In recently unsealed and de-classified documents, the public is being now made aware, for the first time, of the extent to which the United States and the Soviet Union were arming themselves to the teeth, first with nuclear weapons, and then with thermonuclear arsenals.

Investors are bullish. The Federal Reserve has persuaded them that even though interest rates have totally killed housing and other interest-rate-sensitive industries as a whole, the U.S. economy is booming thanks to massive reindustrialization in post-China/U.S. trade-led globalization.

I want you to close your eyes and imagine (don’t really close them because you won’t be able to read what comes next) people with a very rich heritage.

Daniel Gold was born and raised in Tel Aviv. His parents were Holocaust survivors who immigrated to Israel from Hungary.

You can’t wait to deal with things that are currently manageable problems when they are small until they became existential and huge.