for - climate crisis - impact of Trump tariff strategy - increasing economic and carbon inequality and precarity for the masses - from - Youtube - Trump wants to crash to benefit the ultra wealthy - Trump's planning to crash the global economy - Richard J Murphy - 2024, Dec

// - SUMMARY - Richard J Murphy provides us with a big picture of Trump's objective in his calculated Tariff strategy - It's not that it makes no sense and is a strategy of a madman - On the contrary, he has a very calculated and maniacal strategy that will result in significantly increasing the wealth of the elites - By creating high tariffs, he will bring about a global economic crash - Like the 2008 and 2020 crash, central banks will print trillions of dollars of money and handout bailouts - It is the elites who will receive these bailouts and inflate the value of their assets - This will - substantially increase the wealth of the rich - substantially increase the precarity of the vast majority of people - increase global inequality - financial inequality and - carbon inequality - This increased precarity is bad news for the climate crisis as a precarious population have less flexibility in reducing their carbon footprint and are more dependent than ever on whatever remain job and resources they still have - Given we have this knowledge of the elite's hidden strategy, can we the people intervene in any way? - We need to have an understanding of how elites see the world - The entire worldview of externalizing investment as a game of accumulation must be understood deeply - in order to find leverage points for rapid system change

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for - quote - economic crashes are profitable for the elites - Trump plans to crash the global economy so that subsequent Quantitative Easing bailouts will inflate value of assets of the rich - from - Youtube - Trump wants to crash to benefit the ultra wealthy - Trump's planning to crash the global economy - Richard J Murphy - 2024, Dec

quote - economic crashes are good for the elites - Trump plans to crash the global economy so that subsequent Quantitative Easing bailouts will inflate value of assets of the rich - Trump expect if he creates another world financial crisis - he believes there will be a bailout and - he believes that he and his cohort the world's wealthy will benefit from there being vastly more money in circulation with very little to use it on except the inflation in the value of the assets that they own - That is what he's banking on - This is literally I think his Economic Policy - This is what he expects as a consequence of his trade Wars - He doesn't care that we suffer - He won't care about the countries in the developing world - the vast majority of countries in the world in fact who have their debts denominated in dollars who will suffer enormously as a result of their struggle to find the means to repay those debts - As for the time being, the dollar is inflated in value and interest rates are too high he won't care that people are thrown out of work - All he cares about is the inflation in asset values and that is what the whole of the world economy is now geared to create - for the benefit of a few - at cost to the vast majority - Trump's Economic Policy makes sense if you see it in this way - He runs a bailout economic strategy that is going to work for him and his friends because - it will result when the world economy crashes and yet more money being made available through the central banking system to inflate the value of the assets that they own - And they'll say thank you very much we did very nicely out of that when can we have another crash?

for - key insight - carbon inequality - the rich individuals of any country - are the ones most responsible for determining the carbon emissions of a country - adjacency - carbon inequality - wealthy - carbon emissions of individuals - carbon emissions of a country

adjacency - between - carbon inequality - wealth inequality - the richest individuals of a country - the carbon emissions of a country - adjacency relationship - It's startling to draw the connection that - it is the wealthiest individuals in a country - that are most responsible for the bulk of a country's emissions!

• Documentary on wealth in Germany
  • It is good to analyze the attitudes of the elites to understand their motivations and worldviews

Just as the wealthiest 1 percent of Americans gobble up a disproportionate share of the nation’s economic resources and rejigger our institutions to funnel them benefits and power, so too do our educational 1 percent suck up a disproportionate share of academic

opportunities, and threaten to reconfigure academic culture so that it both mimics and serves their values

Old business advice: find the rich and charge them a pretty penny for something they either think they need or fear they can't live without.

Holder, Josh. ‘Tracking Coronavirus Vaccinations Around the World’. The New York Times, 29 January 2021, sec. World. https://www.nytimes.com/interactive/2021/world/covid-vaccinations-tracker.html.

Hence, High Net Worth Individual Divestment (HNWID) is definitely an important future strategy.

this suggests that perhaps the failure of the COP meetings may be partially due to focusing at the wrong level and demographics. the top 1 and 10 % live in every country. A focus on the wealthy class is not a focus area of COP negotiations perse. Interventions targeting this demographic may be better suited at the scale of individuals or civil society.

Many studies show there are no extra gains in happiness beyond a certain point of material wealth, and point to the harmful impacts of wealth accumulation, known as affluenza, and show many health effects: https://www.ncbi.nlm.nih.gov/pmc/articles/PMC1950124/, https://theswaddle.com/how-money-affects-rich-people/, https://www.marketwatch.com/story/the-dark-reasons-so-many-rich-people-are-miserable-human-beings-2018-02-22, https://www.nbcnews.com/better/pop-culture/why-wealthy-people-may-be-less-successful-love-ncna837306, https://www.apa.org/research/action/speaking-of-psychology/affluence,

A Human Inner Transformation approach based on an open source praxis called Deep Humanity is one example of helping to transform affluenza and leveraging it accelerate transition.

Kozlov, M. (2021). COVID vaccines have higher approval in less-affluent countries. Nature. https://doi.org/10.1038/d41586-021-01987-9

‘What Happens When the 1% Go Remote’. Bloomberg.Com, 16 December 2020. https://www.bloomberg.com/news/articles/2020-12-16/what-happens-when-the-1-move-to-miami-and-austin.

Taber, S. (2019, September 18). The Problem With Sugar-Daddy Science. The Atlantic. https://www.theatlantic.com/ideas/archive/2019/09/problem-sugar-daddy-science/598231/

I dont believe some of this, blacks never had a voice during . That time if they were to speak up during that time they would often get punished. Blacks had no say in there freedom, slavery wasn't abolished to help slaves, Abraham Lincoln didn't do it out of the kindness out of his heart.