Important Economic And Geopolitical Questions And Their Answers!
Politics / US Economy May 19, 2024 - 04:09 PM GMTBy: Raymond_Matison
Determining 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
Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.
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