Several observations:
• No mention of the 1970s oil depression & weaponizing energy sources (oil, gas, electricity, raw materials...), which arguably started this whole mess.
The scheme of energy rich countries playing demi-gods, by taunting how much can be exported & processed, is why de-industrialization and offshoring happened everywhere.
When 9/11 happened, we know who the culprits were, yet out of fear of endangering the global energy networking supply (and why Western Europe didn't agreed to it), an half-assed measure was done so that it wouldn't appear that the United States “won” the Cold War by slim chances.
What was achieved, really? That now we have “the technology” to listen to everybody, target everybody, and put everything on a permanent recording & archiving surveillance model. We don't have the technology, the panaceas, to snap fingers and resources appears out of thin air. That's within the realm of utopian science fiction, so no magic overlord, ladies and gentlemen.
The prison system, where the economic
losers “outlaws” end up, is just the way it is designed because America maintained slavery only for prison inmates (
13th – “Neither slavery nor involuntary servitude, except as a punishment for crime whereof the party shall have been duly convicted, shall exist within the United States, or any place subject to their jurisdiction.”) was shorted by Germany & Ruzzia from inventing & implementing concentration camps; yet even this didn't stopped the offshorization of manufacture.
There's another reason to this...
• At the end (25:36), Robert Reich said: “Gross inequality is the enemy of democracy”. Yet, Peter Lynch, Warren Buffett, Charlie Munger, and all of their moats approach, supported the opposite for which, because of them, the world is in this mess.
Alright... How does the Reichian maxim, of “
Gross inequality is the enemy of democracy”, stands toe-to-toe with the Lynchian-Buffettian maxim, of “
Competition may prove hazardous to human wealth”; which effectively drove the policy (
and ulterior rationalization) of offshorization and proliferation of corporations, and unions getting smaller, less powerful?!
• Inertial inflation
Robert Reich managed to talk a whole lot about people in this video, especially other people from other countries (
“s**tholes”, to paraphrase the POTUS-elect), while also reading the script about pollution and alternative energy sources.
OK, let's touch the biggest nerve there is.
Both the United States and Ruzzia (
then Soviet Union) refused to exchange the nuclear myriad in the 1962 standoff.
The global population around the 1800s was 1 billion. This is the general consensus.
In late 1920s, it reached 2 billion.
In the 1960s, it reached 3 billion (
at the same time during the “Green Revolution”).
In the 1970s, 4 billion (
this is where the oil depression happened, Nixon Shock incurred, and the Bretton-Woods system collapsed for good).
In the late 1980s, 5 billion.
In the late 1990s, 6 billion.
In 2010s, 7 billion (right 'round the Economic Crisis).
Recently, in 2022 we've reached 8 billion.
By 2050s, it is projected that we'll reach +10 billion people.
Tell me, ladies and gentlemen, Robert Reich, and all the super smart baby-boomers that went through the '60s – Is it possible that the reason, only reason, the core inert inflation will never go down (
foodstuffs prices, real-estate, energy...) is because we're too many on such a small limited planet?
That everybody is trying to bullshoot the global general public (“We're a democracy, others are just accidentally authoritarian; nevermind the prison system, unfair laws, prices etc.”)?
That because too many sociopaths & narcissists in uniforms & suits, too addicted to their petty power corners, too addicted to their vices, and addicted to their spouses'/concubines' lady or manly bits (nevermind the FYGM in regards to one's own offsprings) - we can't apply a nuclear war to cull off the excess, is the sole reason we have to put up with ever-growing inflation, rents, real-estate prices, taxes, commission fees etc?
Is it the reason my life's crap, not because of arbitrary filters (
portfolio, experience, education...), but because your generation, and the generation before, we're too scared to pull the trigger together with the Ruzzians? Is that it?
Just say it.
Just admit it.
Do not omit it.
- - - -
We've definitely not discovered infinite energy sources in oil, gas, and electricity, otherwise the whole charade could be avoided.
So, what - the whole G7/G20/UN/UNSC, INGOs, everyone is pussyfooting around the trigger. How many would choose the atomic trigger over the insatiable need for petty power?
Is this the grand “conspiracy”? Make everybody's lives worse to unbearable, just so there'd be the excuses to cull them off, hoping the population number will stop growing?
It doesn't work, ya scaredy cats, we're still at that moment in 1962!
I've just read, a couple of weeks ago that New Zealand is worrying that inflation will affect it so much that it'll take it into a recession. Why do I mention New Zealand – because that's where the [highlight2%-3% annual inflation target econometric mechanism] was initially conceptualized & implemented. Afterwards, everybody else copied it like a sacrosanct ruleset.
Gee, if even their [New Zealand's] 2% annual inflation target is threatening the kiwis, then I guess it was one giant ball of baloney, huh...
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