Search found 1920 matches

by cassowary
Sat Jul 21, 2018 4:11 am
Forum: Current Events
Topic: David Goldman on Russia and the US
Replies: 32
Views: 336

Re: Watch what Trump does and not what he says.

No, they want to make money. There's just as much to be made from low prices as high ones, provided you rig the deck! Common sense will tell you that they make less money when oil price is low. If not, why does Putin and Opec cut production to boost oil price? If they know when to short before othe...
by cassowary
Fri Jul 20, 2018 7:41 pm
Forum: Current Events
Topic: Protectionism, does it work?
Replies: 37
Views: 532

Re: Protectionism, does it work?

Growth during oBUMa’s time was slow. An official in his administration said that the economy can only grow by 2%. Now Trump’s economic policies are the opposite of oBUMa. Growth is now 3%. He deserves credit for the faster growth. As Steve said, there are lots of factors beyond a President’s control...
by cassowary
Fri Jul 20, 2018 4:32 pm
Forum: Current Events
Topic: David Goldman on Russia and the US
Replies: 32
Views: 336

Re: Watch what Trump does and not what he says.

You don't know what squeezes Putin and what doesn't, because Putin's interests lie in pleasing a handful of oiligarchs, not in the affairs of the Russian state. So yes, he does care for more than enriching himself and his rich friends. Oiligarchs want oil prices to be high. No, they want to make mo...
by cassowary
Thu Jul 19, 2018 10:41 pm
Forum: Current Events
Topic: David Goldman on Russia and the US
Replies: 32
Views: 336

Re: Watch what Trump does and not what he says.

You don't know what squeezes Putin and what doesn't, because Putin's interests lie in pleasing a handful of oiligarchs, not in the affairs of the Russian state. So yes, he does care for more than enriching himself and his rich friends. Oiligarchs want oil prices to be high. No, they want to make mo...
by cassowary
Thu Jul 19, 2018 7:10 am
Forum: Current Events
Topic: Protectionism, does it work?
Replies: 37
Views: 532

Re: Protectionism, does it work?

Protectionism has the sum total effect of transferring wealth from one set of hands into another. Seems to be working for China. Everyone says tarifs don't work yet China grows 7-10% a year for 20 years while the US struggles to get to 3% Not only China. Japan was also protectionist and they grew r...
by cassowary
Thu Jul 19, 2018 7:09 am
Forum: Current Events
Topic: Alexandria Ocasio-Cortez
Replies: 227
Views: 158283

Re: Alexandria Ocasio-Cortez

As you see, labour benefits next to nothing from productivity gains, which means that they all go to benefit capital. Even accepting the charts from your dubious sources at face value, employment is much safer than entrepreneurship, so it's not surprising that a lot of the reward for successful ris...
by cassowary
Thu Jul 19, 2018 6:37 am
Forum: Current Events
Topic: David Goldman on Russia and the US
Replies: 32
Views: 336

Re: Watch what Trump does and not what he says.

You don't know what squeezes Putin and what doesn't, because Putin's interests lie in pleasing a handful of oiligarchs, not in the affairs of the Russian state. So yes, he does care for more than enriching himself and his rich friends. Oiligarchs want oil prices to be high. US production undermines...
by cassowary
Thu Jul 19, 2018 6:29 am
Forum: Current Events
Topic: David Goldman on Russia and the US
Replies: 32
Views: 336

Re: bumbling Donald does it again.

I have read it and responded to a discussion in the PUNDITS OF INTEREST section of this website on this very topic inaugurated by Izzy. It is just a pity that bumbling Donald spoiled his own triumph by (in effect) throwing his intelligence agencies under the bus at that joint press conference - und...
by cassowary
Wed Jul 18, 2018 10:06 pm
Forum: Current Events
Topic: David Goldman on Russia and the US
Replies: 32
Views: 336

Re: bumbling Donald does it again.

I have read it and responded to a discussion in the PUNDITS OF INTEREST section of this website on this very topic inaugurated by Izzy. It is just a pity that bumbling Donald spoiled his own triumph by (in effect) throwing his intelligence agencies under the bus at that joint press conference - und...
by cassowary
Wed Jul 18, 2018 9:40 pm
Forum: Current Events
Topic: David Goldman on Russia and the US
Replies: 32
Views: 336

Watch what Trump does and not what he says.

China will want it back. The green, purple and orange coloured areas were taken by Russia in unequal treaties. Interesting, I didn't know the Chinese used to hold Sakhalin. After long centuries of Mongol domination, the Russians fear Asians more than Americans and certainly not the laughable Europe...