The Global Stakes of the U.S. Election: Debt, The Dollar, and Military Power
Reality Roundtable #12
Ahead of the U.S. Presidential Election between Kamala Harris and Donald Trump, both of whom have distinct monetary and fiscal policies, there is much debate on the potential systemic consequences for the global economy. What is the current status of the United States in the socio-political landscape, and how might trends in energy, commodities, and geopolitical tension affect the actions and capabilities of the next U.S. presidential administration? In turn, how could this affect the global economy?
In this roundtable discussion, I’m joined by financial analysts Luke Gromen and Michael Every to explore the precarious nature of current fiscal practices, the relationship between military power and economic stability, and the potential need for radical policy shifts worldwide. We also delve into the future of the U.S. dollar as the global reserve currency and the importance of price, availability, and stability of energy resources for thinking about future economic strategies.
What are the implications of NATO's actions in Ukraine for global financial relationships, and what are the resulting strategic dilemmas for Europe? How is China potentially using gold to prepare for a fundamentally different economy with fewer resources? Most of all, how can we begin to steward our economic systems in a more sustainable direction if we don’t have a shared understanding of the values and goals that underpin everything we’re doing, regardless of who the next U.S. President may be?
In case you missed it…
Last week, I was joined by architect and professor of planetary civics, Indy Johar, to explore the relationship between system design and human behavior - and what might be possible for transformational change. Along the way, we discuss the impact of sunk costs on our ability to change, the importance of new language to describe and respond to our human predicament, and envision future governance and economies that could enable the full spectrum of what it means to be human.
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This was a challenging conversation and there is much I think is right but there are also several bits of mental and moral gymnastic at work here. Some of them may be explained by some editing choices maybe, (points are mentioned but never articulated) but the one that gets me is there an agreement that the economy should have a moral backing (sounds great) then in the next breath seemingly backing a fascist for president because that person will (in theory) be better for the economy. Then making the point that government micromanage is the road to hell. Which is probably right, but one of those things is not like the others. Economists are a strange lot.
The emphasis of business as usual is to have no feelings.
Feelings can be replaced with more money, that’s what the debt paradigm is.
Now the question is, can we replace oxygen and water, and still survive?
So, those who have no attachment to anyone or anything, except the machinery, are the most dangerous to be in power.
The fear of birth, and the fear of death, it’s an old trauma that hasn’t been fully resolved.
The fear of encoded genes, from a pragmatic history of identity politics that stole the word genetics from you know who, and just like Elon Musk in a classroom, allowed the internet of knowledge, to become a cesspool of sex drugs and rock n roll, low hanging sugar by introducing parasitism, not intelligence, *smartness for profit, not shared interests, and continued the argument that more innovation will benefit the few, while the appearance will dazzle the many, only to realize a woman and an ocean without a moon, can never breathe another child without Gaia. The absence of biological gravity and the rendering of science as a unit, not a method by principal, continues to oversimplify the fact science is the study of every subject known, including the psychology of fame, the study of a Guru, and how a monetary system is not an advance in history, but a requirement for a war against nature.
Art is the nemesis of war, it has a camera at both ends, the missile launch and the missile reception of broken humans.
By alienating a species as a race, not a planetary organism on a planetary orb, chasing a moving sun and its spirals, there is little hope to rejoin physics with life, instead of physics of an invented economic time piece going five times faster than earths rotation and it’s capable abundance we ignore by care.
Care is before value, it is encoded of every human being.
The cycle of a living organism and its birth, can not take place during atrophy in space, the cells are without direction in the struggle against gravity.
We send some of the healthiest and most sterile humans in to space, and yet they come home sick, which measure of interest captures the imagination and not the reality?
William Shatner perhaps?
To paraphrase the Noam, a duopoly is simple, it provides the answers before discussion, it provides the lecture, before conversation, it provides the food, before ingredients and provides objective rationality, before subjective analysis.
A lively debate in a narrow field of discussion.
To allow a better understanding of provocative language, we must include the child (or the elder)
Or, we will continue to embrace neoliberalism in its many forms of an unreasonable Bipolarity and its resulting ADHD.