May 10, 2026

World

Is Newer Always Better? The Fetish Harming Western Militaries

 

 



We all like nice things. Especially new, nice things. New things tend to have that “new” smell and/or touch. They “feel” better, and give us all a certain sense of accomplishment – after all, “new” tends to be expensive, in comparison to older things, and “buying new” gives us a feeling of accomplishment, because the new thing is a physical representation of our hard work paying off.

But – is “new” actually “better“?

In the realm of consumer products, the reality of new items hitting the shelves (literally or figuratively) is very much hit or miss. Many times – perhaps even most times – the new stuff offers new features, or is lighter, or does things more efficiently than what it is replacing. Conversely, many times, the new product – while looking very snazzy or streamlined on the outside – is actually flimsy, cheaply made and has a very good chance of failing if you look at it sideways, usually the day after its warranty expires (if it even came with a warranty). This can lead the frustrated consumer to try and return the product for a replacement or a refund (which sometimes, they are actually able to receive), and often going out and buying a similar product from a more reliable and trusted brand.

 

 

But in reality, buying a “new and improved” coffee maker on sale and having it fail on you after three months, while frustrating, really isn’t a monumental problem; annoying, certainly, but no one is dying over it…In the military realm, however, the consequences of untested tools – and worse, untested structural models – can be catastrophically disastrous.

Let’s look at two examples, one a matter of hardware, the other, a matter of organization.

 

Boom Sticks

First, with the rise of the AK-47, militaries around the world began to clamor for a rifle chambered in an “intermediate cartridge“, in short, something more powerful than a pistol-caliber submachine gun, but not as massive as a full-power cartridge. The path to the intermediate cartridge idea is one of those dark secrets of firearms history, that will make for a good, more in depth article down the line, but here, it will be sufficient to outline a brief overview.

Intermediate rounds are, on average, smaller and lighter than their larger cousins, which equals less use of materials (i.e., gunpowder and various metals); while the savings are tiny, per cartridge, when you are producing billions of rounds at a time, those tiny figures become very significant, very quickly. On the side that really matters to a land army – infantry combat – the “field experiment” of the last sixty or so years, initially seemed to validate the idea of the intermediate cartridge: the intermediate class of round seemed to be perfectly effective at its intended role. But looks, as usual, can be deceiving.

 

Comparison of Pistol, Rifle and Intermediate cartridge.
From left:
9 × 19 mm Parabellum (Pistol cartridge)
7.92 × 33 mm Kurz (Intermediate cartridge)
7.92 × 57 mm Mauser (Rifle cartridge)

 

While fine at ranges out to 300 meters or so (the intermediate’s intended range), when ranges moved out past that, the rifles rapidly became very ineffective, more so because – since the “maximum effective range” was accepted worldwide as 300 meters – the militaries of the world saw little reason to train the average recruit to shoot any further than that…and besides, the few times where the ranges opened up, military forces had General Purpose Machine Guns (GPMG’s), Heavy Machine Guns (HMG’s), mortars, artillery, sniper rifles and even air support to deal with anything “out there.”

And then…9/11 happened.

The resulting twenty-plus year long series of wars and interventions around the world began to show cracks in the armor of the intermediate cartridge idea. As infantry combat moved out of jungles and cities, and into vast deserts and mountain ranges, combat ranges opened up considerably, well outside the range (pdf link) of intermediate cartridge weapons. And this is where the US military hit a wall.

After going “all in” on the intermediate cartridge during the Vietnam War, the US military was stuck with an entire ensemble of weapons, equipment, training foundations and doctrines that revolved around the intermediate M-16. But now, they were finding themselves being engaged by guerrilla’s firing near century-old rifles, shooting at ranges well beyond 1200 (YouTube link) meters  (pdf link). In those instances, US troops generally only had a few GPMG’s and HMG’s to respond. The US military’s response was to develop a completely new (and, inevitably, very expensive) rifle and light machine gun combination, along with a completely new type of cartridge that is best described as “intermediate plus“, that had longer range and better “hitting power” than the 60+ year old 5.56x45mm rounds.

 

U.S. Soldiers with the firing party with the 69th Infantry Regiment, New York Army National Guard prepare to fire a rifle salute during the Pearl Harbor Day ceremony in New York Dec. 7, 2012. US Army photo.

 

For those who might be scratching their heads and wondering why the US military went this route, congratulations – many other people have been doing the same thing: Why not simply adopt an older cartridge, specifically the 7.62x51mm M80, that was already in the system (such as the M240-series), and any of a number of older-pattern rifles of proven design…after all, new manufacturing techniques and materials would surely make those older designs very competitive, weight-wise, right?

The answer for the US military was, simply put, politics: with a Congress facing a public tired after twenty years of inconclusive war, and massive budgetary issues, there was no way that the military could go to Congress and ask them to fund a step “backwards”. On the other hand, they could ask Congress to fund something “new and improved” – they just had to put the right “bells and whistles” on it…or, to be peckish, a nicer ribbon.

In contrast, stands India: Faced with a rifle that just wasn’t working, no matter what they did, India bit the bullet, admitted defeat, and inked deals to both purchase and manufacture the AK-203 rifle in 7.62x39mm (a total of 670,000 – 70,000 directly from Russia, with the remainder to be manufactured under license) in Uttar Pradesh, while also purchasing slightly modified SIG 716 G2 Patrol rifles in 7.62x51mm.

 

Indian Army soldier armed with a modified AK-type rifle. Indian Ministry of Defence photo.

 

The bog-standard 7.62x51mm M80 cartridge has been standard for most western GPMG’s since at least 1983 – it just works.

Whether switching to a “new and improved” weapons suite is a good idea for the US military or not, remains to be seen. Hopefully, it will work.

Hopefully. Troops’ lives depend on it.

 

Misusing An Organizational Idea

The current war between Russia and Ukraine brought into focus the Russian idea of the “Battalion Tactical Group” (Russian: Батальонная тактическая группа, batal’onnaya takticheskaya gruppa). The BTG is one of those oddities that is rather hard to define, primarily because it only works in a very narrow area of military operations, that being as a “cadre force.”

On paper, a BTG is a combined arms formation that is technically a “battalion” of mechanized infantry, with a number of smaller specialist units (i.e., engineers, medical, air defense, etc.) being assigned as needed, and kept in a high state of readiness. Conceptually, a BTG is similar to the Western “task force” at various levels…except in artillery, where the BTG – with fewer than 1,000 troops assigned – has more long-range firepower than a US Brigade Combat Team (BCT).

There are, however, problems.

The first, is a lack of infantry support. One of the mistakes many civilians make in studying modern warfare, is the idea that tanks can do everything on their own. They cannot. A tank crew is seriously restricted in seeing what is happening around them, specifically in that they cannot see enemy infantry armed with lightweight anti-tank missiles that are more than capable to turning a tank into burning scrap metal. This is not a feature unique to Russian tanks – it is a feature of all main battle tanks in the world, in general. The only viable solution to this problem, was training specialist infantry to escort and guard the tanks against enemy infantry.

Obviously, this requires a lot of infantry…Yet Russian BTG’s, on average, have about 250 infantry escorting them, somewhere between 1/3 and 1/4 of what they actually need. Why?

The BTG dates from the end of the Soviet era, when the Soviet Army was refining its plans for invading Western Europe, and were carefully studying how to deal with Western company, battalion and brigade task forces. BTGs were deployed as an experiment in Afghanistan, before the final collapse of the Soviet efforts in that country in 1989, and worked well enough in that level of fighting that they were kept on, until the Soviet Union dissolved. At that point, the rancid Soviet economy that Russia inherited simply could not support the expense of permanently established combat units that required careful tactical training to work effectively. Worse, the necessary reforms to make all of this happen required a long-serving, professional corps of non-commissioned officers (NCO’s, i.e., Corporals and Sergeants), which was something the Soviets had never really tried to build. This, coupled to the political upheavals of the day, and the general Russian attitude towards their military as a barely-necessary evil (unless the enemy is literally inside the gates…and sometimes, not even then) which made an “all-volunteer” force of the likes of the United States or Great Britain an impossibility, made mass formations and a rigid conscription system moot points. While the Russian army retained the idea of brigades and divisions, at their hearts, they were really just a collection of sketchily-trained, down-market BTG’s.

 

A farewell ceremony for the 331st Airborne Regiment of the 98th Airborne Division withdrawn from Chechnya. www.kremlin.ru

 

As a result, while the concept of the BTG was retained after the Soviet Union became Russia again, the training of the troops in those formations was very haphazard. As the Russian economy began to rebound in the late-1990’s, training and readiness began to improve, and combat experience in forming ad hoc BTG’s during the wars in Chechnya showed that the concept was a viable way of fighting minor forces and guerrillas. This culminated in the 2008 Russo-Georgian War, where the BTG idea seemed to work very well against the Western-trained Georgian Army (yet another article for the future). All of this led to the 2008 Russian military reform, an all-out attempt to revamp the Russian military establishment into something like a 21st Century force.

When Russia began its “intervention” in Ukraine in 2014, the BTG finally seemed to find its niche. While it had glaring weaknesses against comparable Western formations, Russian BTG’s being sent into eastern Ukraine were able to augment themselves with swarms of thousands of local anti-Kiev insurgents who, while poorly armed and scarcely trained, were able to advise and guide Russian units through local terrain, and were also able to help screen the BTG’s against Ukrainian anti-tank teams, backed up by the more professional Russian infantry and artillery. And, when Russia intervened in Syria in 2015, the Russian commanders on the scene quickly duplicated this model with local Syrian auxiliaries. The concept worked there, as well.

It seemed that Russia had found the perfect balance: BTG’s were simultaneously long-service soldiers, not conscripts, and – not being manpower-intensive – thus would not unduly upset the Russian population when they were sent out. At the same time, they seemed to be able to get the job done, and were very cost-effective in comparison to the older-model, mass formations of past wars.

This led, perhaps inevitably, to “Victory Disease“.

 

“Scene of Gen. Custer’s last stand, looking in the direction of the ford and the Indian village.” Unknown author, ca. 1877. From the US National Archives.

 

Unless carefully controlled, Victory Disease can rapidly infect a population with the idea that their forces are nigh-invincible. If left alone to fester, this breeds an arrogance that the nation can take on any opponent, anywhere, anytime, without too much effort or thought.

Which brings us back to Ukraine, 2022.

Whatever the causes of the current war may be, this is not the article to discuss them. The Russian leadership clearly assumed that their forces would overrun Ukraine with relative ease, and would allow them to accomplish limited objectives that would not be too onerous on the Russian population. While this was mostly true in the southern sectors, it only appeared to be so, initially, in the northern theater. There, the BTG’s showed all of their glaring faults, as stalled convoys strung out along roads (an inevitable consequence in armored warfare – just ask the US Army and Marines about the advance on Baghdad in 2003) were suddenly cut to pieces by Ukrainian infantry and partisans operating behind the Russian advance. Without the mass of infantry that a more conventional organization would have had, the Russians were unable to defend those convoys as US forces had in 2003, as there was no way that the razor-thin film of infantry the Russians had access to could adequately protect the long columns of vehicles packed tightly into ready-made kill-zones. It was never that the Russians were “running out of infantry” – they simply never had the necessary numbers plugged into their organizational combat unit structures. The disastrous results of this oversight have now greatly lengthened the war, and have led – as of late-September, 2022 – to the Russian leadership calling for a “partial” national mobilization.

What impact this may have on the war, remains to be seen.

For the purposes of this article, Russia took a low-impact approach to military organization out of harsh necessity, and allowed it to become a dominant aspect of its military and – dangerously – its political psychology. When it then applied that approach to smaller wars, and saw that it worked, they made the assumption that it would work against larger opponents. With the inevitable failure of the model when it stepped outside its boundaries, Russia is now in the position of being forced to escalate the conflict to avoid defeat.

This is a lesson the United States Marine Corps should pay attention to, because its own reforms look an awful lot like the BTG-model.

 

 

The Chinese Are Coming for Latin America’s Fish

The Chinese have sent fishing armadas to South America allegedly ransacking the waters in unbridled, unchecked fishing.  A news report by Interservice claims 631 Chinese fishing ships have been spotted in Peruvian and Ecuadorian waters.  Most troubling, the Chinese appear to be broad-fishing the unique ecosystem of the Galapagos Islands.

As the Chinese continue to expand their soft-power Empire, e traits that the American Democrat Party would have you believe were invented and perfected by the whiteness (whatever that is) will be seen in this non-white race, a member of the corporate-academic-created mythological “people of color,” or POC, as people of this ideology are more often wont to use.

The Chinese are killing the African donkey because of a soap opera.  They’re now raping the seas of South America, just like the whiteness would.

The culture of China under Chairman Xi is not given to such benevolent colonization as one has seen from America and, to a lesser extent, Britain.  We’re all about ready to see one grand myth of the American Left go up in smoke as we witness the tyrannical version of Empire, should it ever fully emerge (and that’s doubtful, but not impossible).

China has a lot of things against it.  For instance, the technological disparity between itself and its would-be colonized is not as significant as it was when the whiteness colonized the world.  In general, technology is more democratic than its ever been in human history, and I suspect that condition will only improve.  The gap between large-scale technological development and small-scale technological development has shrunk considerably, and continues to shrink.

The ability for a people to collectively share the abuse the colonizer might impose upon the colonizee is far more than it was when whiteness colonized the land, so China’s ability to hold onto its assets on paper will depend on its ability to restrain its Han supremacism from leading them to act too brutally to their lessers.

This news only adds to the evidence that the dragon has not grown up and is assuming it can do what Empires once could do a hundred years ago.  Let us hope the Galapagos are spared an extinction event post China’s inevitable expulsion.

NEWSWATCH BLURB:

China to Latin America: All your fish belong to us www.manilatimes.net
Excerpt:

In a news report by Inter-Press Service (IPS) last month, 631 Chinese-flagged fishing vessels were reported to have entered Peruvian and Ecuadorian waters so far this year. Over the past two years, Chinese fishing in the territorial waters or the exclusive economic zones (EEZ) of the South American countries bordering the Eastern Pacific has skyrocketed. This year’s number of vessels already exceeds the 584 logged in all of 2021, which was in turn a sharp increase from the 350 ships in 2020.

The typical season for the Chinese fleet begins in April or May, when they arrive in the Eastern Pacific off Central America and northern South America. The fleet then gradually works its way southward, eventually passing through the Strait of Magellan into the South Atlantic to fish the waters off Argentina, Uruguay and Brazil.

Most alarmingly, Ecuadorian authorities have accused the Chinese of fishing with impunity in the Galapagos Islands, the world’s most biodiverse region, and which is surrounded by a 193,000-square kilometer marine protected area. Under Ecuadorian regulations, only “artisanal” fishing by a limited number of local fishermen is permitted in the Galapagos as part of the country’s resource management program for the marine protected area.

Read Full Article

Russia Looks to China for Security

Russia is reaching out to China to become more closely integrated with one another’s security interests.  A recent visit by Nikolai Patrushev, secretary of the national Security Council, sought to create closer security ties with China.  Patrushev is considered an inside man in the Putin Kremlin.

NEWSWATCH BLURB:

Russia seeks closer security ties with China as key goal www.sandiegouniontribune.com
Excerpt:

A top Russian security official declared Monday on a visit to China that the Kremlin considers beefing up ties with Beijing as a top policy goal.

Nikolai Patrushev, secretary of the national Security Council chaired by Russian President Vladimir Putin, described the “strengthening of comprehensive partnership and strategic cooperation with Beijing as an unconditional priority of Russia’s foreign policy.”

Patrushev is one of Putin’s closest associates. Speaking during a meeting with Guo Shengkun, a top official of China’s Communist Party, he said “in the current conditions, our countries must show even greater readiness for mutual support and development of cooperation.”

Patrushev’s office said in a terse statement after the talks in the Chinese city of Nanping that the parties agreed to “expand information exchanges on countering extremism and foreign attempts to undermine the constitutional order of both countries in order to derail independent…

 

Read Full Article

China’s Rwanda Road-Buidling Coloniziation Goes Ahead

China is building roads in Rwanda, and it’s helping them make the struggling third world country another African colony to colonize.  A nearly 8 mile stretch of road between the capital of Rwanda, Kigali, and the Bugesara International Airport serves Chinese colonizers better than it does Rwandans.

NEWSWATCH BLURB:

Chinese-financed road helps ease traffic flow, movement of goods in Rwanda www.globaltimes.cn
Excerpt:

A road upgrading project in Rwanda contracted to China Road and Bridge Corporation (CRBC) has helped ease traffic flow and advance seamless trade along the Kigali-Bugesera district, eastern Rwanda.

The upgraded road, stretching 13.8 km, starts from the Sonatube roundabout in Kigali, the capital of Rwanda, through the Gahanga sector to the Akagera bridge in the Bugesera district. It forms part of an avenue leading to Rwanda’s new Bugesera International Airport located 40 km south of the Kigali International Airport.

Read Full Article

China to Build Naval Base in Cambodia

China is set to build a naval base in Cambodia after an agreement that also includes aid and investments.  The investments will come in the form of loans.  The base, Rheam Naval Base, will be upgraded by Chinese capital.  The move is partially the result of Cambodia’s increasingly bad relations with the US, which includes economic sanctions.

NEWSWATCH BLURB:

Chinese naval base in Cambodia raises security concerns, debt trap threat www.devdiscourse.com
Excerpt:

Aiming to establish control and authority over global politics, China’s upcoming naval base in Cambodia could be the latest example of establishing and fulfilling Beijing’s hegemonic interests in Southeast Asia. Both China and Cambodia took the first steps on a Beijing-funded upgrade of the Ream Naval Base in the southern part of the country.

The launch of the project at the Ream Naval Base, which Cambodian officials said will use aid from China to renovate the port, comes amid Western concerns that Beijing is seeking a military outpost at the Gulf of Thailand facility, CNN reported. Jakarta Post reported that the key factors behind China’s choice of Cambodia are the political background of good relations with the non-democratic Hun Sen regime in Cambodia, as well as suitable economic background for Chinese investment and businesses.

Read Full Article

Next Moves In Ukraine September 10, 2022

TLDR: Russia has not “collapsed”, as some say, and the old nasty Bear may still have some very unpleasant surprises. The Ukes’ offensive against the Orcs has been brilliant and not unexpected, but this is far from over.

The Orcs could husband air power for a massive wave of attacks, over 200 sorties, aimed at the Ukes’ command and control centers and supply hubs. The Orcs could marshal forces into Byelorus and debauch upon the Ukes from the north. Other surprises we cannot even foresee are equally possible. The Ukes no doubt also understand this and don’t seem to underestimate their terrible foe.

It is expected the Ukes will attack from Oleksandrivka, east of Kherson, down the T1505 road and the E97 highway to Antonivka and then toward the neck of the Crimean Peninsula, bypassing the Orcs in Kherson, and cutting off Crimea. This would end all southern resupply to Russian forces in the southern coastal region.

The Ukrainian offensive in the east and the strangulation of Russian forces in the Kherson Oblast are taking the Kremlin by surprise and jeopardizing their attested goals, which include essentially the dismemberment of Ukraine as a contiguous country.

Russian forces under Vladimir Putin include ethnic Russians who betrayed Ukraine, the Bagner Group and other mercenaries, as well as their own armed forces. These forces have been suffering a series of setbacks as their front lines are pierced. The Ukrainian blitz operations in and around the Kharkiv to Izium sectors have resulted in what some call a collapse but others claim to be a hasty tactical withdrawal. The point is that vital territory for the Russian war machine’s operations has been lost and dramatically so. This is not a collapse.

Meanwhile, in the Kherson Oblast Ukrainian forces announced well in advance their intentions to attack. That offensive is going slower going, however the supply situation is concerning for the Russians. It begins to appear the Ukes, our shorthand for Ukrainians, are conducting an aerial encirclement aimed at turning the Russian, hereafter Orcs for shorthand, occupied areas into a massive killing zone.

The Orcs cannot leave the area on account of the loss of vital bridges across the Dnieper but they cannot get substantial resupply either. The Ukes evidently pushed slow but steady. The Orcs sent in massive reinforcements. Perhaps 25,000 troops are now in a cauldron of constant air and artillery fire and who cannot attack nor be moved.

This may seem to have been a feint. It is reasonable to predict the true target remains an axis running from Kherson down to the neck of the Crimean Peninsula. The goal is to cut off the Orcs in the southeastern coastal zones of Ukraine from Crimea and to close on the massive Russian bridge at the Kerch strait. No doubt the aim will be to destroy that bridge and essentially bleed the Orcs on the peninsula while further isolating those on the southeastern shore, including Mariopol.

While gains in the east are desired, the true target is Crimea.

I would expect the Ukes will have a day to three more days to run wild in the east before the Orcs stop them and attempt counter offensives. This likely to be done in the Donbas and Luhansk regions both for tactical and face-saving reasons. The Kremlin could risk losing control of the narrative internally, desperate measures will take place, and they will probably push back or gain ground.

The Russian high command has not shown they have more than a one-dimensional view. This means they are reactionary and are likely to shift focus to the Donbass and Luhansk, per their own statements, and assume the Kherson attack was an elaborate feint.

This doesn’t mean the attack in the east, which was a surprise, is itself a feint, some sort of 4d chess. The Ukes saw an opportunity and were able to move forces quickly, but they remain focused on Crimea because unlike all other areas, if Russia loses Crimea the prestige loss at home will become critical and force Putin to the table.

Will Russia mobilize?

The problem is that the Russia of today is not the Russia of the past. Russian mobilization could add a million men on paper, but their ability to supply them is simply not there. An open question at to whether this would tip public support away from the war remains, but the likelihood of this producing unrest is very low.

Putin is a true believer and this war is not over. Battles lost do not mean a war is lost. There are many possibilities for Russia to find new and unexpected angles of attack that would turn things around for them. The Russians could do the same thing and husband forces for their own surprise attack out of Belorus, for instance, or mass an air war that sends in hundreds of daily sorties per day.

The Russian Bear is dangerous, but he is definitely bleeding and limping, and that is most worrisome, however the Ukes seem to understand this about the Orcs.

Update September 11, 2022- It appears the Ukes are now entering Lysichansk and Sverodonetsk which took the Russians months to take from them.

Queen Elizabeth is Dead, Long Live King Charles

The end of the second Elizabethan age has come with the death of the 96-year-old Queen Elizabeth II.  Her son, Charles, will become the new monarch.  He will be called Charles III, the first Charles since Charles II, who was the son of Charles I, the King executed by Oliver Cromwell’s Levelers.  Charles II was the restored monarchy after the death of Cromwell.  Will Charles be the symbolic rebirth of the first or the second eponym predecessor?

NEWSWATCH BLURB:

Queen Elizabeth II Dead at 96 after 70 Years on the Throne www.cbn.com
Excerpt:

Queen Elizabeth II, Britain’s longest-reigning monarch and a rock of stability across much of a turbulent century, died Thursday after 70 years on the throne. She was 96.

The palace announced she died at Balmoral Castle, her summer residence in Scotland, where members of the royal family had rushed to her side after her health took a turn for the worse.

Read Full Article

 

NEWSWATCH BLURB:

Prince Charles Becomes King At Age 73 Following Queen Elizabeth’s Death www.huffpost.com
Excerpt:

 

Prince Charles is king at last.

The British heir apparent, who is 73, ascended to the throne following the death of his mother, Queen Elizabeth II.

“The Queen died peacefully at Balmoral this afternoon,” the palace said Thursday. “The King and The Queen Consort will remain at Balmoral this evening and will return to London tomorrow.”

Read Full Article

Mega-Trends For The Next Decade

Mr. Sune Hojgaard Sorensen, a strategic and economic Advisory Board Member of the BFI Capital Group, has identified what he calls three defining mega-trends he believes will feature prominently in the next decade, all of which have been massively accelerated by Covid.

1. DIGITALIZATION AND TECHNOLOGICAL INNOVATION

“According to a study conducted by McKinsey & Co in November of last year, in response to the crisis, companies have accelerated the digitalization of their customer interactions, accomplishing three or four years of progress in just seven months!” Further, Sorensen notes that “Value has moved from the tangible to the intangible, or a combination thereof.”

In 1975, only 17% of assets on the S & P 500 were intangible (patents, brand value, customer data, etc.), while 83% were tangible (buildings, equipment, cash, inventory, etc.). Today, 90% of assets are intangible. Digital finance, tele-health, remote work, online education, virtual entertainment, automation, and robotics will only increase in use.

2. THE RISE OF THE EAST

Consider that over 3.3 billion live in the countries of India, China, Indonesia, Bangladesh, and Japan alone. The world’s largest shipping hubs are now in the East, and Asia’s market share has massively expanded in the past 100 years. Despite the talk of “decoupling” from China, many businesses have shown little interest in doing so.

According to MacroPolo, “Foreign businesses are just one gauge of decoupling, but they are particularly important leading indicators of shifts in supply chain ecosystems. In 2020, the respective portions of US (87%) and European (89%) businesses indicating no intention to leave China are as high or even higher than they’ve been in recent years.”

According to MacroPolo, “Foreign businesses are just one gauge of decoupling, but they are particularly important leading indicators of shifts in supply chain ecosystems. In 2020, the respective portions of US (87%) and European (89%) businesses indicating no intention to leave China are as high or even higher than they’ve been in recent years.”

World's Largest Shipping Hubs Data
World’s Largest Shipping Hubs Data
1. BIG GOVERNMENTS, BIGGER DEBT

Essentially, the US has transitioned from real engineering to financial engineering. Sorenson highlights the Congressional Budget Office projections, which predict that US Debt to GDP will pass the historical high of 106 in 2023, and in 2050 will hit 2.5x what they were at the end of 2020.

But Sorensen believes this could spell opportunity for strategic investors. “Beyond the debasement and the financial repression, big government and even bigger debt will also bring plenty of opportunity to those entrepreneurs and investors who can take a pragmatic approach, see through the smoke and mirrors, and identify the sectors that stand to benefit from all this largesse, deploying their efforts and capital accordingly.

Consider that while millions lost their fortunes in the Great Depression, those who understood the times and were wise enough to get out early (like Joe Kennedy, Sr.) were able to buy stock after the crash for pennies on the dollar, becoming millionaires in the process.

India Broadsides China with “Militarization” of Taiwan Strait Accusation

NEWSBLURB:
India first time refers to ‘militarisation’ of Taiwan Strait by China

From currentaffairs.adda247.com
2022-08-30 04:22:50

Excerpt:

India has for the first time referred to what it called “the militarization of the Taiwan Strait”, marking a rare instance of New Delhi appearing to comment on China’s actions towards Taiwan. The Indian High Commission in Sri Lanka released a statement in which India accused China of “militarizing the Taiwan Strait.”

Key points:

  • India made the statement after a Chinese military research vessel docked at Sri Lanka’s Hambantota port for a week.
  • Recently, China completed its large-scale military drills around Taiwan in response to the visit of US House Speaker Nancy Pelosi to Taiwan.
  • India has followed a “One China policy” since 1949 and maintained trade and cultural relations with Taiwan. India stopped mentioning this policy in its official statements after 2008.

Read Full Article

Main

Back FREEDOM for only $4.95/month and help the Freedomist to fight the ongoing war on liberty and defeat the establishment's SHILL press!!

Are you enjoying our content? Help support our mission to reach every American with a message of freedom through virtue, liberty, and independence! Support our team of dedicated freedom builders for as little as $4.95/month! Back the Freedomist now! Click here