Macroeconomic theory has its tentacles intertwined throughout a plethora of related areas, many of which we evaluate to determine whether the “markets” are biased in either the upward or downward direction. We seek consistency and overlap in all of what we study. Seldom in my years of analysis has there been more multidirectional inputs in the geopolitical subset; this world doesn’t know if it’s coming or going.
Mind you, I am a politically oriented individual, primarily Libertarian in definition as required. More so, if you keep government out of my life, especially within structural dynamics of my bedroom and wasting the hard earned money we’re required to send them, I’m happy. But the world I grew up in casts little to no resemblance to what I listen to and observe as I traverse my microcosm that by choice shrinks daily. I do not like what’s out there and every time I turn around I like it less and less.
Taking a snippet from one of my favorite articles, “Really”, not a day goes past where a sentence or two couldn’t be seamlessly added. What’s wrong with this world, really? Is it possible that France, the country we twice saved from despair and destruction, has the gaul to say yes to China and no to the United States, really? Do those individuals who have been in Congress, far longer than they should have, actually have difficulty defining the difference between what a man and woman is, really?
Never mind the intentional weakening of our military, complete disregard for borders or a proliferation of a “two-tiered” third world politically entrenched justice system. No, that’s not our real problem. Our real problem is that we’re letting it happen. It’s not the Democrats or the Republicans . . . it’s both. It’s not whether rigged elections created a one-sided administration filled with associated individuals, criminals in reality, that simply don’t have to answer to anyone. There is something wrong with the world today and if it’s allowed to continue, we better be prepared to start using a different colored currency.
I remember when my parents spoke of the “good old days”. They were children of the Depression; kind of a hard pill to swallow given how bad things were. I’m about to attend my 50th high school reunion. Now those were the good old days, strong family values, seldom anything but laughter and certainly an understanding of what were the differences between what a man and a woman were although I must admit, for a few parts in the school plays I looked damn good in a dress.
So if you wonder whether we’re on the right or wrong path take a look at yourself. It is not as much a question as to whether you are better off today than you were in the past. It is more a question of whether or not the direction this “mixed up” world is heading is really what you want . . . and if not, what can you do to change it.
Hope you enjoyed this post. I’m just a young 68 years old; my Dad became a broker when I was 13. It’s time for me to ‘give back’ to all of you what’s in my head. It’s not always pretty but it’s based on history . . . and history, unchecked, repeats itself.
Everyone learns at their own pace. If you pick everything up the first time through, great but if not email me at dzimmer@substack.com so we can further help.
Most of you are too young to remember the Temptations . . . hope you enjoy.