Generational Dynamics World View - Printable Version +- Generational Theory Forum: The Fourth Turning Forum: A message board discussing generations and the Strauss Howe generational theory (http://generational-theory.com/forum) +-- Forum: Fourth Turning Forums (http://generational-theory.com/forum/forum-1.html) +--- Forum: Theories Of History (http://generational-theory.com/forum/forum-7.html) +--- Thread: Generational Dynamics World View (/thread-51.html) Pages:
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RE: Generational Dynamics World View - John J. Xenakis - 04-11-2020 ** 11-Apr-2020 World View: The number of US deaths from Covid-19 New York state governor Andrew Cuomo has just been giving his daily coronavirus news briefing. He was giving the number of infections and the number of deaths, and as usual in such situations when politicians have to use a little elementary school arithmetic, he was completely confused. As I've pointed out many, many times, many politicians and journalists cannot do math at even the 2nd grade level. So he referred to Trump's task force figures for deaths in the US, based on models developed by the experts Anthony Fauci and Deborah Birx. The task force estimated two million deaths if the economy had not been shut down (i.e., no mitigation steps or lockdowns). They estimate 200-400K deaths with mitigation. And the task force hopes to bring it down to 60K deaths in the US if the public continues to honor "social separation" guidelines. Cuomo also referenced figures from the CDC model that 160 million people will be infected. Cuomo ridiculed that figure. So the first problem is that the 60K deaths figure is up to August of this year, while the 160 million figure covers a two year period, so the two figures are not comparable. This is a common mistake that politicians and pundits make, completely confusing everyone by not comparing equalivalent time periods, equivalent regions, or equivalent mitigation enforcement. There have already been almost 20,000 deaths in the US, for February and March, and some of April. Unless that rate slows down (which may happen in the summer), the number of deaths to August will be in the 60-100K range. However, that rate of death could spike substantially when the US "opens up" the economy, currently expected in mid-May. So there could well be 100-200K deaths by August, depending on what happens when the lockdowns end. Now, I've seen the figure that 60% of people who are exposed to Covid-19 will become infected. So let's assume that everyone will be exposed to Covid-19 in one way or another some time in the next two years. I personally believe this to be true, particularly after all lockdowns are over and forgotten. It means that the infection rate of 160 million people over two years is quite plausible. Finally, my own estimate of the number of deaths comes from a comparison to the 1918-1919 Spanish Flu pandemic. Based on that comparison, I estimated 4 million deaths in the current pandemic. ** 22-Mar-20 World View -- Today's Wuhan Coronavirus (Covid-19) pandemic vs 1918 Spanish Flu ** http://www.generationaldynamics.com/pg/xct.gd.e200322.htm#e200322 That pandemic occurred in three "waves," with the second wave, in the fall of 1919, being the worst. The second wave was made worse by the fact that the Spanish Flu virus mutated in the summer of 1918, and became much more dangerous, and even people who survived the illness in the spring had no immunity to the mutated flu in the fall. I have heard several TV experts discuss mutations of Covid-19 in general terms. What I heard was that there have already been mutations, and that there are already three strains of Covid-19, although the three strains are sufficiently similar that someone who survives illness from one is still immune from the other two, at least for a while. According to one person, the European version is different than the Chinese version, and the east coast has the European version, while the west coast has the Chinese version. This shows the danger that there may be yet another mutation that can strike survivors of the other strains, as happened in 1918, and a huge number of deaths from a second wave in the fall is at least a possibility. However, Anthony Fauci says that they're well prepared if that happens, whereas they weren't prepared in 1918. So there are variety of estimates of the number of deaths -- from 60K until August to four million over two years. These estimates seem to change almost every day. The only thing that can slow these deaths is the successful deployment of a vaccine, and every expert I've heard says that won't occur for another 12-18 months. RE: Generational Dynamics World View - John J. Xenakis - 04-11-2020 ** 11-Apr-2020 World View: International hot spots Navigator Wrote:> This could mean, extrapolated to the entire population, that That's true, but there's one more thing that the media and even Trump's task force all dance around but never really address. There's a lot of talk about "hot spots." New York state is the current biggest hot spot, responsible for almost half the deaths in the country. And a tv report today listed the next likely hot spots: Delaware, South Dakots, Maryland, Rhode Island, Pensylvania. The number of cases in these five states has doubled or tripled in the last seven days. These hot spots will be growing as the New York hot spot is on a downward slope, and it's hoped that resources can be transferred from New York to those other locations. However, the hot spots that the news reports rarely mention are elsewhere: Central America, South America, Africa, the Mideast, parts of Asia. Particularly vulnerable are crowded refugee camps and crowded megacities, where poverty and crowding combine to make such things as social separation and self-isolation impossible. These probably add up to one or two billion people in these hot spots. What's going to happen to these people? Are we all just going to sit around and watch them die by the hundreds of millions? They're going to try to escape to the non-hot spot countries -- the United States, Europe, Australia, and even China -- anywhere that they believe that they'll be safe from Covid-19. The point is that these massive hot spots will increase the number of deaths in the non-hot spot countries because the massive number of infections and deaths will spill over into the non-hot spot countries. Every country will try to build walls to keep people out, but we've already seen in the last ten years how difficult building such walls can be. So your estimate that 10% of the American population could require hospitalation may be defeated people from international hot spots will end up seeding additional hot spots in the non-hot spot countries. RE: Generational Dynamics World View - John J. Xenakis - 04-11-2020 ** 11-Apr-2020 World View: Guangdong Province Higgenbotham Wrote:> https://twitter.com/Jkylebass/status/1249016519574663169 If this is true, then it's significant because Guangdong province is adjacent to Hong Kong, and is the crucible of the last two major anti-government rebellions. The last two of these massive rebellions were the the Taiping Rebellion (1850-64) and Mao's Communist Revolution (1934-49) -- and both of these rebellions began in Guangdong province and spread north. RE: Generational Dynamics World View - John J. Xenakis - 04-12-2020 ** 12-Apr-2020 World View: Deaths Guest Wrote:> How many of you know someone personally who died from it? Far as In New York City, they're burying unclaimed bodies in mass graves. New York is the current worst hot spot, but it appears to be slowing down there, and within a couple of weeks it should over overtaken by several other hot spots, as the virus rolls on from place to place. Sooner or later it will roll on to your village. Then you may personally know several people who die from the virus. I'm an old person, and I'm overweight, so I'll probably die if I'm infected. Then you can say you knew me. President Trump is pressing very hard to open up the economy again, pushing back against those who want to continue the lockdowns into June or July. Trump will make a decision this week, and the most likely decision will be gradual loosening of restrictions, starting in May for some regions. Perhaps you'll be in one of those regions. RE: Generational Dynamics World View - John J. Xenakis - 04-13-2020 ** 13-Apr-2020 World View: WHO mandatory requirements for ending lockdowns In a statement carried on the BBC, Tedros Adhanom Ghebreyesus, director of the World Health Organization (WHO), said that on Tuesday he will be issuing a new strategy and guidelines for countries that wish to end the lockdowns. He said that the guidelines will contain mandatory requirements for end lockdowns. Presumably, Tedros has received approval from his masters, the CCP thugs, for these mandatory requirements. It doesn't matter to the CCP thugs what the requirements are since the CCP have no intention of following them, just as they never follow any international requirements. As we know, the highly racist Chinese since ancient times have viewed the universe in three layers -- The highest layer is the Kingdom of Heaven. The second layer is China, the Master Race, the Middle Kingdom -- yellow race, black hair, brown eyes, yellow skin. And the bottom layer is you and me -- the barbarians. So to the CCP thugs, the WHO is just another vehicle that they can use to keep the barbarians under control, while they go on with their enlightened work of torturing, raping, slaughtering and enslaving Muslims, Christians and Buddhists. So here are the six mandatory requirements issued by the WHO and Tedros, on behalf of the CCP thugs:
The full WHO/CCP policy will be issued on Tuesday. RE: Generational Dynamics World View - John J. Xenakis - 04-13-2020 ** 13-Apr-2020 World View: Wuhan Coronavirus in other countries Xeraphim1 Wrote:> Big News doesn't cover what is happening in developing countries What you're written here is very right and very important. In America, the UK and Europe, the media assume that the West is isolated from the rest of the world, and within a couple of months everyone will go back to work, and normalcy will return. The West is going to be heavily affected by what's happening in the rest of the world. You've given one small example where you're sending money to your in-laws in the Philippines so that they can buy a little rice. There are going to be billions of situations like that. Al-Jazeera has been reporting on how different countries are coping. I took a few notes:
RE: Generational Dynamics World View - John J. Xenakis - 04-14-2020 ** 14-Apr-2020 World View: Starving rats go to war in New York City A web site reader called my attention to this story:
Quote:> "Starving rats are resorting to war and cannibalism to https://nypost.com/2020/04/13/starving-rats-resort-to-war-cannibalism-during-the-coronavirus-lockdown/ RE: Generational Dynamics World View - John J. Xenakis - 04-14-2020 ** 14-Apr-2020 World View: Simultaneous cataclysmic crises Higgenbotham Wrote:> https://www.armstrongeconomics.com/armstrongeconomics101/opinion/forward-this-letter-to-president-trump-to-everyone-your-can-overseas-governments/ In the last century, the following three cataclysmic crises took place ten years apart:
Today, all three of these cataclysmic crises are occurring simultaneously. In addition, the WW I and WW II fault lines and timelines have been combined. So the economic crisis will be much worse than the Great Depression, and the war will be much worse than WW II. I still don't agree that the world is headed for a new dark age, as you claim, but I do agree that this is the best evidence so far that supports your view. RE: Generational Dynamics World View - John J. Xenakis - 04-15-2020 ** 15-Apr-2020 World View: Three crises vincecate Wrote:> To be fair, the Spanish flu started during WWI and WWIII has not Probably I should change the three crises as follows:
Whether WW III has already started is a matter of speculation. vincecate Wrote:> When I look for Generational Dynamics WebLog the last post I see I'm thinking of writing an article on the IMF prediction that the "Lockout Recession" will be the worst since the 1930s. I'm going to answer your question in the "Generational Dynamics World View News" thread. RE: Generational Dynamics World View - John J. Xenakis - 04-15-2020 ** 15-Apr-2020 World View: Covid-19 in Idlib, Syria
vincecate Wrote:> When I look for Generational Dynamics WebLog the last post I see Till your post mentioned it, I hadn't realized it's been that long. I don't like to write an article unless I can contribute something meaningful from the point of view of Generational Dynamics, and since March 27, there's been only one news story -- the pandemic -- and I've been writing stuff about that regularly in the forum in the "Generational Dynamics World View News" thread. So let's look at the last article that I posted on the main web site: ** 27-Mar-20 World View -- Coronavirus pandemic threatens 3.5 million people in Syria's Idlib ** http://www.generationaldynamics.com/pg/xct.gd.e200327.htm#e200327 I've written about the Idlib situation many times. Bashar al-Assad's army is conducting genocide and ethnic cleansing of Sunni Muslims in Islam, and is pushing 3.5 million people, mostly children, toward the closed border with Turkey, expecting to force Turkey's Erdogan to open the border, who would then arrange for them to pour into Europe. All of that should have been well on its way by this time, and I probably would have written one or two articles about it. But thanks to Covid-19, everything has stopped, since all sides are frozen with fear about a "coronavirus tsunami" affecting both Idlib and Damascus. One interesting new development is that thousands of displaced people who left their homes and fled to camps near the border with Turkey are now returning to their former homes. They feel that their former homes are safer than a crowded refugee camp where a Covid-19 would spread quickly. I assume that in their former homes and villages, they would be practicing "social distancing" and "self-isolation." ---- Source: -- Scarce resources in Syria's rebel-held areas amid COVID-19 fears https://www.aljazeera.com/news/2020/04/scarce-resources-syria-rebel-held-areas-covid-19-fears-200414202039334.html (Al-Jazeera, 14-Apr-2020) RE: Generational Dynamics World View - John J. Xenakis - 04-15-2020 ** 15-Apr-2020 World View: 1918 Spanish Flu pandemic may have originated in China A web site reader has called my attention to an article appearing in National Geographic in 2014. The article points to a detailed historical analysis with evidence that the 1918-19 Spanish Flu pandemic actually originated in China: Quote:> "1918 Flu Pandemic That Killed 50 Million A New York Times article by Rick Gladstone on February 10, 2020, lists several pandemics that have been traced to China:
https://www.nytimes.com/2020/02/10/world/asia/china-epidemics-coronavirus.html So the 1918 Spanish Flu pandemic would be in addition to those five. RE: Generational Dynamics World View - John J. Xenakis - 04-15-2020 ** 15-Apr-2020 World View: Tomorrow, when the world is free vincecate Wrote:> Almost everywhere is less than 300 deaths per million population In other words, once you've killed off all the Boomers once and for all, then the world can finally be free again. There'll be blue birds over the white cliffs of Dover Tomorrow just you wait and see There'll be love and laughter and peace ever after Tomorrow when the world is free RE: Generational Dynamics World View - John J. Xenakis - 04-16-2020 ** 16-Apr-2020 World View: Continuing the lockdown Earlier today, New York, Los Angeles and Washington DC all extended their stay-at-home lockdown orders until at least May 15. Donald Trump, who has said "the cure can't be worse than the disease," is pushing very hard to end the lockdown on May 1. This seems completely unrealistic, and even May 15 seems unrealistic. But perhaps certain kinds of businesses might begin to open in early May. Grocery stores and drug stores are already allowed to stay open. How about furniture stores? The UK also extended its stay-at-home lockdown orders today, without giving an end date. They announced several conditions that must be met before the lockdowns can end:
The UK minister said that if you rush now to end the lockdowns too early, then there will be a second wave of infections that would be much worse, and would require even longer lockdowns. RE: Generational Dynamics World View - Tim Randal Walker - 04-16-2020 Regarding Johns last post.... Covid 19 has been compared to the Spanish flue. I noticed that a history of this was posted to City-data.com. A century ago this flu reached Seattle. Initially there was a lockdown/social distancing. This lockdown was eased when with an apparent slowdown in the rate of infection. Leading to a new surge of infection. And a third surge of infection. RE: Generational Dynamics World View - John J. Xenakis - 04-16-2020 ** 16-Apr-2020 World View: China's motive Guest Wrote:> https://thediplomat.com/2020/04/did-xi-jinping-deliberately-sicken-the-world/ This article provides a motive for the actions by China and the WHO to hide the severity of the Covid-19 epidemic: So that other countries would be infected. Unfortunately, this is quite plausible. If the CCP had been honest from the beginning, then the epidemic would have spread in China, but the rest of the world would have been spared. This scenario must have been horrific and unthinkable to the CCP thugs. By lying about the virus, and by getting the WHO to vouch for their lies, the CCP thugs made sure that other countries would be infected as much as China was. Donald Trump may have alluded to this possibility in his press briefing on Wednesday. I can't remember the exact words he used, but it was something like this: "China and WHO made a big mistake, not being transparent. They didn't know that it would spread to a major pandemic. At least we hope they didn't know. If they did know, then it was [pause] a much greater offense." The administration is conducting a detailed investigation about what happened in Wuhan. According to semi-confirmed leaks, the Chinese scientists were studying the virus in Wuhan, one of the girls working in the lab became infected. She passed it on to her fiancé, and he works in the "wet market" where the virus spread into an epidemic. If the investigation finds that the CCP and WHO had a motive of infecting the rest of the world, so that China wouldn't be the only infected nation, this would be extremely significant, and would infuriate a lot of nations towards China. It could very well be the spark that leads to war. There is no limit to the stupidity of the CCP thugs. The CCP thugs are a bottomless sewer of stupidity. As I've written many times, the CCP always one incredibly stupid thing after another. You never know what the CCP is going to do to handle a situation, but you can be certain that whatever the CCP thugs do, they'll only make the situation worse. That's certainly the case in this situation. It's just incredible to me how the do one unbelievably stupid thing after another. I remember thinking of that with regard to Mao Zedong's Great Leap Forward, which was so stupid that it led to the needless deaths from starvation and execution of tens of millions of innocent Chinese civilians. Since then, it's been one stupid thing after another. The wonderful Chinese people deserve something better than the worthless garbage in the CCP, but they're obviously not going to get it. Will the motive proposed by the Diplomat article turn out to be true? We'll have to wait for the investigation, but one thing we know is that the CCP's behavior is ALWAYS worse than expected. RE: Generational Dynamics World View - John J. Xenakis - 04-18-2020 ** 18-Apr-2020 World View: CCP thugs arrest Hong Kong activists during pandemic
There are some signs that regional conflicts are growing, as most of the world is distracted by the Wuhan Coronavirus (Covid-19) pandemic crisis. On the one hand, the conflicts in Syria and Yemen appear to be frozen in place, as all belligerents are fearing a "coronavirus tsunami." In in the Mideast, Iran is being widely blamed for being the super-spreader that has spread Covid-19 throughout the region. However, there are some conflicts that are worsening, because of the coronavirus pandemic distraction. There are reports that the CCP thugs are arresting pro-democracy leaders in Hong Kong, even though there have been no demonstrations for months. This is an example of what can happen. The only protection that these young people had was international pressure on the CCP. But now, nobody cares about anything but the coronavirus pandemic, so the CCP thugs see their opportunity. Furthermore, a widespread pro-democratic protest is almost impossible during the Wuhan Coronavirus pandemic crisis. There have also been reports of increased military activity by the CCP thugs in the South China and East China seas. Another example is that in Burma (Myanmar), the military is stepping up attacks on Rohingyas and other ethnic groups in Rakhine, Chin, Karen and northern Shan states. It may even be an objective to destroy health facilities, so that as many people in these ethnic groups will die from the virus. All of this comes at a time when suspicious are growing that the CCP and WHO purposely censored early reports and lied about human to human transmission in order to guarantee that the virus would spread to Europe and the United States. Another benefit to the CCP thugs' lying is that now they can take advantage of the pandemic they caused to launch military action in Hong Kong and elsewhere. ---- Sources: -- China / Police in Hong Kong arrest 15 activists amid autonomy warnings https://www.theguardian.com/world/2020/apr/18/police-in-hong-kong-arrest-14-activists-amid-autonomy-warnings (Guardian, 18-Apr-2020) -- U.S. says China should stop 'bullying behaviour' in South China Sea https://www.msn.com/en-us/news/world/us-says-china-should-stop-bullying-behaviour-in-south-china-sea/ar-BB12PYx3?li=BBnbfcL (Reuters, 18-Apr-2020) -- Myanmar military steps up attacks as coronavirus spreads https://www.aljazeera.com/news/2020/04/myanmar-military-steps-attacks-coronavirus-spreads-200416060255091.html (AlJaz, 16-Apr-2020) RE: Generational Dynamics World View - Warren Dew - 04-18-2020 Overreaction to Covid-19 on the Theodore Roosevelt left the Chinese with the only aircraft carrier in the Western Pacific: https://www.military.com/daily-news/2020/04/13/china-sends-aircraft-carrier-near-japan-taiwan-us-navy-struggles-coronavirus.html Hopefully the Navy will take this lesson to heart and toughen up a bit, though unfortunately it may just be ignored. RE: Generational Dynamics World View - John J. Xenakis - 04-18-2020 *** 19-Apr-20 World View -- How three major 20th century crises are merging into a single mega-crisis today This morning's key headlines from GenerationalDynamics.com
**** **** Three crises merge: pandemic, stock market bubble, war **** Morgan Stanley Research: Project timeline and milestones for a return to work in the US (ZeroHedge) In the past week, president Donald Trump has announced on Thursday a plan for "opening up" the American economy on a rolling basis, starting in May and continuing until a vaccine is found. In the past week, several pharmaceutical companies have announced development of Covid-19 vaccines and treatments, raising hopes that the virus will be defeated by the fall, even though every medical expert I've heard says that 12-18 months will be required to perform all the testing phases before a new vaccine can be deployed. In the past week, the stock market has swung upward, giving investors the hope that "the bottom has been reached," after a period where investors have been whiplashed by wild swings. In the past week, several ongoing conflicts in the Mideast, Africa and Asia have become frozen because of fear of a "coronavirus tsunami," leading some people to hope that the Covid-19 crisis will end wars for a while. However, China and other countries have taken advantage of international pandemic distraction to launch military actions. Each of these changes gives hope that the end of the Covid-19 crisis is sight, at least in the distance. However, if you want to understand what's going on today, you have to understand that we don't have three or four different sets of problems (virus, stock market, real economy, global tensions) that can be solved independently. The situation is almost infinitely more complex than that, but what we're seeing is the three major Western crises of the 20th century all merging into a single interlocking crisis today. The three major cataclysmic Western crises of the 20th century are as follows:
In the 20th century, these crises occurred ten years apart, giving the world a chance to recover from one before having to deal with another. But today, all three of these cataclysmic crises are occurring simultaneously. In addition, the WW I and WW II fault lines and timelines have been combined. Whether one of the currently "frozen" conflicts will eventually spiral into WW III is a matter of speculation. The world is a complex system, where everything interlocks with everything else. So if two or more crises occur simultaneously, they interact with one another. When government officials try to deal with one crisis, they're hindered by problems with the other crises. So today's economic crisis will be much worse than the Great Depression, and World War III will be much worse than WW I and WW II combined. **** **** Returning to work -- the timeline **** On Thursday, president Trump announced a framework for opening up the US economy and returning to work. The framework is "data driven," and since the data can differ from state to state or region to region, the timeline will differ from region to region. The chart at the beginning of this article was created by Morgan Stanley several days ago, so it doesn't precisely align with Trump's Thursday announcement. But it's close enough to serve as a reference model for discussion. One issue highlighted by this chart is the date when a vaccine is broadly available. The chart assumes March 2021, which is a bit on the optimistic side, in view of what I've heard from experts. Another issue highlighted by this chart is the "Potential Second Wave of Infections," starting in the fall, though it's not reflected "Daily New Cases" dark blue line. Scientists have already identified several minor mutations, with America's west coast dealing with the "Chinese virus," while the east coast dealing with the "European mutation." The chart ignores the consequences of a significant mutation. In the 1918 Spanish Flu pandemic, the flu virus mutated over the summer into something much more virulent, resulting in far more deaths in the fall. So the chart, like Trump's announced plan, might be called the "base scenario." It assumes that a lot of things will go right, but it's fragile, in that if one the assumptions is even partially wrong, then it could result in major changes to the plan. So this chart, and Trump's plan, assume that a vaccine will be available in a year or a little later, which corresponds to the statements by experts. They also assume that any "second wave" can be controlled quickly, as Dr. Anthony Fauci on Trump's coronavirus team has promised, using experience gathered from the the first wave. However, the biggest omissions in this chart, and in Trump's announced plan, is that there is no recognition of the other major crises that I've listed above -- a stock market crisis and a war crisis. **** **** Potential stock market crisis **** As regular Generational Dynamics readers are well aware, the stock market is in a huge bubble, with stocks far overpriced. By contrast, stocks were far underpriced in 1918 at the time of the Spanish Flu pandemic. The S&P 500 price earnings ratio can tell us whether stocks are overpriced or underpriced. The historic average of the P/E ratio is 14. Here are the three values relevant to the current discussion:
This is an illustration of what I mean by simultaneous crises today. There was no stock market bubble in 1918, the time of the Spanish Flu, and it was literally almost impossible to have a stock market panic at that time. The bubble grew during the 1920s, and burst ten years later, in the 1929 stock market crash. So the Spanish Flu crisis and the stock market crisis were ten years apart. But today, the Covid-19 pandemic crisis is occurring SIMULTANEOUSLY with a huge stock market bubble. With the market far overpriced in a bubble, a panic could occur at any time. This doesn't mean that a stock market panic must necessarily occur, but it means that the probability is high that it will occur. This is in contrast to 1918, when a stock market panic was almost impossible. The timelines in the Morgan Stanley chart above, as in Trump's announced plan, assume that there will be no stock market panic. This means that the plans assume that funds will be available to pay for all the testing and bailouts and loans and unemployment benefits. Any sane person reading news must be as shocked as I am these days to see the government distribute trillions of dollars in newly "printed" money, as if they were distributing marbles. This is tied into the current economic fad, "Modern Monetary Theory (MMT)" that I'll describe below. **** **** Potential war crisis **** As regular Generational Dynamics readers are well aware, most of the world is in a generational Crisis era, with high levels of xenophobia and nationalism in almost every nation. This means that most countries, including China, Japan, Turkey, Russia, the EU, the United States, and many others have no fear of war, have no hesitation to set "red lines" or to cross other countries' "red lines," without understanding that such actions can quickly spiral into major wars. This was not the case for Western nations in 1918, since World War I was just finishing up, and everyone was war-weary. This is an enormous difference between 1918 and today. As regular readers know, Generational Dynamics predicts that there is an approaching Clash of Civilizations world war, pitting the "axis" of China, Pakistan and the Sunni Muslim countries against the "allies," the US, India, Russia and Iran. Part of it will be a major new war between Jews and Arabs, re-fighting the bloody the war of 1948-49 that followed the partitioning of Palestine and the creation of the state of Israel. The war between Jews and Arabs will be part of a major regional war, pitting Sunnis versus Shias, Jews versus Arabs, and various ethnic groups against each other. Furthermore, as I've written in the past, China does not want a war with the US. However, China is planning a war of extermination against Japan, in revenge for Japan's atrocities in World War II, and also a war of annexation against Taiwan. China is developing a huge arsenal of missiles and ships to attack the United States because the Chinese know that the US will defend Japan and Taiwan when they're attacked by China. Those interested in understanding the dynamics of China's plans should read my book, "World View: War Between China and Japan: Why America Must Be Prepared" (Generational Theory Book Series, Book 2), June 2019 Paperback: 331 pages, over 200 source references, $13.99 https://www.amazon.com/World-View-Between-Prepared-Generational/dp/1732738637/ So we have war tensions growing in many places in the world, during the generational Crisis era. It's impossible to predict how the Covid-19 pandemic is affecting whatever war plans might be in progress in any of these countries. In the Mideast, we're seeing some ongoing conflicts in Syria and Yemen frozen in place because of the Covid-19 pandemic threat. On the other hand, there are reports that China is taking belligerent actions in the South China Sea and East China Sea in order to take advantage of how the Covid-19 pandemic has distracted the United States. A decision to go to war during a generational Crisis era is a "chaotic event" (in the sense of Chaos Theory), which means something trivial (like a butterfly flapping its wings) could affect the nature or the time of the decision to go to war. The Covid-19 pandemic is not a trivial event, of course, but the same principle can apply. So if we apply that reasoning to China, then the pandemic may cause the CCP thugs to say, "We'd better wait a while longer to make sure the army is OK," or it may cause the CCP thugs to say, "Since Japan is flat on its back from the pandemic, now is the time to strike." It could go either way. **** **** The source and course of the pandemic in China **** This is a brief summary of the accusations being directed against China as the source of the pandemic. These are important because they may play a role in the anger and xenophobia directed against China, and in the defensiveness and xenophobia directed by China against other countries. It's now widely accepted that China could have used standard containment measures (contact tracing and isolation) to stamp out Covid-19 fairly quickly in December. Instead, the CCP censored all news and social media reports of the growing danger, and forced the doctor, Dr. Li Wenlian, who had identified and reported about the virus, to sign a phony confession. Dr. Li died of the disease himself, and other doctors were "disappeared." China repeatedly censored any reports of the virus, and denied that there was any human-to-human transmission for weeks. China's claims would not have been believed, since China lies about everything, but Tedros Adhanom Ghebreyesus, director of the World Health Organization (WHO), vouched for China's lies. These lies lulled many countries, in Europe, Asia and the United States, into a sense of complacency. If it hadn't been for those lies, the pandemic would have been far less severe, because the US and other countries would have started reacting much sooner. There are some additional issues:
As things stand, many nations are facing the pandemic because China censored the facts and lied about them. If it turns out that China did so on purpose, in order to infect other nations, then some of those nations might consider it an act of war. All the actual facts will be coming out over the next few weeks. **** **** The economists and analysts **** I listen all the time to economists and financial analysts on CNBC, Bloomberg TV, Wall St Journal and elsewhere, often described as "reknowned" or "legendary." These people are idiots. They have no particular skills at explaining or forecasting the economy than an random seven-year-old child. Their only skill is to dress up their own political biases or their firm's sales pitches into words that will get them on TV. There are so many examples. One was the housing bubble in the mid-2000s decade. That there was a housing bubble was obvious, to me and to others, as early as 2004, when Alan Greenspan said there was a housing bubble. But for years the "experts" on CNBC and in the Wall Street Journal kept saying that "Housing prices can't go down -- people have to live somewhere," and "Banks won't foreclose -- it's not in their interest to do so" and "These housing construction firms know what they're doing, and they wouldn't be building houses if it were just a bubble." It wasn't until 2009 that I heard a tv analyst talk about a housing bubble -- they said that it had occurred several years earlier. These "reknowned" or "legendary" experts only recognized the housing bubble long after it had burst. That's why I call them idiots -- they can't even see the most obvious things. Economists are no different from politicians, and I see this all the time. SAT scores have been plummeting since the Boomers were in school. Since then, it became fashionable to major in idiotic subjects like sociology or women's studies, and then call yourself an "expert." You can see this in politicans, in computer programmers, and in economists. Another example, which I've written about many times, is that economists are unable to explain the tech bubble that occurred in the late 1990s -- why it occurred at all and why it didn't occur ten years earlier or later. The economist idiots just say, "Oh, it's because of the internet," which is no explanation at all, especially it doesn't explain why it didn't happen in the 1980s, when millions of programmers were developing PC software in the basements. As Generational Dynamics readers are well aware, the 1990s tech bubble occurred at exactly the time the survivors of the 1929 stock market crash and Great Depression all disappeared (retired or died). As long as they were in charge, as they were in the 1980s, PC software investments were made with care. But when their children were in charge, starting in the 1990s, internet software investments were made with reckless abandon. Those concepts are beyond the grasp of economists and analysts, because understanding it requires more knowledge than you get in fourth grade. So they're simply incapable of understanding this. **** **** The Modern Monetary Theory (MMT) hoax **** Economists and analysts may not have any knowledge beyond the fourth grade, but that doesn't stop them from becoming drug addicts. And for today's economists, the cocaine-like addiction drug is known as "The Modern Monetary Theory" (MMT). In centuries past, when Kings wanted to "print money," they actually had to run some sort of printing press. But not today. Today, anyone can "print money" simply by creating and issuing bonds. The US government "prints money" by selling Treasury bonds. When Barack Obama took office, the national debt was $10.6 trillion. When Donald Trump took office, the national debt was $19.9 trillion. But this year, the government is going on a massive spending spree. There was a $2.1 trillion bailout bill, and there are more bailouts and infrastructure programs planned. The total national debt will go to around $27 trillion. So doesn't that debt have to be repaid? The magic of MMT says that it doesn't. Here are the elements of MMT:
You read this, and you might think it's something out of a comic book, but it's considered serious economic theory today (though controversial). The first fallacy is that the government would raise taxes to control the hyperinflation. That's ridiculous. Neither Democrats nor Republicans would ever agree to such a tax increase, and decades of history prove that's true. The biggest fallacy of all in MMT is that it causes inflation or hyperinflation. That's not what happens in a generational Crisis era, like today, when almost everyone is in debt. Today the country and the world are in a classic deflationary spiral, and anyone counting on inflation is going to be badly hurt. MMT is the ultimate form of drug addiction. It's like a drug addict who has already lost his home, his family and his job, and who needs to take more and more drugs to feel ok. Taking more and more drugs only postpones and worsens the problems he has to face, but it may be the best choice for the time being because it postpones the problems he has to face. In the meantime, he keeps hope alive. Maybe he'll win a $10 million lottery, so he'll be able to use the money to get off drugs, and get his home and family back. Keep taking drugs, and keep hope alive as long as possible. If something can't go on forever, then it won't. So that's why so many economists and politicians hope for and predict inflation. Just as a drug addict might hope for winning the lottery, economists and politicians hope hyperinflation, which is their version of winning the lottery, since hyperinflation wipes out debt. It's a dream fantasy. When people have tons of money, then they buy lots of things, creating inflation. But people have NO money today. They have the opposite. Instead of tons of money, they have tons of debt, which is the opposite. They have tons of interlocking debt. They do not have the money to spend or the desire to spend, so there won't be hyperinflation. You have a clue what's going on when the federal government is tying its bailouts to requirements to spend. If the government has to force people to spend there won't be inflation. If people won't spend, then there'll be deflation, the opposite of inflation. The way the economy will fail is when somebody's margin call or somebody's bankruptcy triggers a chain reaction of debt payment failure. That's what a deflationary spiral is, as one bankruptcy triggers another one. This is what I used to refer to as the Principle of Maximum Ruin: The maximum number of people are ruined to the maximum extent possible. Inflation is a fantasy. From the point of view of Generational Dynamics theory, hyperinflation can only occur in generational Awakening and Unraveling eras, as in the case of Germany's Weimar Republic or Zimbabwe. In a generational Crisis era, when all the bills come due, it's not inflation but it's a massive deflationary spiral that occurs. If I have enough time left, then at a future date I'll write about the theory of how all this works. I can't get into it now, because this article is long enough as it is. **** **** The three cataclysmic crises **** At the beginning of this article, I referenced Donald Trump's plan for "opening up" the economy, and I referenced the Morgan Stanley plan, as illustrated by the diagram at the beginning of the article. Those two plans differ in details, but from a high level, they're pretty much the same plan. They portray the most optimistic scenario for ending the Covid-19 pandemic crisis in America. However, these plans overlook the consequences of several real possibilities. At the beginning of this article, I listed three major 20th century crises:
In the 20th century, these crises occurred ten years apart. But from the point of view of Generational Dynamics, they are likely to merge in the 21st century.
Generational Dynamics predicts that all of the items in this list of events will occur, though not necessarily in the two year time frame contemplated by the "opening up" scenarios. However, bear in mind that the IMF has predicted the worst global recession since the 1930s Great Depression. So with debt around the world increasing almost exponentially, and with ethnic and racial tensions growing around the world because of Covid-18, the probability that they'll occur in the next year is substantially higher than at any time since the end of World War II. John Xenakis is author of: "World View: War Between China and Japan: Why America Must Be Prepared" (Generational Theory Book Series, Book 2), June 2019, Paperback: 331 pages, with over 200 source references, $13.99 https://www.amazon.com/World-View-Between-Prepared-Generational/dp/1732738637/ John Xenakis is author of: "World View: Iran's Struggle for Supremacy -- Tehran's Obsession to Redraw the Map of the Middle East" (Generational Theory Book Series, Book 1), September 2018, Paperback: 153 pages, over 100 source references, $7.00, https://www.amazon.com/World-View-Supremacy-Obsession-Generational/dp/1732738610/ John Xenakis is author of: "Generational Dynamics Anniversary Edition - Forecasting America's Destiny", (Generational Theory Book Series, Book 3), January 2020, Paperback: 359 pages, $14.99, https://www.amazon.com/Generational-Dynamics-Anniversary-Forecasting-Americas/dp/1732738629/ Sources:
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KEYS: Generational Dynamics, Wuhan Coronavirus, Covid-19, China, Spanish flu, Morgan Stanley, Wuhan Institute Of Virology, Modern Monetary Theory, MMT, Myanmar, Burma, Hong Kong, Taiping Rebellion, Mao Zedong Permanent web link to this article Receive daily World View columns by e-mail Contribute to Generational Dynamics via PayPal John J. Xenakis 100 Memorial Drive Apt 8-13A Cambridge, MA 02142 Phone: 617-864-0010 E-mail: john@GenerationalDynamics.com Web site: http://www.GenerationalDynamics.com Forum: http://www.gdxforum.com/forum Subscribe to World View: http://generationaldynamics.com/subscribe RE: Generational Dynamics World View - John J. Xenakis - 04-18-2020 ** 18-Apr-2020 World View: Coronavirus impact on China's military (04-18-2020, 02:55 PM)Warren Dew Wrote: > Overreaction to Covid-19 on the Theodore Roosevelt left the One thing that we don't know is how the Wuhan Coronavirus has affected China's military. The CCP thugs claim that not a single China soldier has been infected. RE: Generational Dynamics World View - John J. Xenakis - 04-19-2020 ** 19-Apr-2020 World View: South Korea infections John Wrote:> 19-Apr-20 World View -- How three major 20th century crises are Guest Wrote:> This the best analysis you've ever written,John. Thanks for the compliment. South Korea is in the news today, as the country posted only eight new coronavirus cases, the lowest since February 20. A lot of people want to draw lessons from South Korea -- lots of testing, and so forth. The big issue is that South Korea requires that people install an app on their mobile phones that lets the government track their movements. It's highly doubtful that people in America or Australia or many European countries would tolerate such an app. As for where you and your family are safest, that's a problem. People used to ask me that when they just had WW III to worry about. One suggested solution was to hide out in an obscure African village and, if possible, marry someone there, to ride out the war. But now that doesn't seem to be a viable solution because even if you're safe from missiles, Covid-19 could still find you. So I don't know where you would be safe today. ---- Sources: -- South Korea Sees Fewest New Virus Cases Since Start of Surge https://www.bloomberg.com/news/articles/2020-04-19/south-korea-reports-fewest-new-virus-cases-since-start-of-surge (Bloomberg, 19-Apr-2020) -- South Korea relaxes some social distancing rules as new virus cases fall https://www.reuters.com/article/us-health-coronavirus-southkorea/south-koreas-new-coronavirus-cases-fall-to-single-digits-for-first-time-in-two-months-idUSKBN22100J?il=0 (Reuters, 19-Apr-2020) |