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The Bulletin: April 17-23, 2025
The Bulletin: April 17-23, 2025 This past week’s articles of interest… If you’re new to my writing, check out this overview. How Climate Change Fuels Increasing Wildfire Disasters Extended Heatwave in India, Pakistan To Test Survivability History Will Not Repeat Itself – George Tsakraklides Zero-Based Extinction: Nature’s Life Support Gets a Sunset Clause The Structure […]
The top 10% are the main beneficiaries of globalization, says study
The top 10% are the main beneficiaries of globalization, says study Collinearity of globalization indicators. Credit: The Journal of Economic Inequality (2023). DOI: 10.1007/s10888-023-09593-7 The income of many people around the world has considerably increased due to the economic globalization of the last 50 years. However, these income gains are unevenly distributed. A study by Dr. Valentin […]
Turkiye Suspends All Trade With Israel in Surprise New Blow; Israel Threatens Retaliation
Turkiye Suspends All Trade With Israel in Surprise New Blow; Israel Threatens Retaliation Last night, Bloomberg broke the story that Turkiye has suspended all trade with Israel. The Bloomberg account noted that Turkiye had announced the day before that it was joining South Africa in its genocide case against Israel. A later Financial Times story provides […]
The Strait of Hormuz and ‘the Spice’
The Strait of Hormuz and ‘the Spice’ Frankly #61 In this week’s Frankly, I’d like to highlight the importance of the Strait of Hormuz, a global supply chain choke point where nearly half of the world’s oil available for export travels through on a daily basis. In the midst of high-stakes geo-political events where threats […]
Iran Warns Against US ‘Adventurism’ After Parking Cruise Missile-Armed Warship In Red Sea
Iran Warns Against US ‘Adventurism’ After Parking Cruise Missile-Armed Warship In Red Sea The Red Sea continues to grow busy with the presence of naval assets, as the West and its allies attempt to keep international shipping lanes open despite the threat of Houthi missiles and drones launched from Yemen. This has lately included nations such as […]
This is how civilisations collapse
This is how civilisations collapse Last week, in an attempt to explain away the supply chain woes that are increasingly leading to goods shortages in America, President Biden cited a popular neoliberal fable. He observed that to make a pencil, wood and graphite must be sourced from the other ends of the world before the finished product can […]
World War III is here, but it’s not what we expected
World War III is here, but it’s not what we expected Movies and books have often portrayed World War III as either the final chapter of the human epoch or as a new but primitive restart for those who survive the nuclear conflagration. We cannot know if such prophesies will ultimately come true. For now […]
#223. Trading with the (common) enemy
#223. Trading with the (common) enemy THE SHARED CONSEQUENCES OF RESOURCE CONSTRAINTThe tragedy unfolding in Ukraine, as well as being horrific in itself, has brought us face-to-face with a brutal fact whose reality we’ve always, hitherto, managed to ignore. This fact is that the world has become accustomed to a standard of living that its energy resources […]
US Effectively Declares World War III Starting with Russia
US Effectively Declares World War III Starting with Russia World peace is created by economic opportunity. That is how the Roman Empire flourished for 1,000 years. They conquered much of North Africa during the Punic Wars. They conquered Greece and the East during the days of the Republic. Yes, they conquered all of Europe under […]
Russia Warns Of “Brave New World” Of Higher Gas Prices After Germany Halts Nord Stream 2
Russia Warns Of “Brave New World” Of Higher Gas Prices After Germany Halts Nord Stream 2 Update (0900ET): Europe’s energy crisis deepened Tuesday as Germany halted the process of certifying the Nord Stream 2 natural gas pipeline. Putin’s right hand man, Dmitry Medvedev responded to German Chancellor Olaf Scholz’s comments about the certification of the controversial […]
The latest monster ships could be a disaster
The latest monster ships could be a disaster Preface. The article below makes the case for the hazards of one of these enormous ships running aground or sinking, blocking a major shipping line, leaking oil, and possibly impossible to salvage. In 2020, the largest container ship is the HMM Algeciras at 1,312 feet (400 m) […]
The End of Western Globalia?
The End of Western Globalia? Since the 1970’s, international trade has continuously been promoted by leaders of developed countries and economic agents. Several theoretical frameworks have been put forward to explain the benefits of a free trade environment, from Adam Smith’s concept of absolute advantages to more recent firm-based theories. However, the reality is much […]
Trade Deficit Again Growing, Now It’s Bigger Than Ever
Trade Deficit Again Growing, Now It’s Bigger Than Ever The trade deficit with China continues to weaken America and strengthen our rival. For all the ruckus it created, the trade war failed to bring down the trade deficit. Even while unusual circumstances continue to cloud the picture it appears that America’s trade picture is in […]
Where’s Dirk Gently When You Need Him?
Where’s Dirk Gently When You Need Him? Did you hear? A supersized cargo ship got wedged in the Suez Canal on March 23rd? If you didn’t, you must do pretty well at avoiding the news, social media, and late night TV. But the short of it is: the Ever Given somehow lost control (sandstorm strength winds have […]
China Endures Worsening Electricity Shortages In Name Of Punishing Australia
China Endures Worsening Electricity Shortages In Name Of Punishing Australia Coal is among the latest in a growing list of major Australian exports hit by severe restrictions in China, also including commodities like cotton, timber wine, lobster, and barley. While Chinese citizens might be able to forgo luxuries for a while like Aussie wine as well […]
