It sure hasn't worked, especially not in the last 10 years. It's becoming more absurd every year. As I've said frequently, the Fed is at the heart of the problem with all the additional problems you list with corporate cronyism. None of my solutions will be implemented, it is true. I think it far more likely that the Fed will continue to prop up the stock market and destroy our currency. I also think it highly probable you will get Socialism in fully dosage if not beginning in 2021, then surely by 2025. So you don't have long to wait.
Either way, that's not going to solve the problem. It will make it worse, because every Socialist regime usually ends up just enriching the already rich, even more, while passing around crumbs for the 99%. In the mean time, the Fed will continue down its destructive path until our economy is hollowed out and it collapses from the monetary damage they will have done.
I don't see a real way out for the US. We probably will survive as a country, but we won't be strong enough to fight China economically, nor militarily. That, my friend, is the thing I worry the most about. China is far more evil than Hitler's Nazi Germany. China is the future of this world, if the West decides to commit cultural and economic suicide, which now seems more likely than ever. |
