Skip to main content

Unrelated and interesting

1.  Rumors are that France's 2019 budget deficit may be higher than Italy's planned budget deficit -- of which the EU said this is unacceptable.  Next game of chicken

2.  Russia just sent a large number of nuclear-capable long-range bombers to Venezuela....I'm sure that Trump will like that

3.  China arrests Canadian ex-diplomat in what appears to be a "tit for tat" move against the arrest of Huawei's CFO

4. Brexit vote delayed -- cause May doesn't have the vote and a rejection of her plan would almost certainly lead to elections (and possibly a new referendum).  A game of chicken is being played between May and the parliament:  "Back me or we have a hard Brexit"

5.  Trump's position is getting very uncomfortable.  It appears now that the Russia discussions were not only over an 18 month period but involved a large number of players -- on both sides.  This was not a single meeting and a single conversation, but

6.  As long as the GOP believes that their 2020 election prospects remain acceptable they will back Trump, if they feel they are losing they will drop him and vote for impeachment (or at least force him to resign)

7.  US government shutdown may occur because Trump wants his wall at "any cost".  Will try to blame the Democrats -- who buy the way are still in Minority in Congress (until January)!!!

8.  While America (at least the Federal Government & Trump) are looking at cutting basic research funding, China is increasing its overall fundamental research funding...what do you think the impact of that will be over the medium/long term.

Comments

Popular posts from this blog

what people get wrong about tariffs

 The issue is simple. What percentage of the economy is dependent on tariff goods? The truth, is that the US economy is far more closed than people understand. People genuinely believe that all manufacturing has ceased to exist in the United States all given to China on the altar of woke policy the truth can be further from That statement. Only about 15% of US GDP is related to foreign trade. Of that amount, slightly more than half is from Canada in Mexico. And half of that is energy. What that means, is that about 7% of US GDP is tariff dependent. The proof in the pudding, is how little money tariff generates. People think that 30 or 50 billion is a lot it’s not in an economy that has $3 trillion. The impact on the US economy will be less visible but not absent. Inflation hasn’t occurred yet first because tests have hardly started to bite, but more importantly it’s such a small percent of the economy. Now certain things are critical. The rare earth metals from China were critical....

The end of Tesla?

 it takes a special kind of idiot, to think that he can antagonize his entire customer base, and think that it will not impact his business. When Elon Musk went to work for Donald Trump, and created the doge department, he antagonized every liberal, and these people represent 90% of his client base.That’s not a brilliant move. Now Elon Musk is worth hundreds of billions of dollar, so he shouldn’t care a great deal, however, he needs to care because of several other issues. The cyber truck has been a disaster, most have had to be recalled because of defective glue, it’s not a truck, it’s not a car, it’s noisy, relatively uncomfortable, but great as a development platform. What Tesla has learned in making car manufacturing more seamless is truly amazing. The problem was that Elon Musk was so pissed with the Democrats, and with Joe Biden, in particular because of some slight, which were just plain stupid too. By the way, that he decided to support with hundreds of millions of dollar, ...

Trump and Venezuela...

The US now owns Venezuela…and not in a good way.  America is not known for its nation building skills, and yet it now owns the disaster that is Venezuela.   Starvation and exodus are the natural progression.   In addition it will become a haven for narco-terrorists, more so than it already was. I am sure that Trump and his friends really thought that little attack very well…I guess that he will now attack Iran now.