I had the "day off." I spent much of the day watching Fox Business News. Overall, it was a pleasant change from CNBC.
What little I saw on CNBC there was minimal coverage of the Singapore Summit.
Fox Business News devoted much of the day to the summit.
Unfortunately, most of the analysis was "political" and absolutely worthless. As usual, Trump supporters were watching one movie, while the Obama-Clinton supporters were watching another movie.
Several decades ago, following the end of the "Cold War," the Pentagon had to move from a one-major-regional-war strategy to a two-major-regional war strategy. There was much debate over the two-major regional war strategy and what it was costing the US.
Over time, it became clear that the US strategy might need a three-major-regional-war strategy: a) Mideast; b) Korean peninsula; and, c) the South China Sea.
It now becomes clear that the China loved the fact that the US military was tied up on the Korean peninsula, leaving China free to expand in the South China Sea.
The Singapore Summit changes this. My hunch is that the three senior service schools (US Army War College; US Navy War College; and the US Air Force War College) are changing their curriculum as we speak.
This chart was posted yesterday:
Someone sent me one of their favorite "election night" YouTube videos. Two "new" ones that I had not seen until tonight.
But since then, another good one has popped up.
It is interesting to look at all the talking heads on this video and note how many were completely wrong, how many of them lost their credibility, and thankfully, how many of them are no longer politically active.