As we close out the year, an observation from co-host Nick Gvosdev ... as I grade exams of my senior students at the @NavalWarCollege and in particular questions that deal with the "liberal international order", it reinforces the importance, per yesterday's tweet, of ... 1/
politicians and thought leaders making the case for engagement. 2/
https://twitter.com/DoorstepPodcast/status/1343603395035340801
I still don't hear U.S. figures explicitly linking the low rates for home mortgages and low interest rates for car notes, among other things, to the position of the U.S. dollar as the global reserve currency--in other words, taking it right to the doorstep. 3/
We can have an honest debate over whether what the U.S. has to do in terms of maintaining that position is worth it--and I'd be interested in getting the views of Doorstep friends like @AshaCastleberry of the veterans' perspectives on the tradeoffs between costs of military... 4/
action and benefits received. This is an argument Doorstep 4 guest @radiofreetom often has ... people decrying the costs of globalization while still wanting to keep all of its benefits. That's not a sustainable position. 5/
The pandemic has created an unexpected way to measure tradeoffs: 2020 will go down as one of the "cleaner" years, in environmental terms, with regards to fossil fuel emissions. People traveled less, supply chains contracted, demand for hydrocarbons went down. 6/
Will governments in North America and Europe try to build on this foundation to move forward with new climate change and energy platforms? Or will publics, especially if vaccination works to stop covid, want to fulfill all the pent up demand for travel, vacations and goods? 7/
HINT: OPEC is gambling on the latter. So it is going to be interesting to observe the tradeoffs that different countries make in 2021--and the Doorstep will be here to help cover those stories. END
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