Note: On March 11, 2024, the Biden-Harris Administration submitted to Congress a proposed Fiscal Year (FY) 2025 budget request of $849.8 billion for the Department of Defense (DoD), consistent with the caps approved by Congress under the Financial Responsibility Act (FRA) of 2023. On August 1, 2024 the Senate Appropriations Committee … Continue reading
Category Archives: Cold War
After The Interview
PreludeOn February 8, 2024 Tucker Carlson interviewed President Vladimir Putin in Moscow. While the interview did not reveal anything new, Mr. Putin did demonstrate detailed knowledge of Russian history, mental agility, and a firm conviction that his understanding of the underlying reasons beneath the Ukrainian conflict is indeed factual. GrievancesIn … Continue reading
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