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War In The Middle East

    Addressing the war in the Middle East, Chinese Foreign Minister, Wang Yi, called for an immediate cease fire and an end to hostilities. "This s a war that should not have happened, and it is a war that does no one any good."  After Israeli and US forces launched surprise strikes against Iran that killed Iran's supreme leader Ayatollah Ali Khamenei and some 40 senior leaders on February 28, China condemned the attack.

   The "blatant attack and killings of a leader of a sovereign state and incitement to regime change are unacceptable." Wang said on March 1,  adding that the strikes, which came as Washington and Tehran were in the process of negotiations, were in violation of international law. In a phone call with his Iranian counterpart Abbas Araghci on March 2, Wang said China supports Iran in 'safe-guarding its sovereignty, security, territorial integrity and national dignity and in upholding its legitimate and lawful rights and interests."

    On March 5, Beijing announced that Zhai Jun, the Chinese government's special envoy on Middle East affairs, will soon visit the region to help ease tensions. At the press conference, Wang again called for an immediate end to military operations to "avoid the spiraling escalation of the situation and prevent the conflict from spilling over and spreading." "Might does not make right. The law of the jungle must not return and rule the world. Willful use of force does not prove one's strength",  Wang added.  - Yu Xiaodong

Examples Of A War Economy

     Put simply, a war economy is organized around sustaining a military effort. Shifting from a civilian system to a war economy means redirecting the nation's resources and priorities from serving the needs of its people to serving the demands of the war. 

     Of course, war causes destruction and death, and that weakens an economy over the long term. But war also brings massive government spending, wide-scale industrial retooling and innovation, surges in production and full employment. So a war economy can actually generate significant growth in gross domestic product for several years.

      This was true for several nations in the World War I era, including France, Italy and the United States. It was true in the World War II era for Britain, the U.S., Germany, the Soviet Union and other belligerents. And it is true for Russia today. 

     Before Russia took its war on Ukraine full scale in February, 2022, a considerable portion of its workers were unemployed and many of its factories were idle. In the time since, the nation has activated much of that untapped economic potential. Unemployment has hit record lows, and factories are in overdrive to keep soldiers equipped with weaponry, ammunition, vehicles and drones. As a result, Russia's economic growth has outperformed major economies such as Germany and the United Kingdom.

     Evidence suggests that Russia's leadership could keep the war machine throttled at its current RPM and avoid collapse for far longer than many onlookers would expect - or hope. - J. Jacques

Scale To Artificial Inteliigence

  ... With urgency and fervor, mankind is devoting heart, sweat and capital on an incomprehensible scale to artificial intelligence. The promise of this technology is infinite, its evangelists insist. This will solve intractable scientific mysteries, cure disease, eliminate drudgery, eradicate poverty, abolish hunger, and usher in a post-scarcity era of boundless creativity, cosmic exploration and human flourishing. They say that this is bigger than the internet, more disruptive than railroads, more transformative than electricity.  

      One catch is, AI also consumes like a black hole. It demands manufacturing, network and power infrastructure of staggering scope. But rich investors and corporate behemoths are up to the challenge. Last year, global corporate AI investment exceeded a quarter of a trillion dollars. We're just getting started. A JPMorgan Chase & Co. analysis in November said that over the next five years, the money thrown at global data centers and AI infrastructure and related power-supply expansion will surpass $5 trillion. That's 100 Apollo moon programs. That's half of what the entire world will spend on its militaries over that span -- but mostly private money. These financiers, moguls and visionaries want to ensure that nothing, nothing, slows this train bound for utopia.     

     AI is reshaping industries and rewiring people's brains. It's capability and power are advancing at breakneck speed  - people are constantly finding new applications; the technology continually exhibits new capabilities. In some ways, the advancement has been so rapid that it is slipping the leash. Astoundingly, not even the most brilliant engineers, living on the bleeding edge of this technology, quite understand how it works, - J. Hilliker