The Trump team plans to tinker with government spending, but this does nothing to address the real problem which is the current inflationist monetary experiment.
Original article: Under Trump, Expect No Change to the Monetary Status Quo
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The Trump team plans to tinker with government spending, but this does nothing to address the real problem which is the current inflationist monetary experiment.
Original article: Under Trump, Expect No Change to the Monetary Status Quo
Today on the Gist we go back to 2020 where Mike talked to New School Professor and MSNBC contributor, Maya Wiley. She is also the former chair of the NYC Civilian Complaint Review Board - an independent oversight agency of the NYPD. She and Mike talk about how civilians and police officers hold the force accountable, how they’ve failed and the level of complaints they take seriously. Finally, we play a spiel from earlier in the week.
Produced by Corey Wara
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By S.J. Fowler and Max Porter
The principles of investing are fairly simple to understand. Application requires some intensity.
William Green is the author Richer, Wiser, Happier: How the World's Greatest Investors Win in Markets and Life. Green also hosts a podcast with the same title. Robert Brokamp caught up with him for a conversation about:
- What successful investing comes down to.
- The personality traits of market beaters.
- Investing lessons from Charlie Munger, Howard Marks, and John Templeton.
Companies mentioned: BRK.A, BRK.B, MKL
Host: Robert Brokamp
Guest: William Green
Producer: Ricky Mulvey
Engineer: Rick Engdahl
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We meet a volunteer vet who helps animals in need around the world. He says it's taught him to love life, and accept people. Also: an 88 year old foster dad; the joy of rare baby frogs; and why a pub gave away 300 pints.
On this edition of “Victor Davis Hanson: In His Own Words”, Hanson talks about the current status of the Mexican-American relationship.
Currently, the United States has a $100 billion plus trade deficit with Mexico.
Days after taking office, President Trump directed the U.S. military to begin deportation flights to Mexico. Mexico initially refused, only to concede days later.
Trump threatened to impose a 25% on Mexican imports unless America’s southern neighbor took concrete action to curb the flow of illegal aliens and drugs across its borders.
A day later, Mexican President Claudia Sheinbaum caved, sending 10,000 national guard troops to the U.S. southern border.
“What is the Mexican-American status quo now? It's very disturbing. We sent deported criminals back to Mexico and they would not allow them to land in Mexico. We had people of the cartel shoot an American citizen on U.S. land and shoot at our Border Patrol. So, what is Mexico? Is it a neutral? Is it an ally? Is it an enemy? Is it a frenemy?”
“So, I don't know what Mexico is, but I know what we can do about it. 20% tax on anybody who sends, anywhere in the United States, money back to Mexico. That would raise about $12 billion dollars. That would send a message. And then we have a tariff. Donald Trump says he's going to do it very quickly and that would tell Mexico, “you're not going to run up a $167 billion under the guise of the North American Free Trade [Agreement].”
For Victor’s latest thoughts, go to: https://victorhanson.com/
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Depending on how you define it, there are about 193 to 200 countries in the world today.
Over the last 100 years, that number has been constantly increasing. Sometimes, the number goes up a lot in short periods of time, and other times, there might be decades between the creation of a new country.
There hasn’t been a new country created since 2011, but it is entirely possible that we might make new additions to the list of nations before this decade is out.
Learn more about the world’s next possible countries on this episode of Everything Everywhere Daily.
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