Here’s a few things it could be useful for Scott Adams know:
social/economic conflict being between between =producers= and =consumers=.
English-speaking nations are now the world’s biggest consumers.
Because it had to.
Because the international role of the US dollar forces the US to consume more it produces.
This is called Triffin’s Dilemma and shows up in the ever-growing US Trade deficit.
Now $22 trillion USD
“It costs only a few cents for the Bureau of Engraving and Printing to produce a $100 bill, but other countries have to pony up $100 of actual goods in order to obtain one.”
As @DaveChappelle said.
"I wanna wear Nikes, I don’t want to make them."
But the US military kept expanding.
Again it's the #petrodollar. The US military is a key factor in supporting the US dollar overvaluation.
Remember when Saddam & Muamar tried to bypass the USD in oil trading?
So what do Iran, Venezuela, Russia, the EU and China all have in common? They are trying to bypass the USD in oil trading.
Too much welfare bankrupts a country.
Too much financialization bankrupts a country.
The way out of this trap is to make America productive again.
Trump calls it MAGA.
• bringing the military home
• bringing the jobs home
That also means bringing the dollar home, ie ditching reserve status.
Some people smarter than me have realized this also means devaluing the US dollar.
This process lies behind a lot of the geopolitical turmoil we see (Iran, VZ, Nord Stream 2, trade wars etc.)
Few talk about this openly. Wilbur Ross kinda hinted at it at Davos last year.