Sometimes knowledge is best gained in reflective moments. Today I want to illustrate that and the core will be how I celebrated this past Thanksgiving. I appreciate it more today than last Thursday.
This article was written well ahead of scheduled publishing in order to accommodate my travel plans.
The American-led West is in a second cold war with (now) Russia which also has a definite proxy war component. Although neither side will publicly admit it, the situation has existed for at least eight years.
I have to question myself as to whether the decision to use this format today was one of prudence or convenience. My guess is that it is a bit of both. In any event, here we go.
As I commence writing this article, we are awaiting the Fed’s announcement on interest rates. I am among the many who anticipate a .25% increase. That is not only unnecessary but injurious to the economy. The Fed seems committed to raising rates until (and hopefully not beyond) the point that it puts the economy into a recession. But that’s only a small part of what I want to cover today; the looming debt ceiling crisis is my main thrust.
There was plenty of competition for the biggest political story of the week just ended: banks failed, we were on the brink of an international banking crisis and the indictment of the immediately past American president loomed among other things. I’m focusing on Ukraine today.