America and the World: 2023

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In-Brief

• Better times are coming for us in future years!
• President Biden’s political future is in jeopardy. VP Harris’ political future is also on thin ice.
• It is now accurate to say that the US economy, at least for the short-run, is in “stagnation,” not “stagflation.” High inflation was caused by the horrible fiscal policies of the Biden administration and the flawed monetary policies of the Federal Reserve. A few weeks ago, the FED continued to raise rates, a policy mistake.
• The House Republicans are setting up committees to investigate the FBI, DOJ, CIA, and other corrupt federal agencies. Expect political fireworks and numerous surprises.
• Russia is continuing to lose Putin’s War in Ukraine and its economy is tanking.
• Japan’s commitment to double its defense budget and re-commit to making nuclear power its main source of electricity is an enormous positive for the West.