💸 Reimagining Bretton Woods
How International Agreement Could Resolve Economic Imbalances
Connectivity Project by Philip Pilkington
The past few years have been ones in which global conflict has flared up in a manner that is more concerning than at any time since the end of the Second World War. Economists cannot offer solutions to all complex geopolitical problems, but they know that trade imbalances tend to vastly increase tensions between nations and make compromise on these non-economic topics more difficult.
Due to the politics and economic structure of the time, the bancor was shelved in 1944. But due to the changes in the global economic system caused by aggressive globalization, there is a strong case to be made that its time has come. Implementing the bancor solution to world trade could provide a new constructive economic vision for a world economy that currently feels chaotic and unmoored. It could provide the keystone to global governance in the 21st century.
🧵 https://fxtwitter.com/philippilk/status/1857074938558943564
In 1983, America's biggest daytime talk show did something that's never happened since.
It spent an hour on a live debate on the DPT shot and vaccine mandates. Injured kids were in the studio, and the host asked what no host would dare ask today:
"Why does it have to be a law? Should we have the freedom to decide?"
🇺🇸 A Red Baron delivery worker went viral after snapping at a social media prankster who pretended to steal $10 from his phone via Apple Pay while he was working.
The father of four broke down over his exhausting schedule and financial struggles, prompting the internet to rally behind him. A GoFundMe has since raised more than $500,000, while Red Baron publicly backed the employee and confirmed his job is safe.
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New York fined private Amish schools $118,000 for refusing vaccine mandates.
Their lawyer says only the Supreme Court can save them now.