Volatility in Markets Is About More than Chip Competition

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by Harley Schlanger, LaRouche Organization:

Throw out all the ideological garbage packaged by panicked investors about the U.S.-Chinese competition over AI technologies.  The reality is that the financialization/speculative/monetarist model of the West is failing, and is being replaced by a model emphasizing cooperation among sovereign nations for mutual benefit.  Instead of preparing to go to war against China, over concerns that their economic dynamism is now outpacing western economies overloaded with debt and inefficiencies, learn from them!  Replace speculation with LaRouchian physical economy, and adopt LaRouche’s Four Laws to return to a Hamiltonian credit system, which can provide investments in future technologies, rather than providing liquidity to trade worthless financial instruments with funny-money provided by the Fed!

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