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Agreed Betsy. Last year the University of Michigan closed it's Office of Diversity, Equity & Inclusion after an expose showed they had over 160 administrators. Think of the annual cost of 160 people with salaries, healthcare, pension plans, office costs etc. And that is just for DEI which is...

I wish they were referring to the number of teachers, at least kids would be getting a great education there :) That figure is just for administrators, which are the bureaucrats of universities. The number of administrators at US colleges has absolutely exploded the past 20 years, and tuition...

https://students.bowdoin.edu/bowdoin-review/features/death-by-a-thousand-emails-how-administrative-bloat-is-killing-american-higher-education/

Congrats Mike and Wally! I feel your pain with a college freshman and one heading there next year. One of the problems with tuition is you have these consultants running around telling every school they can charge more because they might only be in the 2nd or 3rd quartile relative to peers...

https://www.cnbc.com/2026/02/09/hong-kong-media-tycoon-democracy-activist-jimmy-lai-sentenced-imprisonment.html Trust is something China just doesn't understand, it's one step forward two steps back.

The latest theory on de-dollarization: https://www.forbes.com/sites/digital-assets/2026/02/06/hugely-important-bessent-issues-surprise-warning-that-could-be-about-to-trigger-a-gold-and-bitcoin-price-shock/ “China is moving toward a digital currency that is likely backed by gold,” Otavio Costa...

Kids these days, geez :)

Power generation is one area where China is kicking the world's collective behind. Half the US's capacity is 25-30 years old and in need of replacing, so we have to grow just to stand still, and getting a new power plant approved is extremely difficult. Whereas China has no trouble damming up...

They should do an Argentine version of the show Storage Wars

Agreed, US is the least bad option. Europe? Big structural problems + stagnant economy. Japan? Most indebted + oldest population. Switzerland? Way too small. China? India? Russia? LatAm? SE Asia? Middle East? No way, they're trying to form trading blocs but to some extent it's a bunch of...

China can make certain countries accept their currency (and they do) but a becoming a reserve currency requires trust. China has none at the moment and I don't think they're trending in that direction either.

It was a special election so you have to take it with a grain of salt

https://www.wsj.com/world/americas/milei-hunts-for-over-250-billion-that-argentines-have-hidden-in-secret-stashes-4ac3fcae?st=TexXuF The president needs the U.S. dollars long stowed in teddy bears and safe-deposit boxes for his free-market overhaul Argentines have hoarded dollars over the...

Indeed. Argentina should be chanting "drill baby drill" but they don't have the money and foreign companies aren't going to step in when Kicillof is still winning elections.

I've heard that. I have a friend in global compliance at Amazon, they operate in a lot of counties so I'll ask what he knows about Argentina. I would imagine it is tough when local products are poor value and importing is expensive and unpredictable, but you would know that better than me.

Indeed. Some businesses will restructure and find ways to compete, some will find themselves unable, and others will realize their business has no natural advantage in Argentina and closing is the only option. It is painful for companies and workers but it is great for consumers and taxpayers...

https://buenosairesherald.com/business/energy/indian-company-wins-major-lng-pipe-project-in-vaca-muerta According to Gandini, it’s the first time “in Techint’s more than 70 years in the country”, that its steel company — the only local manufacturer of tubes for the oil and gas industry — has...

Absolutely Johnny! I hope to get down there sooner but if not we'll definitely meet up at the grand opening. What a great way to kick things off for new owners.

Looking forward to the grand opening Johnny! Mike says you're right below us which makes sense. Canadians above Americans, the way God intended (say what you want but geographically that is spot-on) :)