Dated September 1, 2025.
A. Background:-
America has been the economic powerhouse during my lifetime in the western developed world. In 2025 it has self destructed.
How? Socially by failing over a number of years to effectively provide sufficient & reasonable welfare to its poorer citizens.
It has today a poorly constructed health system, a lob sided wealth based education system which has been central to providing a social divide in the country between rich & poor. Today there is no middle class.
And today there are massive social issues around drugs such as heroin & fentanyl in particular & the breakdown of the family unit.
Economically, successive governments over the past 20 years or so have favoured the rich in preference to the poor--- based on the premise that the rich will create business wealth that will be used in part to employ the majority poor class. It has been effective employing persons but wages against capital profits have been less in the “goods & services production cake”.
Politically, money & moneyed individuals have taken control of the political system in the USA. These people are not “neutral politicians” but businesspersons who do not pursue a vision for the Plato “public good”.
The political decision in 1971 to abolish the backing of the US$ with gold and replace it with “debt monetarisation” and a banking practice where banks hold only a fraction of customer deposits in reserve and lend the rest of the money to other borrowers (“a fractional reserve system”). Has significantly increase the money supply.
These two political decisions along with the establishment of the financial derivative market has resulted in an explosion of debt in the USA and the world today. This explosion of death has significantly increased since the Global Financial Crisis (mid 2007 to early 2009) with quantitative easing of the money supply by the US, Europa an UK between 2007 and 2021. And almost every country in the world from 2020-2021 to support its people and economy during the pandemic. It is all of the above which has created the inflation and “cost of living crisis’’.
And historically the earlier decision to create a Federal Reserve as a privately owned central bank with the sole right to issue money and receive interest payments (the US government has no right to issue money but only to issue bonds and pledge these bonds to the Federal Reserve) has created more wealth and power to the wealthiest class.
The end result is division within a society between the rich & poor, free traders & protectionists etc & conflict at a time when the world needs “consensus” of minds( regardless of political systems,
race, colour, religion or culture) in respect to how we as a group of persons living in the world in the 21st century create & rollout AI & as one unified group tackle climate change & work to improve the quality of life of all people and sustain & indeed foster the renewed development &revitalisation of various eco systems which today are near extinction.
B. Current American Policy:-
USA current foreign & economic policy “To make America great again” is flawed as a political objective from the outset.
Today, the primary political objective of world politics should be to create a “one world” in respect to commitments to climate change & the rollout of AI. Total & absolute consensus is required in respect to both these matters regardless of political system, culture, race, colour or religion.
Make America Great Again simply creates the opposite --- division & conflict.
America becomes great again & by doing so simply extends the economic difference between rich & poor countries.
And it does so by taking the money from other countries & its people.
And historically since the second world war America has become the policeman of the world & has spent its citizens money playing “war games” resulting in less money to its citizens for health, public housing, education & social welfare. Many citizens of the world outside America see America as the number one “imperialist “ country in the world. And hence America & its citizens are not well liked by many non American world citizens today.
The “war games” have provided one huge gain for America--- knowledge & development of technology which has allowed the USA to create & develop the computer, internet & technological systems such as algorithms to create a new world--- a “technological world” which is about to be rolled out.
But sadly rather than “sharing” the financial benefits of this new economy America wants all the financial benefits for itself.
C. The Future:-
The future should be a “one world” where there is universal RESPECT for each other regardless of the political system, colour, race, religion or culture of the person.
This is simply the beginning of an “economic war” between the USA & China. It appears to me that there will be initially 3 world trading blocs: -
A USA block with Israel & support from a few other countries trading the US$.
A western trading bloc not allied to the USA but controlled by the EC which will share benefits with member & non member EC countries via the euro or other newly created currency.
A third trading bloc controlled by China & established via BRICS whereby China will share the financial benefits from world trade between its member countries with a new world currency.
If I am right the big loser will be the USA.
The above trading blocs are only “evolutionary”. Eventually, during the 21st century the world countries will come together “as one” in the interests of world peace & world survival of human beings on planet earth & for the “betterment” of all homo sapiens on planet earth--- not just for the privileged few. The USA is likely to be the last country to join a consensus for a one world.