“NATO Secretary General Jens Stoltenberg said that Ukraine has a right to use its Western-supplied weapons to defend itself against Russia, even if that includes striking targets within Russia’s borders.”
Insights for Navigating an Uncertain World
“NATO Secretary General Jens Stoltenberg said that Ukraine has a right to use its Western-supplied weapons to defend itself against Russia, even if that includes striking targets within Russia’s borders.”
Mark Skidmore is Professor of Economics at Michigan State University where he holds the Morris Chair in State and Local Government Finance and Policy. His research focuses on topics in public finance, regional economics, and the economics of natural disasters. Mark created the Lighthouse Economics website and blog to share economic research and information relevant for navigating tumultuous times. View more posts
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The empire appears to be facing a dwindling timeline, with the Western financial system teetering on its last legs. Despite various provocations, the desired outcomes have yet to materialize. Treasury Secretary Yellen is under pressure to push over $10 trillion in bonds onto the market this year, but it’s a seller’s market with no buyers in sight, a reality the elite are acutely aware of. The Arab states and China have opted for cautious strategies, declining to take the well-prepared bait regarding Gaza and maintaining a measured approach. Even the presence of US soldiers training Taiwanese forces just six miles off the mainland hasn’t sparked significant action. The failure to ignite a global conflict as planned could result in the collapse of hundreds of billions in futures, a grim and ironic spectacle to witness if not for its somber implications.