I want to highlight two things. The first is my attempt to understand what is really worrying my friends among the new inflation hawks. the second is that we remain an inventive anthology intelligence, with lots left to discover, develop, and deploy. Thus the long run future for humanity‘s economy looks very bright:
Bard and most of the people he hangs out with aren't directly affected by the current slowdown. They are surviving on work from home jobs, and unlike the great recession, aren't waiting for their portfolios of sticks to recover from a fifty plus percent drop. So perhaps the economic woes which seem particularly theoretical to them just don't outweigh theoretical concerns and inflation.
<i>the combination of Reagan, the Bushes, and Trump have lost America a generation of societal progress and have accelerated by a generation the shift from an America- to an other-centered world. This may turn out to be an even faster loss of economic and geopolitical paramouncy than that experienced by the British Empire in the first half of the 1900s.</i>
I've spent 40 years or so marveling at the fact that Rs have managed to sell Reagan as anything other than a disaster for the US.
Bard and most of the people he hangs out with aren't directly affected by the current slowdown. They are surviving on work from home jobs, and unlike the great recession, aren't waiting for their portfolios of sticks to recover from a fifty plus percent drop. So perhaps the economic woes which seem particularly theoretical to them just don't outweigh theoretical concerns and inflation.
<i>the combination of Reagan, the Bushes, and Trump have lost America a generation of societal progress and have accelerated by a generation the shift from an America- to an other-centered world. This may turn out to be an even faster loss of economic and geopolitical paramouncy than that experienced by the British Empire in the first half of the 1900s.</i>
I've spent 40 years or so marveling at the fact that Rs have managed to sell Reagan as anything other than a disaster for the US.