Persistent Delusion Among the American and NATO Defense Establishment

It is not a glitch (that nothing gets resolved). It’s a feature. For it opens rather, a path for “Business” to be done – for “stakeholder” deals to be cut, and for billions to be shared out in payoffs. This is Trump’s geo-political transactional model: Business displaces traditional negotiation (at least while the money flows); […]

What Causes Stagflation? Authored by Frank Shostak via The Mises Institute, In the late 1960’s Edmund Phelps and Milton Friedman challenged the popular view that there can be a sustainable trade-off between inflation and unemployment. In fact, over time, according to Friedman, expansionary central bank policies set the platform for lower economic growth and a higher rate of inflation (i.e., stagflation). A famous case of stagflation occurred during the 1974-75 period. In March 1975, industrial production fell by nearly 13 percent year-on-year while the yearly growth rate of the consumer price index (CPI) jumped to...

Ayatollah Mojtaba Khamenei Surrounded By 24/7 Medical Team In Hideout As Generals Run Iran: NYT The NY Times in a new deep dive of what governing structures now look like inside Iran says what's already long been obvious to many in the wake of longtime Ayatollah Ali Khamenei's death: "When Ayatollah Ali Khamenei ruled Iran as the supreme leader, he exerted absolute power over all decisions about war, peace and negotiations with the United States. His son and successor does not play the same role." The publication says it was able to...