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Category: The Wide Angle

General Augusto Pinochet with the Silicon ValleyBank logo

The Wide Angle: Financial Unreality and The Cult of Pinochet

by Dave Troy | Mar 27, 2023 | Economy, The Wide Angle

The recent collapse of Silicon Valley Bank demonstrated in clear terms that financial reality is a shared hallucination. And financial reality, a useful social construct, goes a long way to shaping our physical reality. For the businesses threatened by a potential meltdown of the bank, a cashflow freeze meant the difference between real people getting […]

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Ron Paul

The Wide Angle: Crash the Global Economy? It’s Harder than It Sounds.

by Dave Troy | Feb 27, 2023 | Economy, The Wide Angle

Many of us are familiar with the phenomenon of “dorm room philosophy” and its derivative field, “dorm room economics.” Often, it is rooted in the clunky prose of Ayn Rand and the simple, common-sense decrees of Austrian economics, along with the limited life experience common to all young people — particularly young men. Rand’s “objectivism” […]

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45th G7 Summit | Biarritz, 25-26 August, 2019

The Wide Angle: Combatting Putin’s War with a Forward Vision for the West

by Dave Troy | Jan 21, 2023 | Foreign Policy, The Wide Angle

War, beyond being just a struggle for territory, is a process. Long-running wars, in particular, have the potential to transform geopolitics, and this is playing out in Putin’s war in Ukraine. Sanctions initially intended to isolate Russia have created a bifurcated world where the G7 nations have shunned the slavic state, while other nations are […]

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Russian President Vladimir Putin

The Wide Angle: 2023 — A Year of Conflict and Chaos?

by Dave Troy | Dec 20, 2022 | Politics, The Wide Angle

When the 118th Congress commences in January, we will be facing several important issues simultaneously. The United States will be dangerously close to reaching its debt ceiling, and Congress will need to pass legislation raising it. Presumptive House Speaker Kevin McCarthy has said he intends to use the debt limit as a weapon to force […]

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The Wide Angle: Is Reality Making a Comeback?

by Dave Troy | Nov 18, 2022 | Elections, Politics, The Wide Angle

It’s always healthy to guard against premature optimism, but reality may be making a comeback. Cryptocurrency markets are cratering; Russia has surrendered Kherson; Elon Musk is melting down at Twitter; and President Biden and the Democrats delivered the best midterm performance since President Kennedy. I’ve been watching these trends as a single networked phenomenon, and […]

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