Jack provides a brief overview of important developments in the global economy this past week, focusing on China. Renewed financial bubbles in real estate and rapidly slowing China exports that reflect a slowing global economy are discussed, as is the Asia region economy in general. The ‘canary in the Asian economy goldmine’, Singapore, recorded a -4.1% GDP contraction, as shipping sector indicators reveal a global economy and trade continuing to stagnate. Most of the show then focuses on the 2nd presidential debate of last week. Special attention is given to the comments by Clinton on the Russians—i.e. the declaration of alleged hacking of the Democratic party; the assertion that Russia is behind the recent Wikileaks revelations about Hillary’s ‘dual’ strategy (of saying one thing in closed meetings to business and bankers while another, sometimes opposite, to the general populace in her campaign); and her explicit statement in the debate the US should impose ‘no fly zones’ and commit US special forces to the conflict in Syria. Is the US sliding toward a direct confrontation with Russia in Syria? Does Hillary’s position represent the US war hawks’ re. Syria? Reading between the lines, the 2nd presidential debate appears to suggest so.
U.S. Standing Alone Against Children
Lawrence Wittner points out [1] that the United States will soon be the only nation on earth that has not ratified the Convention on the Rights of the Child [2]. And why not? Wittner focuses on general backward stupidness: the treaty would “override” the Constitution or the importance of families or the rights of parents. He points out the treaty’s support for parents and families …