It's very difficult to make if you don't have the proper squeaky fromage en grains. I have seen Americans and Europeans substitute mozarella, and it doesn't work.
Much like pizza and chili, there are no hard and fast rules for making poutine. I can tell you, though, I’ve had the good fortune of never encountering mozzarella in my restaurant ordered poutine, ha!
Gosh, professor. What have you done? I hope you are not putting the "poutine" into Trump's head to hasten the invasion of Canada. I am sure he will confuse poutine with Putin and the adjective savvy, that he used to describe Putin, with gravy. Let him stay with his favorites: McDonald quarter pounder and french fries. Also (1) Please do not mention in your newsletter about uranium which will make him use national security as the reason. (2) Export of trumpism to Canada to balance the trade.
Strategy from Trump? That’s dark comedy. His only strategy is remaining #1 in world headlines, and our country certainly bends over to assist him in his lofty goal. I canceled all my newspaper subscriptions, including the NYT, and am very happy to see you here. Thank you.
My hope is that cognizant journalists like Krugman and Rubin amass other, younger journos to electronically rival and supplant the old, previously reliable news outlets like WaPo and the NYT. When those rags took a knee, that was it for me.
Imitation is the highest form of flattery. For at least two decades Donald has been in total admiration of Vladimir Putin, proclaiming him to be a leader to be emulated. Putin has declared that Ukraine is really part of Russia. Soon he will be laying territorial claims to all of the free nations of Eastern Europe, like Estonia, Latvia, and the Czech Republic, as also being part of the Russian national territory. So it should come as no surprise that Donald is doing his best to imitate his political BFF by laying claim to Greenland as well as Canada (which Donald calls the 51st state of the US) and the Panama Canal (whose sovereignty was transferred to the nation of Panama by signed treaty nearly fifty years ago). As always with Donald, he is spending all of his time keeping up with the other world dictators, like Putin, like Kim Jung Un of North Korea, like President Xi of China, like Urban of Hungary. Hey, while he's at it, why doesn't Donald claim the Moon as being a US territory? Our astronauts landed their first and, yes, they did plant the American flag on the moon, and the images of that planted flag were broadcast around the world. So why not claim the Moon as a US territory?
It’s beyond pathetic that Trump and his fellow MAGAts bow down to the pathetic Putin. Trump will soon be the leader of the country with world’s strongest economy and most powerful military. Too bad no one tells him this.
Butbutbut Putin has more money than Trump, and Trump,status-seeker that he is, will always bow down to that, while secretly plotting to outdo him & taking notes on how he did it.
In their 1988 study of the economics of British imperialism, Mammon and the Pursuit of Empire, Lance Davis and Robert Huttenback conclude that British "imperialism can best be viewed as a
mechanism for transferring income from the middle to the upper classes". The British middle class paid most of the taxes to support the military and administrative structure of the empire, while the upper classes enjoyed higher rates of return on investments abroad than would otherwise have been available to them. The result, "socialism for the rich, capitalism for the poor", makes sense for the rich, who were making the policy.
I'm also thinking of how the 19th-century Scottish economist James Mill described the British Empire as "a vast system of outdoor relief for the upper classes".
Do note that King Phillip has subtly played Shenanigans with power of the people and government real estate property so that it falls under his family for generations. Essentially he is doing what Putin has done and what Trump aspires to do
Rather than annexing more land, we need more younger citizens. As an early boomer retiree, I realize we need more people making decent money to support our economy. How to get more citizens? Not by forcing women to make more babies. Let’s invite them: “Give me your tired, your poor, Your huddled masses yearning to breathe free.”
the incoming fool and company want to deport the tax paying working mass that pay into but can never receive their social security because of their undocumented status...
We are the greatest power in the world, with the most effective military and a large nuclear arsenal as well as the dominant economy. What we do matters in the world, and we have a responsibility that comes with this awesome power. (As someone who studies France and Europe generally, I'm very much aware of how much these countries focus on our elections.) Yet foreign policy almost never enters into our presidential debates, making way for "kitchen. table" issues; worse still, Trump's tariffs, if they go into effect, will make prices go up. All Trump has talked about since the election, it seems, is countries he wants to seize, as well as sitting down with Putin (absent Zelensky) to discuss the future of Ukraine. We as a country don't realize how much this "willed ignorance" of anything outside our borders is hurting us.
Well said, Jill. What has happened within our borders may ba larger threat. Our education system has been structured for failure. Keep the populace ignorant. Empty their hearts along with their heads, and fill them instead with what to think, . .or how not to know.
The populace has not been called “Sheep” for nothing.
One question I have after reading this (mostly after reading the Farrell article that's linked) is: Given that Trump is obsessed about maintaining the dominance of the Dollar, why is he so interested in promoting crypto? Per Farrell, the stated goal of the founders of crypto is to replace the dollar. My guess: Trump is now in the crypto business and so promoting the interests of the crypto market is to his financial benefit. Morever, he's not smart enough to understand all of the problems with crypto.
Putin's viceroy is obsessed with increasing his own wealth. If crypto will do it then he will back it. Remember Musk is already big in crypto, and ,for now, is a main advisor.
The Fed's digital currency concept is really just allowing anyone to have an account at the Fed (the proposal appears to be that your account would go through your bank). That would allow simple transfer of funds from one person to another. It would also simplify things like the occasional tax rebate.
President Speedfreak & his Grand Vizier Captain Ketamine, egos boosted by their awesome access to power. What could possibly go wrong? Reminds me of the poem Ozymandius.
trump and his band of clowns make America look foolish, unreliable, and stupid. I am surprised he hasn't mentioned taking over Bahamas because of the beaches and the great potential resport locations he could build. His disregard for Canada, or is it simply Trudeau, is remarkable and disturbingly dystopian. trump is an embarrassment to America and his ill-will, arrogance, and bloviating outbursts will force allies to reconsider sharing anything of value with the US. Who is going to share sensitive information with lunatic? Hopefully, as you mentioned, this round of stupidity is simply trying to cover up his other stupidity of his cabinet nominees.
Joe Biden could bring world peace and the media would say, the world peace announcement wasn't as emotional as it could have been and he did stutter once. Sadly, I can see legacy, corporate media acting like a new puppy, waging its tail and excitedly wondering, where are you taking me next...
Thank you for this erudite explanation and historical context of Imperialism! That said, I think you left out one critical factor that helps to explain Trump’s admiration and adoption of an expansionistic fantasy that emulates Putin’s and Hitler’s world view - and that is that, as Trump has publicly admitted, Putin is in his ear on a regular basis! It seems we now have two co-president elects: Vladimir Putin and Elon Musk!
Paul Krugman you've been liberated and I found this "wonk out" so informative. Thank you.
And “Canada has poutine”. LOL. Thank you Paul.
Québec has poutine. The rest of Canada (ROC) try but can't do it.
The wild wet coast has everything and more but please don’t come here. You won’t like it. Take all the way off! Ya hosers.
Seriously, I've had poutine in Québec and in Des Moines. Good in both places.
It ain't all that hard to make. Or to savor.
It's very difficult to make if you don't have the proper squeaky fromage en grains. I have seen Americans and Europeans substitute mozarella, and it doesn't work.
Much like pizza and chili, there are no hard and fast rules for making poutine. I can tell you, though, I’ve had the good fortune of never encountering mozzarella in my restaurant ordered poutine, ha!
Both French speaking??
I believe that Poutine is the French spelling of Putin, so as to avoid pronouncing it like their word "putain", which is actually more appropriate.
Gosh, professor. What have you done? I hope you are not putting the "poutine" into Trump's head to hasten the invasion of Canada. I am sure he will confuse poutine with Putin and the adjective savvy, that he used to describe Putin, with gravy. Let him stay with his favorites: McDonald quarter pounder and french fries. Also (1) Please do not mention in your newsletter about uranium which will make him use national security as the reason. (2) Export of trumpism to Canada to balance the trade.
I love poutine!
But be careful, it can fill you up!
Strategy from Trump? That’s dark comedy. His only strategy is remaining #1 in world headlines, and our country certainly bends over to assist him in his lofty goal. I canceled all my newspaper subscriptions, including the NYT, and am very happy to see you here. Thank you.
Me too! Paul Krugman was the only thing I was going to miss about the NYT after 40 years of subscribing and now he's on Substack! Yay!
My hope is that cognizant journalists like Krugman and Rubin amass other, younger journos to electronically rival and supplant the old, previously reliable news outlets like WaPo and the NYT. When those rags took a knee, that was it for me.
A solution? Propublica
"...a growing sense that he’s being overshadowed by President non-elect Elon Musk".
Bingo! You just filled your card, Dr Krugman! One narcissist brutally "trumping" his senile narcissist rival, and it's no contest - Elno for the win!
So happy you’re here Paul! Substack has liberated you from editorial tyranny! Incisive analysis.
Imitation is the highest form of flattery. For at least two decades Donald has been in total admiration of Vladimir Putin, proclaiming him to be a leader to be emulated. Putin has declared that Ukraine is really part of Russia. Soon he will be laying territorial claims to all of the free nations of Eastern Europe, like Estonia, Latvia, and the Czech Republic, as also being part of the Russian national territory. So it should come as no surprise that Donald is doing his best to imitate his political BFF by laying claim to Greenland as well as Canada (which Donald calls the 51st state of the US) and the Panama Canal (whose sovereignty was transferred to the nation of Panama by signed treaty nearly fifty years ago). As always with Donald, he is spending all of his time keeping up with the other world dictators, like Putin, like Kim Jung Un of North Korea, like President Xi of China, like Urban of Hungary. Hey, while he's at it, why doesn't Donald claim the Moon as being a US territory? Our astronauts landed their first and, yes, they did plant the American flag on the moon, and the images of that planted flag were broadcast around the world. So why not claim the Moon as a US territory?
It’s beyond pathetic that Trump and his fellow MAGAts bow down to the pathetic Putin. Trump will soon be the leader of the country with world’s strongest economy and most powerful military. Too bad no one tells him this.
Butbutbut Putin has more money than Trump, and Trump,status-seeker that he is, will always bow down to that, while secretly plotting to outdo him & taking notes on how he did it.
I suspect his dementia and lack of literacy would rule out strategic note-taking.
Why stop at the Moon? Trump's boss, Elmo, wants to colonize Mars.
That would be great! Send all the corrupt oligarchs and their toady pold to colonize Mars by advertising it as the most exclusive resort Ever.
pols
Maybe. Or maybe he read ‘The Marching Morons’ and he’s planning to ship them all . . . partway there . . . b.rad
<https://en.m.wikipedia.org/wiki/The_Marching_Morons>
Thanks for introducing me to the Hayde Bluegrass Orchestra!
In their 1988 study of the economics of British imperialism, Mammon and the Pursuit of Empire, Lance Davis and Robert Huttenback conclude that British "imperialism can best be viewed as a
mechanism for transferring income from the middle to the upper classes". The British middle class paid most of the taxes to support the military and administrative structure of the empire, while the upper classes enjoyed higher rates of return on investments abroad than would otherwise have been available to them. The result, "socialism for the rich, capitalism for the poor", makes sense for the rich, who were making the policy.
I'm also thinking of how the 19th-century Scottish economist James Mill described the British Empire as "a vast system of outdoor relief for the upper classes".
Do note that King Phillip has subtly played Shenanigans with power of the people and government real estate property so that it falls under his family for generations. Essentially he is doing what Putin has done and what Trump aspires to do
Rather than annexing more land, we need more younger citizens. As an early boomer retiree, I realize we need more people making decent money to support our economy. How to get more citizens? Not by forcing women to make more babies. Let’s invite them: “Give me your tired, your poor, Your huddled masses yearning to breathe free.”
the incoming fool and company want to deport the tax paying working mass that pay into but can never receive their social security because of their undocumented status...
Someone needs to tell Trump how many minerals and how much wealth is in Siberia. Let him go after that!
And the Congo. A fine place for a war.
We are the greatest power in the world, with the most effective military and a large nuclear arsenal as well as the dominant economy. What we do matters in the world, and we have a responsibility that comes with this awesome power. (As someone who studies France and Europe generally, I'm very much aware of how much these countries focus on our elections.) Yet foreign policy almost never enters into our presidential debates, making way for "kitchen. table" issues; worse still, Trump's tariffs, if they go into effect, will make prices go up. All Trump has talked about since the election, it seems, is countries he wants to seize, as well as sitting down with Putin (absent Zelensky) to discuss the future of Ukraine. We as a country don't realize how much this "willed ignorance" of anything outside our borders is hurting us.
The media rarely puts a spotlight on foreign affairs except in a few instances like the war in Gaza.
Well said, Jill. What has happened within our borders may ba larger threat. Our education system has been structured for failure. Keep the populace ignorant. Empty their hearts along with their heads, and fill them instead with what to think, . .or how not to know.
The populace has not been called “Sheep” for nothing.
One question I have after reading this (mostly after reading the Farrell article that's linked) is: Given that Trump is obsessed about maintaining the dominance of the Dollar, why is he so interested in promoting crypto? Per Farrell, the stated goal of the founders of crypto is to replace the dollar. My guess: Trump is now in the crypto business and so promoting the interests of the crypto market is to his financial benefit. Morever, he's not smart enough to understand all of the problems with crypto.
Putin's viceroy is obsessed with increasing his own wealth. If crypto will do it then he will back it. Remember Musk is already big in crypto, and ,for now, is a main advisor.
Greed and grift. The motivation for most of his “strategies.”
He also has co-President Elect Musk whispering in his ear, "crypto, crypto, crypto" , along with many other sweet nothings.
He thinks having a crypto currency reserve will help prop up the dollar. Sort of like gold reserves.
Ok, makes some sense. Although, of course, gold has a couple thousand year history of being treated as a valuable commodity, while crypto....
The crypto industry thing is interesting to me too. Do you think the Fed will eventually create a US digital currency?
The US Dollar IS a digital currency; crypto is not a currency at all, it is a collectible.
The Fed's digital currency concept is really just allowing anyone to have an account at the Fed (the proposal appears to be that your account would go through your bank). That would allow simple transfer of funds from one person to another. It would also simplify things like the occasional tax rebate.
President Speedfreak & his Grand Vizier Captain Ketamine, egos boosted by their awesome access to power. What could possibly go wrong? Reminds me of the poem Ozymandius.
American soft power would have gotten better deals and more access than any of the mafia asshole tactics the mafia asshole is trying.
Very true. Unfortunately Trump would rather take $10 from your wallet then work out an agreement that will pay him $100 more than you every month
But Biden age and Hillary’s emails are the real disqualifiers in mainstream media land..
trump and his band of clowns make America look foolish, unreliable, and stupid. I am surprised he hasn't mentioned taking over Bahamas because of the beaches and the great potential resport locations he could build. His disregard for Canada, or is it simply Trudeau, is remarkable and disturbingly dystopian. trump is an embarrassment to America and his ill-will, arrogance, and bloviating outbursts will force allies to reconsider sharing anything of value with the US. Who is going to share sensitive information with lunatic? Hopefully, as you mentioned, this round of stupidity is simply trying to cover up his other stupidity of his cabinet nominees.
Joe Biden could bring world peace and the media would say, the world peace announcement wasn't as emotional as it could have been and he did stutter once. Sadly, I can see legacy, corporate media acting like a new puppy, waging its tail and excitedly wondering, where are you taking me next...
Thank you for this erudite explanation and historical context of Imperialism! That said, I think you left out one critical factor that helps to explain Trump’s admiration and adoption of an expansionistic fantasy that emulates Putin’s and Hitler’s world view - and that is that, as Trump has publicly admitted, Putin is in his ear on a regular basis! It seems we now have two co-president elects: Vladimir Putin and Elon Musk!