China Warns Over Taiwan Diplomacy
"China warned it would take strong measures if U.S. House of Representatives Speaker Nancy Pelosi visited Taiwan" (Reuters) My feelings about Pelosi aside, the US has the right to send…
Ukraine and the Budapest Memorandum
The Budapest Memorandum on Security Assurances (1994) was signed by: the Russian Federation, the United Kingdom, and the United States, regarding the security of Belarus, Kazakhstan and Ukraine. Under the…
Lockdowns and War: Rethinking Supply Chains and Currency
The pandemic lockdowns caused real supply chain issues. Prior to the pandemic, the average business leader had some notion that it was important to diversify supply chains, but it would…
Cayman Islands and US Debt
The seventh largest holder of US government debt is The Cayman Islands. It only has a population of about 67,000 people, but they have $253 billion of US debt. They…
China and EU Consumption of Russian Oil and Gas
China consumes 12,791,553 barrels per day. Russia produces an average of 11,262,746 barrels per day, roughly 12% of the world's oil. Russia uses 3,631,287 barrels, imports 15,047 barrels, and has…
Gas Prices and Inflation
According to Federal Reserve Chair Jerome Powell, every $10 increase in the cost of a barrel of oil raises inflation by .2%, which reduces economic growth by .1%. Brent crude…
China will have a new military base in the Solomon Islands
China has signed a security agreement with the Solomon Islands. The Islands are now firmly within the Chinese sphere, because Biden refused to meet with Pacific Island leaders and offer…
Invasion of Taiwan, Probably Not Soon
The Communist Party Congress will not be held until the Fall, when Xi is expected to start his third term. So, he probably cannot take a major step, like invading…
Gas and Spending
The price of gas does not have as big of an impact on general inflation as most Americans probably believe.