The Storm Before the Calm: America's Discord, the Coming Crisis of the 2020s, and the Triumph Beyond
George Friedmanamazon.com
The Storm Before the Calm: America's Discord, the Coming Crisis of the 2020s, and the Triumph Beyond
Here are some summary points that you should keep in mind as you seek to understand the Information Revolution: A shift in the megapolitical foundations of power normally unfolds far in advance of the actual revolutions in the use of power. Incomes are usually falling when a major transition begins, often because a society has rendered itself crisi
... See moreEvery hyperinflation looked the same. “Hyperinflations are always caused by public budget deficits which are largely financed by money creation.” But even more interestingly, Bernholz identified the level at which hyperinflations can start. He concluded that “the figures demonstrate clearly that deficits amounting to 40 percent or more of expenditu
... See moreAnd during recent emergencies (especially the pandemic) America’s central government has already road-tested many of the policies it may employ to begin reconstruction. It can now issue universal incomes to households and firms, block interest due on loans, freeze (“sanction”) individual bank accounts, stop cross-border trade, and compel firms to s
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