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This is a brilliant essay Victoria. But I think the NEW WORLD ODOR (not a miss spelling) is already in place. China can't become the new Hegemonic Power until it becomes the global banker, and it does not what those headaches just yet. Rabid fascism (in home grown nationalistic cadres) will cover the planet as climate change and migration conflict grows. As for finance, it will be all wank all the time (phantom wealth creation), as tangible resources are depleted. Note: https://medium.com/@daneke/when-the-wank-became-swank-money-banking-and-the-evolution-of-the-all-debt-economy-22e334f8ee3e. SERFS UP!!!!

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Greg Daneke, Emeritus Prof.
Greg Daneke, Emeritus Prof.

Written by Greg Daneke, Emeritus Prof.

Top Economics Writer, Gov. service, corp consulting, & faculty posts (e.g., Mich., Stanford, British Columbia). Piles of scholarly pubs & occasional diatribes.

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