Guess who was wearing a mask
With Australia under pressure from China, the French President declared: “You are at the forefront of the tensions that exist in the region, of the threats, and sometimes of the intimidation. I want to reiterate here how much we stand by your side.” “We are good friends, we are good partners”, Morrison told Macron later in remarks over an official dinner. “We share common goals and we share common values and that’s why our partnership with liberty and affinity I think is one that we’ll be able to progress further this evening.” ‘It’s a stab in the back’ What the PM didn’t mention was that he had just held talks in Cornwall with US President Joe Biden and UK PM Boris Johnson about a proposal for a tripartite alliance, the most spectacular immediate element of which would be dumping the $90 billion plan underway to build French submarines in Australia in favour of some (yet to be worked out) plan to build American (or British) ones (for some unspecified amount of money). In fact, nobody bothered mentioning this rather significant change of heart to the French until hours before the announcement was made jointly, with much pomp early on Thursday morning Australian time, with Morris
Source: Australia’s nuclear submarine deal fundamentally changes our relationship with the world – ABC News
The competence a politician has and displays is the Bitcoin of the modern business. If you’re competent enough and present as such, with the typical confidence high-achieving pols have in abundance, your selling price is on the escalator. Just like the roller coaster ride Bitcoin traders know so well, when a political leader falters in competence and starts looking to be out of his or her depth your value takes a dive. Right now Scott Morrison is like Bitcoin. He spent 2020 on the rise – hitting unprecedented highs over time – but then slumped in the early months of 2021.
Source: From character to competence, ‘Scotty from Marketing’ is in a world of pain
The veteran investor says that’s because even more debt has accumulated in the global economy since the financial crisis, especially in the US.
via Veteran investor Jim Rogers says next bear market will be ‘the worst in our lifetime’
It may be hard to believe now, but in 1970 the protest song “War,” sung by Edwin Starr, hit number one on the Billboard Hot 100 chart. That was at the height of the Vietnam antiwar movement and the song, written by Norman Whitfield and Barrett Strong, became something of a sensation. Even so many years later, who could forget its famed chorus?
Source: War, What Is It Good For? Absolutely Nothing. | Common Dreams | Breaking News & Views for the Progressive Community