Geopolitical Economy Report • 558 implied HN points • 13 Jan 24
- Debt has surged globally due to neoliberal economics, leading to countless crises.
- The Federal Reserve's actions focus on bailing out the financial sector, even when it doesn't benefit the economy at large.
- The US economy is heavily dominated by finance, insurance, real estate, military, pharma, and tech sectors, all characterized by high levels of monopoly and rent-seeking behaviors.