COVID-19 shows the new center of the world
COVID-19 might be the catalyst shifting the center of the world, as a senescent West cedes leadership to smarter and more aggressive peoples. Sometimes a crisis reveals how the world has changed.
COVID-19 might be the catalyst shifting the center of the world, as a senescent West cedes leadership to smarter and more aggressive peoples. Sometimes a crisis reveals how the world has changed.
Summary: This cycle’s combination of slow growth and widespread overcapacity have taken another victim – global shipping giant Hanjin. Those who like exciting news turn to Zero Hedge and read “Global Supply Chains Paralyzed” and “Supply-Chain Contagion Arrives – ‘Global Trade’ Roiled, Cargo-Owners Panic“. Those who like accurate news turn to this report from Stratfor. …
Stratfor: Hanjin’s bankruptcy reveals much about the world economy Read More »
Summary: Every game has an ending. The complex, insane brinksmanship of North Korea might have entered its last chapter (although that’s been predicted often since the fall of the Berlin Wall). Probably not a pretty picture, whenever it happens. Nor will be the early chapters of what follows. Among the effects, consider the cost to …
Looking ahead to the final chapter of the North Korea story Read More »
Another rumor of war in Korea. I have no insights into the validity of this information, but report it at is. These are the only two stories I see reporting on an article by Zhang Liangui in the Chinese-language magazine World Affairs. The second is the more detailed. I see no full translation Zhang’s article. This …
New article stokes fears of North Korean attack on South Korea Read More »
Summary: This site opened in November 2007 with three posts about this crisis, describing it as End of the post-WWII geopolitical regime. Until we and our leaders understand this, we can neither appropriately respond to events nor prepare for future problems. While the title overstates the situation (there are many who understand), it captures the key mental barrier we …
Everything written about the economic crisis overlooks its true nature Read More »