Sovereign risk is typically the domain of people on Wall Street, Multinational corporates, & those in business schools. Most Americans don't think much about our own sovereign risk because the United States has been where others go to escape it. We have been the reserve currency.
We pay lower interest rates on our debts (both governmental and personal) because our nation has been the lender of last resort and the world's reserve currency.
Because of my experiences working around the world dealing with non-democratic states,I have on occasion been retained to go into countries for clients to assess political risk before they invest. Typically, they want to know if government changes will put their investments at risk to the changing domestic tides.
Today, our political culture has far more in common with places like Hungry, Haiti, Senegal, or Thailand than with countries like Germany, Canada, or the United Kingdom. We now rank 57th Globally in terms of how our politics is played.
If you think, well, this is just a bunch of Europeans judging us, ask yourself -- do Canadian chant "lock them up" to political opponents? Do Brits storm the houses of parliament to overturn elections?
Do Japanese who feel they can't trust the police take to the streets and burn police precincts? Unfortunately, those things do happen in the places which are now our peers.
The bottom line is that all of those are places where people like me get retained to do sovereign political risk assessments. Today, if I were asked to do such an assessment in the United States, I would conclude a level of political risk that has never been present before.
https://threadreaderapp.com/thread/1417 ... YNPgX8UIwc
We’re as Good as Ghana!
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We’re as Good as Ghana!
MAGA.
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Re: We’re as Good as Ghana!
kalm wrote: ↑Tue Jul 20, 2021 9:39 am MAGA.
Sovereign risk is typically the domain of people on Wall Street, Multinational corporates, & those in business schools. Most Americans don't think much about our own sovereign risk because the United States has been where others go to escape it. We have been the reserve currency.
We pay lower interest rates on our debts (both governmental and personal) because our nation has been the lender of last resort and the world's reserve currency.
Because of my experiences working around the world dealing with non-democratic states,I have on occasion been retained to go into countries for clients to assess political risk before they invest. Typically, they want to know if government changes will put their investments at risk to the changing domestic tides.
Today, our political culture has far more in common with places like Hungry, Haiti, Senegal, or Thailand than with countries like Germany, Canada, or the United Kingdom. We now rank 57th Globally in terms of how our politics is played.
If you think, well, this is just a bunch of Europeans judging us, ask yourself -- do Canadian chant "lock them up" to political opponents? Do Brits storm the houses of parliament to overturn elections?
Do Japanese who feel they can't trust the police take to the streets and burn police precincts? Unfortunately, those things do happen in the places which are now our peers.
The bottom line is that all of those are places where people like me get retained to do sovereign political risk assessments. Today, if I were asked to do such an assessment in the United States, I would conclude a level of political risk that has never been present before.
https://threadreaderapp.com/thread/1417 ... YNPgX8UIwc
Yeah. MAGA.
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"The future must not belong to those who slander the prophet of Islam." Barack Obama, 9/25/12
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Re: We’re as Good as Ghana!
Were your pants around your ankles reading that one Cleets, I mean, kalm?
The lagging indicator, & more troublesome, is the EIU's conclusions about the decline in our political culture. Since Donald Trump's arrival on the political scene, it has fallen off a ledge.
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Re: We’re as Good as Ghana!
MAGA? This criticism goes beyond MAGA. MAGAts aren't storming police precincts and courthouses.kalm wrote: ↑Tue Jul 20, 2021 9:39 am MAGA.
Sovereign risk is typically the domain of people on Wall Street, Multinational corporates, & those in business schools. Most Americans don't think much about our own sovereign risk because the United States has been where others go to escape it. We have been the reserve currency.
We pay lower interest rates on our debts (both governmental and personal) because our nation has been the lender of last resort and the world's reserve currency.
Because of my experiences working around the world dealing with non-democratic states,I have on occasion been retained to go into countries for clients to assess political risk before they invest. Typically, they want to know if government changes will put their investments at risk to the changing domestic tides.
Today, our political culture has far more in common with places like Hungry, Haiti, Senegal, or Thailand than with countries like Germany, Canada, or the United Kingdom. We now rank 57th Globally in terms of how our politics is played.
If you think, well, this is just a bunch of Europeans judging us, ask yourself -- do Canadian chant "lock them up" to political opponents? Do Brits storm the houses of parliament to overturn elections?
Do Japanese who feel they can't trust the police take to the streets and burn police precincts? Unfortunately, those things do happen in the places which are now our peers.
The bottom line is that all of those are places where people like me get retained to do sovereign political risk assessments. Today, if I were asked to do such an assessment in the United States, I would conclude a level of political risk that has never been present before.
https://threadreaderapp.com/thread/1417 ... YNPgX8UIwc
Trump might have brought it to a head but the decline started long before Trump. Democrats obstructed, criticized and mocked Trump. Republicans obstructed, criticized and mocked Obama. Democrats obstructed, criticized and mocked Dubya.
Trump and the MAGAts are not the cause of the affliction. They are a symptom.
Being wrong about a topic is called post partisanism - kalm
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Re: We’re as Good as Ghana!
Lazy wishful thinking, to coin a phrase. Do you actually read these dumbass links before you post them, Klam?kalm wrote: ↑Tue Jul 20, 2021 9:39 am MAGA.
Sovereign risk is typically the domain of people on Wall Street, Multinational corporates, & those in business schools. Most Americans don't think much about our own sovereign risk because the United States has been where others go to escape it. We have been the reserve currency.
We pay lower interest rates on our debts (both governmental and personal) because our nation has been the lender of last resort and the world's reserve currency.
Because of my experiences working around the world dealing with non-democratic states,I have on occasion been retained to go into countries for clients to assess political risk before they invest. Typically, they want to know if government changes will put their investments at risk to the changing domestic tides.
Today, our political culture has far more in common with places like Hungry, Haiti, Senegal, or Thailand than with countries like Germany, Canada, or the United Kingdom. We now rank 57th Globally in terms of how our politics is played.
If you think, well, this is just a bunch of Europeans judging us, ask yourself -- do Canadian chant "lock them up" to political opponents? Do Brits storm the houses of parliament to overturn elections?
Do Japanese who feel they can't trust the police take to the streets and burn police precincts? Unfortunately, those things do happen in the places which are now our peers.
The bottom line is that all of those are places where people like me get retained to do sovereign political risk assessments. Today, if I were asked to do such an assessment in the United States, I would conclude a level of political risk that has never been present before.
https://threadreaderapp.com/thread/1417 ... YNPgX8UIwc
And I didn’t know Hungry was a country. I thought it was a food deficit symptom. Anyway, shows you what a detail man Trygve Olson is.
Last edited by Ivytalk on Wed Jul 28, 2021 7:56 am, edited 1 time in total.
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Re: We’re as Good as Ghana!
How does one abolish profit? Do these dumb-dumbs actually believe humans/corporations/governments are actually capable of altruism?
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Re: We’re as Good as Ghana!
Kalmy gets so busy blurring the lines of appeasement, mollycoddling and general wishy-washyness that he forgets which side he intends to "GOTCHA"
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Re: We’re as Good as Ghana!
All I want is to Make America Great Again...and all hell breaks loose.UNI88 wrote: ↑Tue Jul 20, 2021 10:18 amMAGA? This criticism goes beyond MAGA. MAGAts aren't storming police precincts and courthouses.
Trump might have brought it to a head but the decline started long before Trump. Democrats obstructed, criticized and mocked Trump. Republicans obstructed, criticized and mocked Obama. Democrats obstructed, criticized and mocked Dubya.
Trump and the MAGAts are not the cause of the affliction. They are a symptom.
But you raise some fair points. This thread has potential...
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Re: We’re as Good as Ghana!
Appeasement?
Mollycoddling???
You’re always my #1 trophy, Andy!
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Re: We’re as Good as Ghana!
I must have missed where the author suggested abolishing profit.
Humans are capable of altruism. I’d like to think that you, are altruistic.
What use is a corporation or government if they are not altruistic?
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Re: We’re as Good as Ghana!
Most capable of altruism in order:
1) Humans
2) Corporations
3) Governments
Being wrong about a topic is called post partisanism - kalm
Re: We’re as Good as Ghana!
There's a sign above to abolish profit.
There are random acts of altruism, I'll give you that. But I was saying overall - we are a selfish people.
Turns out I might be a little gay. 89Hen 11/7/17
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Re: We’re as Good as Ghana!
Make America Ghana Again?kalm wrote: ↑Tue Jul 20, 2021 12:53 pmAll I want is to Make America Great Again...and all hell breaks loose.UNI88 wrote: ↑Tue Jul 20, 2021 10:18 am
MAGA? This criticism goes beyond MAGA. MAGAts aren't storming police precincts and courthouses.
Trump might have brought it to a head but the decline started long before Trump. Democrats obstructed, criticized and mocked Trump. Republicans obstructed, criticized and mocked Obama. Democrats obstructed, criticized and mocked Dubya.
Trump and the MAGAts are not the cause of the affliction. They are a symptom.
But you raise some fair points. This thread has potential...
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Re: We’re as Good as Ghana!
"I was going to build a plant in America, but I'm afraid a bunch of MAGA men might burn it down."
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Celebrate Diversity.*
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*of appearance only. Restrictions apply.
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Re: We’re as Good as Ghana!
I used to make good money picking fruit until all them eelegals showed up
The best way to keep people passive and obedient is to strictly limit the spectrum of opinion but allow very lively debate within that spectrum - Noam Chomsky
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Re: We’re as Good as Ghana!
Maybe you shouldnt have quit your job bushhogging the interstate median
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Re: We’re as Good as Ghana!
Bushhoggi. Wasn’t he that journalist that was murdered by Saudi thugs?
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Re: We’re as Good as Ghana!
The best way to keep people passive and obedient is to strictly limit the spectrum of opinion but allow very lively debate within that spectrum - Noam Chomsky
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Re: We’re as Good as Ghana!
I'd never have quit a sweet deal like that. Those guys make a living wage
The best way to keep people passive and obedient is to strictly limit the spectrum of opinion but allow very lively debate within that spectrum - Noam Chomsky
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Re: We’re as Good as Ghana!
* brushhogging