Comments by "" (@12q8) on "Geopolitical Economy Report"
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Public-private partnerships are one of the worst. They fail and when they deliver, it is always subpar.
The main reason being is that unlike a consumer buying an iPhone, a car, or whatever, from a retailer, when a government or company hires another company to do something, they must write everything in a contract. A contract that is written by humans, will naturally have loopholes that the contractor company can exploit.
Also, the contracting party is bind to the contractor party, and cannot exit freely, and would have already invested a ton of money. This can lead to a contract draining more and more tax money from the government while the project gets delayed over and over.
A well-written contract requires competent people to write it, and that is a very rare skill.
The less trust in a society, the more rigorous and lengthy the contract would be. Unlike in societies like Japan, where good faith and the honor system is quite common in the society.
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Not just that Palestine cannot vote as an observer, but also can't take states to the ICJ or utilize many UN organizations directly, which is why South Africa had to take Israel to the ICJ.
Also, this just shows another example of why the US does not want Palestine to have full membership and claim that this can be resolved not through international law, but "bilateral agreements" because international law would demand a two-state solution, with a fully independent Palestinian state, based on the 1967 borders, and both Israel and the US oppose that.
They want full on one-sided concessions from Palestine to agree to at worst, and a full annexation and ethnic cleansing at best.
In the talks between Beilin and Abbas in the 90s and 2000s, the Palestinians made huge concessions on the right of return of refugees to land occupied in 1948, and agreed to a demilitarised Palestinian state, the existence of many Israeli settlements, and the Palestinian capital being in Jerusalem but in a village-like area. The Geneva Act introduced similar concessions on refugees, settlements, a demilitarised Palestinian state and Jerusalem. Yet to this day, Israel refuses it hoping to fully annex Palestine.
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If we look at the bigger picture, this war fits exactly the US's Super Imperialism.
Trump wanted to bring back manufacturing, basically gutting out the industrial economy of the world, and wants to spend big to make it happen.
But Powell refused to bring rates down, treasury rates are getting expensive because China is not showing up, and investors are not having much trust in Trump's plan, petrodollar is weak with cheaper oil, he could not end the Russia-Ukraine war.
Despite words about a China war, it would be near impossible and pushing one of the tiny US allies needs more time to cook.
Iran was seen as the weakest of the three, Iran has been historically demonized, and Israel has been salivating over it forever.
This is the US's and Trump's last ditch effort to save the US economy. If this escalates, oil price spikes, which is mostly traded in dollars still, which increases dollar demand, central banks would buy more US bonds, financing Trump's plans.
Ukraine alone was not making the cut, and I think I watched a video somewhere a while ago that the US needs to start another war to fund its empire, which was theorized by that video to be China, but Iran fitted the bill better apparently.
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