Background On September 22, 2022 at a House of Representatives’ hearing, Rep. Rashida Tlaib asked JPMorgan Chase CEO Jamie Dimon, “Please answer with a simple yes or no, does your bank have a policy against funding new oil and gas products.” Dimon responded, “Absolutely not and that would be the … Continue reading
Category Archives: Government
The Players
The combined GDP of BRICS members on this list (China, India, Russia and Brazil) amounts to $58,096,000,000,000. The combined GDP of the “Western” allies (the United States, Japan, Germany, France, and the United Kingdom is $44,006,000,000,000, a difference of $14,090,000,000,000. The United States The outstanding debt of the United … Continue reading
Historical Record
Breton Woods Roots In 1944, with the approaching defeat of Germany all but certain, representatives of forty-four nations met in Bretton Woods, New Hampshire to create a new international monetary system. This Bretton Woods System, which became fully operational in 1958, was essentially a mechanism to settle international accounts in … Continue reading
Chinese Navy – DOD Report
Excerpt from the 2022 China Military Power Report to Congress PEOPLE’S LIBERATION ARMY NAVY (PLAN)Key Takeaways• The PLAN is numerically the largest navy in the world with an overall battle force of approximately 340 ships and submarines, including approximately 125 major surface combatants. As of 2021, the PLAN is largely … Continue reading
The Ukrainian Crisis II
January 9, 2022 Background On December 7, 2021 (Pearl Harbor Day) the White House released a readout of the video call between Presidents Biden and Putin. On December 15, 2021 Presidents Putin and Xi reportedly cemented ties between Russia and China. According to the Kremlin, the latter backed Russia’s push … Continue reading
The 2022 Ukraine Crisis
January 1, 2022 Background In just a few days representatives of the United States and the Russian Federation will meet to discuss the latter’s demand (bordering on an ultimatum) for a guarantee that the Ukraine will not ever be admitted to NATO. To be sure, there are other elements to … Continue reading