Planning ahead with an eye toward potential catastrophe is a much-needed antidote to both despair and the presentism bedeviling much of our public discourse.
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Get Ready For Stagflation
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“This is the least responsible macroeconomic policy we’ve had in the last 40 years. The primary risk to the United States economy is overheating and inflation… Policymakers need to accept economic reality. The moment has come to move past emergency policies.”
Larry Summers, Director, National Economic Council
Larry Summers knows what he is talking about. A former Secretary of the Treasury, president of Harvard University and Director of Economic Policy under President Obama, his warnings merit attention.
Both fiscal (Biden’s $6 trillion budget) and monetary (money supply up 25%) policies under the current presidential administration are irresponsible, given the economic recovery.
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In early 2021, China's position in the South China Sea is getting bigger. This has been proven for several reasons, China still has extremely relations