The UAE is considering moving away from the US dollar to the Chinese yuan amid rising regional tensions and economic instability, challenging traditional alliances.
Pulling that rug is going to have a lot of consequences in a lot of places all over the world - not just the US - and will ultimately yield a lot of chaos.
That chaos has been long overdue, honestly.
We could have made a gradual transition to a more sustainable paradigm, had we begun investing societal resources in it years ago when people were calling for it. That didn’t happen, the oligarchs doubled-down on the old paradigm, and smothered anything trying to build the new paradigm so it couldn’t compete. They’ll deserve every bit of economic pain this brings them.
For all the working class people who depend on their 401ks, or who will get laid off during a recession, yeah it’s gonna suck. It’ll hurt. But these are the birth pains of a new era. Let’s try to make sure this new era turns out to be an altruist instead of a sociopath like the last one?
Again, we could have made a smoother transition to the inevitable. However, society collectively decided to put its head in the sand and pretend it could bring back some glorified past that never was.
Sooo… as someone who was trying to spread the word several years ago, and was shunned and ridiculed for it, the schadenfreude is going to be freaking real. I’ll be starving in a ditch with everyone else and still saying “I told you so.”
That chaos has been long overdue, honestly.
We could have made a gradual transition to a more sustainable paradigm, had we begun investing societal resources in it years ago when people were calling for it. That didn’t happen, the oligarchs doubled-down on the old paradigm, and smothered anything trying to build the new paradigm so it couldn’t compete. They’ll deserve every bit of economic pain this brings them.
For all the working class people who depend on their 401ks, or who will get laid off during a recession, yeah it’s gonna suck. It’ll hurt. But these are the birth pains of a new era. Let’s try to make sure this new era turns out to be an altruist instead of a sociopath like the last one?
Again, we could have made a smoother transition to the inevitable. However, society collectively decided to put its head in the sand and pretend it could bring back some glorified past that never was.
Sooo… as someone who was trying to spread the word several years ago, and was shunned and ridiculed for it, the schadenfreude is going to be freaking real. I’ll be starving in a ditch with everyone else and still saying “I told you so.”