Tuesday, August 29, 2023

Milei's War Mastiffs

Javier Milei, the leading candidate to Argentina's presidency lives with 4 Spanish mastiff war dogs, each weighing 100 kg. The four are identical twins. The dogs have their own air-conditioned rooms. It is crazy, but less crazy than Pablo Escobar's crocodiles and hippopotami and panthers.  

Monday, August 28, 2023

Bon Mot

 


David P. Goldman

The inmates have taken over the lunatic asylum in America, and are chanting in unison, "We're winning in Ukraine and China is collapsing."

Saturday, August 26, 2023

Another week misspent


 I did no work all the last week. I spent no time in the gym or the pool. Took no sleeping pills and drank no wine. Did nothing worth remembering. I slept a lot and day-dreamt. Need to find a goal, like buying an apartment next to home for our little daughter. But is it realistic to plan so far ahead at age 77? If not, what? Wait for some disease and zehu! The painting shows the 5 Mast Barque Potosi. It was designed to carry guano from Peru to Germany. One of the last sailing ships built. 

Friday, August 25, 2023

Fighting Slavery

 
The British Empire sent its powerful navy to chase and sink slave carriers from West Africa to Cuba and Brazil, places where strong malaria-resistant agricultural laborers were needed.
They rescued thousands. Three hundred years later, The Economist continues fighting the human trade.

This statement sets out The Economist Group's actions to understand all potential modern slavery risks related to its business and to put in place steps that are aimed at ensuring that there is no slavery or human trafficking in its own business and its supply chains. This statement relates to actions and activities during the financial year 1 April 2021 to 31 March 2022.

As part of the independent global media and information-services industry, we recognise that we have a responsibility to take a robust approach to slavery and human trafficking, and we continue to invest into our internal risk & control structures.

Our organisation is fully committed to preventing slavery and human trafficking in its corporate activities, and to ensuring that its supply chains are free from slavery and human trafficking.

Observation: The autocorrect robot found 3 grammatical errors in the passage above.  

Wednesday, August 23, 2023

Is China collapsing? Really?

 
The world media is unanimously reporting China's accelerated crisis: demographic, economic, debts, banking, construction, etc. Yet China's GNP is growing at 5-6% this year (source: The Economist) in comparison with America's 1-2% and Europe's -1%.  Who is collapsing? 

BTW, Israel is growing at 3-4% in 2023 which is very nice. Compared with the dark prophesies of the anti-government press. The Bourse believes in the HaAretz fish wrap and is considerably behind the wonderful rise of the NASDAQ. That is in spite of the 10% devaluation of the shekel vis-a-vis the dollar.  I believe that TASE will - eventually - synchronize with Nasdaq. 


Tuesday, August 22, 2023

Canicula


32 Celsius and cannot work. I cannot get organized with those Hinanit clients. Tenne and Helfgott are pending. Why do I not start working on them? 

Monday, August 21, 2023

America The Audacious



The non-somnolent Biden government is showing a willingness to take surprisingly bold risks like the new industrial policy of offering 60% subsidy to chip fab and rare metals investments. And it is working: Taiwanese and South Koreans are moving factories to the USA. Israeli start-ups are also moving. Open borders are sucking in the workforce from all over the world. The streets show a terrible picture of drugged White youths, unpunished Black shoplifting, and diverse street prostitution, but the rot is not corroding the core.