A Scary and Rapidly Changing World

The Alternative to Left & Right Spin.
No Lies or Fake News Here

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In-Brief

1.  From both the left and right there is agreement that last week was the worst week in Biden’s presidency.
2. The Democratic coalition is rapidly collapsing, led by Hispanics rushing to the exits.
3. If Russia launches an invasion of the Ukraine, the US will respond very strongly, but not unilaterally with our own troops. The reactions will be political, financial, and economic, and will be devastating for Russia and its oligarchs. The US and NATO have now officially rejected Putin’s demand that the Ukraine be prohibited from future membership in NATO.
4. The US economic recovery continues to be strong. Year over year growth looks likely to come in at about 6%. Ironically, many Americans think we are in a recession. We are NOT in a recession. In fact, the US economy is booming. But the stock markets are in a “correction” and the crypto markets are collapsing.
5. High inflation is still badly hurting tens of millions of American families. Inflation is likely to slow gradually in 2022.
6. In an embarrassing, but necessary reversal, Europe’s “greens” are now accepting investments in natural gas projects as environmentally sound.