Golden age of economic prosperity by delicate diplomacy

Investment Analysis Clubs Macro Economic Trends and Risks
1

If we listen to each other, understand other points of view, broker fairly and honestly, and find common ground in our shared humanity, good things will come to our global community.

The president’s threats prompted the Iranian delegation to leave the negotiation venue and it is unclear when the talks will resume, Iranian media reported.
…
”Iran must immediately stop their highly paid PROXIES in Lebanon from causing trouble,” [tired tweeter] said on social media Sunday. “If they don’t, we’ll hit Iran very hard again, just like we did last week, only harder!!!”

Iranian state media said [his] comments violated the preliminary peace deal signed Wednesday, which bars the two sides from attacking or threatening each other.
…
But fighting over the past two days [in Lebanon] led Iran to announce Saturday it had closed the strategic waterway and to say it would focus the talks on resolving the situation in Lebanon.

Fox News reported that [big mac muncher], in an interview, said that he had spoken with Iranian officials Saturday night and warned them not to close the strait.

”You close it, and you won’t have a country,” Fox said, quoting [civilization curmudgeon]. “You won’t even make it back to your f—ing country.”

The Iranian delegation suspended the talks due Trump’s threats, according to Nour News…

Peace in our time.

6 Likes
2

A fools Paradise!

“Peace for our time”—frequently misquoted as “peace in our time”—is the famous declaration made by British Prime Minister Neville Chamberlain on September 30, 1938.

Some people never learn. Want peace? Make sure the other side is too scared to attack you.

The Captain

5 Likes
3

In Europe, over Ukraine, an American withdrawal.

In the Middle East, over Iran, an American withdrawal.

There is a fair argument that Iran started this war a long time ago. First, with Hamas, Hezbollah, and the Houthis against Israel, only because Israel is not Muslim. Second against the UAE and Saudi Arabia (Iran’s real rival), against the Muslim Brotherhood and Houthis.

You get your vote. You get your input. You decide which side you are on.

In the middle of this is the BRICs. We should not put American troops on the ground when the Chinese will arm a BRICs nation. This is not a nuclear threat. Instead, it is a waste of our younger people to fight such a war.

Big macker mouch is trying to allow Iran to charge China bulk fees on shipments from the Strait. One nutter has suggested China can shop elsewhere. Sort of true, but limited. China’s resource demands make it difficult to go elsewhere.

China this morning is putting sanctions on US firms building drones and using rare earths. The idea is to change Trump’s negotiations with Iran over fees on bulk through the Strait. Part of our back and forth with China.

We need to raise corporate taxes dramatically. We need the top income bracket tax rate to be dramatically higher. Our greed is our enemy.

The Mack Mouch does not want to be Hoover. I have bad news, he is much worse than Hoover ever was.

False arrests in DC over the Reflecting Pool are a disgrace.

When you can not pass a college class, regardless of getting the degree, you are an ejitttt. Unfit to serve, regardless of all the sexual abuse crimes.

4

Shipping through the Strait of Hormuz stalled over the weekend, according to maritime intelligence company Windward, after Iran announced it had again closed the world’s most important oil choke point.

The update comes even as industry trackers showed Iranian tankers continued to sail through the strait, a narrow waterway that typically handles around 20% of the world’s oil traffic.

There was a recovery in oil tanker traffic through the strait immediately after the U.S. and Iran signed a 14-point memorandum of understanding (MOU) last week but the latest data shows this has already hit a snag.

An analysis published by Windward found that a total of 12 ships transited the Strait of Hormuz on Sunday, down from more than 21 the previous day. Five of eight inbound vessels were said to be dark, which is when a ship disables its Automatic Identification System (AIS) transponder to hide its location, identity and destination.

5

Possibly in 1948? Wonder why I picked that year…

9 Likes
6

Israel and the Persians were friends with both the democracy and the Shah. The hardline regime is not a friend. It is the Yemenis and Syrians who mostly have paid the price.

7

…and then work diligently to allow the huge benefits of mutual trust and and non-autarkic development to overwhelm human stooopidness.

4 Likes
8

Thank you for improving my vocabulary. I had to look it up:

Non-autarkic development is an economic strategy where a country integrates into the global economy through trade and foreign investment to accelerate growth. By rejecting total self-sufficiency (autarky), nations leverage comparative advantages, import capital goods, and export specialized products to industrialize and raise living standards.

Some time ago I thought I understood economic theories but later I realized that while each theory, on its own, has merit, something fundamental was missing in the discussions. Economics is not a well oiled machine, it’s a Complex System with Emergent Properties that cannot be predicted some of which you attribute to human stooopidness.

Case in point, the outsourcing of manufacturing to China was predicted on the theory of Comparative Advantage, and it worked until it backfired by hollowing out the middle class. Comparative Advantage did not figure out what to do with labor unemployment. The proposed solution was Socialism which has been shown not to work except for very dedicated communities.

An older example was the creation of the East India companies which became nation states of their own and drug cartels with private armies. Are today’s drug cartels more or less powerful than the East India ones?

In brief, I don’t have the answer. Few, if any, do. What we are witnessing is Evolution!

The Captain

2 Likes
9

Nope, the greedy had the corporate tax rate, and the top bracket income tax rate dropped drastically. That is the only thing wrong. China is sucking up our investments because we only incentivize investment in the US up to the corporate 21% tax rate.

Pay the taxman or reinvest.

2 Likes