Today’s video is kind of a case study in the importance of striking while the iron is hot. I was very, very excited to make this video a month and a half ago. An outline, and copious notes came to mind almost instantly. But instead of finishing off the script, I focused on the other two videos in the series, confident that this would be a big blow-out finale. Early next week when I finally sat down to write this script, I was a bit non-plussed. The ideas and the outline still made sense to me, but the vigor and rigor of the ideas have gone flabby. I don’t know. The video still makes some worthwhile points. But I’m not particularly happy with the final execution. I am, however, happy to have finally said my piece on cryptocurrency. Should be able to avoid this topic until the next run up in price a couple years from now.
Today’s video is an attempt to bridge a gap I see in a lot of economic discussion on twitter, in academia and in mainstream journalism. There seems to be a growing sense that the US economic consensus is changing in a bigger way that it has for four decades. The old Reaganite consensus seems to be falling apart. Some deplore this shift, but many more seem to love it. What neither the pro- or anti-camp seems to be doing in a serious way is reckoning with how cryptocurrency fits into this picture. This is a major oversight. How can we talk about the economy, money and finance without discussing a growing insurgency against all of those things? Today’s video attempts to put the two pictures together, and point out that Crypto ideology is very much on one side of this broader economic debate.
I’ve been bothered by Cryptocurrency for quite some time. I started following it seriously again after the 2017 peak and crash. I’ve always been leery of talking about it because I so fundamentally did not get why it continued to be a thing. After researching it at great length in recent months, I’ve come to the conclusion that it’s the world that’s crazy, not me. If cryptocurrency continues on its current trajectory, it’s got a lot of terrifying implications. I begin to unpack those in this video, which is intended to be the first of three.
One of my goals with this channel is to constantly add to the breadth of countries covered. I think today’s video does a great job of doing exactly that. You’ve certainly heard me complain about Libya before, but I’ve always avoided this aspect of the tragedy, because it’s just so damn complicated. There are a lot of moving parts to the fall of the Sahel. Two developments convinced me to take the time necessary to make this video happen. One negative, and one very positive. The death of Chad’s president at the hands of a militia trained in Libya, and the almost miraculous ( and very tenuous ) emergence of a unified government in Libya. Diving into Chad, and comparing it with what I know about Sudan gave me some more perspective on the region. Obviously, I am barely scratching the surface here, but I feel like this is a crucial piece of information for understanding this vital region of Africa. I also enjoy the way the information was conveyed. I hope you do too!
Let me explain something about the psychology of Americans to any Hamas supporters or anti-anti-Hamas folks who may be out there. This could just be me, but I think it probably applies much more widely. In recent years I have been falling away from the knee-jerk, no questions asked, pro-Israel stance I was born with. For a week now I have been following events in Israel & Palestine with growing outrage. I am stewing about the injustice of what now seems to be a permanent state of apartheid. I spent the past two days putting together a video condemning the occupation and urging change. After the news that 20 Gazans had been murdered, including 9 children, I became even more outraged, and spent last night looking for ways to make the video more scathing and angry…
…and then I woke up this morning to find that Hamas had successfully murdered two Israelis.
I just spent the morning making my video more mild and milquetoast and “Both sides”. I briefly considered bagging the vid entirely and running a rant on that pipeline attack instead. You can already see the effects in this post. I say Hamas murdered Israelis. But I just said that the Gazans were murdered. By who? Who knows? I am an American and Israelis have been murdered, I don’t care anymore. Is this unfair? Of course! I am deeply conscious of this messed up psychological tic that still values Palestinian life about a tenth as much as Israeli life. I hate that about myself. But it’s still there. And I am somebody who is trying to do better. A lot of people who may have been paying attention to this conflict for the first time will now tune it out entirely. “Sad they can’t get along, not my business.” Today’s video, which I will still run, highlighted a shift that I was seeing in US media post-Trump, and post-War on Terror. This Palestinian uprising felt different. US media was paying attention and getting beyond the AIPAC talking points. This uprising no longer feels so different. Hamas rockets have sent this set of “clashes” straight back to the standard media playbook. We ARE in a new era. Palestine does have new opportunities. But none of them will be realized with this old playbook. Hamas is the Israeli occupation’s best friend.
Ahhh, poor Hillary Clinton. One of this channel’s first great successes was a polite video explaining why she shouldn’t be president, and here I am now, fondly wishing she had won. To be clear, I made that video all the way back in 2014, I took that video down after Trump was nominated, and I kept it down throughout the 2016 election. There’s no question in my mind that Clinton was a more competent politician and would have made a better president than Donald Trump. Today’s video makes it clear how much the world lost when she lost the election in 2016. But Politics is always more complicated than the personality of individual contestants. Today’s video attempts to play the tape all the way through, and look at the ways that any Democratic president might have been defeated by the absurd politics of the Coronavirus in the United States.
Does the United States do any strategic thinking at all? During the Cold War the United States was focused on defeating the Soviet Union, and everything was secondary to that. Even the insult of the explicitly anti-American Iranian revolution was largely ignored in the name of fighting the Soviets. The US government colluded in arming Iran during the 1980s after all. But for the thirty years since the cold war it really hasn’t been about focus… it’s been about finding or creating the enemies necessary to keep the defense money flowing. We’ve been going everywhere and been acting as offensively as possible to keep the world dangerous.
We have clearly reached the limits of that approach. Biden’s supposed withdrawal from Afghanistan (I’ll believe it when I see it) could be an early recognition of this. The US is still overwhelmingly powerful, but when we’re on the border of an enemy that cares infinitely more about a piece of territory than we do, like Ukraine or Iraq or Taiwan, we can’t effortlessly exert our will anymore. If we continue to act as unwisely as we have in the past two decades, we seriously risk getting caught out in a much more serious way than the Iraq disaster. The most obvious way this could happen would be if we somehow blunder into a simultaneous war with Iran and China, in two different regions. With today’s video I examine that possibility, and come to the obvious conclusion that the best thing we can do for the security of Taiwan is get back into the Iran nuclear deal. Fewer enemies mean we might be able to more effectively compete in the rivalries we maintain.
I have been meaning to get today’s video out for quite a while now. I didn’t plan on it, but it’s coming out at a pretty useful time as well. After months of dithering, and posing for the benefit of hawks in the United States, the Biden administration has finally sat down to talks with the Iranian government. It’s not clear why they need to talk, the Iranian position is pretty clear… Iran will comply fully with the JCPOA if the US complies fully. But nonetheless, it is a heartening step that the negotiations have finally started. I am happy to be making this argument for the Iran Nuclear Deal at this time. This video is meant to persuade. I tried to make it less angry and more shareable than some of my other videos on the topic. If you think I succeeded, please share it widely.
Today’s video was initially supposed to be two separate ones, one on the FBI coups, and one comparing the Russia hoax and the Iran panic. Rather than try to fluff up both videos with rants, to make them long enough for the algorithm, I thought I would try just tacking them together. The topics strike me as working well together. The structure that evolved also convinced me to drag in Robert Kagan, Victoria Nuland and Ukraine again, all topics I have been needing to cover for quite some time. I think the whole thing hangs together well. Is it too packed with info though? Let me know.
I have been meaning to get this, and its follow on videos, out there since November. It’s pretty clear to me what Biden has to do to ensure that Donald Trump does not find his way back to the white house. I’m sure it’s not surprising that I think foreign policy is key to this. I’m biased for sure. But it really does seem clear to me that ending the forever wars isn’t just the right thing to do, but it’s also the best way for Biden to achieve political success. It’s just such low-hanging fruit politically speaking.