Tag Archives: Trump

Is US Empire In Latin America Ending? | Avoiding the British Empire 18

This one’s a little ambitious. I hope it will make up for the serious lack of produced videos so far this month. Despite only reading like half a dozen books, and following the news from the region only half-heartedly, with today’s video I’m rolling out my grand theory of Latin America. The parallels between what happened two centuries ago and what is happening today seem too obvious. I really believe that Latin America is going through it’s second wave of independence as we speak, except this time, it’s the United States it’s gaining its freedom from. As an over-arching theory I think it has some explanatory power. I can’t wait to see people poke holes in it in the comments!

I have been thinking about this video for years now. The thing I’m most proud of in this one is the way it attempts to tell the whole story of a region through two world systems, the British and the American one. Hey, if YouTube demands longer videos, no reason not to be ambitious with them.

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Saudi Arabia Is The Stock Market

That old, way over-quoted saying, attributed to Keynes, keeps reverberating in my head lately. “The market can stay irrational longer than you can stay solvent”.

Almost three years ago, I put out a video mocking Saudi Arabia’s investing strategy, calling it plainly irrational and irresponsible, and destined to end in tears. Well, so far it looks like my prediction is a failure. In fact, this investing strategy may be the most successful thing that MBS has done, staving off financial disaster for his country, and in the process making himself just as valuable to US politicians as Saudi Arabia was back in the 20th century when we needed their oil.

This one was interesting. The fact that I need to produce longer videos kind of ambushed me here. I intended to focus on how the MBS-Khashoggi issue is a side-show to what our true priorities should be, but the need to correct my older video on Saudi investing kind of swallowed my scripting process, drawing in Gamestop and some media critique.

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Europe Doesn’t Want The US’s China Cold War (Yet)

It’s amazing how little investment the US has in the priorities of our allies. It’s well established that our foreign policy establishment is utterly incapable of seeing anything from the perspective of any of our “adversaries”. This would be a tremendous problem if the United States were actually in anything like a real competition with anybody. The dumbest actor in a contest rarely wins. But it’s not a contest. At this point, we’re so much more powerful than any of our opponents that it just doesn’t matter (leaving aside moral questions). What we should be doing, in this waning, but still present historical moment, is building up our position with allies, and working to stretch this sweet spot out as long as possible. We’re doing the exact opposite of that, of course.

A system that wants to stand the test of time needs to be aware of, and at least not obstruct, the wishes of smaller members of that system. As today’s video illustrates, we’re not doing that. Our oldest and strongest allies in Europe have opted to kick off the “New Cold War” by committing to an investment agreement… with China. This should be a wake up call. I doubt it will be.

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Israel Palestine Trailer…

I have thought long and hard about each of the three options in this month’s contest to pick the channel’s next topic. But Israel-Palestine is probably the topic I have thought about the most. As somebody who attempts to cover issues in the Middle East, it is constantly thrown in my face. As someone who used to be an avid follower of conservative media I’ve become familiar with one set of arguments, and as someone who spent 6 years living in Turkey I’ve gotten a good look at the other side as well. It’s a fascinating conversation that I think I can contribute to, which I hope today’s video makes clear.

In some circles in the US today’s video could be seen as a blistering attack on Israel. For many in my old world audience, I imagine it could be seen as so wimpy that it betrays the Palestinian cause… I’m very excited for the comments on this one!

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How Screwed Is Saudi Arabia Under Biden?

Over the course of Trump’s presidency, outraged politicians across the US system took many principled stands against Saudi Arabia. With a president who was so shamefully subservient to crown prince Muhammad Bin Salman, Congress, and every democratic politician running for president was free to condemn the country, and propose a number of concrete ways to punish and humiliate the Kingdom’s out of control leadership. My guess is that it is going to be shocking how quickly all of that evaporates.

But, as I lay out in today’s video, that’s not necessarily a reason for despair. An emotionally satisfying blow-up with Saudi Arabia is vastly less important than the end of the invasion of Yemen and the speedy restoration of the Iran Nuclear Deal. That ought to be our true measure of success in dealing with Saudi Arabia.

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Biden’s Presidency Will Succeed or Fail in Georgia January 5th | Election 2020 14

It’s interesting how far my politics have evolved. If you had told me in 2014 that this channel would include a full-throated call for more stimulus spending, even after a year with a near 4 trillion dollar US budget deficit, I would have been appalled. I’m in surprisingly strong company. The inflation hawks and bond vigilantes on Wall Street have mostly retired in failure. The new generation is now just as eager for a big spending government as I am. What happened to all of us was… events. An under-appreciated aspect of Donald Trump’s presidency is the way that he sort of blew up the argument for fiscal conservatism. The Republicans let him do all the economic stimulus that they denied Obama, and the economy really did kick into higher gear. The threatened inflation never happened, and while people are a little less eager to buy our debt, the Federal Reserve seems to have stepped into the breach without consequences.

The only thing standing in the way of the emerging “magic money” era is the Republican Senate. And they’re only standing in the way until they can put a Republican back in power. Which is way I think we shouldn’t let them do that, as I lay out in today’s video on Georgia’s January 5th elections. As I briefly note in this video, however, I still suspect that those failed bond vigilantes and Republican Senators may actually be right. The British Empire fell because it ran out of people willing to give them money, and I think it’s likely that will be the case with us as well. We just don’t know the time scale. And as Keynes pointed out, “In the Long run, we’re all dead”. 2021 is not the year to try to solve the national debt.

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Donald Trump Is Boris Yeltsin | Election 2020 13 | Never Trump IV

Four years in, and after the absurdly good opportunity the pandemic provided, I think it’s pretty clear that Donald Trump is not the authoritarian I was so worried about back in 2016. He may have wanted to be, but he doesn’t have the capacity. That doesn’t mean my country is safe though. We’ve got a pretty good model of where a the flounderings of a clownish can lead a country. Boris Yeltsin is that model. And if the US produces a Putin, he or she will be a lot scarier than anything Russia can muster in the 21st century.

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Sudan Peace Would Be Israel’s Greatest Test | Sudan 2

The Sudan-Israel deal is a pretty impressive accomplishment. Yes, today’s video spends a ton of time undermining it by adding context, but that doesn’t mean it’s not a surprising thing. Trump really has extended the realm of the possible, whether or not this particular deal is the malign flop I expect. There are a lot of people, like me, who find Trump’s various middle east deals outrageous and impracticable, but I don’t think there are many people in Israel or Palestine who think that the pre-Trump dynamic was leading anywhere useful either.

To me it’s obvious that Trump isn’t pushing things in particularly useful directions, but that doesn’t mean that things shouldn’t be pushed out of their current frame. As the region, and the US’s involvement with it moves forward, however, we need to have a better sense of the context in which we are operating, especially if we’re trying to break new ground. Context is what today’s video attempts to provide.

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Trump’s Syria Withdrawal Hoax | Election 2020 12 | Syria 29

Syria makes me so sad. If you’ve been with me through the Trump years, you’ll remember that I’ve periodically celebrated Trump’s approach to Syria. The truth is I got played.

The fact that Trump hasn’t gone whole hog and launched Iraq 2003 2.0 in Syria is a good thing, but Obama accomplished that too. We were promised more. Over and over. Today’s video makes clear how little was delivered.

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The Conservative Case For Joe Biden | Election 2020 11

It’s interesting to reflect on how much has changed over the past four years. This video comments on the ways my view of things have changed directly, but the process of making it was also clarifying on shifts in my own attitude. It reminded me that two years ago, right after her upset victory, I wrote half a script about AOC I never produced. In introducing her, I wrote in a joke about my inability to pronounce her name. It’s a small thing, but I don’t find that “joke” funny anymore.

It feels like the period since late 2016 has just flown by, as a never-ending flood of chaos. But it has been four years. I have changed. We have changed. The country has changed. In addition to the arguments I make in this video, that may be one of the best reasons to support Biden. He could finally give us a moment to pause, collect our breath, and reckon with what we have done to ourselves.

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