Instability, Fragmentation, Resource Wars
With Charles Hugh Smith & Gordon T Long
21 Minutes, 19 Slides
Sources of Instability
- North Korea,
- Pakistan, etc.
- Weak Institutions & Corruption
- Failed Political Governance
- Failure of Central Planning Model
- Failure of Neo-Liberal Model of Capitalism
- Global Supply Chains Under Pressure
FRAGMENTATION of nation-states assembled in the 20th century by the Great Powers
- Syria, et
DIVIDED Geopolitical loyalties of traditional states
- ENERGY and transport of energy (Ukraine, Iraq, Africa, China-vs-Rest of East Asia, etc.)
- FEWER resources (food, water, energy)
- SHORTAGES / RISING PRICES of resources
INSOLVENCY of Nations/Governments due to unpayable debts (Greece, Cyprus, etc.)
- Each source of instability generates regional instability that disrupts other nation-states and attracts wealthy-states/quasi-Imperial interventions that further destabilize the region.
- The likelihood that all these interlocking sources of instability will go away naturally or be resolved is low. Predictability is also low as instability is intrinsically non-linear.
- National and global instability caused by eroding purchasing power of currencies; as currencies lose purchasing power, imports become prohibitively expensive, triggering higher prices and shortages that exacerbate wealth/income inequalities.
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Thesis Paper: Financial Repression
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