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Thursday, February 18, 2021

Good news - bad news.....

 

 

  • Wall Street Journal (not something I often read) reports: China overtook the U.S. as the world's top destination for new foreign direct investment last year, as the Covid-19 pandemic amplifies an eastward shift in the center of gravity of the global economy. New investments by overseas businesses into the U.S., which for decades held the No. 1 spot, fell 49% in 2020, according to United Nations figures. The 2020 investment numbers underline China's move toward the center of a global economy long dominated by the U.S. -- a shift accelerated during the pandemic as China has cemented its position as the world's factory floor and expanded its share of global trade.   
  • Stars & Stripes reports:  About 1,000 U.S. Marines left in limbo in Norway after Arctic drills were canceled because of coronavirus concerns will now be staying on until spring. The Marines will carry out their field training in accordance with Norwegian and U.S. COVID safety protocols.  The Marines say they will now press ahead with their Arctic mission. The Camp Lejeune, N.C.-based Marines are part of a rotational force that trains with the Norwegian military and other NATO allies. The Marines have been a regular presence in Norway since the Cold War and continue to keep large stockpiles of weapons in Norwegian caves. [All of this training and weapons supply depots are aimed at Russia.]
  • Podcaster & libertarian Scott Horton talks to Lyle Goldstein about the U.S.-Russia relationship and the future of global nuclear arms negotiations. Goldstein says that after the Cold War, the world’s nuclear weapon situation was mostly under control – as a result, people today have forgotten how dangerous these weapons are, as evidenced by the American government’s willingness to let old treaties lapse. Goldstein is Research Professor in the China Maritime Studies Institute (CMSI) at the United States Naval War College in Newport, Rhode Island. Listen to this excellent interview here.
  • Journalist Karl Grossman (co-founder of the Global Network in 1992) has been on a writing spree in recent weeks about the plans of the nuclear industry to push their dirty product into space.  His latest article has been appearing in many different venues including today in the Independent Australia. I tried to share it on the Global Network's Fazebook page but it was rejected due to a current dispute between the Australian government and Fazebook over money (of course). So for now no articles from any Australian media are allowed to be posted on Fazebook.  
  • Another story from Stars & Stripes: More than a dozen military bases stretching from Fort Drum in New York to Fort Hood in Texas were closed Tuesday as large swaths of the country were gripped by freezing temperatures and dangerous weather conditions. I love it when Mother Nature (in her rage against her ignorant and disobedient children) shuts things down so that even the mega-powered Pentagon has to sit in the time-out corner for awhile.  Expect more of this as the climate crisis worsens in the coming years.  Much of the crisis is in fact caused by the record-setting carbon bootprint by the Pentagon.  Sadly most climate change organizations won't yet acknowledge this fact.

You develop to the extent of your curiosity and no further. Remain endlessly curious about the world and your understanding will keep developing. Remain endlessly curious about yourself and your maturity will keep developing. Decide you know and your growth immediately stops.

 

Bruce 

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