It is anachronistic. China's productivity, especially in shipbuilding, cannot be explained by reference to this historical analogy, since the trade deficit is a function of America's inability to produce.

https://twitter.com/LukeGromen/status/2063984562833612950

@LukeGromen Productivity is the time per unit of value from input to output. Under that formula, a revalued gold cannot explain why the US has a trade deficit with China. The time per unit of value from input to output is unproductive in the US.

1-4 : 𝐸𝑛𝑑 𝑜𝑓 𝑡ℎ𝑒 𝑅𝑒𝑝𝑢𝑏𝑙𝑖𝑐 : New York

https://twitter.com/eric_giannini/status/2047852154946265272

5 - 8

@rynkrynk Uniting together with class conscious Russian soldiers, the very last from the remaining 19.7 million Ukrainians must reject their exploitation as “Eastern European manpower” in Western scrap like Bradleys or Leopards for the higher goal of returning Ukraine to workers. @rynkrynk Against a new ‘Spring’ counteroffensive, the very last Ukrainian must throw off armchair strategists from Langley, Virginia, directing handlers to field their operations personally with their own feet, hands, or limbs. Let handlers bear the brunt of amputation for Слава Україні!

Bolton's claim of hesitancy defies the eight years prior to the war the West enjoyed to prepare the Ukraine for NATO's expansion. Leopards, Challengers, Abraham's do not combine as arms on an ad hoc basis. $113B in military aid is unparalleled in the history of mankind. 1/

https://twitter.com/WSJ/status/1691178063931850752

Bolton himself provides no example of the effective use of sanctions, let alone against Russia. Lack of Enforcement is a reflection of their weakness. Russia eats sanctions alive. The sanctions have only hastened Saudi Arabia's willingness to peg oil in a gold standard. 2/

The famous photo of burning Leopard 2A6 tanks with Bradleys, shot by alligators after falling into Russian minefields, demonstrated the degree to which Russian forces asserted its mastery of combined arms warfare over Ukraine's military, terminating the 'Spring' offensive. 1/

The admission of its staggering losses well after NATO, dangling Ukraine by strings like a lethal puppet master, comes well after the short lived celebrations over the seizure of the Blahodatne. 2/

"Emergency plans were imposed as over 50 key workers at the Defence Equipment and Support depot in Beith, Scotland, walked out on Friday (July 14) - and they will impose another strike on Monday." 1/ 2/mirror.co.uk/news/uk-news/m…

Prigozhin's 'exile' is a precalculated move to prepare Belarus' or its fighters for entrance into the Ukrainian conflict. Al Hadath is already reporting Lukashenko as accusing Latvia and Poland of training mercenaries, indicating a shift in his focus. https://t.co/Ldda00PT70

https://twitter.com/washingtonpost/status/1673319351854804994

Putin's announcement that Wagner troops have the right to travel with Prigozhin to Belarus confirms my analysis, that his 'exile' is to prepare Belarus or its fighters to enter the Ukrainian conflict. Wagner may be planning an attack from southern Belarus.