Bill’s commentary:
“Geopolitics have always been a huge factor in economics and finance. More so today, but the logic that lead them in the past has been thrown to the curb…”
The July NATO summit in Vilnius had the feeling of a funeral, as if they had just lost a family member – Ukraine. To clear away NATO’s failure to drive Russia out of Ukraine and move NATO right up to the Russian border, its members tried to revive their spirits by mobilizing support for the next great fight – against China, which is now designated as their ultimate strategic enemy. To prepare for this showdown, NATO announced a commitment to extend their military presence all the way to the Pacific.
Bill’s commentary:
“At least they are finally saying the quiet part, out loud! It’s opinion …but if it is their opinion it must be fact? “
Facebook parent Meta is shifting away from current affairs and politics on its social media platforms, and will instead focus on short-form videos and content from influencers vs. news, the Financial Times reports.
Bill’s commentary:
“Geopolitics have always mattered. This will without doubt be the “Asian century”…”
In his book, The Asian 21st Century, Kishore Mahbubani (Mahbubani), a former diplomat who served as Singapore’s permanent representative to the United Nations and president of the UN Security Council, pointed out the biggest thing happening in the world yet no Western media would talk about it – the arrival of the Asian century. In an exclusive interview with Global Times (GT) reporters Li Aixin, Qian Jiayin and Yu Jincui, Mahbubani shared his insights on why he believes the American century is over, the Asian century is coming, and how the US has focused on the wrong “battlefields,” at the book release hosted by Beijing-based think tank CCG. The China-US contest will not be in military dimension; it will be in economic dimension, Mahbubani said.
Bill’s commentary:
“Erik finishes with “We don’t know how to fix it, but without gold and guns—any fix is beyond our reach.” and he is absolutely correct!”
BillHolter.com 