After voting third-party most of my life, I’m voting for Donald J Trump. I am voting for civility and against incivility.  

* I am voting against a party that encourages mobs burning and looting of our beautiful cities, bailing out murderers and arsonists. 

* I am voting against the incivility that smeared a good judge charging with gang rape. 

* I am voting against a party which supports destroying the independent judiciary by packing the courts. 

* I am voting against the incivility that seeks to demonize opponents by harassing them or “cancelling” them. Thought experiment: who would likely get beaten mercilessly, someone with a Trump shirt at a BLM protest, or the opposite. 

* I am voting against the ignorance of bringing down statues and monuments, and even threatening Mount Rushmore. Hint: this is not about confederate statues, it is about erasing our history. 

* I am voting against a callous party that ignores science and locks low-risk children in their houses and out of schools, maximizing fear and depression.  

* I am voting against a spiteful party which never accepted the 2016 election. They conspired against a duly elected president telling Russian-collusion lies for three years when they privately said the opposite. Then they pushed an impeachment coup when that didn’t work. 

* I am voting against a pernicious ideology that foments racial hatred and discontent, telling half of America they are silent oppressors and the other half that they are oppressed. 

* I am voting against a desensitized party that prefers to pay unessential people to stay in their houses in fear instead of allowing them the dignity of running a business or earning a living. 

* I am voting against corrupting the public school system to indoctrinate our children to ignore their biological sex, hate their skin color (white or black) and loathe their country. 

* I am voting against a treasonous party which has allowed an insurrection to take place in Portland and Seattle. 

* I am voting against the incivility that demonizes political opponents as racist white supremacists. 

* I am voting against the illogic which says its ok to protest in groups but imposes infringements on worship. 

* I am voting against a party, which seeks to strip us of our right to defend ourselves, by taking away our defensive weapons and prosecuting those who who use them. 

* I am voting against a technofascist regime which actively censors, “fact” checks or demonetizes people who disagree with their narrative, even physicians treating covid patients. In the digital age, who are the bookburners now? 

* I am voting against a party which allows violent militias, BLM and Antifa, to push the Marxist agenda they cannot approve by the ballot box. 

So yes, I am voting for civility. And you are worried about Donald Trump interrupting? 

Please note that this is my post and I will likely delete comments I do not agree with. Instead just use the facebook emoticons to vote. 

Why you are living in the wrong spot, or Why you should get up and move to Mogadishu

Right now, I live in Chicago, but am considering a move outside the country.  I ask myself, "where would I choose to live were I born today?"  As the world is becoming more and more urban, major cities are becoming connected hotbeds of innovation.  What most interests me is how relatively underpopulated the United States, Australia and Russia are for their size.  Asian populations, combined with economic freedoms is changing the way that our planet works.   via UN:



Bloomberg published a list of the global megacities in 2030.  That coincides with growth prospect for 2030.  My take on where I would choose to live would be in an area that had high future prospects.  Places for growth in the Americas would be Lima and Bogota which quickly will be surpassing Buenos Aires in population.  Arequipa, Peru would be a secondary spot where I would be expecting economic growth, especially with the Transoceanic highway connecting inland Brazil to the Pacific. In Asia, China has already done most of its population growth.  My prediction is that in 2030 people in India will be laughing at how unimpressive the Chinese growth story is.   The average age in India is about 26, while the average age in China is 39.  Think where India will be when the average age is 39. 

Africa too has high growth prospects, both in the Lagos/Kinshasa/Luanda region and also in the Ethiopia/Tanzania.  Tanzania will grow because it is the likely port to service the 100MM people in the African Basin.  Mogadishu/Djibouti (snicker) will grow because they will be the primary port to service the close to 100MM people in Ethiopia. 

IMF Special Drawing Rights, a key to making Chinese Renmibi a global reserve currency

The IMF special drawing rights basket is currently under review for changes, to be finished with their review in 2015.  John McCormick, Chairman of RBS APAC seems to think that China will push hard for the Renminbi to be placed within that basket, instantly, giving almost all countries, even those that don't trade directly with China, a strong incentive to increase their international reserves in the Chinese currency.  Via RBS:
the International Monetary Fund is reviewing its special drawing rights basket, which uses four key international currencies to supplement member countries’ official reserves and bolster liquidity.

The deadline for completing that review is 2015. Based on where we see the G7 countries today, we believe there’s a very strong chance that China can get the onshore version of RMB, CNY, into that basket – a real boost to the currency on the world stage.





 

Protest ignite across Brazil, the radicals demand: lower the bus fare by ten cents.

From the Guardian:

An 18-year-old man was killed in Sao Paolo state after a car drove through barricades.

The country's president Dilma Rousseff called off a visit to Japan to deal with the crisis.

Official estimates suggest that there were more than a million protesters out across the country in total.
As Brazil, the emerging giant of South America, throws up in hands at protests, I can't help but think of Turkey.  In Turkey, a demonstration about an old tree in a public square caused a riot.  A country with a history of repression and political prisoners, bordering Iraq and Syria decides to riot over a tree.  In Brazil, almost a million people take to the street and the only demands they mention is to reduce the bus fare by 10 cents.  Laughable. 

The difficulty of Dilma Roussef, the current president of Brazil, is that she wants to be seen as silently encouraging the protestors.  Like Bill Clinton in Seattle, she will realize, that once you have crossed the line from liberal radical to entrenched political cog, the new liberal radicals won't like you no matter how much you pretend to like them. 

EconomyPolitics 4th annual Index of Economic Efficiency of the World

The top ten countries in terms of economic efficiency for 2013:  


This is the first in a three part series where we identify the most attractive international investment opportunities for the next ten years. We start out by looking at economic efficiency, i.e. the fundamental freedoms and legal framework, which facilitates successful investing.

In doing country analysis for international investments, it is often a first step to look at sovereign bond ratings from Moody's, Fitch or S&P. However, many smaller developing countries get very little if any play at the agencies. CDS spreads, another measure of investor risk only covers 80 countries. Our index covers 127 countries.  To do so, we have looked at business and freedom indexes which assign values to sovereign attributes to gauge risk and assess opportunity. These indices attempt to measure economic freedom and a legal clarity.

There are plenty of indices by many different sources, each one looks at important factors which could influence returns and hurdle rates. But which index do you use? We have looked into four of such indices and compiled an index of indices to measure efficiency.

I have included information on five of such indices and compiled our own index of economic efficiency.  The indices include: 
  • Heritage Foundation: Index of Economic Freedom
  • Fraser Institute: Economic Freedom of the World
  • World Economic Forum: Global Competitiveness Report
  • World Bank:  Doing Business
  • Euromoney Country Risk
Please download our white paper: