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Post comments on any topic. Civil discussion and no coarse language please. Side discussions and idees fixes to the sandpits, please. I’m now using Substack as a blogging platform, and for my monthly email newsletter. For the moment, I’ll post both at this blog and on Substack. You can also follow me on Mastodon here. Share this:Like this:Like Loading...

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Russia defies sanctions with homemade Sukhoi Superjet — Scott Foster

A Russian passenger jet built almost entirely with domestically manufactured components completed its first test flight on August 29, a launch that gave Yakovlev Design Bureau and United Aircraft Corporation’s (UAC) respective shares on the Moscow Exchange a buoyant lift.Designed by Yakovlev and manufactured by UAC at its Komsomolsk-na-Amure factory, the new Sukhoi Superjet 100 (SSJ-100) is a narrow-body regional aircraft with a range of 4,578 kilometers (2,472 nautical miles) that can carry...

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The Rise of BRICS and the Fall of the G20 — Larry Johnson

You should not look at the war in Ukraine as an isolated phenomena with no bearing on the global economic order. The war in Ukraine is a symptom of the breakdown in the Western dominated “rules based” international order and this disruption is reverberating around the world. The recent coups in Africa, for example, are another sign that the vassals of the Western feudal lords are no longer willing to be de facto colonial subjects. They want some measure of independence and are turning to...

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The menace of the myth of General Pinochet’s Chilean economic miracle

By Thomas PalleySeptember 11, 2023, marks the fiftieth anniversary of General Pinochet’s military coup against Chilean President Salvador Allende. While it is now widely recognized that Pinochet authorized large-scale human rights abuses, there is an accompanying narrative that he also unleashed an economic miracle via embrace of Milton Friedman’s “Chicago Boys” vision of a market economy.The “Pinochet economic miracle” narrative is profoundly misleading. Worse yet, it is a political menace...

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RT — Moscow releases Russia-China de-dollarization update

The de-dollarization of Russia-China trade is practically complete, according to Georgy Zinoviev, the director of the Russian Foreign Ministry’s First Asian Department, as cited by RIA Novosti.…The share of national currencies in Russian-Chinese payments is growing at an extremely rapid pace,” Zinoviev told the news agency. “At the beginning of 2022 it was hovering around 25%, now it is exceeding 80%.”...RT — Question More (Russian state-sponsored medMoscow releases Russia-China...

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No Free Lunch Ignoring Social Security’s Timely Cheap Fix Costs You

Dale Coberly Talks Social Security . . . For over ten years I have been telling anyone who would listen . . . about ten people . . . that the great “Looming Unfunded Twenty-Two Trillion Dollar Deficit! . . . stealing our children’s future,” reported in all the high-end news sources by all the high-end reporters, columnists, nonpartisan experts, serious people, and other liars turns out to be really, really small when you actually “do the...

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Integrity Use to Be a Valuable Commodity in New Home Building

Our first new home purchase. I knew we were to have issues and would be working through them. It was new and something we had not had before. Arizona’s Registrar of Contractors says they are seeing an uptick in complaints against new home builders. Residents in Maricopa City is south of Phoenix where state highway 347 leads into the center of town. State Highway 347 is a coarse gravel highway with a speed limit of 65 except nobody obeys the limit...

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Medicare Spending Curve Bent

In 2010 Congress passed the Patient Protection and Affordable Care Acts (there were 2) from now on called the ACA. One of the aims was to bend the Medicare spending curve and, they hoped (or dreamed) stop the increase in spending per beneficiary. The spending per beneficiary ceased increasing. Oh crap Chrome refuses to upload an image (and says I am offline while also opening other pages. I should have kept my oath). sorry for...

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