Mario Nawfal on X: Interview with Steve Hanke

https://twitter.com/MarioNawfal/status/2101502993673675172/video/1

A Johns Hopkins economist says Saudi Arabia should raise the white flag to the Houthis now, before the kingdom itself is on the table Steve Hanke has watched Riyadh fight this enemy before, with full American backing and every advantage short of ground troops, and lose. The Houthis are stronger now than they were at the 2022 peace, their friends are more numerous, and the crown prince has been turned down by Washington twice, waved off by Cairo and left waiting on Beijing. Saudi Arabia, an oil state, is borrowing from the World Bank. So his advice is blunt: surrender early, accept terms, and expect the bill to include the three provinces the kingdom took from Yemen in 1934. Wait, and the serious conversation moves from Saudi losses to Saudi survival. Meanwhile Europe is crossing from deficit to shortage, the point where a station has nothing in the tank, and the markets, in his words, are sleepwalking through all of it.

@steve_hanke

@WeTheBrandon

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About michelleclarke2015

Life event that changes all: Horse riding accident in Zimbabwe in 1993, a fractured skull et al including bipolar anxiety, chronic fatigue …. co-morbidities (Nietzche 'He who has the reason why can deal with any how' details my health history from 1993 to date). 17th 2017 August operation for breast cancer (no indications just an appointment came from BreastCheck through the Post). Trinity College Dublin Business Economics and Social Studies (but no degree) 1997-2003; UCD 1997/1998 night classes) essays, projects, writings. Trinity Horizon Programme 1997/98 (Centre for Women Studies Trinity College Dublin/St. Patrick's Foundation (Professor McKeon) EU Horizon funded: research study of 15 women (I was one of this group and it became the cornerstone of my journey to now 2017) over 9 mth period diagnosed with depression and their reintegration into society, with special emphasis on work, arts, further education; Notes from time at Trinity Horizon Project 1997/98; Articles written for Irishhealth.com 2003/2004; St Patricks Foundation monthly lecture notes for a specific period in time; Selection of Poetry including poems written by people I know; Quotations 1998-2017; other writings mainly with theme of social justice under the heading Citizen Journalism Ireland. Letters written to friends about life in Zimbabwe; Family history including Michael Comyn KC, my grandfather, my grandmother's family, the O'Donnellan ffrench Blake-Forsters; Moral wrong: An acrimonious divorce but the real injustice was the Catholic Church granting an annulment – you can read it and make your own judgment, I have mine. Topics I have written about include annual Brain Awareness week, Mashonaland Irish Associataion in Zimbabwe, Suicide (a life sentence to those left behind); Nostalgia: Tara Hill, Co. Meath.
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