Recent Posts

Military heads don’t like using troops domestically

Military leaders don’t like using troops for domestic purposes. It violates every rule they’re taught. You could see that wariness in the face of Gen Mark A Milley, the chairman of the joint chiefs of staff, after President Trump told governors that he’d just put Milley “in charge” of cracking down on protestors. Following Trump’s exhortation to the governors to ...

Read More »

Millennials happy to get on planes!

Europe’s airlines aren’t all made equal. German flag carrier Deutsche Lufthansa AG will receive a 9 billion-euro ($10 billion) bailout and it was obliged to offer only limited concessions to Brussels in return. Meanwhile, low-cost Hungarian rival Wizz Air Holdings Plc has benefited from only limited state support. Goliath gets the goodies, and David the gruel. But anyone paying attention ...

Read More »

The mighty US dollar is having a wobble now

The mighty US Dollar is having a wobble, falling to its lowest level on a trade-weighted basis since March. It’s a sign that the economic effects of the crisis are waning around the world. Perhaps it’s time for the US to rein in the unlimited economic stimulus, or at least keep some in reserve to fight specific fires rather than ...

Read More »
Send this to a friend