Think of the world economy as a sedan chair in which the America's government and consumers are carried by the world's producers.
A quick note on a 'golden jubilee'. August 15th 1971 was day the US government refused to pay its debts, fixed the world monetary system in its favour, and blew the US dollar Superbubble we inhabit today.
This post is not about football. It’s about the recent ‘peasant revolt’ – yet another anti-elite uprising that reflects the extremely shaky state of the global currency system.
A quick look at some recent events can help us predict the future of the global currency system.
This was a Twitter thread [https://twitter.com/TheSuperbubble/status/1099448820784599041]. It offers great wisdom and some things to think about as we warm up for the next global debt crisis. After reading you will see that the English-speaking, and Eurasian nations are on very different economic paths. And that