We try to go a little deeper on the Trump-Ukraine-Biden story than most of the media coverage. Apart from Trump and Joe Biden, we talk about the roles that Viktor Shokin, Mykola Zlochevsky, Viktor Yanukovich, Petro Poroshenko, Dmytro Firtash, Volodymyr Zelensky and Yuriy Lutsenko have in this story, along with American players Hunter Biden, Devon Archer and former CIA official, Cofer Black.
Although you may not think of Israel as part of the Cold War paradigm, it’s played such a huge role in American foreign policy, and we have to cover it. It’s also played, and continues to play, a huge role in the story of oil, which is, of course, a huge part of the Cold War story. Because, as you know, the Cold War was all about economics. In this episode, we give a quick overview of the creation of the State of Israel. In our next episodes we’re going to go deep into the story of Zionism.
In this final episode of our China series, we talk about:
How China might weaponize its holdings of more than $1.1 trillion worth of U.S. Treasuries, aka the “nuclear option”
The risk of China starting a currency war with the US
China’s current position on IP protection
And we finish with a little more discussion about China’s theory on the “Socialist market economy” and Deng Xiaoping Theory.
One of Gutenberg’s partners died, and the guy’s brothers wanted in on the secret project. Gutenberg refused, so they took him to court. Then in 1444, Gutenberg left Strasbourg and went… where? We don’t know. He disappeared for three years. Some interesting conspiracy theories about where he might have gone. We also talk about the people who invented movable type before Gutenberg… the CHINESE! CHINA CHINA CHINA!
This week we’re answering a number of listener questions, including one about how much attention Tony pays to “tailwinds” or macro factors affecting an industry or the economy. We also talk about how Tony deals with red flags in companies he has invested in, and he talks about some mistakes he has made recently. In our Club edition, we analyse Stanmore Coal again (we did it earlier this year) and take our time to explain some of the checklist columns in more detail. And Tony reveals what he wears when he mops the kitchen floor!
Kim’s “invasion” of the South gave the US the pretext they needed to ramp up military spending via NSC-68 and to support Rhee directly and indirectly by committing one of the classic blunders: never get involved in a land war in Asia.
Admiral Forrest Sherman, Chief of Naval Operations, declared later: ‘I was fully aware of the hazards involved in fighting Asiatics on the Asiatic mainland, which is something that, as a naval officer, I have grown up to believe should be avoided if possible.”
But they did it anyway.
United Nations Security Council Resolution 83 was pushed through – the Soviet Union did not veto it because it was still boycotting the Security Council – and Truman immediately decided to throw everything he had at Korea, shocking not just the Koreans, the Soviet and the Chinese, but also the British.
Truman call it a “police action”, a phrase he would later regret.
In 1428, Gutenberg moved to Strasbourg where he would live for the next 20 years. It was there that he had his first big business venture—making holy healing ray containment devices. He brought on investors who later became suspicious that he was holding out on them. He had a secret project that he was working on. And they wanted in.