As I’ve mentioned before, I favor the geopolitical analysis of Stratfor. A few days ago, in George Friedman’s stead, Economy Analyst Mark Flemings-Williams tackled the broad issue of what Germany is trying to do with its economic policy in the European Union. Basically: Germany is Europe’s economic powerhouse. They went through economic austerity after WW2 and are the better for it. Now, the countries of the EU periphery have overspent themselves. Germany has been willing to bail them out IF they reform their ways, i.e., go through austerity themselves and essentially become like Germany, net exporters, especially to America. As austerity is hard on citizens, it turns out that the periphery countries are unwilling to continue; they want the German conditions gone, but the flow of bailout money to continue. This means the European Central Bank would buy bonds big-time, in the European version of quantitative easing (QE) (which in my own view is simply erroneous Keynesian thinking). Germany is naturally opposed. The countries not being bailed out, like France and Italy, have their own troubles and are not much willing to take German advice. So the EU lurches on, a currency union without financial unity, much less political. Germany by itself will not be able, or willing for that matter, to pull the EU’s financial bacon out of the fire.
Robert D. Kaplan makes very substantial sense in this piece. Kaplan is Chief Geopolitical Analyst at Stratfor, an intelligence outfit in Austin, Texas. I recommend them if you’re interested in global geopolitics.
The Realist’s Creed is:
- Order comes before freedom.
- Work with the material at hand.
- Think tragically in order to avoid tragedy.
- Every problem does not have a solution.
- Interests come before values.
- American power is limited.
- Passion and good policy often don’t go together.
I recommend this article to everyone, but particularly to those of a Progressive political orientation, whose only morality is compassion. The article demonstrates how this does not work in the real world. Idealism has its place but does not survive contact with reality.
The link above leads to a page asking for your email address before granting access to the article. If you don’t want to give your email address, let me know and we’ll figure out how you can see the article.
Fred Wilson is Managing Partner at Union Square Ventures in New York City. At last year’s LeWeb Conference in Paris, he spoke for 32 minutes on three developing global technosocial trends. His company uses this trend framework to decide where to invest, specifically in Internet application-layer companies. I would put money into his outfit if I could! His talk is well worth your time and attention. The talk was recommended by Kevin Kelly, founding executive editor of Wired, on Google+.
Dear Family and Friends
John Tracy’s Tracings is in much better shape than when I announced it last month. It includes not only our family history, but also my blog, and will eventually other pages such as favorite links. Please join me at http://johntracy.us.
The blog will feature a wide variety of subjects of interest to me, and I hope to you also. Family history will figure prominently.
Please note that the site has two different logins, one for commenting on the blog and another for seeing some of the family history.
You will arrive first at the WordPress blog page. Register here to comment on my blog posts, but not to see the family history.
Click on the “Family History” tab, and you will arrive at the Welcome page. Register here (1) If you’re a relative, to see information about living relatives, or (2) If you’re LDS, to see ordinance information.
You can, of course, register for both the blog comments and for seeing the hidden parts of the family history.
The Family History part of the site right now has 1,038 people. Now that the site as a whole is in pretty good shape, I will be going through these people one family at a time, cleaning up the records, and adding citations, documents, photos, and so on.
Please let me know what you think! Suggestions and additions welcome!
Thanks and regards
Dear Family and Friends
My website, including family history and blog, is up. I am still working on it, but it can be used now even if it’s not always pretty. Suggestions are welcome.
Over 1,000 of my relatives can be found on the site; click on “Family History”. To see the living, you need to be my relative and get an account. To see LDS ordinances, you need to be LDS and get an account. (To get an account, click “Login”.) Otherwise, you don’t need an account. There is a link on the family history page to my pedigree.
My plans are to complete setting up the site and go through all the family history, one family at a time, to clean it up. (This is long overdue.) Then I will start expanding the site with favorite links and other such material. I will blog occasionally and hope to post automatically to Facebook and perhaps elsewhere.
Please join me at http://johntracy.us!
Thanks and regards