Was Ricardo’s Comparative Advantage Really Different From What Adam Smith Said About Foreign Trade?
In this episode, Murphy clarifies what is right and wrong on comparative advantage.
Prohibition: The Sword of the State
Prohibition is one way the government swings the fist of violence into our daily lives.
Blinkenâs BlinkersâFour Years of Biden Foreign Policy Failure
Anthony Blinkenâs term as US Secretary of State will be ending, although not soon enough. He had the misfortune of working for a president who pursues an aggressive and cynical foreign policy that is bound to end in failure.
Does Mass Immigration Adversely Impact the Natural Environment?
Opponents of President Bidenâs immigration policies have resorted to suing the Environmental Protection Agency to claim mass immigration harms the environment. Some observers have likened this to trying to nail Al Capone on income tax evasion.
đ¨WATCH: Auschwitz survivor Jerry Wartski rips Kamala Harris for calling President Trump a fascist:
đ¨WATCH: Auschwitz survivor Jerry Wartski rips Kamala Harris for calling President Trump a fascist: âI know more about Hitler than Kamala will ever know in a thousand lifetimes. For her to accuse President Trump of being like Hitler is the worst thing I've ever heard in my 75⌠pic.twitter.com/bdPnCImHRn — Trump War Room (@TrumpWarRoom) October […]
Trump Appears on ‘Joe Rogan Experience’ for Three-Hour Marathon Interview: ‘Could You Imagine Kamala Doing This?’
Former President Donald Trump spoke about how being a politician is a “very dangerous business” during an interview with Joe Rogan on the Joe Rogan Experience.
The post Trump Appears on ‘Joe Rogan Experience’ for Three-Hour Marathon Interview: ‘Could You Imagine Kamala Doing This?’ appeared first on Breitbart.
The US Was Inadvertently Responsible For The Sino-Indo Border De-Escalation Deal
The US Was Inadvertently Responsible For The Sino-Indo Border De-Escalation Deal
Authored by Andrew Korybko via Substack,
India announced earlier this week that it and China agreed to patrol their disputed border area in the way that it was before June 2020âs lethal Galwan River Valley clashes. This was made possible by China finally complying with Indiaâs long-standing request, which in turn paved the way for their leaders to hold a bilateral meeting on the sidelines of this weekâs BRICS Summit in Kazan. What many donât realize, however, is that the US was inadvertently responsible for facilitating their deal.
This analysis here from early May explains how summer 2023âs scandal about an alleged Indian assassination attempt against a Delhi-designated terrorist-separatist with dual American citizenship on US soil was a turning point in their ties. The US then continued with its good cop, bad cop game against India prior to pushing Canada to escalate its related dispute with India earlier this month. Even before the latest developments, however, Indo-US ties had already noticeably soured over this issue. Â
India and China held multiple rounds of talks on their disputed border since 2020, but no breakthrough had occurred until Indo-US ties became characterized by distrust as a result of summer 2023âs scandal and all that followed. China realized that those twoâs previous level of trust will never return, which assuaged its concerns that India is playing a leading role in the USâ containment policy. It was this shift in perceptions that then led to China reconsidering its informal policy towards their border dispute.
China had been reluctant to return to the status quo ante bellum since this was seen as a unilateral concession that could signal weakness and worsen its hand in the South China Sea. The drastic downturn in Indo-US ties, however, led to the aforesaid being perceived as a pragmatic means for managing the abovementioned concerns about India containing China in coordination with the US. The improvement of Sino-Indo ties could therefore place limits on the future improvement of Indo-US ones.
Finally complying with Indiaâs long-standing request for resolving their post-Galwan tensions and consequently placing their partnership back on track amidst the dramatic downturn in Indo-US ties could preclude the possibility of India participating in the USâ containment scheme. No improvement in Indo-US ties would occur at the expense of Sino-US ones if that happens after this sensitive problem is finally patched up by then and India thus no longer has the same threat perception of China as before.
China and India have natural economic complementarities, and if the worldâs two largest countries ever found a way to unleash their full mutual potential upon resolving their sensitive territorial issues and correspondingly restoring mutual trust, then global affairs would begin to revolve around them. Thatâs why the US has sought to divide-and-rule them through information warfare and its Kissingerian âtriangulationâ policy, but this failed after it went too far pressuring India over summer 2023âs scandal.
About that, the US never respected India as an equal partner and instead sought to subjugate it as a vassal by demanding that India comply with the Westâs unilateral sanctions against Russia, which was unacceptable for both economic and principled reasons. The US also feared Indiaâs astronomical rise as a Great Power since the start of the special operation, fueled to a large degree by discounted Russian energy, since this accelerated multipolar processes to the detriment of its unipolar hegemony.
That explains why it exploited summer 2023âs scandal to worsen their ties, meddled in this yearâs earlier general elections, and even helped overthrow the Bangladeshi government a few months ago in order to pressure India into complying with these demands and then punishing it when this didnât happen. Military and trade ties remain stable for now, but it canât be taken for granted from Indiaâs perspective that this will remain the case as their political ties continue to deteriorate over summer 2023âs scandal.
They can quietly manage their competition in Bangladesh and try to find a modus vivendi there, while the USâ meddling wasnât direct nor intense enough like in other elections to seriously worsen their ties, which is why summer 2023âs scandal remains the most troublesome of their disputes. Instead of letting it subside, the US continues exacerbating it at periodic intervals, both on its own and via its Canadian proxy. This informed India that the US has malicious intentions and can never be fully trusted again.
Accordingly, India was therefore pleased that China finally decided to comply with its long-standing request for resolving their post-Galwan tensions and getting bilateral ties back on track, which showed the US that India will never become its vassal. Additionally, India also demonstrated that itâs influential enough to further accelerate multipolar processes to the detriment of the USâ unipolar hegemony as revenge for being mistreated, though its wayward partner still might not change its ways.
Even on the off chance that it does, the mutual trust that used to characterize their ties before summer 2023âs scandal will never return, thus ruling out the possibility that India will contain China in coordination with the US in the future. This is especially so after China just removed the primary irritant in their relations over the past four years that was responsible for driving the military dimension of Indo-US ties that prompted the Peopleâs Republic to speculate that India was trying to contain it with the US.
In retrospect and provided that the incipient Sino-Indo rapprochement continues, the USâ pressure campaign against India might be seen as a game-changer due to how tremendously itâs poised to reshape the global systemic transitionâs strategic dynamics. The meaningful improvement of Sino-Indo relations could lead them closer to unlocking their full mutual potential, which would revolutionize International Relations if successful and thus bring an even swifter end to the USâ unipolar hegemony.
Tyler Durden
Fri, 10/25/2024 – 23:25
Watch: Trump And Rogan Have A Wild Interview
Watch: Trump And Rogan Have A Wild Interview
Former President Donald Trump appeared on the Joe Rogan podcast Friday, where they discussed a wide range of topics for three hours.
Watch:
Highlights:
Getting rid of income taxes:
JOE ROGAN: âDid you just float out the idea of getting rid of income taxes and replacing it with tariffs? â Were you serious about that?â
DONALD TRUMP: âSure, why not?â pic.twitter.com/VGLbUdk8j8
â America (@america) October 26, 2024
Hoaxes perpetrated against Trump:
Trump and Rogan GO OFF on the corrupt mainstream media spreading hoaxes such as the bloodbath hoax, the very fine people hoax, and the Russiagate hoax: pic.twitter.com/qZJcZsf8oM
â The Post Millennial (@TPostMillennial) October 26, 2024
Why Democrats are in favor of illegal immigration:
Donald Trump on the reason why Democrats are in favor of illegal immigration: âThey hate our country, theyâre stupid, or they want to buy votes. Itâs one of those three.â pic.twitter.com/c0RDSLNkWW
â America (@america) October 26, 2024
Trump on bad White House hires:
đşđ¸ TRUMP: SOME OF MY ADVISORS TURNED OUT TO BE BULLIES AND IDIOTS
“It always comes back to the same answer.
The biggest mistake I made was I picked a few people I shouldn’t have picked.
Neo-cons, or bad people, or disloyal people, a guy like Kelly who’s a bit of a bully.⌠https://t.co/OBZTQgWXEp pic.twitter.com/X7ZQGVsqXN
â Mario Nawfal (@MarioNawfal) October 26, 2024
Keeping Iran, Hezbollah and Hamas in check:
Trump says he kept Iran, Hezbollah and Hamas in check by threatening China’s business interests in the US if they bought even one barrel of oil from Iran. pic.twitter.com/tlIl04yeMQ
â The Post Millennial (@TPostMillennial) October 26, 2024
The two discussed the horrible condition California is in thanks to Gov. Gavin Newsom:
âHow about just keep your fucking house clean.â
Joe Rogan and Donald Trump slam Gavin Newsom for âcleaning upâ San Francisco for Xi Jinping. pic.twitter.com/Vne8bu4KLO
â Mythinformed (@MythinformedMKE) October 26, 2024
Trump on getting shot:
Trump shows off his bullet scar to Joe Rogan: âIt makes me a tougher guy.â 𤣠pic.twitter.com/7sglMnHdog
â Benny Johnson (@bennyjohnson) October 26, 2024
Trump on Musk:
Donald Trump on Elon Musk: âThat guy is such a great guy⌠Starlink⌠He got it for them so fast, saved so many lives.â pic.twitter.com/N1bSbjoXPS
â America (@america) October 26, 2024
“Surreal” – On what it was like when Trump won the 1st time:
Donald Trump is a legend and a hero.
And if you donât understand that, you are an idiot. pic.twitter.com/nHDrf2wUjY
â Viva Frei (@thevivafrei) October 26, 2024
“I want to be a whale psychiatrist” – Offshore windmills and how they affect whales:
TRUMP: “I want to be a whale psychiatrist.”
Trump discusses offshore wind mills with Joe Rogan. pic.twitter.com/8T4NpIDA3T
â Daily Caller (@DailyCaller) October 26, 2024
“You’ve said a lot of wild shit!” – Why Trump became so popular:
.@joerogan explains to Trump why he started to get so much media attention: “People were tired of someone talking in this bullsh*t, preprepared politician lingo.” pic.twitter.com/0Yh0hkeGZi
â Daily Caller (@DailyCaller) October 26, 2024
Trump on Barron:
Trump says that Barron is helping him with youth outreach.
“So I have a sonâhe’s very smart and tall. Barron. He knows all about you. He knows about guys I’ve never heard of…and I’ve gone up 30 points…with young people.” pic.twitter.com/sl59wHiwfm
â America 2100 (@America_2100) October 26, 2024
“Big pharma wasn’t thrilled” – Trump on pressure not to work with RFK Jr.:
Joe Rogan: “Do you have anyone that is pressuring you to not work with [RFK Jr]?”
Trump: “Yes…Big Pharma wasn’t thrilled.” pic.twitter.com/C7OPP2nivg
â America 2100 (@America_2100) October 26, 2024
Tyler Durden
Fri, 10/25/2024 – 23:06
Hurricane Kristy Public Advisory
…KRISTY WEAKENING RAPIDLY…
As of 8:00 PM PDT Fri Oct 25
the center of Kristy was located near 17.6, -126.9
with movement NW at 15 mph.
The minimum central pressure was 968 mb
with maximum sustained winds of about 105 mph.