COVID-19 shows the new center of the world
COVID-19 might be the catalyst shifting the center of the world, as a senescent West cedes leadership to smarter and more aggressive peoples. Sometimes a crisis reveals how the world has changed.
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Tom Friedman provides a window to the thinking of our ruling elites
Our elites tolerate the republic, as it provides a stable political regime without limiting their ability to amass wealth and power (for details see “Wealth, Income, and Power” by G. William Domhoff). Thomas Friedman explains how this works in “Our One-Party Democracy“, op-ed in the New York Times, 8 September 2009. His logic is bizarre but …
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A situation report about the global economy, as the flames break thru the firewalls
Summary: The global economy continues to fall towards debt deflation (see here), rare and never cured (WWII was not a “cure”.) This is a brief look at current dynamics, and the short and medium term futures. At over 2000 words, it is already too long; supporting logic and evidence must await later posts. This is …
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