09-20-2020, 11:33 AM
** 19-Sep-2020 World View: Following the old path
This is a summary of some of the generational factors in going from
WW II to WW III.
JJ333 Wrote:> We stepped onto an old path that still leads to the same place.
> 1920s/2000s – neoclassical economics, high inequality, high banker
> pay, low regulation, low taxes for the wealthy, robber barons
> (CEOs), reckless bankers, globalisation phase
> 1929/2008 – Wall Street crash
> 1930s/2010s – Global recession, currency wars, trade wars,
> austerity, rising nationalism and extremism
> 1940s – World war.
> We forgot we had been down that path before.
> It does get worse, look where we are going.
This is a summary of some of the generational factors in going from
WW II to WW III.