Category: Foreign policy
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Turkey up to its eyeballs
Over the past two years, there has been a significant shift in the power balance, causing Turkey to reassess its relationships. This has led to improvements in relations with countries like Israel and a reevaluation of its stance towards Russia. Negotiations on the transfer of military technology and equipment, such as F-16s and drones, have…
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Big Bank President?
He suggests that the country’s lackluster economic growth can be attributed to shortcomings in areas such as immigration, taxation, mortgages, affordable housing, and healthcare. Dimon also discusses the need for better education and expanding the Earned Income Tax Credit as a form of industrial policy to improve social outcomes. While Dimon acknowledges his interest in…
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Kyle Bass
Kyle Bass, founder of Hayman Capital and one of the few to benefit from the 2008 mortgage crisis, warns of the concerning military capabilities of China and argues that American investors played a role in building their war machine. He points out that China now has more naval ships than the U.S. Navy and believes…
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Genius, Bond Villain, or both?
OpenAI CEO Sam Altman believes that sustainable improvements in quality of life stem from scientific progress, but stresses the need to manage through the associated risks to achieve that. Implicitly responding to accusations of hypocrisy in support of regulation, Altman asserts that OpenAI supports regulation even in private meetings, and only protests burdensome regulation on small…
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6/21/23
https://finance.yahoo.com/news/powell-nearly-all-fed-members-expect-to-raise-rates-again-this-year-123006616.html Advanced economies like the US have had a head start on developing advanced industries, making it difficult for others to catch up. Europe, despite being primarily comprised of already advanced economies, lacks the innovative global companies compared to the US and even the new players coming from Asia, with exceptions like Germany and France,…
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Balaji Panics….
Balaji Srinivasan discusses the recent financial crisis and compares it to the one that happened in 2008. He explains that over the course of 2021, many people were saying that inflation was going to happen, but the Federal Reserve continued to sell hundreds of billions of dollars in bonds during this period. However, in December…
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RFK Jr. Favorabiliy
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Dalio’s World
Ray Dalio and Thomas Friedman discuss China’s Confucianism way of thinking and how it affects China’s foreign policy. China views itself as a family and its country as an extended family. Confucianism is a top-down, hierarchical philosophy based on strict parenting. They focus on mutual respect between those who are more powerful and those who…