Malmesbury

The idea that China can pivot on a dime to selling internally doesn’t work. The whole setup is about export. Which means there will be an emphasis on non-US markets. I’m thinking 2 months before the … (View Post)

Also, the supply chains were far shorter and less complex. Also there was vastly less specialisation - most countries made *some* of everything. Smoot-Hawley was still a disaster. On an epic, epic sc… (View Post)

It’s all been done before. Pericles turned the Athenian League into the Athenian Empire. The allies became subjects. The treasury of the Athenian League was held in Athens. This became the property o… (View Post)

No. Milei is implementing a fairly conventional set of structural changes - it's just dramatic in terms of the disaster area that is the Argentine economy. It was a country where inflation was at 250… (View Post)

Rather unfair on voodoo, really. "My name," a voice said, and Bobby wanted to scream when he realized that it came from his own mouth, "is Samedi, and you have slain my cousin's horse. (View Post)