America’s Representative

The AI Economy, Part 1: Looking Beyond The Facade Authored by Michael Lebowitz via RealInvestmentAdvice.com, The US economy’s curb appeal looks great. Consider that gasoline prices are nearly $5, crude oil is trading above $100, consumer sentiment is at historically low levels, and mortgage and other interest rates have remained relatively high. Yet, despite the worrisome headwinds, the US consumer-driven economy continues to expand. However, as with a house’s curb appeal, it’s not just the headline data that defines an economy. Equally important is its supporting structure. Let’s open the door...

China's DJI Alone Dwarfs Entire US Drone Production Two active wars across Eurasia, intensifying resource nationalism, and an energy crisis are adding urgency to US efforts to reduce dependence on China. Concerns about a potential Chinese blockade of Taiwan reinforce the supply chain decoupling theme.  The proliferation of attritable drones and interceptors is reshaping the economics of warfare. Industrial capacity, production costs, and the ability to replace cheap one-way attack drones at scale are becoming key considerations as the US military prepares for a rearmament supercycle.  The challenge for the US is that...

Last week started on a positive note with President Donald Trump uncharacteristically declaring that a “memorandum of understanding” (MOU) had been achieved by US and Iranian negotiators assisted by Pakistani and Qatari mediators to suspend military action and begin sixty days of discussions in pursuit of a peace agreement. The move was based on a […]