Another rail of US-China competition emerges in central bank digital currencies (CBDCs), intersecting areas of monetary policy, world financial order, and technology. Here's why we should pay attention: 🧵
The White House has released reports encouraging research on the Digital Dollar.
China has been racing ahead on digital currency, but it is not alone. According to our research, 16 of the G20 economies are further ahead than the US.
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The bond market is screaming at us to stop the deficit spending
For almost two decades, America enjoyed a moat that very few countries in the world can afford, which was cheap cost of capital
We should have taken these dollars and built out infrastructure like never before. Bridges, tunnels, roads, factories and everything in between
Instead, we funded social services for boomers who already had too much, pushed on ESG and wokeness to folks who had too little, and awarded massive foreign aid to organizations who never deserved it
Probably one of the worst allocations of capital in history on a national scale. History will not look back kindly at us
@Spikels@lulumeservey I remember in his latest gubernatorial election he didn't even submit a candidate statement to the voter packet. Like, imagine feeling that entitled to your peoples' votes that you don't even bother telling them about yourself!
During my senate campaign in 2022, I met a Ukrainian-American man in NE Ohio. He was very angry about my views on the conflict, and my desire to bring it to a rapid close.
"You are trying to abandon my country, and I don't like it."
"Sir, I replied, "your country is the United States of America, and so is mine."
I always found it offensive that a new immigrant to our country would be willing to use the power and influence of their new nation to settle the ethnic rivalries of the old.
One of the most important parts of assimilation is seeing *your* country as the USA. It's part of the bargain: if you're welcomed into our national family, you ought to look out for the interests of the United States. I know many immigrants who have the right perspective, and I'm grateful to them. For example, I met many Ukrainian Americans during that campaign (and since) who agreed with my views, or at the very least, asked the right question: what is in the best interests of the United States?
Vice President JD Vance has a powerful message for young men 🔥🔥
“My message to young men is don’t allow this broken culture to send you a message that you’re a bad person because you’re a man, because you like to tell a joke, because you like to have a beer with your friends, or because you’re competitive.
Our culture “wants to turn everybody, whether male or female, into androgynous idiots who think the same, talk the same, and act the same.”
“We actually think God made male and female for a purpose, and we want you guys to thrive as young men, and as young women. And we’re going to help with our public policy to make it possible to do that.”
Amen.
@BillHughesDC Growing up is looking up to this vision of executive leadership. Maturing is appreciating @HouseofCards for its very realist, human depiction.
Wow. New York Magazine literally cropped out everyone black in the photo so that they could fit the narrative that it was an all white party. You don’t hate the media enough.
@atrupar The Democrat party spent decades taking money from special interests, now POTUS wants to do some Eisenhower type farewell address to say it's not ok when the other side gets organized?
@bennyjohnson For any civilians reading this - it is 100% accurate and truthful.
Another situation that comes to mind. A submariner (Sailor) took a photo of his bunk, severely punished.
Hillary ran an email server in her closet with HIGHER than top-secret content on it, NO PUNISHMENT.
Lawfare needs to stop.
Instead of fighting real crime, under the Democrats, citizens are prosecuted, while serious criminals run free.
In fact many of the criminals are in the government. At least for another 5 days.
I’ve lived in California for 49 years: N. California, S. California & Central Coast. Many will stay after the fires. Many, however, will leave. The need for new leadership is urgent. Nature will do her thing, but the context these fires hit exponentially amplified the losses.
Hi Chris - I have a Master's in Computer Science and if I get laid off I'll get locked out of my industry by cheaper foreign replacements. Should I just go learn to wrap burritos to support my family?
It went from “there’s a shortage of engineers!!!” to “unemployed engineers should be content microwaving chicken in teriyaki syrup” in T-minus two weeks
I find this grandstanding from Senate Democrats over the Hegseth confirmation perplexing.
We haven't won a war in three decades and we have a major recruitment challenge.
Hegseth is assuredly NOT more of the same, and that's good!
The privatization of government happens when the state fails its citizens. Private security. Private education. Private resources.
We’ve been privatizing the functions of government for decades. The question is how much more extreme will this look if we stay on this path. Article below.
"All of this is not to say salt water absolutely couldn't be used to fight the Los Angeles fires, but it's not the ideal solution."
Ideal solution = Stop the fires at all costs
Not ideal = Allowing buildings to burn because LA prioritized plant life
https://t.co/M3nYBVLM7f