https://www.youtube.com/watch?v=sbLRucP6_fk


<center><iframe width="560" height="315" src="https://www.youtube.com/embed/sbLRucP6_fk" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe></center>


28
SECULAR STAGNATION "GAP": a meaningless term. 

This guy is NOTHING, BUT BABBLE TALK.

Where's THE CLARITY?

THE INSIGHT?

NOT THERE!

The USA has LOST ITS WAY: Summers is PROOF!

He's trying to find his way IN THE DARK: that's MY BEST GUESS. (Ha! Ha!)

The USA is FACED WITH A NUMBER OF BASIC PROBLEMS.

Just to mention A FEW.

FIRSTLY,  the economy has NOT been able IN THE PAST FEW DECADES 
to generate MONTHLY the creation of AT LEAST 250,000 jobs SO THINGS 
DON'T GET WORSE.

SECONDLY, the USA is NOT GETTING the foreign investment it used to 
get.

THIRDLY + MOST IMPORTANTLY,  THE DEMAND for U.S. Treasury Bills 
is NO LONGER there.

FOURTHLY, THE OVERSPENDING ON THE MILITARY is AN ALBATROS 
when the USA does NOT have ONE BULLET TRAIN nor ONE SUPER-
SONIC MISSILE with a global reach which Russia + China have: it's 
NOW HIGH TIME to get rid of the U.S. Military.

IN SHORT, it all boils down to this: the USA is A POOR + BACKWARD 
COUNTRY with its infrastructure falling apart due to insufficient Gov't
 spending.

All this is COMPOUNDED by A FALLING U.S. DOLLAR.

And YET, the USA acts AS IF it's "THE" WORLD'S SUPERPOWER parading 
around like A MADMAN with NO CLOTHES ON. (Ha! Ha!)
Ken, Toronto, CANADA