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The Global Chessboard

You cannot fight destiny. “In the roulette of geographies, the US won the jackpot. Whoever held that land would become a world power. It was the inevitable empire.” https://unchartedterritories.tomaspueyo.com/p/world-chessboard

Russia’s Dilemma

To understand Russia, read this. “Siberia was the easy part. But it still left Moscow completely exposed to southern and western threats. Conquering those lands would prove harder though.” https://unchartedterritories.tomaspueyo.com/p/problem-of-russia

Venezuela’s Excrement

Socialism in action. “The government opened grocery stores and sold staples below the cost we sold them to the government. In theory they used petro oil money to lower grocery prices. Our regular grocery outlets were forced out of business.… Read More »Venezuela’s Excrement

Egypt vs. Ethiopia

Mointains make you alive but also poor. “High altitude and lots of rainfall together make for big population centers that are poor, because the mountains make transport very hard and expensive, which means there’s very little trade and very little… Read More »Egypt vs. Ethiopia

Saudi Arabia’s Ordeal

Being rich is not always good in long term. “Saudi Arabia is burning a huge share of its revenue in subsidizing its population, either directly, or indirectly via unproductive public jobs.All this work performed by millions of people… You can’t… Read More »Saudi Arabia’s Ordeal

The Dead Economy Theory

Automation and its downsides. “In competitive markets, an automating firm captures the full cost savings from replacing workers but bears only a fraction of the resulting demand destruction. In a market with twenty competitors, each firm feels one-twentieth of the… Read More »The Dead Economy Theory