Why Are World Leaders So Incompetent?
The stupefactions and perverse incentives that arise from unlimited debt financing.
The great economist and philosopher, Thomas Sowell, has often pointed out that there are no final solutions to the problems that beset individual humans and civilizations, but only tradeoffs. In order to obtain something of value, it is invariably necessary to sacrifice something else.
We know this to be true from the experience of our daily lives. If you want to get a good night’s sleep, you must sacrifice late-night socializing. If you want to be physically fit, you must sacrifice eating rich foods. If you want to save money, you must sacrifice spending on luxuries. If you want to wake up with a clear head, you must sacrifice drinking your favorite bottle of Burgundy.
There was a time not so terribly long when the ladies and gentlemen who sought high office understood that the same basic principles of private household economy apply to the state. The government cannot write checks for every grand scheme in every matter domestic and foreign. The imperative to spend money wisely disciplines not only one’s habits, but also one’s mind.
The opposite is true when no limit is placed on spending. Like a 21-year-old trust funder with a vast bank account and a cocaine habit, a government with no spending limits invariably becomes undisciplined and stupid and loses sight of reality. As bad as this is, it’s just the beginning of the problem. Soon unscrupulous lobbyists and their dumb and venal politician friends realize that with no brakes on the printing press, it actually PAYS to mismanage things. At this point, PERVERSE INCENTIVES start popping up like mushrooms after a heavy rainstorm.
1). Why MANAGE foreign affairs when one can bluster and blunder around and start wars that are extremely profitable for the defense industry?
2). Why MANAGE financial affairs when a FINANCIAL CRISIS will trigger spectacular government bailouts?
3). Why TREAT a respiratory viral illness with cheap, repurposed FDA-approved drugs when the government is poised to spend hundreds of billions on a novel vaccine with no product liability for the manufacturers?
Indeed, why do ANYTHING properly when the state is ALWAYS ready to write vast checks to clean up gigantic messes that ensue from doing everything foolishly?
It seems to me that my point is illustrated by the following chart.
Since all fiscal discipline went by the board during the Financial Crisis of 2008, the United States has been struck by wave after wave of mind-bogglingly stupid social experiments, needless conflicts, destructive ideologies, terrible habits, childish tantrums, and a departure of common sense from public affairs.
Historically, such petulant folly has eventually been corrected by a combination of economic depression and war that kills a bunch of people and sobers the rest. I hope it doesn’t come to that, but when I look at the demented clowns running this country, I fear that terrible things are in store for us.
You cannot be serious at this late date. With all you've witnessed you're STILL attributing to incompetence what - you should know by now - can only be attributed to malice. This is a contrived demolition, order from chaos:
● The divide and conquer strategies of the east vs west, the vaxxed vs unvaxxed, the masked vs the unmasked, the left vs right, the boy vs girl, the gay vs straight
● The weaponization of the corporate owned and controlled mass media against the world's population
● The current and impending massive volume of world-wide vaccine damage and death
● The relentless push for poison vax mandates in order to force inject them into every man, woman, and child on the planet
● The rush to the requirement of mandatory vaccine passports which will quickly evolve into panopticon slave bracelets
US DHS reveals that Venezuela is emptying their prisons and sending their convicts across the us border: https://tritorch.com/degradation/!!!DHSVenezuelaIsEmptyingPrisonsAndSendingDangrousConvictsToTheUSBorder.png [image]
● The influx of "migrants" being flown in to cities all around the by the FBI in tandem with George Soros's destroying of the rule of law by refusing to prosecute crimes with his bought and paid for DAs
● The coming hyperinflation as our politicians fully loot the treasury–the conventional last act of a failing empire—followed by the intended consequent CBDC slave protocol
● And the announced incoming cyber attacks/total supply chain meltdown combined with the famine that will bring...
are all a deliberate controlled demolition of the current global order, executed for the purpose of bringing about the New World Order.
To achieve this they are utilizing the Hegelian Dialectic. Planned order from planned chaos: problem – reaction – solution or antithesis – thesis – synthesis.
Like a Phoenix , they must burn the old world before they can purify and revive it from the ashes.
The Big Club: the CEOs all sit on each others boards and attend the same meetings (and pizza parties) at Davos and Bilderberg. What you’re witnessing with the world falling into ruin is their global reset plan in action.
Deliberate destruction is the plan. I agree there are many very stupid people placed in leadership roles but that too is part of the globalists’ plan. A few are very smart but it’s the huge money/payoffs behind the scenes.