...no longer suitable for growth. The executive that revolves around a single populist leader is obsolete. The president/prime minister/emir/kingship positions serve their own grandiosity, at the expense of the equitable welfare of the world community.
Global finance can no longer subsidise such drastic inefficiencies at the risk of itself: A recoil is long overdue!
We should let the markets crumble and the fake housing prices meltdown until they hand down all economic planning and the military to the central banks of the respective countries. Other departments/ministries would report to the corresponding committees in parliament. In such a way we delete the need for the head of the executive.
Re: Media&Academia should start declaring that the state structure as is...
The market has crumbled but not yet sufficiently enough to catalyze the indispensable revolutionary change where the redundant but all powerful position of the one-man headship of the executive is totally re-engineered, to the point that the military and all economic activities report to the fed/central bank and all other departments fold under the respective committees of congress/parliament.
So too, UN will be represented by the member state central banks, where exit from the worldwide stagflation cenario can be planned. This condition is the paralisis state of the rest of world less the US and China saved by the exporting mechanism of inflation and deflation respectively.
Dow @ 25,000 will wipe out all the gains the economically insignificant billionaire class envisions itself gaining from a Trump tax cut. A 30% drop in the value of the dollar combined by the trade-war will,add commensurate 33-50% price hike in all goods at wal-mart and target. After 3 to 6 month of this condition is when the country/world will be susceptible enough to the revolutionary restructuring to every nation/state that is absolutely necessary to re-start the collapsed world economy.
So too, UN will be represented by the member state central banks, where exit from the worldwide stagflation cenario can be planned. This condition is the paralisis state of the rest of world less the US and China saved by the exporting mechanism of inflation and deflation respectively.
Dow @ 25,000 will wipe out all the gains the economically insignificant billionaire class envisions itself gaining from a Trump tax cut. A 30% drop in the value of the dollar combined by the trade-war will,add commensurate 33-50% price hike in all goods at wal-mart and target. After 3 to 6 month of this condition is when the country/world will be susceptible enough to the revolutionary restructuring to every nation/state that is absolutely necessary to re-start the collapsed world economy.
Re: Media&Academia should start declaring that the state structure as is...
Accademia, the media and the legal profession that have first hand experienced the immense power of the one man executive need to start addressing a structural re-design that tapers this power.
Re: Media&Academia should start declaring that the state structure as is...
Trump is dismissing the chair of the Federal Reserve's independence by stating that he has power over the chairman's tenure. He is pushing for an inflationary rate cut which he intends to further push to the rest of the World. The chairman fearing skyrocketing inflation rates and that the retreat against the dollar driven by sovereigns is resisting the actions. Alas, considering the scale of the retreat, it is hard to rule out heavy involvement of central banks.
Meanwhile, Harvard and LSE insist on sucking up to Trump while he is going at the jugular. Not even a white paper that decouples the head of the executive.from all economic activity and the formation structure of a gathering of the central banks whereby substituting the toothless IMF. If the need was in creating a fourth gender, Harvard and LSE would have been at the forefront.
Meanwhile, Harvard and LSE insist on sucking up to Trump while he is going at the jugular. Not even a white paper that decouples the head of the executive.from all economic activity and the formation structure of a gathering of the central banks whereby substituting the toothless IMF. If the need was in creating a fourth gender, Harvard and LSE would have been at the forefront.
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Re: Media&Academia should start declaring that the state structure as is...
You seem to know more about the current affairs. Are you saying banks are going to have more power, in terms of ruling? There might be wwlll too, hope not. Over all how does lay man like me be affected in terms of jobs, small buisness, own savings ?