(1) Very disappointing analysis, to the extent of being biased. (2) You say nothing about the succession process once Morales resigned & how everyone in line below Morales was forced out and by-passed. It is as if Nancy Pelossi were to appoint herself President in the event Donald Trump is impeached and convicted. Jeanine Anez has usurped the presidency & occupies the position ONLY because of the military. In my book that spells "C-o-u-p". (3) You engage in bait & switch argument re the OAS. It was there to oversee the fairness of the election count, not to rule on whether Morales was entitled to a fourth term. (4) The OAS's actions smell like dead fish. Within a few hours of the polls closing it announced fraud on the basis of a change in the trend of results of the "preliminary" quick count. The OAS charge has been revealed to be a lie. The final count results closely resemble the preliminary count (P.S. It is not surprising the OAS behaved in this way as it is based in DC, sixty percent US funded, & OAS employees are self-interested agents who like their US dollar salaries as everyone knows). (5) Morales was deposed while still serving out his third term as president, which has not yet expired. (6) I hope Project Syndicate will distribute a counter op-ed to this article in the interests of representing the full picture.
This is "group think" from a servant of the Davos "World Economic Forum" set. These are difficult political times. Trump is not good for us, and nor is the Davos set. The great political pitfall is, in reaction to Trump, we go back to supporting the Davos crowd.
LET THEM EAT CAKE.
QUOTE: "The basis of this mood is hardly self-evident, as the country is better off economically than it was a half-dozen years ago, in the immediate aftermath of the 2007-08 economic crisis."
Mr. Haas says we are better off than we were in the worst crisis since the Great Depression so we should be happy.
Sounds like Versailles. Let them eat cake. Perhaps he should be thinking about the guillotine?
No need for anything that extreme, but the response to the financial crisis has hardly been equal. Time series of income and net worth, broken down by income percentile:
Americans were outraged about foreign interference in the 2016 US election, and officials have sought to counter the asymmetric advantage that the Internet gives America's adversaries. But the United States will be unable to establish norms to constrain its rivals until it publicly denounces and ends the practice itself.
highlights America's reluctance to halt practices that it criticizes when used by other leading powers.
While hoping for a conclusive outcome on November 3 (or immediately thereafter), market watchers unfortunately must prepare for the worst. After all, US President Donald Trump and the Republicans are not even hiding their plans to steal the election.
fears that a dispute over the outcome could drag on for weeks, triggering a major risk-off episode in markets.