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Open Thread – Tues 15 March 2022
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Guest Post: Speedbox – What do Russians really think?
Over the past couple of days I’ve been canvassing relatives (in law) and numerous friends in Russia on their opinion of the invasion and local impact. Whilst the results of my enquiries are really no more than a straw poll, they do provide some interesting insights. In summary, approximately 75% of the sample (35 people…
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Not Pro-Russian, Pro-Life
Saw UK foreign secretary, and one of the pretenders to Boris’s throne, Liz Truss on the tele the other day. She was explaining to the British parliament that Russia couldn’t be allowed to win. She was obviously prepared to fight to the last drop of Ukrainian’s blood. She makes you want Boris to stay. Another…
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Unprecedented ignorance
My own sentiments exactly: The era of unprecedented ignorance. Not only that, but it’s from a source that is least expected: Matthew Bach who is the Victorian Shadow Attorney-General and Shadow Minister for Child Protection and Youth Justice. I recommend it all, but let me provide you with a few bits near the start before…
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Open Thread – Weekend 12 March 2022
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The causes of inflation go well beyond growth in the supply of money
There was a time that even economists understood that the story of inflation went well beyond increases in the stock of money. But Keynesian theory, with its Y=C+I+G, is now so embedded across the mindset of everyone as a means to make economies grow, and not just amongst economists but there as well, that the…
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Meme of the Day #23
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Guest Post: Speedbox – Money money money
I’ve always liked, and believed in, the phrase: follow the money. Almost every good and bad thing that happens in geopolitics has a dollar sign behind it. It isn’t always obvious but money, and people scheming how they can get it, or how to keep it, is usually lurking in the background. Money is the…
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Meme of the Day #22
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Cool Heads Needed
Let’s suppose, fairly safely, that Putin is a thug, a megalomaniac even, as the Western media has it. In which case, calling him names will be water off a duck’s back. It might be cathartic but it won’t help Ukrainians. Will severe financial, commercial and trade sanctions on Russia help? Will seizing the assets of…