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James Reefe
Bloomberg Originals
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Comments by "James Reefe" (@jpr1370) on "Bloomberg Originals" channel.
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Europe is synonymous with the world's highest standard of living. Second to none. Traditional Economic thinking is obsolete. Churchill and Lewis did an article in the HBR decades ago about Life Cycle of a Small Business. Using Software Engineering idea of Abstraction - you can abstract the idea to the Global Economiy as a whole. The World - as a Small Business. Do that and the model fits exactly. In the model L&C walk the phases of Small Business Growth. But What is the Growth Model of a Built out Resource Constrained World? it is undefined because at that point - the growth model makes no more sense. Viewing the world as a mature Built out market- you get cut throat operations for the Premium Chunks. Players will compete to seize the Gems the jewels. Which is why potiun is trying to take over the USA and Europe. We all know trump is a tool of putin. We all know MAGA is a putin project. if putin succeeds to install trump Jan 20, 2025 - then they align together to topple Europe - in short order I would think. putin works hard to destabilize EU countries politically - because he is too weak to challenge directly. Buy who you can. intimidaete the others. Run the protection racket on the hold outs. That is why putin routinely uses terror on Ukraine civilians - puritan is simply building brand to subvert resistance. The EU reminds me of Canada - always selling itself short. Not sure why. As standards of living around the world continue to improve - assuming trump never reaches office and putin simple "Goes Away" then humanity will resume rapid upward trajectory. And Europe is the model for where societies globally - want to go. It will not be so much a matter of diminished Europe as Enhanced - Rest Of World. Can you imagine all South America and African Capitals modeled after the Great European Cities. A couple of Prerequisites. One trump never takes office. it is imperative to the future history of mankind that trump be denied office. trump can take office the USA - Never. and putin did a century worth of damage to Global Civilization already - end the cancer. Cauterize the festering Malignancy. End it. Now. Do those two things and the rest will take care of itself.
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