Man, Timing can be awkward sometimes. My programming choices tend to be pretty free from influence of outside events. If something important happens, I’ll react to it, usually with a live video, but other than the 2016 US election and Brexit vote, I rarely tune my content towards things that are happening. I decided to finally address the Mueller investigation with today’s video, simply because my thinking on it matured to the point that a video became possible. I’m talking about Mueller investigation this week, because I finally thought I had something worth saying about it…
What I didn’t expect when I wrote this a couple weeks back, was it coinciding so directly with the Putin-Trump summit. And I certainly didn’t expect Trump to put in the performance he put in yesterday. I think the reaction to Trump’s mealy-mouthed and sycophantic approach to Putin is a bit over-blown, but only a bit. It was pretty pitiful to watch, and if you’re more invested in myths of US virtue and power than I am, it must have been especially painful. The reactions, both from my friends, and from social media have been pretty intense. The folks who have always been convinced that Trump is a Russian tool are now adding to their ranks. It’s kind of an odd environment to be releasing a video skeptical of the Mueller investigation into, but hey, that’s what I’m doing! Can’t wait to see how it goes…
Today’s video gets into some very interesting territory that I hope to cover more in future (years?). So much of today’s politics in the United States is rooted in this weird idea of “whiteness” and who is a “good American” and who isn’t. These dumb, dumb conversations are of course as old as our republic. Let’s leave aside the fact that the “realest Americans”, the indigenous, and African Americans (few of whose ancestors were forced here after the early 1800s), are somehow never invited to the party.
What today’s video gets into in a small way, is the role of folks from our last (much larger) wave of immigrants around the beginning of the 20th century. It sometimes seems like it’s the newest members of US “whiteness” that are the most vicious in its defense. I’m thinking specifically of the very Irish Sean Hannity, and the very Italian Jeanine Pirro of Fox News. In a small way, the largely illusory “clash” between Trump and the Establishment is a clash between a fresher 20th century New York, Italo-Irish version of whiteness, and an older version. It’s the Nouveau Riche vs. the folks who never let them into their yacht clubs.
This too is a tale as old as time. I’m not sure if it’s seen as not polite, or just plain not relevant to bring up, but I think it’s worth focusing on a bit. You can’t really understand the silliness of conversations around Latinos and other immigrants without understanding how foreign the Irish, and later the Italians, Slavs and Jews were once seen. This idea of “Real America” or “Whiteness” is becoming more and more of a focus of the Trump administration’s public profile. Today’s pardon of the Hammond family, a goal of domestic white terrorists, is one example. As I’ve said before, Trump’s presidency is almost certainly the dying gasp of an older version of “Real American”. Presidential politics has served this role before, though in a more positive sense. John F. Kennedy’s election in 1960 symbolized the acceptance of Catholics into the US mainstream. It didn’t prompt a Trumpian reaction the way that Obama’s presidency did. But that doesn’t mean that Trump’s version of White supremacy is any less dead than the WASP ascendancy is. Like I said, we’ve seen this story before. A new US identity is already forming. That’s why the “whites” are so pissed. Obama got into the yacht clubs before they did.
Is there a contradiction in the foregoing paragraph? Absolutely. And I think it’s worth exploring further. Someday.
Sigh. Sunday’s election in Turkey was pretty depressing. Erdogan won re-election as president of Turkey, and his coalition retained a majority in the Turkish parliament. This puts him in a dramatically more powerful position. The recently revised constitution makes the President the center of Turkey’s political system. And with this election, the office of the Prime Minister is done away with, and Erdogan is now in more full control of the country than he has ever been.
You can find an infinite number of articles talking about how bad this development is, and I largely agree with them. But I remain optimistic about Turkey, just in the longer term. Here are two things to make you feel a bit better…
First, this is exactly what we expected when the elections were announced a couple months back. I have said repeatedly in my Turkey videos that I expected Erdogan to win the next couple elections. This has happened. But over the past two months, something really exciting happened. The CHP, the party that has failed to adequately oppose Erdogan for almost two decades now, finally put up a candidate that people actually liked. Muharrem İnce is likable, has a compelling story, and actually seems to be a decent leader, which is at least two things, if not three things that the CHP’s leader Kemal Kılıçdaroğlu does not have. In the weeks leading up to the election, İnce held rallies attended by literally millions of people. This, combined with the founding of Meral Akşener’s Iyi party last year made people surprisingly hopeful.
Those hopes were dashed. The AKP, in an alliance with the (suspiciously successful) hyper-nationalist MHP party, has managed to hold onto a majority in parliament, and Erdogan himself was re-elected. This sucks. But it’s exactly what we expected out of this election before we got our hopes up. The opposition parties remain very successful in Turkey in spite of some truly extraordinary obstacles. We shouldn’t get too depressed about something we expected all along.
The Second reason not to get too depressed about this election is the topic of today’s video. Turkey’s economy is a mess. It’s been on the edge for years now, and 2018 has a good chance of being the year when it finally tips over. When that happens, whether it’s this year or next year, Erdogan will own it completely. Last week, as people were getting more excited about the possibility of an upset, all I could think about was 2015. In June of that year, Erdogan’s party, the AK party, lost its parliamentary majority for the first time. I was quite literally dancing in the streets that June. But because the opposition parties were a disaster, they couldn’t get it together to form the coalition government necessary to get rid of Erdogan. He was able to create a new crisis with the Kurds, and call a new election. He won that 2nd election in November 2015. That felt a lot worse than Sunday did. For me anyway. If the opposition had won this time, I could have easily seen that happening again. It wouldn’t have been the Kurds this time. The economy could have crashed, and as President, Erdogan could have blamed the opposition and called a new election. We’re not going to have to do 2015 again, and for that at least I’m grateful. Today’s video lays out just how difficult a time Erdogan is about to have with the Turkish economy.
With today’s video we go all in on discussing the US stock market. There’s this idea that stock markets are somehow rational, or serious. People who talk about it are always wearing suits, and we put a lot of effort into making all the details of interest rates, portfolio management, and valuations seem boring. The stock market is none of these things. In fact it’s nuts. By going through the history of the “Trump Bump”, I attempt to draw the curtain back a bit.
Unfortunately, watching the video, I think I screwed something up. It’s not that the story I put forward is wrong, it’s just that I left too much out. The video falls into the “Presidents impact everything” school of commentary. I hate that school. The differing views market makers took of Trump and Obama are tremendously important to this particular economic story, but that doesn’t mean that presidents are actually all that powerful. I really don’t want to create that impression, and I apologize if I did so with this video.
I feel like markets and economics have been an underpinning of what I’ve been talking about for quite some time now. It’s been a troubling thing for me. There’s always a lot of certainty when these issues come up in political discussions, but usually almost nothing backing up that certainty. The conditions we’re looking at are always changing, and the theories that people gravitate to are some of the least proven imaginable. Economics has pretensions to being a science. But the variables are immense, and there’s really only one result.
We have one world economy, and its performance at any given time is the only thing that we have to point to, to see whether our theories are working. There is no control group. Most of the figures we rely on to measure what’s going on are little better than rough estimates, and the political consensus rarely lasts a decade. I have high hopes for the profession of economics. People are doing amazing work in the field, and the move onto the internet that our species is currently undergoing provides the possibility of real measurement (and Orwellian nightmares). I’m confident that the future is bright, but I think we all need a lot more humility in talking about the economy. Which is why I made today’s video, and why I’ll be adding to the series in the coming weeks…
This video does a good job of laying out how ridiculous the “Democracy is Dying!!!” story is. But what it doesn’t do is lay out why the story gets so much play. The sad fact is that it’s useful to powerful people in the United States. Once again, it all comes back to the US military industrial complex. The wise men of the Pentagon have realized that “Terrorism” is losing its power as a motivating factor. Despite the best efforts of Trump & Co. it’s obvious that general white loser angst has had a much higher body count in the US over the past decade than “Radical Islamic Terrorism”. So we need something else to be scared of to justify our absurd military budgets. That’s why this narrative gets so much play.
The idea is that if “Democracy is Dying”, the world really is “more dangerous than it ever has been” as the Pentagon keeps telling us. I may do a video on this in the coming weeks… I’d be interested to know how much relevance this story has beyond the national security nerd twitter bubbles I frequent. In those circles this “Democracy is Dying” story has become the conventional wisdom. Is that the sense you get where you are at as well? Let me know in the comments.
In recent months I’ve realized that there’s a gaping hole in my “Yemen’s Disaster” series. The series does a good job laying out the many different divisions within Yemen, and between the sponsors of differing sides in Yemen’s civil war. But it leaves out the very important role of divisions within the “Saudi Coalition” that has been destroying the country. The United Arab Emirates, supposedly allied with Saudi Arabia, has been pursuing a very different strategy, which is laid out in this video.
I don’t necessarily have too much trouble with hypocrisy. Any adult realizes that we’re all hypocrites to some degree. But we should know what we’re doing. And the level of hypocrisy illustrated in today’s video is pretty extraordinary. Yemen and Ukraine are two of the world’s hot spots. Essentially the same thing is happening in both countries. A more powerful neighbor is trying to invade and change them. If we care about international law, we should be more willing to make these comparisons more often.
Also, watching today’s video, I realized that I’m being deeply hypocritical in the video. I was so excited to make this comparison that I left my own country out of the analysis. The United States invades countries more frequently than anybody else does. The vid should definitely have mentioned that. But I think the point still stands. One day the US might be able to be constrained by international law as well. If we’re going to get there, we have to be willing to try to look at all conflicts with a little more objectivity. Which is hard for hypocrites like us…
Watching today’s video, I don’t think I really hammered home the point I was trying to make with the section on Wolf Warrior 2. So let me do that here. The Chinese public is being primed to embrace the idea of “humanitarian” intervention in Africa. Modern China doesn’t have much of a history of international adventuring (other than scoring points on its borders with India and Vietnam), but “Chinese Hollywood” is doing its best to build support for it. The Chinese public apparently has a tremendous appetite for this kind of film. If you look at this list of the biggest Chinese blockbusters you can get a sense of just how dominant Wolf Warrior 2 has been. But following up in second place we have this year’s Operation Red Sea, which is apparently a vastly exaggerated recounting of the Chinese Navy’s extraction of Chinese nationals from the war zone in Yemen.
I actually sat through both of the Wolf Warrior movies, and I have a very long twitter thread to show for it. I’d recommend you read that twitter thread. The first Wolf Warrior film presented a very standard, and very old message. Essentially: “Leave Us Alone!”. The first film provided a bit of weird cognitive dissonance for this American viewer. It was profoundly odd to see all the tropes of large scale US action film making translated into a Chinese context. It was weird fun, but there was little in the message presented to object to.
As you’ll see if you read the twitter thread, Wolf Warrior 2 was not fun. It was downright scary. The messages presented were heavily in favor of intervention, and the whole movie implied that China had a responsibility to help the poor defenseless Africans its with massive military power. This is of course just a mirror image of the messages that Hollywood has been pumping into the US public for decades. It’s profoundly disturbing to see China’s nationalist messaging moving in the same direction. But that’s what is happening. Wolf Warrior 3 is apparently going to be about fighting terrorists. It’s really, really sad to see China adopting the worst parts of US militarist ideology. It’s hard to see how it won’t eventually lead to conflict, as I point out in today’s video.
Oh, and if you want to check out my whole “World War 3” series thus far, which takes a serious look at how this conflict, which I view as being decades off, might take place you can check it out here…