“I suggest there is a key difference between left and right politically. The right feels comfortable with spontaneity, thinking that when people make decisions about their lives, the overall order that emerges will be superior to any planned agenda. The left, by contrast, prefers to take society towards preconceived and planned outcomes. The divide between right and left is not mainly about money, class or even the size of the state. It is about order, and where order comes from. The right trusts order that grows. The left trusts order that is made.” (11/10/26)
“The IMF is warning heavily indebted governments to act before borrowing costs become unmanageable. With America’s debt ceiling approaching, Congress faces another fiscal showdown.” (11/10/26)
Source: Foundation for Economic Education
by Jake Scott
“China is increasingly drawing Laos into its orbit through two main strategies: a railway freight line and a joint military air facility. Not going unnoticed among neighboring nations—especially Laos’s close ally Vietnam—the move feeds directly into China’s regional strategy of making mainland Southeast Asia a secure southern flank through close economic ties. In some ways, this is a continuation of a long tradition in the way China views the region. In the imperial era, China treated many of its neighbors as, essentially, vassals.” (11/10/26)
“Nvidia was hit with a shareholder lawsuit Monday after its stock price tanked 5 percent amid reports CEO Jensen Huang had an affair with an alleged Chinese spy. The lawsuit claims Huang’s failure to disclose the affair artificially inflated share prices, possibly violating federal securities laws. The lawsuit also contends the national security concerns raised by the allegations present a material risk to the company’s reputation and future business prospects. … The litigation is the latest turn of events for Nvidia and Huang, who are facing new scrutiny in Washington surrounding the CEO’s involvement with Alice Huang, a businessperson associated with Singapore-based data center company Megaspeed.” (11/10/26)
“Across the country, data centers are going up in low-income communities. Fourteen percent of data centers are located within opportunity zones, according to a report from the nonprofit National Community Reinvestment Coalition. Among approved, permitted and under-construction data center projects, 17.3% are in the tax-incentivized zones. In total, 93 proposed data centers and 78 operating data centers are located in an opportunity zone, according to the nonprofit environmental research organization FracTracker Alliance. Data center operators can use opportunity zones to cut down their tax bills like any other business, making the program a potential boon for investors seeking tax benefits to support the industry’s rapid build-out. But political fault lines are emerging over whether data center projects fulfill the purpose of the tax break as investing in opportunity zones becomes more attractive than ever for data center companies.” (11/10/26)
“Even Swedes take the wrong lessons from their past, pushing them to make very non-strategic decisions when it comes to NATO and Ukraine today.” (11/10/26)
