Watching The Globalist Federal Reserve. Papers they posted yesterday meant to scare? The Belt and Road Initiative (BRI, or B&R ) is a global development strategy adopted by the Chinese government in 2013 involving infrastructure development and investments in nearly 70 countries and international organizations in Asia, Europe, and Africa. Common Transport Infrastructure: A Quantitative Model and Estimates from the Belt and Road Initiative https://www.federalreserve.gov/econres/ifdp/common-transport-infrastructure-a-quantitative-model-and-estimates-from-the-belt-and-road-initiative.htm The bottom line of the summary: "Because trade gains are not commensurate with projected investments, some countries may experience a negative welfare effect due to the high cost of the infrastructure." How Much Will the Belt and Road Initiative Reduce Trade Costs? https://www.federalreserve.gov/econres/ifdp/how-much-will-the-belt-and-road-initiative-reduce-trade-costs.htm The paper uses sectoral estimates of “value of time” to transform changes in shipment times into changes in ad valorem trade costs at the country‐sector level. My Opinions: 1.  What the heck is OUR Federal Reserve Doing promoting this Belt & Road thingy??? 2.  How much has China taken over MY country's Federal Reserve?  How much has China taken over MY country's banking system? 3.  When will we DO SOMETHING about this?  Too slow.  Much too slow.