Important Economic And Geopolitical Questions And Their Answers!
Politics / US Economy May 19, 2024 - 04:09 PM GMTDetermining America’s economic trends and world leadership position is no longer difficult; all we need to do is to answer some simple but foundational questions – and the answer becomes startingly clear. Join in, and see if your own answer to these questions, if markedly different from the ones cited here, leads to a similar or a credible conclusion, giving you clarity on this important American citizen and investor issue.
Question One: Will large government budget deficits continue, and grow?
Answer One: Will politicians in government ever choose fiscal responsibility?
Question Two: Will inflation, reducing the purchasing value of currency, continue?
Answer Two: Will government’s profligate spending ever be reduced?
Question Three: Will government debt grow to subsume and implode the dollar?
Answer Three: Will our central bank continue to accommodate persistent
government deficit spending?
Question Four: Will interest on national debt, with other deficit spending soon force a
reduction in Social Security payments for all citizens?
Answer Four: Will the Social Security Fund deplete soon even without government
spending diversion to wars or questionable global problems?
Question Five: Will increased default rates on consumer credit cards, auto debt,
retail and commercial mortgage defaults finally confirm a weak
economy?
Answer Five: Will American households, made poorer from price inflation and
higher interest rates ever be able to spur the economy?
Question Six: Will unrealized losses on government bonds held by banks cause
more bank-run failures precipitating a long, deep recession?
Answer Six: Will the Federal Reserve Bank invent new accounting not to be
bankrupt itself from its own huge holding of treasury debt?
Question Seven: Will the price of gold and silver continue to rise?
Answer Seven: Will the United States continue to print more fiat currency?
Question Eight: Will our global reserve currency, the USD, continue to be
increasingly rejected by other nations, and decline in value?
Answer Eight: Will the United States continue to intervene in other sovereign
country economic or political issues?
Question Nine: Will the United States continue its decline as the global leader?
Answer Nine: Will our moral and cultural decline continue, precipitating and funding
direct or proxy foreign wars important only to maintaining our
global hegemony, but not important to our real national security?
Question Ten: Will we soon experience a multi-year economic depression, which due
to loss of trust in governments will cause the global dollar reserve
currency to lose its status, resulting in the dethroning of our long-held
unipolar global leadership position, yielding it to a BRICS plus and
other nation multipolar world leadership structure, destroying debt-
based currency bringing with it a new technology-driven internet-3
blockchain and asset-backed currency and financial system?
Answer Ten: What conclusion is implied from all the previous answers?
The previous questions and answers adequately resolve the state and direction of our economy, currency, and the direction of our global status as a leading country. It is interesting that these questions may be more readily and correctly answered by a psychologist rather than the most highly educated and genial economist. After all, most of policy choices and spending are made by politicians rather than economists.
Raymond Matison
Mr. Matison was an Institutional Investor magazine top ten financial analyst of the insurance industry, founded Kidder Peabody’s investment banking activities in the insurance industry, and was a Director, Investment Banking in Merrill Lynch Capital Markets. He can be e-mailed at rmatison@msn.com
Copyright © 2024 Raymond Matison - All Rights Reserved
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