Showing posts with label US Public debt. Show all posts
Showing posts with label US Public debt. Show all posts

05 July 2025

The Essence of the Ukraine War and Big Beautiful Bill

 Reflecting upon the West’s choices to engage in protracted development of the war in Ukraine with Russia, and for Congress’s passage of President Trump’s ‘Big Beautiful Bill’ that cut taxes on the rich, and adds three trillion to U.S. public debt  while attacking the ecosphere, a quote from a video of a chess game between Stockfish and Redfish with 100% accuracy summarized the essence of each;

“When you’re fighting the wrong battle, victory is worse than defeat. When you’re fighting the right battle, victory and defeat don’t matter.”

A quote from the Scarecrow in the Wizard of Oz is also illustrative; “If I only had a brain”.

https://www.thestreet.com/economy/legendary-fund-manager-has-blunt-message-on-big-beautiful-bill

Zelenski Rejects US Peace Plan; Pres. Trump Should End U.S. Sanctions on Russia

  European leaders seemed determined to advance their Ukraine conflict toward World War Three. They are confident they can use 180 billion d...