C’mon people. Yes, systemic oppression of black Americans has white ‘Murica on top by 20% income wise and left black schools underfunded and prisons full of African Americans. Congratulations white America! If the US and World economies were zero sum games, you could be happy whacking off to the fact that you’d collected more resources in that game. Whoop-dee-doo. Instead though, in respect to Black American’s, we’ve gone and made sure that 12% of our team never got the training and equipment they needed to actually make the US a great player in the world economy? What team prepares this way and ever comes out on top? Do you think the rest of the world isn’t going to notice?Systemic income inequality has made white Americans 20 times richer than Black Americans. Black communities face stark inequalities in both healthcare and education. Implicit bias and racial disparities cause Black Americans to receive lower-quality healthcare than white Americans. In schools in minority and Black communities that are chronically underfunded, Black students are suspended and expelled from school at a rate three times higher than white students and school policing makes Black students more vulnerable to the criminal justice system and higher dropout rates.
You know the US has lost the moral high ground when the UN agrees to investigate US human rights violations at the request of Burkina Faso. I mean, go do a Google Image search. Just "Burkina Faso." No context. If I had to spitball? I would say that a number of players are lining up to threaten the US with economic sanctions. Which would play directly into the hands of China.
Difficult to accomplish while the dollar is still the reserve currency and almost everything runs through US banks in some capacity. The irony would be incredible though of the fuckup-in-chief dismantling everything we've built since '45 and then getting hit with tools our structure was made to defend against.
I think it depends a lot on the definition of "accomplish." Let's say that a black man is shot while handcuffed in South Carolina.. Perhaps England, France, Germany and Spain lodge a protest against civil rights violations within the United States but emphasize the known racial problems within industry and propose, as a solution, sanctions against exports tied to that particular local economy. Does anything need to actually be passed by the UN? Is more than a press release necessary to impact a prominent member of the S&P and the largest single exporter in the United States? More than that, what impact does inaction by Boeing in the face of that allegation do to the stock market, the local economy, and US strategic dominance? If I were Airbus I'd make this play the minute I think I can get away with it. Doesn't even matter if it works.
I think Airbus would do that in a heartbeat if they controlled the governments of the UK and France. I think that France and the UK are always spooked by the prospect of retaliation (even when we don't have a mercurial moron who loves trade wars in charge), however, so I tend to doubt that they would do that even in an extreme circumstance like this one. I also believe that Trump would try to block all European trade in US banks if he thought they "deserved" it and it would make him look tough. He doesn't care for a single second about fallout.
My crystal ball be cloudy, dawg. I respect expertise. I have assembled a large and diverse set of people whose opinions I trust and whose insights I value. And over the past year or so I have seen the overwhelming majority of their voices either (a) change the subject (b) spout off-topic nonsense or (c) drive hard into partisan willfulness. On the one hand, it's been useful because I've been able to prune a lot of my reading. if I follow you for business insights and you veer into the efficacy of facemasks? GREAT. You have just demonstrated that you have no fucking clue what the economy is doing which means I never should have paid attention to you in the first place. On the other hand, it's been dreadful because you recognize just how much of human behavior is starlings murmurating. "We're going left" is a lot less useful than "we're going to go right" and the number of people capable of predicting the swerve is a whole lot lower than I anticipated. I think the worldview of the intelligentsia would have been a lot more impacted by Enron and Worldcom eating shit if the Twin Towers hadn't come down shortly thereafter. Oddly enough, the financial guys are still fixated on Bear Stearns while the rest of the world still can't quite grasp why Occupy Wall Street didn't accomplish anything. None of it matters until it matters.