Recommended Reading
Top Blling! Dr. Steven Metz at SWJ Blog – Trends, Threats, and Expectations
Big Steve sets off a robust discussion after his participation in a Pentagon conference on strategic futurism and a SWJ Blog post.
Chicago Boyz (David Foster) – Indoctrination at U-Delaware
The heavy, taxpayer-subsidized, propaganda hand of the multiculturalist-critical race theorist Left at the University of Delaware.
FT.com – China calls for new reserve currency
I see this more of serious signal to the American elite from their nervous Chinese counterparts that the moves by the Fed to counter a deflationary spiral by running the printing press are viewed in Beijing as a serious threat to Chinese national interests. In a world of fiat currencies, a “supra-fiat currency” backed by the IMF that depends heavily on the U.S. is a hollow threat to the dollar except as a technical toy for tweaking currency fluctuations. The IMF has no economy, no vital resources, no global stockpile of gold and no ability to project military power to back such a supra-currency and give the paper value. The dollar only matters because of global faith in the power and standing of the United States – a quality swiftly being discounted due to the policies of Bernancke and the Obama administration.
Other views on this or a related topic: John Robb , The Newshoggers.com , naked capitalism , The Moderate Voice ( Ironically, I checked out sites by actual economists tonight, including Brad DeLong and they didn’t have anything up on this yet. Weird. Kinda like me ignoring a new war)
Fabius Maximus – All you need to know about Ayn Rand, savior of modern conservatism
FM opens up a can of worms by posting on radical free marketerr philosopher-novelist Ayn Rand, who in point of fact bitterly repudiated conservativism (William F. Buckley and Whittaker Chambers returned the compliment by savaging Rand in a hysterical review of Atlas Shrugged in National Review). Interestingly, some of FM’s anti-Rand commenters link Atlas Shrugged with The Lord of the Rings
. Amusingly, they are correct in the sense that both J.R.R. Tolkien and Ayn Rand were believers in the rebirth of the romantic epic.
Soob – Mexico’s Middle Class Head North
A really bad sign. Which makes me wonder in another domain if capital flight from the U.S. has begun yet?
Red Team Journal (Elkus) – Military Futurism
Heavy on the Futurism aspect.
CTLab Review – CTlab Symposium on P.W. Singer’s Wired For War
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