Liar's lawyer

It looks like Rudy Giuliani is trying really hard to get himself fired. I must admit, it could be a clever exit strategy out of his predicament of being a personal lawyer to a pathological liar.

(no subject)

Have a listen if you are interested in investment outlook.

"Watch CNBC's full interview with Bridgewater founder Ray Dalio - Davos 2019" (Watch on YouTube)

Speaking of reserve currencies

"" (Watch on YouTube)

(no subject)

В среде еврейской иммиграции — был у родственников на официальной помолвке —очень забавно наблюдать за политическими разговорами трамповатников-родителей-иммигрантов и их детей, повзрослевших в Америке. Пропагандируя за covfefe, родители апеллируют к своему советскому жизненному опыту, а дети молча закатывают глаза. Раньше спорили, но за два года поумнели и перестали воспринимать серьезно родительскую борьбу с внутренним совком.

Дети вообще с трудом воспринимают unsolicited аргументы "я в твои годы", а тут еще выясняется, что их любимые родители до сих пор сражаются с ветряными мельницами в родной shithole country, которой давно нет.

TIL

“...states like South Korea and Taiwan that took off economically with educational capital that was well below average. Fifty-five per cent of Taiwanese were illiterate at the end of the Second World War; the figure was still 45 per cent in 1960. Literacy in South Korea in 1950 was lower than in contemporary Ethiopia.

In the Philippines, the US colonial government placed great emphasis on investment in schooling in the early twentieth century. Even today the Philippines has the highest level of tertiary-educated students in south-east Asia. But because more important policy choices were flunked, the country is on the cusp of being a failed state.”

--- Joe Studwell. “How Asia Works.”