Hello Slagle, Your plan / wish seems to be a construct of faulty suppositions built on shifting sand resting on top of a shimmering mirage that says, ...
<<With only maybe a single lifetimes of oil left do you really think that air travel and ocean freight as we know them will continue on through the ages propelled by ethanol and bio-diesel?>>
No. But there will be other ways, better ways, else we got nothing to worry about any more in all cases. What is your bet? since 20 years is a relatively short time, and qualify for LTBH figuring.
The end to globalism is precisely what would not produce a solution.
<<Without the US Navy protecting the sea lanes what do you think will happen to global trade?>>
If you are talking politics, oh, about nothing, next to irrelevant, for there are a few countries readying to do a better job, all without engaging in the convolution of what some might regard as economic colonialism of the old, and resisted by the locals.
See, free trade is supposed to be free, of the will, not free, as you you must open your borders or I will scream and shout, and then call up a gun boat.
If you are piracy and such, oh, about nothing, they would be strung up when caught.
<<the American voters are the only people in the world capable of ending globalism>>
Globalism, in my book, had existed long before the Americans came into being, only a matter of degrees and minutes.
Perhaps you are talking about trade with America and the world ex-America? The lobsided trade. The trade that is 'unfair'. The trade that occurs on unleveled ground.
That trade is what is known as competition and cooperation, generating aggregate wealth, but making the poor outof some, especially those who can not compete, whatever the field, level or not.
My attitude to what you call globalism is that it is likely not stoppable, because at the end of every day, it is a way of natural solutions, and those who try to stop it will fall further behind, like them folks in the desert.
I would also prefer to not compete, and just garden and fish and tend to my hoard. Sure. But then I would fall behind, which I do not mind, but I would not be giving the kids a chance to choose as I could.
Your recommended solution had been tried before, many times, and at no time did it work as advertised. Oddly enough, many trying times were precisely post-bubble moments, which were created by the trying of other formulations of the monetary kind.
Chugs, J |