29 July 2017   Leave a comment

North Korea has launched its 2nd test of an intercontinental ballistic missile (ICBM).  It claims that its missiles now have the range to attack major cities in the US.  In response, South Korean President Moon Jae-in has asked the US to help it increase its own ballistic missile capabilities, an remarkable change of policy for a leader who has a long record of seeking peaceful reconciliation with North Korea.  The US is requesting an emergency meeting of the UN Security Council to discuss the matter.  The likely responses of the US to this increase in North Korean capabilities remain opaque, but the situation is becoming increasingly unstable.

Tomorrow is the day Venezuelan President Maduro has designated for the election of a constituent assembly to rewrite the Venezuelan constitution.  His opponents believe that the assembly will simply write a constitution to further embed his power and have promised to boycott the vote and to protest against the referendum.  He, in return, has banned any demonstrations or public activities.  In other words, tomorrow will be a confrontation that promises to tear the country apart.  We will have to watch carefully what happens and to assess what outcomes are possible for the troubled country.

It is a serious mistake to think that the concentrations of wealth that we are experiencing at the beginning of the 21st century are anomalous.  One of the striking features of human society is its tolerance of extreme wealth in the hands of a single person  Unfortunately, that pattern is ubiquitous in history and is not unique to European-based societies.  Go to the site and click on Visual Capitalist’s infographic to read the information about each person in a more comfortable format.

The Richest People in Human History - Part 1

Posted July 29, 2017 by vferraro1971 in World Politics

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: