Home » xyzzy » Dungeon » Modern Monetary Theory (or, how I stopped worrying about the natl debt.)
Re: Modern Monetary Theory [message #97819 is a reply to message #97804] Tue, 02 July 2024 11:15 Go to previous messageGo to previous message
Rusty is currently offline  Rusty
Messages: 1186
Registered: May 2018
Location: Kansas City Missouri
Illuminati (3rd Degree)
Huawei'st our time with the pretense of trade barriers, military aggression to even remotely feign being able to compete economically with China. The Chinese are moving ahead at warp speed to our ability to stay in the running. The 5G infrastructure network we've been working on for years, the Chinese have implemented many times faster than we can do. So we do our infantile best to try and "contain" them. That word has been used for years to describe what our foreign diplomacy and military aggression and economic sanctioning does to show the world what spoiled sports our nation has become.

Our political subservience to the wealthy tier and our economic philosophy have conspired to cripple productivity to the financial quagmire we're stuck within. Fifty years of determined regressive economic policy and political assimilation to the 'Borg' financiers.

China. In that same time period has extricated itself out of grinding poverty. One of if not, the, poorest country on the planet. To todays 21st century powerhouse. Really astonishing. The American empire, and the G7 is deflating.

Mr. Walmsley again, points out the hypocrisy.
https://www.youtube.com/watch?v=j5YEcu3VHc0
 
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