02-01 Nationalization
The nationalization of private hospitals and other forms of national support will give nations more control over their public health systems. We were in Santiago, Chile in February 2009 and waiting in our hotel for the flight home after a cruise to the Antarctic. And a lady in our group fell and broke her elbow….
02-02 Infrastructure
President Roosevelt used infrastructure spending to put the economy to work in 1933. It will work in 2020. It was so interesting during my student years to study the history of the US during the Great Depression. Republican President Hoover was plagued by the onset of the depression during his term in office from 1929-1933….
02-03 Taxation
Societies need to impose temporary tax surcharges to fund Coronavirus spending. Call them patriotic taxes. If anyone thinks there is no need for governments to raise taxes after the pandemic, they have another think coming. You can only print and borrow so much.Canada, before the pandemic, had public debt levels that were about 30% of…
02-04 Pipelines
The Israel pipeline from Eliat in the Red Sea to Ashkelon on the Mediterranean will now get oil from the UAE in supertankers bypassing the Suez Canal. Cheaper crude oil for the nations in the area. What they are calling a “normalization agreement” between the United Arab Emirates and Israel has the anticipated benefits of…