[S13 E06] New
Identifying and examining the larger economic dimensions and trends of three key aspects of today's global economy: Russia/Ukraine war, Europe's quandary, and the decline of the US empire. Attention focuses on the immense direct and indirect costs of the war in Ukraine; on Europe's desperate position and choices caught between the US and China blocs in the world economy; and on how the US empire is responding to its decline in the world economy. Our approach is to stress...READ MORE
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World economic trends can be more fundamentally defined as the spreading of British (EIC controlled) and American Capitalism or capitalist ruled growth and systems of government. Our western luxuries of fossil fuel comforts (Schumpeterian growth), automobiles, refrigerators, air conditioning, daily meat consumption demands now internationally versus plant foods where meat was consumed less than a dozen times annually, even here in the west in most rural and even urban communities in the last century alone,,, has changed dramatically.
“Capitalism has borne the monstrous burden of the war and today still has the strength to shoulder the burdens of peace”. (That is controlled capitalism,,, as it is more so in European socialist democracies using a “luxury” tax system),
As for the fall of empires, the reasons are the same, Moral, Social and Economic decay, or as in our own modern fall of “MOS MAIORUM”.
“Reflection” 2022 edition, by Guzziferno)
Thank you for a great subject lecture