than a few people have asked me about it. This is a record of my thoughts immediately after hearing the first news. I haven’t gone to any great trouble to find out the names of places hit or who did what […]

East Europe: Why Historical Fears of War are Well Founded

I received an email full of anti-Obama sentiment the other day. It was an indirect re-hashing of a commonly echoed sentiment most concisely summed up as The American Republic will endure, until politicians realize they can bribe the people with their own money. The above sentiment has been variously attributed to Benjamin Franklin, Alexander Fraser […]