INEQUALITY & HIGH INDEBTEDNESS

INEQUALITY & HIGH INDEBTEDNESS By Hugo Adan April 3, 2022 Based on Ray Dalio book: “The Changing World Order” Inequality & high indebtedness is the maim problem of US and the world since will affect the ECONOMIC OUTPUT at all levels starting with GDP growth, and ‘Reserve Currency Status’ plus ‘Debt burden’ The ‘reserve currency status’ is the how USD operates as global reserve, it measure the share of transactions, debts an Central Bank Reserves in USD. It is also associated with ‘debt burden’ that is: -debt level relative to assert level -the size of internal-external surpluses and deficits -the size to debt service cost relative to GPD -the amount of a debt in a country in own vs foreing currency -the amount of debt held by own citizen vs foreigner by its credit rating SUMMING UP: Rising inequality and high indebtedness is the main US economic prob today However USD is now falling in global markets and this will be worse if GOLD replace fake printing money in US So far, several countries in Europe plus RU will go to GOLD When this is setled bye bye to USD and US Empire Worse if US lose the WW3 that is stupidly pursued IF US win WW3 with week undecided allies like UK-JAP it won’t affect power of Russia and China War genocide and new pandemics (derived from nuke-radiation) will be pardon & forgoten. It wasn’t the fault of any side will say International Courts. This indecent approach will provide pardon & but live alive the chances for new global war The Nations of the world will be TRAP INTO A NEW PRISONER DILEMA: no one will accept fault of WAR crimes and both sides will win & get freedom (perhaps a small figurative punishment will be accepted). Both sides in conflict (RU-CH vs NATO allies) will get temporary PEACE but at the end the real winner will be WAR, it will come back soon or later. This trap is called ‘Prisoner Dilemma’. ====