One of the saddest aspects of 21st America is our parochialism, esp in public policy. We consider America the exemplar of best practices — sometimes along with the UK — usually with little knowledge of the ROW (a revealing phrase, “rest of the world”). Often global phenomena are seen purely as resulting from US developments, …
A free lesson from Russia: how to manage a banking crisis Read More »
Summary: Economic crisis … a leftist radical President … Can socialism be avoided, or is it our destined fate? Perhaps these things are more complex than we usually imagine? Here are some different perspectives on the danger. 1. One of our elected leaders shows the way Representative Barney Frank, on CNBC’s “Closing Bell”, 20 October 2008: …
Summary: Did the United States conduct a successful financial “raid” on Russia? These rumors might not be true — probably are not true — but then so many stories that start wars are false. Remember the Maine! More seriously, these rumors signal that the possibility of financial warfare is on the minds of key people. Probably …
Here are some things to think about before you vote in November, more excerpts from the 7 July 2008 issue of Truth and Beauty, by Eric Kraus (an American expat living in Russia).  Why do most analysts (CIA, Wall Street, academic), let alone voters, not see the great changes looming over the world? History repeats itself …
Big changes loom before us; why are they invisible to most experts? Read More »
This is a follow-up to my post about the possible breakup of the European Currency Union. There is a far more likely and significant change coming in the global currency system, described in this excerpt from the 7 July 2008 issue of Truth and Beauty, by Eric Kraus (an American expat living in Russia). The Death …
Truth and Beauty: on the collapse of the world’s other monetary zone Read More »
