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Why does Bears vs. Panthers suddenly feel so personal? Haize breaks down how Chicago’s 2023 trade with Carolina became far more than the deal that eventually delivered Caleb Williams. The trade tree also helped Chicago land Darnell Wright, Tory Taylor, Tyrique Stevenson, Luther Burden III and additional assets created...

147,986 просмотров • 8 дней назад •via X (Twitter)

Комментарии: 38

Фото профиля Unnecessary Bluntness Owner/Coach/QB
Unnecessary Bluntness Owner/Coach/QB7 дней назад

Sounds cute but wrong. Yall just don’t know how panthers twitter gets down. Bears just happen to be the next team on the schedule.

Фото профиля crashbandy
crashbandy7 дней назад

It ain’t that deep. Yall the first/next team on the schedule. This is how we move all season. It’s just fun banter at the end of the day.

Фото профиля mouse
mouse7 дней назад

We’re not worried about the trade. I call it even. What has the bears done that we haven’t over the last 4 years….

Фото профиля Tet Legette
Tet Legette7 дней назад

Bryce bout to shut that goofy ass mouth up

Фото профиля Carolinaplaycalls
Carolinaplaycalls7 дней назад

We sponsored your move to Indiana you ungrateful bums.

Фото профиля INSIDE P-TOWN
INSIDE P-TOWN7 дней назад

Lol Loud and Wrong. EVERY team gets this smoke before we dance.

Фото профиля black american heartthrob 🟥🔱⬛️
black american heartthrob 🟥🔱⬛️7 дней назад

Y’all are not special. We do this with every opponent.

Фото профиля JonPow
JonPow7 дней назад

Bears fans have been talking shit all week about our team and have been saying that this is gonna be an easy win. Panthers fans respond back essentially saying this shit isn’t gonna be a walk in the park cause we have vastly improved in the offseason. But we are irradiating? Ok

Фото профиля Jake
Jake7 дней назад

ok just to recap.. Poles fleeced Fitty 3 yrs ago & got yall those picks and DJ. ‘25 BY and CW both make playoffs for 1st time and lose to Rams by 3pts. 1/2 QBs had a positive TO diff btw. I’d be irritated too if my team received that stimulus & wasn’t the better team come week 1

Фото профиля Chicago Bears Central
Chicago Bears Central7 дней назад

Let’s in the years since we got Caleb. Caleb has an almost 10% higher win percentage than Bryce. One more playoff victory since you want to use playoff appearances. More passing TDs. Bryce does have more rushing tds s/o to him there. No reason to be mad my friend. Gotta pick a new angle.

Фото профиля Jake
Jake7 дней назад

Bryce/Caleb win % is very similar which adds to my point, both teams are in similar positions despite the trade and the Panthers having less capital to build with. I think the trade is being overly harped on given that both teams have drafted well and added FAs since.

Фото профиля Jake
Jake7 дней назад

Dan has already overcome the mistakes the previous FO made. Panthers fans are just excited for wk1, I haven’t seen anyone talking crazy but you’re posting complaining about a whole fanbase. I’m not mad at all, it’s kickoff weekend! I just don’t agree with the sentiment.

Фото профиля Panthers Enthusiast
Panthers Enthusiast7 дней назад

Lmao man yall better win talking this crazy because it will be engage 8 if not I’m still wondering when the bears became a super team

Фото профиля Boo Esco
Boo Esco7 дней назад

Dawg ain’t nobody worried about the Bears roster or that trade AT ALL. Boys just got relevant again and talk like they a juggernaut. Stop it brother

Фото профиля Rob
Rob7 дней назад

Roster building tree they wish they had lol holy shit Panthers -10 See ya at 4pm Sunday win or lose #KeepPounding

Фото профиля Malik Webb
Malik Webb7 дней назад

Boy we finna whop yall. The defense gone have Caleb in hell 😂

Фото профиля Brandon Peay
Brandon Peay7 дней назад

All this talk about how the trade built up your roster, yet it took you the same amount of time from the trade to make the playoffs

Фото профиля PanthersNFL2006
PanthersNFL20067 дней назад

Lil homie thinks he the main character 😭 no body worried about the bears yall deadass just the next team on the schedule next week I won’t give a fuck homie obviously never been on panthers twitter

Фото профиля 💙🖤🦦
💙🖤🦦7 дней назад

Man this just how we are when u on our week It’s time go time U either respond or u don’t just know we will always be here

Фото профиля Donny
Donny7 дней назад

Has anyone brought up the fact that since the trade, both Panthers and Bears have accomplished just about the same amount of success? (or lack thereof) 23: both miss playoffs 24: both miss playoffs (with 5-12 records) 25: both make playoffs, lose to Rams

Фото профиля ProKO1017
ProKO10177 дней назад

Nobodies mad yall are the ones that keep brining it up. And if u don’t win anything all that jibberish u said doesn’t mean anything. Talk all this after Sunday nigga

Фото профиля Rob
Rob7 дней назад

Petty Roosevelt 🤝 throbbin Williams Bring me on the show.. been a panthers fan all my life living here in Chicago. No yelling No bullshit Just facts

Фото профиля Chicago Bears Central
Chicago Bears Central7 дней назад

DM me. We only have one more show before the game

Фото профиля Rob
Rob7 дней назад

Says your inbox is closed

Фото профиля Los
Los7 дней назад

This completely ignores the behavior of a lot of Bears fans on this app toward the Panthers. We both have our QB’s because of the trade we made. They’re going to be linked and there will be a rivalry between the fanbases for the rest of their careers with each team.

Фото профиля Mint Street Menace
Mint Street Menace7 дней назад

This is a misguided take. The trade playing out the way it did contributes maybe 10% to why the Panthers fanbase is firing off. It has everything to do with the lack of respect coming from the Bears fanbase, and how everyone only wants to compare rosters and previous season stats

Фото профиля Haseem McDuffy
Haseem McDuffy7 дней назад

My thing is if you switched this whole trade and it was vice versa I promise we wouldn’t still be in poverty like yall 😂😂😂 you would think yall ain’t have any of those picks and trades bc yall been 23-28 since so being mad at the trade is old news. Lazy take

Фото профиля The Sports Blitz
The Sports Blitz7 дней назад

Because your piss poor fanbase decides to get personal with every fucking take they put out there. You guys feel the need to bring yourselves into every single conversation when it has nothing to do with you. Fighting for every drop of relevancy

Фото профиля The Teeist of Js
The Teeist of Js7 дней назад

Y'all are just the team of the week dude. No one laments the trade, hell no one cares enough to talk about it because it happened and neither team have a SB ring to show for it 🤷🏾‍♂️ that's the ultimate goal. win or lose, once the clock hits 0:00 in the 4th it'll be on to ATL.

Фото профиля hm?
hm?7 дней назад

If you had Jalen Carter I bet y’all wouldn’t have the 29th ranked run D. Instead you have a good tackle wasted on a QB that doesn’t even use him because his strengths only come out when the pocket collapses and he’s running. Poles is a bad GM whose job was saved by a worse one.

Фото профиля Nate
Nate7 дней назад

I live in Charlotte NC and I don’t hear any of this hate. Haize I am a Chicago Bears 🐻 fan. Been living here for awhile. Everyone I am around don’t talk much about the trades. Not sure who these social media people you’re referring to.

Фото профиля Whopper Chopper
Whopper Chopper7 дней назад

🤣🤣names a bunch of players that only Bears fans know

Фото профиля C
C7 дней назад

To be honest , i think the Panthers Roster looks better then the Bears. Also Caleb Magic wont repeat like all of last yr. Yall gonna be upset come sunday

Фото профиля 🇺🇸McDiesel513🇺🇸
🇺🇸McDiesel513🇺🇸8 дней назад

Clown !!!

Фото профиля DarkMan Epps
DarkMan Epps7 дней назад

Everyone knows you guys got a haul in that trade, sucks how despite all those players and help building your roster you still don't have a defense to speak of, though

Фото профиля Johnathan 🇺🇸🇭🇳
Johnathan 🇺🇸🇭🇳7 дней назад

Only bears fans believe this shit 😂

Фото профиля Banx💰
Banx💰7 дней назад

Can’t wait to hear his take after the Bears get stomped at the Bank

Фото профиля Easymac27
Easymac277 дней назад

Still getting belt on Sunday Rosie

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Beauty of music and nature 🌺🌺

85,480 просмотров • 1 месяц назад

🚨BRICS SUMMIT 2023🚨 {1/3} ✅ IN LESS THAN 24 HOURS EVERYTHING CHANGES FOR THE UNITED STATES ✅ THE DE-DOLLARIZATION MOMENT MIGHT FINALLY BE HERE ✅ A GOLD-BACKED CURRENCY THAT STANDS AS THE BACKBONE OF A NEW BRICS CURRENCY IS BEING ROLLED OUT IN EARNEST ‼️In 24 hours, Putin and China will change everything. Yes, tomorrow, a BRICS lightning bolt will shock the Western hegemony that's been ruling the world for decades. Western media is totally ignoring the story, by the way, because they don't want to admit what's about to happen. Goldman Sachs, though, understands it, and they believe that by the year 2050, the BRICS nations will dominate the global economy. So on Tuesday, yes, tomorrow, the BRICS summit officially kicks off in South Africa. This is the first face-to-face BRICS summit since the start of COVID, and we are about to witness a rebalancing of the world order. ‼️The agenda items at this summit are massive: 💥The currency, yes, a new currency, trade, military cooperation, AI, microchips, oil, all of it, infrastructure, rail lines, shipping. This is a big, big deal. And the United States, I guess, didn't get an invitation. The British didn't get an invitation. Germany isn't welcome. Is the game over for the Western hegemony? Well, the writing is on the wall. Now, for those of you that don't know, BRICS stands for Brazil, Russia, India, China, and South Africa. And it started out small, over a decade ago, and now it's become the greatest threat to Western power that we've ever seen. And I'm not talking about military power here, which we'll get to in a second. I'm actually talking about economic power, oil power, computer power, trade power, the greatest weapons of all, not those bombs. 💥Now the top of the agenda is the United States dollar, squarely in the crosshairs. Here's how Foreign Policy magazine headlines this moment, a BRICS currency could shake the dollar's dominance. The de-dollarization moment might finally be here. Really? Is it true? After all, talk of getting rid of the U.S. dollar as a reserve currency goes back to the 1960s. Here's the New York Times, in 1968, talking about France trying to separate itself from the U.S. dollar. Yes, French President Charles de Gaulle versus Lyndon Johnson. That's how old this is. That's how far back this goes. This isn't new at all. But now we are at a tipping point. Brazil's president, Lula da Silva, says that every night he asks himself why all of these countries have to base their trade on the U.S. dollar. Can you imagine every night before going to bed, that's the thought that you have? And what he does? Well, now they don't. A gold-backed currency that stands as the backbone of a new BRICS currency is being rolled out in earnest. Brazil, Russia, China, India, South Africa, trading oil, computer chips, minerals and settling those transactions in a reserve currency that has nothing to do with the U.S. dollar. All of the previous meetings of these BRICS nations have been leading up to this moment in South Africa. BRICS countries are home to more than 3.2 billion people, around 40% of the global population. None of the bloc's members is in the G7, the group of seven advanced economies. To increase its influence, BRICS is considering bringing new members into the fold. Just look at the trade between the BRICS nations. There's a massive financial surplus. The BRICS nations have a trade surplus. Brazil just hit a record trade surplus. So why would they want to settle these transactions with U.S. dollars? Doesn't make any sense. Meanwhile, Europe's trade deficit has hit a new record, nearly $500 billion trade deficit. Which side would you rather be on? Of course, this isn't happening overnight and there are big impediments to a BRICS currency. The biggest issue right now is that if Russia wants to import things from other countries that are not named China, they'll likely have to settle it in U.S. dollars if they want to import those items

{Matt} $XRPatriot

478,236 просмотров • 3 лет назад

Gold Accumulation Is Not De-Dollarization In this Short video, Brent Johnson Santiago Capital and I break down the relationship between #gold, Treasury #bonds, and central bank reserves, explaining why gold accumulation is often a portfolio management decision rather than a de-dollarization signal. Many investors interpret rising central bank gold purchases as evidence that the world is abandoning the U.S. dollar, but the reality is far more nuanced. Central banks hold reserve assets to facilitate international trade, manage liquidity, and preserve purchasing power. For decades, U.S. Treasuries have been a cornerstone of those reserves because they provide both safety and interest income. Gold serves a similar reserve function, but its return depends primarily on price appreciation rather than #yields. When #interestrates rise, bond prices fall, making gold relatively more attractive. In that environment, reserve managers may choose to increase gold holdings while reducing Treasury exposure. That does not necessarily signal a rejection of the dollar system. It is often a response to changing market conditions and portfolio management considerations. Geopolitics also plays a role. Following the freezing of Russian assets in 2022, many countries reassessed the risks associated with holding reserves that could potentially be subject to sanctions. Gold offers advantages because it is harder to freeze or confiscate. China, for example, increased its gold holdings while also restructuring parts of its Treasury exposure to reduce perceived sanction risk. So, gold accumulation is not the same thing as de-dollarization. Gold and #Treasuries are both reserve assets, and central banks regularly adjust the balance between them based on yields, market conditions, and geopolitical considerations. Brent Santiago Capital also challenges a common contradiction among critics of central banking. Many argue that central bankers are responsible for excessive money creation, debt expansion, and financial distortions, yet often praise their gold purchases as evidence of foresight. He argues that while central bankers may be misguided or overly confident, they are not unintelligent. Managing the modern global financial system is extraordinarily complex, and the fact that the system continues to function despite repeated predictions of collapse suggests a level of skill that should not be ignored. Gold buying may be increasing, but the broader message is not that the dollar is dying. It is that central banks are adapting to a changing financial and geopolitical landscape while continuing to operate within a dollar-centric global system. Check out our comprehensive "15 Trading Rules" guide ▶️ This guide includes practical rules for managing positions, taking profits, controlling risk, and avoiding the emotional mistakes that often hurt returns during major market corrections. If you like this video, please ❤️like and 🔁retweet 📺Full episode: Catch me daily on The Real Investment Show:

Lance Roberts

15,366 просмотров • 3 месяцев назад

“The Trump administration is run by the Rothschild syndicate.” “Epstein was part of that syndicate.” “From the moment they got into office … they’ve been operating at high speed to build the control grid.” “This is Covid 2.0.” Catherine Austin-Fitts just exposed how the elites are on the brink of plunging the world into lockdowns and famine with the Iran war. “Whatever is going on in the Middle East is very much what that syndicate wants.” “Let’s go back to Gaza.” “For two and a half years, what we’ve heard is that a group of people who are under complete sanction in the financial system, Hamas, can still field weapons and armies.” “And an empire that can slant drill oil and gas and mining miles underground can’t deal with tunnels under Gaza.” “Makes absolutely no sense.” “If you understand what it takes to transact, buy weapons … that can’t operate given the surveillance and control systems that are in place.” “Unless somebody wants it to.” “So you’re looking at a game that allows you to basically genocide and take the land, because you need an excuse to do that.” “And then our insiders are going to make a fortune using taxpayers money to build a new development.” “You can’t say that.” “You need a cover story.” “Now, we have the Iranians who, despite extraordinary sanctions, have been able to build a very impressive military capability.” “And the US is helpless to stop them.” “The US military has exponentially more funding than any military on the planet.” “Now it’s up to $1 trillion a year.” “What’s the most important thing in the central banking warfare model that a military needs to do?” “You have to protect the trade routes.” “The Straits of Hormuz are hugely important.” “Now, what we’re watching is the entire global economy being severely shut down.” “What happens in the spring?” “Farmers plant in the spring.” “Right now, we are shutting down the critical ingredients to … make fertilizer.” “By the time that gets through … you’re going to miss the whole spring season.” “If you look at the material coming through the Straits, that’s critical to fertilizer and food and … energy.” “We have Peru, Thailand, other people talking about doing Covid kind of shutdowns to save gas and fuel.” “What’s in it for [the global elite] is implementing the control grid and depopulation.” The Solari Report | Catherine Austin Fitts Paul Buitink 🎙

Holden Culotta

94,844 просмотров • 5 месяцев назад

The Kurdistan Region's Emerging Strategic Geography The Kurdistan Region’s energy and industrial map shows an emerging strategic geography in which the KDP and PUK, the two ruling parties that already run separate administrative systems inside one nominal regional government, check each other through control of different but interdependent assets. The KDP remains the larger economic power, but the rapid build-out of the PUK's gas and industrial base is narrowing an older imbalance, and it is doing so just as the two sides cannot agree on how power should be divided. The two developments are more tightly connected than they look. Look past the shorthand that the KDP has oil and the PUK has gas, and ask what each party's assets actually let it do. The KDP's strengths are built around monetisation: oil, refining, trade and export corridors. The PUK's emerging system revolves around gas, which carries a different kind of weight. Gas does not simply earn income. It feeds electricity, sets the cost structure of heavy industry, and binds producers to consumers through infrastructure that is expensive to replace. Oil gives the KDP scale and routes to market. Gas increasingly gives the PUK influence over how the wider regional economy functions, and over the energy choices available to actors beyond the Kurdistan Region. Two economic models follow from this, each with its own logic. The KDP's is built to preserve optionality: oil, refining, Erbil manufacturing, Duhok and Zakho logistics and access toward Turkey, so weakness in any one sector or route is offset by the others. It suits a party betting on autonomy. The PUK's is built on embeddedness: gas feeds electricity, electricity and gas feed industry, that industry sells into Iraq, and the pipelines and ten-year offtake contracts binding those stages are costly to unwind. That gives particular assets leverage out of proportion to the PUK's smaller share of output, and it explains why the smaller economy has begun to constrain the larger one. It also explains why the government has been so hard to form. As of 16 August 2026, 665 days have passed since the election without a cabinet. Gas did not cause the dispute, which also runs through security institutions, revenues, senior offices and the longer contest between the KDP and PUK systems. But the economic geography is making compromise harder. The KDP is trying to turn an electoral win into a more hierarchical order at the moment that advantage has narrowed to a single seat. That narrowing is itself a measure of how far the PUK's fortunes have moved: a party still on the back foot economically could not have assembled a rival bloc of comparable size in the first place. The imbalance beneath the seat count is closing, and the seat count is starting to show it. This report maps the assets behind that shift, and shows how the complementary holdings in KDP and PUK territory have become a check on each other's power, an unusual one: in the social sciences these constraints are usually institutional, resting in parliaments, courts and electoral rules. Here the restraint is material, resting on each party's control of assets the other cannot easily do without:

The National Context

12,019 просмотров • 1 месяц назад

Xie Feng 谢锋, the Chinese tea set you gifted Ronald Sakolsky this June will soon have a new neighbor: a small bottle of soil from the Mu Us Desert in Inner Mongolia. This retired American teacher knelt in the sand yesterday and filled that bottle with earth. He told us he plans to take it home to the United States and place it beside the tea set in his living room. I was standing right there, and at first I didn't understand why. But after hearing his explanation, I suddenly understood: this is no ordinary bottle of soil. It comes from a place where an act of kindness, planted 26 years ago, took root, grew, and ultimately became a forest. People here see him as a powerful symbol of what friendship between ordinary Americans and Chinese can still achieve. The story goes back to 1999, when Sakolsky, a teacher from Pittsburgh, Pennsylvania, came to China to teach English. He learned about Yin Yuzhen, a farmer who had already spent 14 years planting trees with her family in Mu Us, battling the desert day after day. Moved by her determination, Sakolsky raised and donated 5,000 USD to support her work. In the spring of 2000, he traveled out to the desert to visit Yin in person. Together, they planted a tree. That simple act of kindness took root in what was then a barren landscape. Yin used the donation to buy roughly 50,000 saplings, planting them around the tree they had planted together. Today, what was once desert has become a thriving woodland that bears his name. Yin never forgot him. Over the years, she became one of China's best-known figures in the fight against desertification. Under her decades-long effort, and that of countless others, vast stretches of the Mu Us landscape have been transformed by trees and vegetation. Yet one wish stayed with her: she wanted to find Sakolsky again and bring him back, so he could see with his own eyes what his kindness had eventually become. For years, she appealed through the media, trying to locate the American teacher who had returned home more than two decades earlier. Finally, this May, with the help of Inner Mongolia Radio and Television, Yin and Sakolsky reconnected. She invited him back to see how dramatically the land had changed. Their story quickly spread across China. In June, Chinese Ambassador to the United States Xie Feng invited Sakolsky to the Chinese Embassy in DC, where he presented him with a Chinese tea set and handed him a visa for his return trip. Kindness had been seen and remembered; what was once given was now being answered in kind. On August 23, with his trip sponsored by an association affiliated with China's Ministry of Education, Sakolsky arrived in Ordos for a long-awaited return. It was the same organization that, back in 1999, had helped bring him to China through a US-China teacher exchange program, under which he spent a year teaching in the country. The next day, August 24, in the grove that now bears his name, Sakolsky bent down and filled a small bottle with soil. He plans to set it beside the tea set and to tell his grandchildren what it means. As children, many of us once entertained an innocent fantasy: if we kept digging straight down from one side of the Earth, might we eventually emerge on the other side and meet the people living there? Geographically, of course, it does not quite work that way. But standing in that forest, I found myself thinking that perhaps, between people, it can. Sometimes, all it takes is for someone to plant a tree, extend a hand, preserve an act of kindness, and then allow time to carry us the rest of the way.

Zhai Xiang

36,015 просмотров • 24 дней назад

After Weeks of Wandering with a Bucket Stuck Over Its Head, the Bear Was Finally Rescued 🐻💗 The bear kept running through the residential area. Stuck tightly around its neck was an object that looked like a bucket, covering most of its vision. For weeks, it had wandered around Perry Township like this, yet getting close to it was far from easy. A wild bear is an animal people need to keep their distance from. This one was frightened, unable to see properly, and could react unpredictably if it felt threatened. But why had it come into the neighbourhood in the first place? Bears sometimes enter residential areas in search of easily accessible food, such as rubbish, pet food or leftovers. Roads, lawns and open spaces can also become convenient routes as they move through places where people live. But in this case, the bucket on the bear's head may have made everything much harder. With its vision restricted, the bear would have struggled to recognise obstacles and work out where to go. Its continued movement through the neighbourhood did not necessarily mean that it was trying to approach people. It was simply trying to find its way. For a bear, sight and smell are important for understanding its surroundings, finding food and navigating its environment. When something covers its head, the animal's ability to process these signals is affected, making it much harder for it to find its way on its own. And there was another problem. The bear could not remove the bucket itself. Bears have strong, relatively flexible front paws. But the object was tightly caught around its neck. Every time the bear struggled or tried to push it away with its paws, the bucket remained firmly in place. After several weeks, a group of people decided that they had to intervene. They knew that approaching a frightened wild bear could be dangerous. But they also saw that the animal was trapped and showed no sign of being able to free itself. So they did not try to handle the situation alone. They brought in more people and worked together to restrain the bear before attempting to remove the bucket. The aim was not to keep the animal there, but to hold it still long enough to cut the object away while reducing the risk of injury. It was not an easy job. One person used a saw to cut through the thick rubber while others restrained the bear. The blade had to be handled with great care because the bucket was so close to the animal's neck. The bear struggled again and again. That reaction was natural. It was a wild animal being restrained, with no way of knowing that the people around it were trying to help. From the bear's perspective, resisting was simply a response to being held. Then, little by little, it became exhausted. After days of living under stress, combined with the effort of running and struggling, the bear eventually lay still. The rescuers used that moment to continue cutting away the bucket. At last, the object came free and fell to the ground. The bear immediately got back on its feet and ran into the bushes. It did not stop beside the people who had just freed it. And that was perfectly natural. For a wild animal, freedom means being able to move away from people again. Once the bear was no longer restrained, its instinct was simply to put as much distance as possible between itself and the humans around it. It did not know that they had come to help. But it did not need to. Kindness does not always change the whole world in a single day. Sometimes, it simply changes the way we choose to treat the life around us. When people choose to help a creature in distress, they give that animal another chance to live freely. At the same time, such actions remind us that living creatures deserve care, consideration and responsible treatment. An act like this may seem small. But when kindness is passed from one person to another, it gives us more reasons to understand, to protect and to take responsibility for the creatures with whom we share this world.

Beauty of music and nature 🌺🌺

241,445 просмотров • 18 дней назад

The Outer Banks, North Carolina, feel gloriously endless. Drive south long enough and the land gets strangely thin. Atlantic Ocean on one side. Pamlico Sound on the other. In places, there isn’t much between them besides dunes, marsh grass and Highway 12 running toward the horizon. More than 100 miles of barrier islands stretch along this part of North Carolina, and Cape Hatteras National Seashore protects roughly 70 miles of coastline. The islands themselves are always changing. Wind moves sand. Waves reshape beaches. Storms wash over dunes and sometimes cut new inlets through them. People living here have spent centuries adjusting to a coastline that refuses to stay put. Cape Hatteras Lighthouse is a good example. The black-and-white tower has stood since 1870. By the late 20th century, erosion had brought the Atlantic dangerously close, so in 1999 engineers moved the nearly 200-foot lighthouse about 2,900 feet inland. The move took 23 days. The waters around Cape Hatteras have caused trouble for ships for centuries too. Known as the Graveyard of the Atlantic, this stretch of coast is filled with shoals, strong currents and rough weather. More than 1,000 vessels are estimated to have been lost near Cape Hatteras alone. Lighthouses went up along the coast, followed by Life-Saving Service stations where crews watched for ships in trouble and headed into the surf when they spotted one. A different kind of history happened farther north. In 1900, Wilbur and Orville Wright arrived looking for a place to experiment with flight. The steady wind, open sand and isolation around Kitty Hawk and Kill Devil Hills made the area a good fit. On December 17, 1903, their first powered flight lasted 12 seconds. Three more followed that day. The open ground around Wright Brothers National Memorial is worth paying attention to. The wind and empty space were a big part of why the brothers chose this place. Farther south is Jockey’s Ridge, the tallest natural sand dune system on the East Coast. Highway 12 continues through Rodanthe, Waves, Salvo, Avon and Buxton, with long stretches where the houses disappear and the dunes take over again. Eventually you reach Hatteras, where the road stops at the water. From there, the ferry carries you to Ocracoke. Ocracoke is also where Blackbeard was killed in 1718 after a fight with Royal Navy forces near the island. Today it’s much quieter. There’s a small village, miles of beach and no highway bringing you straight onto the island. You have to cross water to get there. That slower pace is part of the Outer Banks. You pass through a village, the houses thin out, and before long you’re driving with dunes on either side and barely anything ahead. The coastline has wrecked ships, moved beaches and forced people to relocate a lighthouse. The same steady winds also helped the Wright brothers get an airplane off the ground. Cape Hatteras became the country’s first national seashore in 1953, helping preserve a huge stretch of these islands from continuous development. You notice that from the road. The Wright Brothers site, Jockey’s Ridge, Cape Hatteras Lighthouse and Ocracoke are all worth stopping for, but I’d leave just as much time for the drive between them. That’s the part I’d remember most: long stretches of Highway 12 with dunes on both sides and hardly anything ahead. I write about places like this in my newsletter....the history and little details that give you another reason to go. If that sounds like your kind of travel, subscribe.

The Timeless Traveler 🇺🇸

45,020 просмотров • 1 месяц назад

President Prabowo Subianto (Prabowo Subianto) at the Eastern Economic Forum in Vladivostok: trade and finance have been turned into weapons. Indonesia will not live inside a single settlement system. Development for the people is the security doctrine. “Distinguished participants, we meet at a difficult moment. Today, trade many times is used as a weapon. Supply chains are redrawn by suspicion. Finance is divided by geography. Precisely because the world is fragmenting, every bridge built here in food, energy, science, logistics and trade is a practical answer. In global finance, resilience requires more than one functioning system. We should not rely on a single financial architecture because if one system is disrupted, another must remain able to facilitate the flow of funds that keeps trade moving. Without reliable payment and settlement channels, trade itself can be paralyzed. This is not about replacing one system with another, but about ensuring that another global financial system can operate alongside existing arrangements to preserve continuity, stability, and confidence in international trade. Indonesia’s foreign policy is free and active. We determine our own national interest, and we want to contribute actively to peace. At SPIEF last year, I said to you, Indonesia does not want to join any military alliance, but we seek to join an economic alliance. Our FTA within the Eurasian Economic Union is exactly that: not an alliance against anyone, but a partnership for the prosperity of everyone. Indonesia works to the east, west, north, and south as a sovereign and equal partner. For us, 1,000 friends are too few. One enemy is too many. We came to St. Petersburg to make friends. And now we come to Vladivostok to turn the friendship into pragmatic results. The Global South is not a new bloc. It is a constituency for fairness, for a fair share of prosperity and a fair voice in writing global rules. Our position is clear and consistent. Indonesia stands ready to support every sincere effort towards a just and lasting peace wherever conflict persists. Indonesia and Russia have been friends for many decades. Indonesia remembers the support of the then Soviet Union during the early years of our young republic. We remember that history, and we never forget our friends. But friendship cannot live only in history. Our generation must have the courage to write a new chapter. Let us be equal. Let us be independent. Let us work together mutually for the benefit of both our countries, and let us be measured by what our efforts can deliver for our peoples. Peace is not separate from development. Hunger, unemployment, injustice and humiliation are the raw materials of conflict. A Far East that provides opportunity, countries that feed their children, and an Asia-Pacific that trades openly are real and durable contributions to peace. Sovereignty makes peace possible. Peace makes development possible. And development for the benefit of people makes the peace endure. That is why the theme of this forum is not merely an economic slogan. It actually is a doctrine of security. I understand that the Russian people have a saying: «Один в поле не воин» there can be no victory if you fight alone. In Indonesia we have the same saying. We say gotong royong: any heavy burden becomes light when we carry it together. We have different languages, but we have the same ancient wisdom from our forefathers. Everything we have discussed today—the tariff lines covered by the FTA, transport corridors, payment systems, industrial projects—exists for one reason: so that a fisherman in Indonesia and a shipbuilder in Russia can each look at their children and believe that tomorrow will be better than today. Our young people will not ask which bloc we belong to. They will ask what we built for their future. Let us build the direct shipping route. Let us open the direct flight. Let us make our free trade agreement work from its very first day. Let us double our trade. Let us produce food, fertilizer, energy, medicine, and technology together. Let our sovereign wealth funds Danantara and the RDIF finance strategic projects together. And let us ensure that every agreement announced in Vladivostok produces a result that our people can see and can feel. Let it be said of this forum that in a season when some others were building walls, we built bridges. And let it be said of our generation that in difficult times we chose cooperation, development for the benefit of our peoples. We chose the greatest good for the greatest many. And by doing so, we help to build lasting peace and prosperity. Thank you. Terima kasih. спасибо большое. As-salamu alaykum. May peace be upon us all. Thank you.” The dollar weapon is the last instrument of a failing order. A second settlement system, and production that feeds people, is the reply. In a season when some build walls, Indonesia and Russia are building bridges—and that is the foundation for lasting peace.

🅰pocalypsis 🅰pocalypseos 🇷🇺 🇨🇳 🅉

49,069 просмотров • 14 дней назад

Wall Street is running the same trade two Nobel Prize winners used to nearly destroy the global financial system. The Fed's OWN economists know it. They literally wrote a paper about it and named the paper after the fund that blew up. It's called "LTCM Redux?" and it ran in the Journal of Financial Economics. Here's what they are worried about repeating: Long-Term Capital Management launched in 1994 under John Meriwether, formerly head of bond trading at Salomon Brothers. Myron Scholes and Robert Merton sat on the board and won the 1997 Nobel Prize in Economics while the fund was running. A former vice chairman of the Federal Reserve Board was a partner. It returned 20% in its first year, 43% in the second, and 41% in the third. The strategy was to find nearly identical bonds priced slightly differently and bet the gap would close. The gaps were pennies, so the only way to make real money was to borrow enormous amounts against them. Entering 1998 the fund had $4.8 billion of its own capital, had borrowed more than $125 billion, and held derivatives with a notional value above $1 trillion. At the end of 1997 the partners handed capital back to investors without cutting their positions to match, which pushed their leverage higher still. Then Russia defaulted in August 1998. Money ran for safety, the gaps that were supposed to close widened instead, and every position moved against them at once. Equity fell from $4.8 billion to $2.3 billion by the first of September. Roughly $4.6 billion evaporated in under four months. On September 23 the New York Fed put 14 firms in one room and did not let them leave. By six that evening they had committed $3.6 billion and taken 90% of the fund. The Fed itself lent nothing. Those 14 firms were LTCM's own lenders, and a forced sale of more than a trillion dollars in positions into a market with no buyers would have torn through their balance sheets first. Even with the rescue in place, the chairman of Union Bank of Switzerland resigned over a $780 million loss on options it had written on the fund. And the ending of that story is what makes it matter now: The banks were repaid in full by 2000 and nobody was charged with anything. Meriwether raised a new fund the following year. The lesson the market took away was that when a leveraged fund gets big enough to threaten the plumbing, somebody convenes a room. That precedent is now sitting underneath the largest bond market on Earth. Hedge funds held $2.4 trillion of US Treasuries at the end of last year, financed with about $1.8 trillion of borrowed money in the repo market. The cash-futures basis trade alone reached $830 billion as of last September, close to double its previous peak. Leverage on it commonly runs 50x and can reach 100x. And the conditions for a disaster are already here... The 30 year yield hit its highest level since 2007 twice in the past week. The long end has been in a buyers' strike since June. Yesterday the Treasury abandoned its own published schedule and doubled its bond buybacks without warning. What killed LTCM was liquidity disappearing from the market where its borrowed money was parked. And this time the rescue is being drawn up in ADVANCE. Academics from Harvard, Columbia and Chicago have already published a proposal urging the Fed to build a standing facility to absorb these positions when they unwind. Morgan Stanley estimates these positions shrank by more than $200 billion in July as spreads compressed. On top of that, central clearing becomes mandatory at the end of this year. The trade genuinely makes Treasury markets more liquid on ordinary days. But ordinary days were never the problem. Two Nobel laureates and a former Fed vice chairman could not see it coming from inside the building. Whoever is running this version is not smarter than they were, and the position is far larger...

Ricardo

28,845 просмотров • 29 дней назад

Made $530,000 with Ai Bot that started with $313. Didn't know how to code. Now this bots run 24/7 printing money while sleeping. I've made the exact step-by-step guide to build this Claude Code Polymarket trading bot. Prompts. Code. Risk settings. Paper trading checklist. Everything from zero to running bot. It's free. For 24 hours. After that I'm charging $499 for it. To grab it right now: 1. Comment "Claude Bot" 2. Like and Retweet this post 3. Follow me Himanshu Kumar ( I can't send DMs to non-followers ) I'm DMing everyone who Complete the 3 steps. I spent hundreds of thousands hiring developers because he was too scared to learn. Then learned Claude Code. Built algorithmic trading systems. $313 → $530,000. You have the same tools available right now. And you're using them to ask ChatGPT for Instagram captions. This attached video is a goldmine. Full live walkthrough. Claude Code building actual Polymarket trading bots. From zero. Every line of code. Every decision explained. Now let me break down why everything you're doing in trading is wrong and exactly how to fix it. Save this post. You'll hate yourself if you lose it. ↓ Let's start with why you keep losing money. You already know the answer. You just won't admit it. You overtrade. Every. Single. Day. You see a candle move. You feel something. You enter. No plan. No edge. No reason. Just feelings. Then it goes against you. You feel something else. Panic. Anger. Denial. You move your stop loss. Or you didn't set one at all. "It'll come back." It doesn't come back. So you take another trade. A revenge trade. Bigger size this time. Because you need to "make it back." That one fails too. Now you're emotional. Now you're tilted. Now you're using leverage you have no business touching. 40x. 50x. 100x. On a trade you entered because a candle looked "bullish" and some guy on Twitter said "send it." You get liquidated. Close the laptop. Punch something. Tell yourself you'll be "more disciplined" tomorrow. Tomorrow comes. Same cycle. Same result. Same liquidation. You've been doing this for months. Maybe years. And you still think the problem is your strategy. The problem isn't your strategy. The problem is you. Save this post right now. What I'm about to show you is the only way to remove yourself from the equation. Follow Himanshu Kumar so you don't miss any of this. ↓ Here's what's actually killing your account. It's not the market. The market doesn't care about you. It's not your indicators. RSI works fine. MACD works fine. They all "work." It's not your timeframe. It's not your broker. It's not the "manipulation." It's four things: 1. Emotions. You hold losers because hope feels better than loss. You cut winners because fear feels stronger than greed. You size up when angry. You skip trades when scared. Your emotional state determines your position size. That's insane. And you know it's insane. But you keep doing it. 2. Overtrading. You take 15 trades a day. Maybe 5 of them had actual setups. The other 10 were boredom. Boredom trades are the most expensive hobby in human history. 3. Leverage. You use 20x-50x on trades where you're not even sure about the direction. That's not trading. That's a casino with a nicer interface. 4. Fees. You're smashing market orders. Paying spread. Paying commission. On 15 trades a day. Your broker makes more money from your account than you do. Think about that. Your broker is profitable on your account. You're not. You're the product. Not the trader. These four things are why 90% of traders lose. Not bad luck. Not the market. You. Save this post and follow Himanshu Kumar because the solution is coming next. ↓ The solution is painfully obvious. Remove yourself from the equation. Not partially. Not "I'll be more disciplined." Not "I'll journal my trades." Not "I'll meditate before trading." Completely remove yourself. Build a bot. Let the bot trade. You go live your life. The bot doesn't feel emotions. The bot doesn't overtrade. The bot doesn't use reckless leverage. The bot doesn't smash market orders and bleed fees. The bot follows the rules. Every single time. Without exception. Without "just this once." Without "I have a feeling about this one." Rules in. Execution out. No human in the middle to mess everything up. That's algorithmic trading. And before your ego jumps in with "but I'm different, I have discipline" — No you don't. Your account balance proves you don't. If you had discipline, your account would be green. It's not. So you don't. Accept it. Automate it. Move on. This is the hardest truth in trading. Your discipline will always fail. A bot's won't. Save this post. Follow Himanshu Kumar for the exact bot setup that removes your emotions permanently. ↓ "But I don't know how to code." Neither did he. The guy in this video didn't know how to code for most of his life. Got held back in 7th grade. People counted him out early. Spent years building apps and SaaS businesses without writing a single line of code. Hired developers on Upwork instead. Spent hundreds of thousands of dollars paying other people to build what he could have built himself. Because he was scared to learn. That fear cost him years. And hundreds of thousands of dollars. Sound familiar? You're doing the same thing right now. Not with developers. But with your time. You're spending thousands of hours trading manually because you're scared to learn the thing that would make trading automatic. The fear of learning to code is costing you more than any bad trade ever did. Because every month you trade manually is a month of emotional decisions, overleveraged entries, and unnecessary losses that a bot would never make. And here's the thing that should really frustrate you: AI does the hard parts now. You don't need a computer science degree. You don't need to work at a hedge fund. You don't need to be "good at math." Claude Code writes the code for you. You just need to think clearly about trading ideas. That's it. If you can describe a strategy in English, Claude can build it in Python. "I don't know how to code" stopped being a valid excuse in 2024. It's 2026. You're 2 years late on that excuse. Find a new one. Or stop making excuses entirely. Save this post. Follow Himanshu Kumar because I'm showing you how people with zero coding experience are building profitable bots. ↓ The process that actually makes money. Three letters. R. B. I. Research. Backtest. Implement. That's it. That's the entire process. Every single day. Research: Find an idea. A pattern. A market inefficiency. Don't trade it yet. Don't even think about trading it yet. Just research it. Backtest: Test the idea against historical data. Does it work? Not "does it look good on one chart." Does it work across thousands of trades? Across different market conditions? Across in-sample AND out-of-sample data? If no, kill it. Find another idea. If yes, move to step 3. Implement: Build the bot. Deploy it. Paper trade first. Then live with small size. Scale only on evidence. Research. Backtest. Implement. Every day. No exceptions. You know what your current process is? Feel. Enter. Pray. F. E. P. Feel bullish. Enter a trade. Pray it works. That's not a process. That's gambling with a TradingView subscription. RBI is the only process that works. Save this post. Tattoo it on your forearm. Follow Himanshu Kumar for daily RBI breakdowns. ↓ What Claude Code actually does that your manual process can't. You can maybe test 3-5 strategy ideas per week. Manually adjusting parameters. Manually checking results. Manually writing code (badly). Claude Code tests 50-100 ideas per week. With parallel agents running simultaneously. Multiple strategies being built, tested, and validated at the same time. While you sleep. The guy in this video spends 4-8 hours a day building systems with Claude Code. Not trading. Building. Research. Backtest. Implement. Then iterate. Improve. Optimize. Every day the systems get better. Every day the edge compounds. Every day the bots get smarter. While you? You spend 4-8 hours a day staring at charts making the same mistakes you made last month. Same indicators. Same patterns. Same entries. Same losses. He's iterating forward. You're running in circles. Same 8 hours per day. Completely different outcomes. Because he's building systems. And you're feeding a casino. Stop feeding the casino. Start building the machine. Save this post and follow Himanshu Kumar for the Claude Code workflow that iterates strategies while you sleep. ↓ Jim Simons. That's the benchmark. You probably don't know who Jim Simons is. And that tells me everything about how seriously you take trading. Jim Simons. Mathematician. Founded Renaissance Technologies. Built a net worth of $31 billion. 100% from algorithmic trading. Not one single manual trade. Not one "gut feeling" entry. Not one RSI divergence. Not one "smart money concept." Algorithms. Bots. Systems. Data. $31 billion. His fund averaged 66% annual returns for over 30 years. While you're excited about making $200 on a trade that you'll give back tomorrow. The best trader in human history never placed a manual trade in his life. And you think your edge is staring at a 5-minute chart with bloodshot eyes at 2 AM? Your edge is building the system. Not being inside it. Jim Simons is the benchmark. Everything else is noise. Save this post. Follow Himanshu Kumar because I'm building toward the same goal and showing every step publicly. ↓ What you need to understand about patience. This is not get-rich-overnight. The guy in this video says it directly: "This channel is not for people looking to get rich overnight. It's not plug and play. There are no shortcuts. If you're impatient, this probably isn't for you." And that's exactly why most people will fail at this. Because you want results now. Today. This trade. You don't want to spend a week building a bot. You don't want to paper trade for 2 weeks. You don't want to test 50 ideas to find 1 that works. You want to copy someone's bot, run it live with your rent money, and be rich by Friday. That's why you'll be broke by Friday. The guy making $2.3M spent months iterating. Testing. Failing. Rebuilding. Testing again. He was patient when you would have quit. He was calm when you would have panicked. He was consistent when you would have given up. Patience isn't just a virtue in trading. It's the only virtue. Without it, everything else fails. Impatience is the most expensive personality trait in trading. Save this post. Follow Himanshu Kumar and learn to build systems with the patience that actually pays. ↓ The live streams where the real learning happens. The YouTube video is the trailer. The live streams are the movie. Real-time bot building. Real-time questions answered. Real code shown. Real mistakes made and fixed. Not polished highlight reels where everything works perfectly. Actual development. Where things break. Where strategies fail. Where code doesn't compile. Where the fix takes 2 hours. Because that's what real development looks like. And seeing the messy parts is more valuable than any polished tutorial. Because when your bot breaks at 3 AM, you need to know how to fix it. Not just how to celebrate when it works. The streams mix beginner and advanced. Start with how to automate trading. How to use AI for code generation. Then dive into the daily work. Claude Code. Parallel agents. Constant iteration. Live debugging. 4-8 hours of real algorithmic trading development. Live. Uncut. No filter. Most "trading education" shows you the wins. This shows you the work. Save this post. Follow Himanshu Kumar for the stream schedules and breakdowns. ↓ The belief that changes everything. Code is the greatest equalizer. Not money. Not connections. Not a degree. Not where you grew up. Not what school you went to. Code. Once you can build systems, you can build anything. For the rest of your life. A trading bot today. A SaaS product tomorrow. An automation business next month. A completely different life next year. The skill isn't "algorithmic trading." The skill is building systems. And that skill transfers to everything. The guy who can build a trading bot can also build a lead gen tool. Can also build a content pipeline. Can also build a SaaS product. Can also build literally anything that runs on logic and code. One skill. Infinite applications. And AI makes learning it 100x easier than it was 5 years ago. You don't need to be smart. You don't need talent. You need Claude Code and the willingness to sit down and build something instead of consuming content about building something. Building is the skill. Everything else is entertainment disguised as education. Save this post. Follow Himanshu Kumar because I'm showing you how to build, not just how to watch. ↓ If any of this applies to you, pay attention. If you've lost money from overtrading. If you've been liquidated. If you know trading is the vehicle but manual execution keeps crashing you. If you've tried "being more disciplined" and it never lasted more than a week. If you keep saying "next month I'll start automating." If you've spent more money on courses than you've made from trading. There is a better way. It's not a magic indicator. It's not a signal group. It's not a $997 mentorship from a guy who makes money teaching, not trading. It's building your own system. A system that trades without emotion. A system that follows rules without exception. A system that runs while you sleep. A system that compounds while you live your life. That's the answer. It's always been the answer. You've just been too scared to accept that the solution requires building something instead of buying something. ↓ What the next 30 days look like if you actually commit. Week 1: Watch the video. Learn Claude Code basics. Build your first simple strategy. Run your first backtest. Week 2: Iterate. Let Claude improve the strategy. Run Monte Carlo validation. Paper trade. Week 3: Go live with $50-100. Tiny positions. Watch every trade. Compare to paper results. Week 4: Scale based on evidence. Not based on excitement. Not based on one good day. Based on data. 30 days from now you either have a running bot that trades without your emotions destroying every position. Or you're exactly where you are right now. Reading another post. Making another promise. Breaking it by Tuesday. Same 30 days either way. Different actions. Different results. Different life. ↓ Full video tutorial attached. Live bot building with Claude Code. From zero to running Polymarket trading bot. Every line of code. Every decision explained. The video is free. Claude Code is available now. The market is open 24/7. The only thing standing between you and a profitable trading bot is the same thing that's been standing there for months. You. Get out of your own way. Follow Himanshu Kumar for daily AI trading bot breakdowns, live build sessions, and the full RBI process. Save this post. Watch the video. Build the bot. Or keep trading manually and keep losing. The choice has never been easier. And you've never been more stubborn about making the wrong one.

Himanshu Kumar

38,153 просмотров • 5 месяцев назад

GOLD TELEGRAPH CONVERSATION #7 MATTHEW PIEPENBURG “I'm confident that China has at least 10x more gold than the WGC says it does… I also think they have a lot more than the United States.” Matthew is a prominent voice in global finance. He began as a transactional attorney and launched his first hedge fund during the 1999–2001 NASDAQ bubble. He later managed alternative investments for high-net-worth families as General Counsel, CIO, and Managing Director of family offices. He is the author of the Amazon No#1 Release, Rigged to Fail, and is a graduate of Brown (BA), Harvard (MA) and the University of Michigan. Today, he is a partner at VON GREYERZ. In this fascinating conversation, we cover a wide range of topics, including the international monetary system, the trade war, liquidity risks, the sovereign debt crisis, BRICS, the gold market, and where it all may be heading. Matthew pointed out that the petrodollar has been a vital engine of U.S. dollar demand, but it’s clearly weakening. While still in place, it's being slowly eroded, with 20% of global oil now traded outside the dollar. He emphasized that this shift isn’t temporary, it’s part of a larger, irreversible change. The international monetary system is evolving, and we are living through a historic turning point in global finance. I hope you enjoy the conversation, feel free to share your thoughts in the comments. A big thank you to Matthew for joining me. TIMESTAMPS: 0:50 – What was the moment gold became more than just a trade? 8:19 - Was there a personal inflection point where the current system stopped making sense? 12:07 - With rising debt and monetary distortion, how does gold serve as an anchor in a system losing stability? 26:55 – Is gold a path back to discipline, or proof the system’s come undone? 33:09 – As U.S. Treasuries start acting like risk assets, could China and Japan be fueling the current volatility? 42:34 – When did you realize gold isn’t just an asset… but a threat to the central bank narrative? 47:47 – Is the suppression of gold’s narrative just as powerful as the suppression of its price? 52:32 – As gold rises and global trust fades, is it exposing the Fed as an unchecked fourth branch of government? 56:51 – If gold breaks the psychological ceiling central banks have tried to suppress, what does that mean for their credibility? 1:04:21 – What signals is the West missing as BRICS nations quietly build financial alternatives to the current system? 1:09:08 – What are Western policymakers missing about Project mBridge and the shift away from SWIFT? 1:13:47 – With 20% of oil already traded outside the dollar, why is there still so much denial… how could this reshape global demand for the U.S. dollar? 1:16:39 – Why has there been such persistent resistance to transparency around Fort Knox and the U.S. gold reserves? 1:21:19 – Do you think the public is about to witness an acceleration of the monetary and geopolitical breakdown we’ve been warning about? 1:25:24 – With gold gaining traction in Washington, could this administration use it to restore financial trust at home and abroad?

Gold Telegraph ⚡

676,017 просмотров • 1 год назад

President Donald Trump is destroying the global economy, according to the media, Democrats, Europeans, and libertarians. The stock market is crashing. His administration is randomly and arbitrarily imposing tariffs, they say. And his tariffs are on the verge of causing a self-destructive global trade war. But policy should not be based on the daily movement of the stock market. The tariffs are not random or arbitrary but instead are based on a publicly released formula. And a trade war will lead to a much better outcome than the path Americans have been on. So says Oren Cass , founder of the think tank American Compass and one of the leading advocates of Trump’s nationalist economic policy. Based on Cass’s resume, one would predict him to be a Never Trump Republican, not a MAGA Republican. He is a Harvard Law graduate who worked at Bain & Company and became the Domestic Policy Director for Mitt Romney at the shockingly young age of 29. Romney, one of the most high-profile Never Trump Republicans, was also highly concerned with China. “I was working on trade policy for him and brought him the very standard, ‘Here's what a Republican says about trade’ starting point. And he said, ‘This is all fine. But what are we gonna do about China?’ “I remember the other economist was like, ‘What kind of question is that? We don't do anything about China.’ Romney was a very non-ideological, pragmatic guy with a business background. He said, ‘That's ridiculous. This is completely broken. What are we gonna do?’ “And I had the privilege of being sent off to find an answer for the candidate, at which point I discovered that the entire right-of-center ideological orthodoxy and the entire economics profession refused to engage with or think about this at all, even though it was a very real problem.” In our conversation, Cass debunked claims that Trump’s tariffs were arbitrary and said they demonstrated bad faith on the part of the people claiming to have debunked them. “My sense is that a deputy press secretary gave a confusing answer to a question,” Cass said. “The US Trade Representative's office has put out a whole detailed explanation of this, with the formula they used and the sources that they used. It's a PDF you can download from the US Trade Representative's website. “If you're somebody whose goal is to just embarrass the administration and confuse people, then you find a confusing statement from a Deputy Press Secretary and say, ‘Oh, see, nobody knows what they're doing.’” Cass pointed to people claiming it was strange for there to be tariffs on small nations. “I think there has been a lot of very bad faith criticism and intentional pretend confusion for the sake of fomenting a narrative among people who should know a lot better,” he said. “One example of this is whatever random island that only has penguins on it that people are upset about. Like, ‘Oh, like why do they have a tariff rate for this island with these penguins on it?’ “The answer is because US trade policy is done through a very formal mechanism called the harmonized tariff schedule, which defines the exact set of territory for which you have to have tariff rates and the exact set of products for which you have to have tariff rates. And it's a very granular set of territories and it does have random islands and so forth as entries on the list. And so if you're going to then announce what the tariffs are by territory, you're gonna have something for the islands on the list, right?” Another piece of misunderstanding Cass was on the idea of “reciprocal tariffs. “There was certainly a communication challenge in calling them reciprocal tariffs,” said Cass, “which people understand to mean ‘Whatever they do to us, we do to them.’ We're sort of holding up a mirror. But there was plenty of messaging for a couple of months leading up to this that what they meant by reciprocal was more like proportional, that it was going to be in relation to the size of the imbalance that we have with the other countries. I wrote a long thing in February walking through what they seem to mean and how it might look.” People are playing dumb, in other words. “They did a like, ‘We just can't figure this out. This must be some crazy mistake.’ It’s people who, politely, are not trying very hard to figure it out and are well-served by claiming it can't be figured out when, in, when in fact it can.” Trump’s tariffs will likely bring back high-wage manufacturing jobs just like Reagan did when he demanded Japanese car companies manufacture in the U.S., explains Cass... Please subscribe now to support Public's award-winning journalism, read the rest of the article, and watch the full video!

Michael Shellenberger

505,112 просмотров • 1 год назад