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Saturday, August 03, 2019

An Intelligent Conversation On Trade

I am not a big fan of Donald Trump. The guy is asinine. But you do deal with the office.

There is a need for an intelligent conversation on trade. Donald Trump is a hammer looking for a nail. He is arguing against sound economic theory. At some level, his moves can be seen as a fascist's fantasy for a Great Depression. Come, Depression, come!

He has beef with China, but he also has beef with India. He has beef with India, but he also has beef with Germany.

The WTO has prevented many wars. Countries that trade seldom go to war. Instead of saying China lifted hundreds of millions of people out of poverty, Donald Trump says China stole hundreds of billions of dollars. Minus China, the US was looking at a Great Depression in 2008. It is good to have some large economies in the world.

Trade talk has to be forward-looking. The pre-WTO world had much strife.

Giving every human being on earth a biometric ID that rests on the Blockchain, and giving everybody access to credit and financial services, in general, is what would be forward-looking. The next generation of trade talks will be about allowing human beings to move from anywhere to anywhere else on earth. That would immediately add trillions of dollars to the global GDP.

Intellectual property laws written in the US Congress can not be imposed upon the world. That truth is no clearer than with medicine. What we need is a world government, a global parliament.


Friday, August 02, 2019

The US Health Care Mess

And when I say mess, don't get me wrong, I am not saying there is an ebola epidemic in the US. I mean that in an organizational chart sense. When it comes to health care in the US as a whole, I think it is a scenario of the left hand does not know what the right hand is doing.

Describe to me how the system works right now. You can't. It is not like the curry on the plate was made with this one recipe, and now you are going to use a different recipe tomorrow.

You can't just throw more money at the problem. You can't just 100% privatize. You can't just 100% nationalize.

It is the biggest chunk of the economy. If you think about it, social security and medicare are such big parts of the US economy, as is defense, and you have health care, and is America not already a socialist country? The government in the US is bigger than it is acknowledged.

Good luck figuring it out.