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This is Part 1 of a 2-part episode on the Turkish economy and its ongoing currency/debt crisis. In this part, we will discuss the merits of theory and how they do or do not apply when exposed to reality. We will explore the advice of classical economic theory given to President Erdoğan and the reasons for why he does not follow it, religious aspects notwithstanding.
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France recalled her ambassadors to the US and Australia; the EU is threatening economic consequences; a renewed call for a European army gains steam as trust in the US and NATO ebbs. All this as the Indo-Pacific region holds its collective breath for an uncertain future due to a botched Australian submarine program.
In today's episode we analyze the technical and doctrinal merits of attack submarines, discuss the geopolitical fallout from the AUKUS submarine deal, and explain what it truly means to be "America First".
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Billionaires are often paraded as the "saviors of the economy" with their ability to create jobs. With Capitalism relying on the efficient flow of capital, we examine what that efficient flow means and who is best equipped to supply it. In this episode we investigate the difference between business and government and how applying business principles to politics can be deadly to the State.
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COVID was supposed to be that "Independence Day" external threat that would unite us all. Instead, it divided us. How did that happen? In this episode we talk about the danger of statistics and how lies can be less misleading than carefully selected truths.
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In this episode we comment on Bill Maher's October 8th show regarding the US border "crisis" and the Democratic Party's failure to properly market their good intended ideas.
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