“we realize ukraine will not become a member of nato. we understand this, we are adequate people."
- president zelensky
wish he had said this a month ago
before the invasion, publicly and privately, zelensky did not take the russian threat as seriously as he should have
does not take away anything from zelensky’s extraordinary leadership and bravery over the last three weeks
us and several nato allies encouraged zelensky to back away from nato, knowing they couldn’t publicly rescind an invitation (even though membership wasn’t in the cards).
First half was pretty good. Biden was energetic. Bipartisan. Talked about freedom and Ukraine. Banning Russia planes. Sort of skipped over the part where he asked Americans to sacrifice?
1/3
Then a pivot to BIF which was fine. Then a long Democratic campaign rally, boring and just a list of things he's never going to sign into law. Inflation bad. Intel CEO! COMPETES. Big business price gouges bad. A laughable claim on the deficit. Federal reserve shout out!
2/3
Now a Covid section. Fine. He talked super fast. New tests. No shutdowns. Now crime. Protect people, more police. Fund the police. FUND the police. Control guns. Voting rights. Disclose shout out! Boring. SCOTUS. Immigration reform. Boring. Abortion. Drugs. Mental health.
3/4
China’s COVID policy was the most effective in the world (among large govts) in 2020.
It’s going to be the worst performing this year.
The pandemic has changed dramatically. More transmissible, less lethal, vaccines/boosters, therapeutics.
But China’s Zero COVID policy remains the same.
China today:
Low antibodies among citizens (very few of whom have gotten COVID), vaccines that don’t work well w Omicron, and no approvals for foreign m-RNA vaccines.
Hard to imagine Xi backing off from zero COVID. But increasingly painful to implement.
Everything you wanted to know about inflation but were afraid to ask: A thread🧵[1/19]
Inflation in the US was 6.2% over the past year. This is the fastest pace in three decades. [2/19]
Part of this is energy and food prices, which rose 30% globally due to the strong recovery from the pandemic and supply disruptions. This has nothing to do with US policies—it is a global phenomenon. [3/19]