What a week! Today’s video deals with a troubling aspect of all this that hasn’t really begun to be reckoned with yet. Because of CDC and FDA screw-ups, and Trump’s campaign against acknowledging the disease, we are only now waking up to the fact that the United States probably harbors more cases of Coronavirus than any other country in the world, including China. This has probably been true for weeks, or maybe even a month. What this means is that our country has acted as a super spreader, sending this disease everywhere. We have the medical capacity to (hopefully!) keep this from being too much of a mass death event. Many of the countries we gave this disease to do not have that capacity. While Donald Trump has done the United States incredible damage with his mismanagement of this pandemic, he may have done even more to harm the rest of the world.
This Coronavirus thing impacts everything. The oil market is no exception. I’ve committed to some pretty strong predictions about the future of the oil market and how it means the end of the current regime in Saudi Arabia. I still stand by all of those predictions, but it’s hard to say whether this current crisis accelerates the timeline, or slows it down. Starting March 6th, Saudi Arabia went to war against every other producer in the world.
I believe that the US oil industry will be the most prominent victim. The sustained period of low oil and gas prices we are about to experience may bring us to an inevitable future more quickly. Saudi Arabia will be the last oil producer. The crucial question remains the price at which they are able to sell that oil for. It’s now possible to envision a future where Saudi Arabia controls price again… but only briefly. Today’s video explains…
I’m not kidding when I say I’ve been agonizing over Coronavirus for months. It’s really quite infuriating how hard it was to get good solid information. China looked terrifying. But all market and government sources in the US seemed pretty relaxed. A couple weeks back only the US government was relaxed, while media was waking up to the shock. It was only two weeks ago that the markets began to reflect what was happening. Now everybody is losing their shit, just as China seems to be recovering. It’s all a mess.
When it comes to history, I usually know as much or more than any journalist I am reading. That’s not the case with diseases and epidemiology. It seemed like everything I read contradicted the last thing I read, making it impossible for me to say anything definitive. Eventually I gave up on talking about the disease. It’s too late to warn folks, we are now at the crisis, which is what today’s video covers. I feel like I’ve kind of let the viewership down. I knew this was coming for a while now, but I’m only now adding to the panic pile with this video. Guess I should bone up on biology for the next plague.
I have meant to do a series on frozen conflicts for a while, and I’m glad that my North Africa focus has finally led me to do a video on one of the oldest and dumbest. The frozen conflicts in the former Soviet Union are probably the most famous, including Nagorno-Karabakh in Azerbaijan, Transdneistria, Ossetia and South Abhkazia in Georgia, and now Donetsk and Luhansk in Ukraine. These conflicts are famously a way for the dastardly Putin to keep his border unstable, and maintain a Russian sphere of influence. The conflicts that the US maintains aren’t generally referred to this way, but they serve the same purpose. Korea, Afghanistan, Iraq and now Syria are also frozen or lukewarm conflicts that the United States maintains for its own (wrongly) perceived strategic interest.
Most of these conflicts are unlikely to be solved, because a regional or world power has an interest in them. That’s not the case for Western Sahara. France definitely has an interest in the continued fight between Morocco and Algeria, but nobody else does really. The fact that this conflict has derailed Moroccan-Algerian relations for almost 50 years is just dumb, as I explain in today’s video.
One of the best things about doing commentary on YouTube is the feedback. Tuesday’s video is the second installment of my series on Algeria. It covers a lot of the same territory as my first video on Algeria, which was mostly just an appreciation of the country’s amazing history. But by posting that first video, I got a ton of comments that helped to guide some reading on my part, that helped me form more confirmed opinions on the country and its history. Tuesday’s video has gotten some very flattering appreciation. A handful of Algerian commentators have pointed out that my coverage is worlds better than any other English language source. This is less a celebration of my work than an indication of how bad US coverage of the country is more generally. I read two books, one of which I don’t find particularly trustworthy, and read about 1,000 YouTube comments, half of which were one sentence critiques of my figures and my neglect of the Berber population. With just that, I was able to do a better job talking about the country than almost any English language journalist. I’m kind of proud of that, but it’s also pretty sad.
All that said, while I’ve gotten a few very positive comments on this video, I’ve gotten many more that are pretty negative. Now that I’m diving deeper into the politics of the country, and making opinions, I’ve triggered a negative reaction. But I take heart from the fact that most of what people are complaining about is my read on the politics of the moment, and what people think of the current president. Nobody is complaining about my take on the history leading up to this year anymore. And with my next video on Algeria, probably a year or so from now, I’ll be able to incorporate criticisms of others. Iterative analysis. I like it.
Puerto Rico should not be a partisan political issue in the United States. The Democrats contemplate the idea of Puerto Rican statehood with glee, imagining that the Spanish speaking public will automatically vote for their party. Donald Trump is using Puerto Rico as yet another stage for his performative racist bullshit. Both sides are missing out on how important the island is to US national security.
This is part of a troubling trend in US politics that continues to grow. We’re really in the last couple decades of being able to ignore everything about world politics. Instead of using this time to position ourselves more intelligently, we’re turning more and more of our national security issues into partisan footballs. Iran, Israel, Puerto Rico, and now Ukraine have become partisan issues, making everybody dumber, and making the world a more dangerous place. Today’s video is a small attempt to push back against this wave of stupid.
I am writing this from Des Moines, Iowa on a very frustrating morning for the Democratic party. The Iowa Caucus reporting system has fallen into a complete shambles, and what was supposed to be the hopeful launch of the process of nominating the Democratic candidate for President has dissolved into chaos, recrimination, and accusations of fraud. It’s a tremendous shit show, and it’s outrageous that a full 16 hours or so after the end of the process we have no idea what actually occurred. It’s easy to get discouraged. But with today’s video I argue that we shouldn’t.
Donald Trump has a lot of levers of power to lean on, and it’s possible that the Democrats will never get their acts together. But Trump will still be Trump. Today’s video lays out why that may be all that matters for this November’s election.
I can’t believe people don’t spend more time talking about the 666 Fifth Avenue bribe (alleged). It’s one of the most perplexing things to me in US politics. The general impression seems to be that it’s kind of funny?! The President’s son-in-law got an absurd bail out on a losing real estate deal, to the tune of over a billion dollars, and the consequences appear to be nil. When he was trying to get the money from China it was rightly condemned, but now that he got the money from Qatar, through Canada, it’s somehow OK? It’s just a thing that happened? As I point out in today’s video, I think Joe Biden and the political culture that he exemplifies has a lot to do with this…
The times they are a’changing! Maybe it’s just turning 40, but I really do think US politics and society are undergoing a bit of a sea change. Nobody can argue that the past three years have been fun. On the other hand, I think that, so far, this period of transition is infinitely less bruising than the one the country went through in the 1970s and 1980s. In today’s video I try to knit the New Deal and Reagan eras into a single narrative of progress and change. It is punctuated with Joker level chaos of course.
I really do believe that 2020 presents an opportunity to help the country move on to its next cycle of growth and progress. I have no idea who would best represent and shape that change. But I do know that whoever gets elected in November, even if it’s Donald Trump, will have that opportunity. I’d really rather it wasn’t Donald Trump. Today’s video sets out my general attitude to US history and the 2020 election. It’s useful viewing if you want to know my biases before this year of election madness.