TASE - Up or down?

We have 25% unemployed, whole branches crashing (airlines, gas, turism, etc.) yet the bourse is rising. Energy prices are supercheap all over the world, and that should mean prosperity. Central banks are buying industrial loans and bonds, flooding private sectors with liquidity. I am not investing in the last month and missing profits. I dont know what to do.

Yesterday I ate about 150 gr roquefort style soft blue cheese with black bread and red wine. I had been feeling tired and dispirited. At night  it was burning my insides so bad that I thought that the green fungus had poisoned me. Yet in the morning felt well. I am too old for excess. 

Towards the Abolition of Biological Race

I thought that the right direction was to personalize medicine, to taylor treatment to the biological group and then to the individual. But justice (as above) demands to treat all as a homogeneous mass.

Obsession

On the refugee front, I spent an entire chapter of my dissertation trying to understand why Black folks in the US don’t qualify for asylum elsewhere, and the answer is, as usual, racism.

(Did she try Nigeria?)

De-Globalization

The West has learned that globalization was good in the short term but it is harming it in the long term.  Globalization, tht is the opening up of national markets, a constant drive of imperial powers since England tried to achieve free commerce with Spain's American colonies, is now reversing. It happens that China is producing better and cheaper manufactures and the West cannot compete. Just as Manchester's mechanized textile industry (pic) destroyed India's home manufacture, China has now destroyed much of America and Europe's local industries. Huawei is so advanced that threatens to destroy America's communication industry.
My impression from the latest annual meeting of the CCP is that they understand the situation and the violent rage it produces in the West. Since they do not want war, China will focus from now in developing its internal market.

De-globalization means higher prices and inflation. The only refuge is the stock market. 

America Thorn

The fact that the current wave of racial riots in the USA started in Minneapolis, the most liberal-progressive city of all, shows that liberalism causes disorder and war, and that strong authoritarian regimes keep the peace. The abandonment of the government to African politicians and the manning of the police by Africans did not neutralize the anarchistic movements, but had the opposite effect.

Minneapolis Major Jacob Frey is a young Jew who defeated its opponent thanks to the radical wave within the Democratic Party. President Trump defined him as the "weak radical Democratic major" and proposed to intervene to restore law and order. It seems to me that that the current disorder favors Trump. On the other hand, one cannot know how the mass of Americans will react.

The Democratic candidate is Joe Biden, nearing eighty, and looking rather weak and senile. The illustration does not proe anything, but it is funny. Reagan was definitely senile yet he made a great President. I better liked the America of twenty years ago. But that is only natural. 

Riots in the big cities of America

"Demonstrators protest at CNN headquarters in Atlanta, defacing the logo at the front of the building on Friday in one of the many protests across the country following the death of George Floyd in police custody in Minneapolis."

Is this good for the Democrats? Is this the end of Trump? I have no idea. There seem to be anger directed against the police, against CNN (!), and some against Trump. 

A sunny day in Kfar Saba