Of Two Minds

Now that globalization and financialization are finally unraveling, people are slowly awakening to the national security foundations of localizing production. What exactly is “the news” other than an inducement to passivity, despair and derangement?

Watch where capital is flowing. That’s pretty much all you need to know to predict the future. The word “China” evokes strong emotions, so let’s set it aside in favor of a simple syllogism:

A strong currency exports inflation to those nations which do not issue the currency. Though it’s difficult to be confident of anything in the current flux, I am pretty confident of three things: 1) price is set on the margins 2) currencies are the foundation of every economy 3) the financial forecasts issued to calm the public do not reflect operative geopolitical goals. Every national government has “global interests.”

Own your work. Don’t give it away or let others profit at your expense. Leverage it when opportunities arise. What can The Beatles teach us about management?

The problem for global corporations feasting on “Inflation” profiteering is that the vast majority of consumers can’t afford another lavish vacation, overpriced vehicle or specious subscription.

Systemic corruption on this vast scale optimizes failure and collapse. Debating which nations will “win” as the global economy unravels is a popular but pointless parlor game. Since the status quo in every nation is deeply, profoundly, systemically corrupt, there won’t be any “winners,” there will only be losers.