On Thursday, Donald Trump will walk into the Great Hall of the People in Beijing, shake Xi Jinping's hand, and declare it a great meeting. There will be announcements. There will be numbers — billions of dollars in Chinese purchase commitments, a new bilateral mechanism with an important-sounding name, possibly a joint statement on Iran. Trump will post on Truth Social. Markets will rally briefly. Pundits will argue about who won. None of that will tell you what actually happened. What is actually happening in Beijing this week is something more consequential and more uncomfortable than the summit theatre will reveal: two leaders of two deeply mutually dependent superpowers, both of whom need this meeting to succeed for entirely different reasons, sitting across a table in a world that has already moved past the assumptions that defined their last nine months of negotiations. The Iran war changed the equations. The rare earth gambit changed the power balance. Taiwan is sitting in...
Every once in a while there is a Tumblr created that gets featured on headlines across the globe. This is one such Tumblr blog, named 'The Rich kids of Instagram'. The blog features rick kids and the things they do - more specifically the fun they have. Like travelling in private jets, drinking expensive liquor, getting expensive cars as gifts. The owner of the Tumblr remains anonymous and therefore no comments have yet been obtained as to why this was created. Tags accompanying the Tumblr however are a good giveaway. 'Cars, Luxury, The One percent, Socialites, mansions, beautiful and drugs'. The One Percent became an internet meme last year. Actually it was called the 99 percent - where people were talking about being part of the 99 percent while the remaining 1 percent lived in luxury. why could not the 1 percent be taxed more. One of the rich kids have responded on television saying that these photos were shared on Instagram just among friends and did not realize th...