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You are here: Home / DC Authors / Global Shifts and Economic Dismay

Global Shifts and Economic Dismay

June 18, 2024 by Jack Jones Leave a Comment

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Global Shifts and Economic DismayThe US petrodollar is starting to decline. Saudi Arabia, much like the Roman god Janus with two faces, is grappling with change and transition. A new economic corridor from India to Russia, involving Iran and Chinese interests, has emerged due to American short-term goals and Corporate America’s pursuit of wealth above all else.

This shift could lead to losing control of institutions like the World Bank, influenced by elites’ mistakes such as economic sanctions, treaty breaches with Iran, NATO’s aggression towards Russia, and Corporate America’s profit-driven deals with China. Ambitious figures like the Walton Family and Jeff Bezos have undone in a few decades what took Americans centuries to build.

The call for unregulated capitalism reflects a barbaric system that prioritizes individual gain over collective well-being. Is this the prosperity Reagan promised, and should we still champion such flawed economic policies?

With the world on the brink of nuclear conflict and widespread global unrest, our fixation remains on the shallow rhetoric of divisive figures. It’s a dismal reflection of our current state, shaped by morally bankrupt leaders and a disillusioned populace disenchanted with a hypocritical status quo that rewards greed over ethics.

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About Jack Jones

Jack Jones writes for Democracy Chronicles from Chicago’s south suburbs where he grew up. He is a union electrician Local 134, certified minister from Berean University, AYSO board member and coach, basketball coach, Cub Scout leader, husband, father and social participant. Jack considers himself a gourmet junk food chef, political writer, musician and likes to contribute to the world around him. A former deacon and chaplain at Cook County Jail in Chicago, he feels that our out-of-control corporate, religious and political environment is to blame for many of the problems in the world today. Jack believes we need to get money out of politics and that the church should take care of people instead of trying to get hypocrites elected to public office.

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