It is one year since I started this blog, with no real idea or plan on what I was going to do, or how I was going to do it. Naturally my own thoughts and processes began to materialize within the body of writing, and with each new reader and commenter the blog began to take on a life of its own.
No analysis of the current macroeconomic and geopolitical situation in the world can be thoroughly complete without considering the role of Global Public Goods, or GPG. In contrast, private goods are considered to be produce, bread, televisions, etc.., items that are purchased individually for the enjoyment and consumption of the individual solely.
The international monetary system is inherently unstable, and the process to shift from a unipolar to a multi-polar system is well underway. The transition itself will take considerable time to fully implement and we are now somewhere between the first and second stages, with a third stage scheduled to be completed in the coming years.
Global markets are showing increasing signs of instability and there are serious concerns about risks to international liquidity building across the spectrum. Exchange rate volatility is deepening with the Russian ruble leading the way and the systemic contagion is spreading around the world, from European and Western banks to stock market crashes in the Middle East.
The amnesty issue and immigration reform are symptomatic of the larger implosion of American culture and the transition away from micro empire to macro empire. In order to fully understand the scale and scope of what is transpiring on the socioeconomic and geopolitical spheres one must gain a deeper understanding of how the current situation and dynamics have been engineered and orchestrated.
It was widely expressed by the mainstream media of the time that the collapse of the Soviet Union and the fall of the Berlin Wall could not have been predicted. In hindsight, the stagnation and drop in oil prices should have been the obvious signs that a dramatic change was coming. And when the USSR began to borrow from western banks, the fix was in.