In May, the World Economic Forum launched its ‘great reset’ initiative. In October, Time Magazine dedicated an entire issue to the idea. Just a week later, International Monetary Fund Managing Director Kristalina Georgieva declared that the world was facing a ‘new Bretton Woods moment’.
Almost seven years ago, Amsterdam University Press published my book, The Big Reset. In it, I wrote: ‘A system reset seems imminent. The world’s financial system will need to find a new anchor around 2020. One day politicians will begin to understand only great changes can reset this system, which is being inflated to prevent deflation.’
A Chinese edition was published in 2015. The Beijing-based International Monetary Institute asked me to give a presentation on my reset thesis. My Chinese publisher suggested my speech be titled, ‘Waiting for 54 years’. That was how long ago the US had closed the gold window, in August 1971.
At that moment it became clear why the Chinese had decided to publish my controversial book. They agreed with my critical analysis of the dollar system. Soon after Lehman Brothers collapsed in 2008, China became concerned about the dollar-centred monetary system. Beijing pressured the US to exchange its mortgage-backed securities holdings to US treasuries. Washington agreed and soon after, China stopped investing in US treasuries. The Federal Reserve must now fill the gap, purchasing $2.4tn in treasuries this year. To hedge its large dollar position, China started to accumulate vast amounts of physical gold.
My book outlines some ideas to reform the international monetary system. There is a need to find a successor for the dollar. The special drawing right could serve as the new anchor for the monetary system. Change would require a new Bretton Woods conference, including to discuss debt restructurings. Gold could be re-introduced as one of the pillars of the global financial system.
Most of these topics are already in play. Both the United Nations and IMF are calling for debt restructurings, as are some European Union countries. US President-elect Joe Biden faces calls to cancel $1.7tn of student debt.
Last year, 22 countries added gold to their central bank reserves, a move not seen since 1971. Central bankers seem to be preparing for changes to our monetary system. In 2019, Bank of England Governor Marc Carney warned that the dollar was at risk of losing its status as the world reserve currency. He proposed the use of a new digital synthetic hegemonic currency.
I envisioned the big reset as a financial and economic overhaul. The proposed great reset seems to be an even larger project. The IMF says this endeavour could address most of the world’s major problems: health, education, gender equality and even climate change.
According to WEF Founder Klaus Schwab, co-author of The Great Reset, we must act fast. ‘The pandemic represents a rare but narrow window of opportunity to reflect, reimagine, and reset our world.’
This also explains the rush to test central bank digital currencies worldwide. After a quick roll-out they all can become part of the new synthetic hegemonic currency, as envisioned by Carney.
This SHC, based on five digital currencies (dollar, euro, pound, yen and renminbi), will be just like a digital SDR.
Willem Middelkoop is a Member of the OMFIF Advisory Board, founder of the Netherlands-based Commodity Discovery Fund and author of The Big Reset: War on Gold and the Financial Endgame.
Duncan Idaho on Sat, 12th Dec 2020 11:11 am
“deeply insecure white males are the stuff of which the Trump base was (and is) made.”
Duncan Idaho on Sat, 12th Dec 2020 11:21 am
“Fat Boy supporters; call them stupid, deplorable, or worse. I believe the most apt characterization of MAGA devotees is desperate.”
Stupid and desperate is the apt description.
zero juan on Sat, 12th Dec 2020 11:33 am
Ppeee fuck, nobody cares who is winning or losing except you. I care that you care because that means I am fucking with your stupid low life existence. I am so glad you care and more will come so you care more. LMFAO. Got it troll!!
JuanP said I am winning 3 to 2. I’ve always known that…
FamousDrScanlon said They all agree to disagree in Europe. Progress at…
JuanP on Sat, 12th Dec 2020 11:35 am
“Republicans want more than a coup: Trump’s loyalty test exposes their hatred for democracy
(More than half of House Republicans and 17 GOP attorneys general have outed themselves as traitors)”
Dumbcan,you are fucked when this goes to the house for a vote by state. Republicans control 29 legislatures. ROTFLOL
JuanP on Sat, 12th Dec 2020 11:37 am
“deeply insecure white males are the stuff of which the Trump base was (and is) made.”
Shut up faggot. Not only are you a piece of shit you are an arrogant piece of shit. (I thought you were leaving the country asshole!
JuanP on Sat, 12th Dec 2020 11:38 am
Person of the year
https://www.thegatewaypundit.com/wp-content/uploads/TIME-PERSON-OF-THE-YEAR-DOMINION-1152×1536.jpg
Abraham van Helsing on Sat, 12th Dec 2020 12:15 pm
If Soros is angry, you know for a fact that things are developing in the right direction, right meaning RIGHT (as in “not left”):
https://www.rt.com/news/509451-soros-oped-merkel-surrender-eu/
“‘Merkel’s surrender & worst of all possible worlds’: Soros pens angry op-ed over Polish-Hungarian victory in EU budget talks”
Wonder what apneaman’s take is on this. I thought that jews like Soros were all-powerful and always get what they want. Apparently not so.
[insert evil nahtzi grin here]
Abraham van Helsing on Sat, 12th Dec 2020 12:25 pm
Not exactly world-shocking, but the unexpected happened in Dutch politics, 3 months before the Dutch national elections. My favorite candidate for the premiership has out of the blue been elected leader of the Christian-Democrats, after the chosen candidate withdrew himself:
https://nos.nl/artikel/2360344-hoekstra-ik-had-geen-andere-keuze-dan-te-accepteren.html
Hoekstra is tough (“Eurobond villain”), speaks fluent German and English, is pro-European, but not a sell-out of Dutch interests (don’t take it from me, go ask the Italians) and, last but not least, used the phrase “protecting Dutch identity!”.
For the first time in my life I will probably vote Christian-Democrat, for lack of a solid Nahtzi party in the political spectrum.LOL
Seriously:
Hoekstra interviewed by Bloomberg on “the tragedy that is Brexit”:
https://www.youtube.com/watch?v=THH8NZ5XpWo
Hoekstra giving the Humboldt-lecture at the Humboldt University in Berlin, last year:
https://www.youtube.com/watch?v=NN96lQkGGmM
(The Germans love him, because he sought confrontation with the Italians head-on, something for which the Germans don’t have the nerve. So much for the “German jackboot”, the British love to fantasize about. These days the German jackboot is made of pink silk and comes with a whiff of Eau de Cologne).
https://www.politico.eu/article/wopke-hoekstra-netherlands-italy-corona-bonds-fight/
“How Wopke Hoekstra became Europe’s bond villain”
Duncan Idaho on Sat, 12th Dec 2020 12:38 pm
Here’s how ‘The Fat Boy could end up in jail’ over ‘intensified’ Manhattan investigation
https://www.alternet.org/2020/12/donald-trump-jail/
The Dims never follow through—
Duncan Idaho on Sat, 12th Dec 2020 12:40 pm
‘Loser of the Year’
https://www.commondreams.org/news/2020/12/11/without-decency-and-without-dignity-german-newsweekly-der-spiegel-names-trump-loser
Lets not put down losers by comparing them to the Fat Boy.
Abraham van Helsing on Sat, 12th Dec 2020 12:42 pm
Rush Limbaugh is huge in the US. Hence, this is huge too:
“LIMBAUGH: U.S. Headed To ‘Secession’, No ‘Peaceful Coexistence’ With Liberals”
https://www.infowars.com/posts/limbaugh-u-s-headed-to-secession-no-peaceful-coexistence-with-liberals/
Duncan Idaho on Sat, 12th Dec 2020 12:45 pm
“Hang your heads in shame”
https://www.huffpost.com/entry/don-lemon-republicans-donald-trump-backers_n_5fd46f32c5b62f31c1fd5f85
Our loser Fat Boy supporters probably don’t have a clue—
Duncan Idaho on Sat, 12th Dec 2020 12:50 pm
Still losing, still whining
https://i0.wp.com/digbysblog.net/wp-content/uploads/2020/12/image-20160510-20616-lkmcbf-1.jpg?w=1200&ssl=1
zero juan on Sat, 12th Dec 2020 1:36 pm
It’s still three two for Ppeee widdle..
zero juan on Sat, 12th Dec 2020 2:41 pm
Sucks stooping down like you are doing Ppeee juan. I like it! You are so fucking upset and it shows
Davy on Sat, 12th Dec 2020 3:02 pm
I thought you said we wiped Ppeee off the other side zero juan?
zero juan on Sat, 12th Dec 2020 3:25 pm
Hi Ppeee, I thought you ignored me? LMFAO. Are you upset, fuck? I think so. This is wonderful.
Davy said I thought you said we wiped Ppeee off the other si…
zero juan on Sat, 12th Dec 2020 3:31 pm
Ppeee, you should just go somewhere else and ruin their forum. Everyone wants you schizoid ass gone, fuck!
makati1 on Sat, 12th Dec 2020 3:41 pm
Greed has killed Capitalism and the Reset is a desperate attempt to revive the corpse. I don’t see it working out the way the elite wanted it to. Maybe they will be the ones to go? We can only hope.
REAL Green on Sat, 12th Dec 2020 4:05 pm
We never wiped Ppeee of the other side at all widdle. We made a boo boo.
zero juan on Sat, 12th Dec 2020 4:43 pm
She we did Ppeee, you are juat a liar and a fool. Ask anyone here and they will tell you! Fuck
REAL Green said We never wiped Ppeee of the other side at all widd…
zero juan on Sat, 12th Dec 2020 4:45 pm
Ppeee, everyone hates you becuase of your lies. You are a fucking low life lunatic. Good thing I am here to take you down! LOL
Abraham van Helsing on Sun, 13th Dec 2020 12:13 pm
“The terribly strong Euro”
https://www.spiegel.de/wirtschaft/usa-vs-eu-der-unheimlich-starke-euro-a-e57a2f46-6763-4c58-b469-8bdd3a6d99ff
“Der unheimlich starke Euro”
Over the past year, the Euro has gained at least 10% compared to all other major currencies. And even 20% to the US$. Despite hundreds of billions money printing (“Corona bonds”) and despite the 7.5% GDP contraction in 2020. Inflation is a low 1.7%.
FamousDrScanlon on Sun, 13th Dec 2020 2:28 pm
From 2014……right on schedule.
Limits to Growth was right. New research shows we’re nearing collapse
Four decades after the book was published, Limit to Growth’s forecasts have been vindicated by new Australian research. Expect the early stages of global collapse to start appearing soon
“The results show that the world is tracking pretty closely to the Limits to Growth “business-as-usual” scenario. The data doesn’t match up with other scenarios.”
https://www.theguardian.com/commentisfree/2014/sep/02/limits-to-growth-was-right-new-research-shows-were-nearing-collapse
Some of you will end up impoverished or dead when the music stops again – next spring?
Great reset = cull. No politics, race, religion, Jews, Chinks or other/wrong tribe’s super elites……just the laws of physics, chemistry & biology catching up with the rapacious apes.
You can’t vote the low hanging resource fruit back on the trees or bring back the stable climate (think food).
All your monkey screeching is nothing more than your survival instincts kicking in & rationalizing why none of the responsibility is on you while offering up scapegoats.
Bitch, moan, blame & even kill away, but you & yours are still headed for the poorhouse and/or death ‘faster than previously expected’.
Humans are a fucking Cancer & there is very little healthy tissue left to consume. That’s reality.
Fighting over what’s left is all that’s left & winning the prize is but a temporary reprieve. You may survive this cull & the next, but fortune will not favor you forever. Chaos & chance increase the further you go & no one is in control or has your back. Control is the great illusion.
You don’t actually need any moralizing stories to justify your hate & desire to rub out the other tribes (evil doers). It’s a huge waste of time & energy, but such is the way with the talking monkeys – the only species on earth that requires a narrative to justify killing & survival.
STFU
https://youtu.be/OGC4JnXzn1o
FamousDrScanlon on Sun, 13th Dec 2020 2:45 pm
Humans Are Genetically Predisposed to Kill Each Other
The rate of lethal violence is 7 times higher than the average for all mammals
““Step back and view our species objectively from the outside, the way a zoologist would carefully observe any other animal, or see us the way every other creature perceives human beings. The brutal reality could not be more evident or more horrifying. We are the most relentless yet oblivious killers on Earth.
“Our violence operates far outside the bounds of any other species. Human beings kill anything. Slaughter is a defining behavior of our species. We kill all other creatures, and we kill our own. Read today’s paper. Read yesterday’s, or read tomorrow’s. The enormous industry of print and broadcast journalism serves predominantly to document our killing. Violence exists in the animal world, of course, but on a far different scale. Carnivores kill for food; we kill our family members, our children, our parents, our spouses, our brothers and sisters, our cousins and in-laws. We kill strangers. We kill people who are different from us, in appearance, beliefs, race, and social status. We kill ourselves in suicide. We kill for advantage and for revenge, we kill for entertainment: the Roman Coliseum, drive-by shootings, bullfights, hunting and fishing, animal roadkill in an instantaneous reflex for sport. We kill friends, rivals, coworkers, and classmates. Children kill children, in school and on the playground. Grandparents, parents, fathers, mothers–all kill and all of them are the targets of killing…” — R. Douglas Fields, Why We Snap, p. 286, 2016.”
https://www.psychologytoday.com/us/blog/the-new-brain/201610/humans-are-genetically-predisposed-kill-each-other
Embrace the killer ape inside of you.
https://youtu.be/aFCPrHmLo2c
makati1 on Sun, 13th Dec 2020 3:13 pm
FB has stepped up its censoring of any real info about the flu bullshit or the killer vaccines. Even a cartoon gets cut if it is not pro vaccine/New World Order/Demoncrat.
Too much Money _ Too much power. Some billionaires think they are gods, like Billy Barndoor and Georgie Sores. Where are the people with the pitchforks and tar?
FamousDrScanlon on Sun, 13th Dec 2020 3:23 pm
New Study Reveals The IQ Of Republicans In America, Prepare To NOT Be Shocked (STUDY)
“Liberals have always agreed that conservatives suffer from a low IQ, and Donald Trump and his supporters have certainly cemented that belief. However, does science (the thing conservatives don’t believe in) come to that same agreement? Opinion is one thing. Facts are what matter.
Science does, in fact, prove that Republicans suffer from a lower IQ. The “Bright Minds and Dark Attitudes” study found that a person’s intelligence as a child could predict conservative and racist ideas as an adult.”
https://bipartisanreport.com/2016/08/12/new-study-reveals-the-iq-of-republicans-in-america-prepare-to-not-be-shocked-study/
FamousDrScanlon on Sun, 13th Dec 2020 3:26 pm
Conspiracy Theory Disorder: Understanding Why People Believe
“Whenever something new happens — whether it’s a pandemic that grips the world, a rise in a disorder’s diagnosis, or a new technology being rolled out — people have theories. Specifically, conspiracy theories.
More often than not, such theories are based upon specious links between one or more unrelated events. Rarely do conspiracy theories have any scientific backing. And when they do, it’s often a lone article or white paper published online. Or maybe just a YouTuber who “was told by my friend who works at so-and-so.” Friend-of-a-friend-of-someone-who-knows (or works there, someone in law enforcement, or a “scientist”) is regularly offered as “proof.”
What drives conspiracy theories and their dramatic increase in the online world? And could people who adamantly believe such theories in the face of overwhelming evidence otherwise suffer from a disorder?”
https://psychcentral.com/blog/conspiracy-theory-disorder-understanding-why-people-believe/
FamousDrScanlon on Sun, 13th Dec 2020 3:28 pm
Scientists find a link between low intelligence and acceptance of ‘pseudo-profound bulls***’
Those who are impressed by wise-sounding quotes are also more likely to believe in conspiracy theories and the paranormal
“A new scientific study has found that those who are receptive to pseudo-profound, intellectual-sounding ‘bulls***’ are less intelligent, less reflective, and more likely to be believe in conspiracy theories, the paranormal and alternative medicine.”
https://www.independent.co.uk/news/science/scientists-find-link-between-low-intelligence-and-acceptance-pseudo-profound-bulls-a6757731.html
FamousDrScanlon on Sun, 13th Dec 2020 3:32 pm
Yes, Conspiracy Theorists’ Brains Really Are Different
“Perceiving patterns in randomly generated coin toss outcomes was significantly correlated with both measures of conspiracy beliefs, and with supernatural beliefs,” the study authors write. “These findings are the first to directly suggest a relationship between belief in conspiracy theories and pattern perception, and conceptually replicate this relationship for supernatural beliefs.”
A third study found a link between irrational beliefs and perception of patterns in chaotic paintings, such as those by Jackson Pollack, known for his paint splatter art. In other words, people with greater belief in conspiracy theories and the supernatural saw more patterns in the art even though there weren’t any.
Study 4 had the participants read either a conspiracist, skeptic or paranormal blog. The results showed that agreement with the conspiracist or paranormal blogs predicted pattern perception. And the fifth study manipulated an internet article on the NSA so there were two versions — one pro-conspiracy and the other anti-conspiracy. Those who read the pro-conspiracy version were more likely to see patterns in world events. These two studies showed how external influences affected people’s perceptions. “Taken together, these findings support the assumption that illusory pattern perception is a basic cognitive aspect of the conspiracy and supernatural beliefs under investigation here,” the authors write.”
https://science.howstuffworks.com/life/inside-the-mind/human-brain/conspiracy-theorists-brains-really-are-different.htm
FamousDrScanlon on Sun, 13th Dec 2020 3:45 pm
Atheists are more intelligent than religious people, say researchers
New paper sets out to explain negative correlation between faith and intellect found in dozens of past studies
https://www.independent.co.uk/news/science/atheists-more-intelligent-religious-people-faith-instinct-cleverness-a7742766.html
FamousDrScanlon on Sun, 13th Dec 2020 3:47 pm
Those with higher intelligence are less likely to believe in God claims new review of 63 scientific studies stretching back decades
https://www.dailymail.co.uk/news/article-2390774/Those-higher-intelligence-likely-believe-God-claims-new-review-63-scientific-studies-stretching-decades.html
FamousDrScanlon on Sun, 13th Dec 2020 3:54 pm
Religious and supernatural belief linked with poor understanding of the physical world
https://digest.bps.org.uk/2016/10/24/religious-and-supernatural-belief-linked-with-poor-understanding-of-the-physical-world/
Three in Four Americans Believe in Paranormal
https://news.gallup.com/poll/16915/three-four-americans-believe-paranormal.aspx
Are any of you, know it all, hyper pattern seeing conspiracy-tards spotting the real pattern?
zero juan on Sun, 13th Dec 2020 5:10 pm
Ppeee, more zero juan dumbass is still zero brains. Ppeee, zero times zero is still zero so if you think spamming the board with your Dr dumbfuck Scanlon makes you somebody it doesn’t! You are not famous but instead a fuck. You are not a Dr. you are a schizoid. Go disappear, lunatic:
FamousDrScanlon said Religious and supernatural belief linked with poor…
FamousDrScanlon said Those with higher intelligence are less likely to…
FamousDrScanlon said Atheists are more intelligent than religious peopl…
FamousDrScanlon said Yes, Conspiracy Theorists’ Brains Really Are Diffe…
FamousDrScanlon said Scientists find a link between low intelligence an…
FamousDrScanlon said Conspiracy Theory Disorder: Understanding Why Peop…
FamousDrScanlon said New Study Reveals The IQ Of Republicans In America…
FamousDrScanlon said People With Low IQ Tend to be Socially Conservativ…
FamousDrScanlon said The NWO? Is that like the latest ‘Boy Band&#…
FamousDrScanlon said Humans Are Genetically Predisposed to Kill Each Ot…
zero davy said DaVveee, nobody cares about y ok if whining except…
FamousDrScanlon said From 2014……right on schedule. Limits t…
FamousDrScanlon on Sun, 13th Dec 2020 5:49 pm
You should be outside practicing your goosestepping with your low skilled Bros.
It’s your only hope for survival.
Huge swaths of those antifa kids have college degrees, yet serving coffee & such is the only work available for them.
If they can’t make it what hope for a sub average mutt like you?
Hitching your wagon to scumbags like Trump won’t help you either. Same for all politicians, left or right, y’all are disposable to them.
If violence & thievery are all that’s left, don’t give it away for free to cunts like Trump.
Start your own criminal gang & stop being such a fucking dupe & a ZERO.
That’s all the government is – a criminal gang with a monopoly on violence.
zero juan on Sun, 13th Dec 2020 5:51 pm
fuck Dr dumbass scanlon
REAL Green on Sun, 13th Dec 2020 7:27 pm
FamousDrScanlons called FamousDrScanlon cus he’s famous Davy. You stupid lunatic fuck.
FamousDrScanlon on Sun, 13th Dec 2020 7:31 pm
🙁 poor widdle pouty face zero 🙁
Hey I know, say fuck again master wordsmith.
You are so fucking dumb & primitive, you’re 1 or 2 IQ points away from grunting & drooling as your main form of verbal communication.
1 minor head injury would do it.
FamousDrScanlon on Sun, 13th Dec 2020 7:40 pm
zero, I own novelty items that have a bigger vocabulary than you.
https://youtu.be/6WC6EbRQmJ0
zero juan on Sun, 13th Dec 2020 8:00 pm
Ppeee, zero times zero is still zero, fuck
FamousDrScanlon said zero, I own novelty items that have a bigger vocab…
FamousDrScanlon said poor widdle pouty face zero
Hey I know, say fu…
REAL Green said FamousDrScanlons called
FamousDrScanlon cus he’s f…
zero juan said Ppeee, this is boring Diaper Don said No wait I st…
REAL Dumb on Sun, 13th Dec 2020 8:14 pm
Can we please go see the docter now widdle.
Inbred luntic
zero davy on Sun, 13th Dec 2020 8:30 pm
“zero times zero is still zero”
Very good widdle. You got the zero times table partly memorised. The one times table is more complicated. Take your time. It’d be a real shame if one of yer two brain cells croaked.
zero juan on Sun, 13th Dec 2020 8:37 pm
Everyone hates you zero davy.
cuntface
Davy on Sun, 13th Dec 2020 8:44 pm
Maybe I need to stop fucking with y’all?
I’m having a real hard time figgerin this all out.
fuckwaks
REAL Green on Sun, 13th Dec 2020 9:57 pm
Davy,
If I told you once, I have told you a thousand times to stop being a cunt and your problems go away.
Otherwise, we shall continue to moderate and castigate your dumbass.
HATe REAl greeN on Sun, 13th Dec 2020 10:17 pm
Fuck you real green.
fuckface
Abraham van Helsing on Mon, 14th Dec 2020 1:41 am
“It’s Going to End Badly With Civil War and Second Amendment Rights at Risk | Doug Casey”
https://www.youtube.com/watch?v=F5PEXUne4bM
This is probably one of the last opportunities to see Laurel on Youtube:
https://www.youtube.com/watch?v=Aqf3BK299ac
She already has accounts on Bitchute and DLive.
She notes that with the Trump presidency and the lawsuit by Texas it is for the first time in decades that the (white) right is fighting back and the left is scared to death. THIS is the moment to escape.
Abraham van Helsing on Mon, 14th Dec 2020 1:47 am
“Patriots Occupy DC As America Risks Total Capitulation To China — Watch Live!”
https://www.infowars.com/posts/thousands-of-patriots-descend-on-washington-d-c-to-stop-the-steal-despite-supreme-court-dodge-watch-live/
“Head German CIA – “China on the Verge of World Domination””
https://parisberlinmoscow.wordpress.com/2020/10/26/china-on-the-verge-of-world-domination/
The era of white dominance 1492-2016 is over. BUT, we can still remain the first address on the planet, if we get our act together. For that we need to defeat the anti-white saboteurs we are stuck with: jews, English and US-libtards.
Paris-Berlin-Moscow-Heartland, THAT is the golden formula.
War is inevitable. Happiness is a warm gun.
zero juan on Mon, 14th Dec 2020 4:15 am
This is good news! Ppeee juan the schizoid is triggered. You can always tell this by his ID theft. When he gets REAL mad, he starts doing ID theft trying to fight back. What juanPpeee can not understand is this is just what I want! LMFAO. Troll gets trolled. That is the whole point Ppeee.
HATe REAl greeN said Fuck you real green. fuckface
REAL Green said Davy, If I told you once, I have told you a thousa…
Davy said Maybe I need to stop fucking with y’all? I’m havin…
zero juan said Everyone hates you zero davy. cuntface
zero davy said “zero times zero is still zero” Very good widdle….
REAL Dumb said Can we please go see the docter now widdle. Inbre…
bochen787 on Mon, 14th Dec 2020 4:29 am
“China’s Global Power Tops the U.S.? New Measures Say No”
https://www.bloomberg.com/opinion/articles/2020-12-10/china-s-global-power-tops-the-u-s-new-measures-say-no?sref=ZMFHsM5Z
“He finds, not surprisingly, that the U.S. fares far better than China, an authoritarian state with vast internal security costs and a prodigiously wasteful approach to stimulating growth. Similarly, it is critical that American per capita GDP dwarfs China’s, because that means the U.S. has more wealth left over, after it feeds its population, to pursue global influence. Other work has better accounted for the way wealth accrues over time, and found that the U.S. will still have far more overall economic power than China even after China’s GDP eclipses America’s… argue that the centrality of the dollar to international financial networks — which persists, despite decades of handwringing about its decline — gives the U.S. outsized coercive leverage. Scholars have also affirmed something that policymakers have long understood: America punches far above its own weight in global affairs, because of the network of military, economic and diplomatic partners it leads. China has nothing equivalent. The third category accounts for less tangible forms of power. For decades, analysts have grasped that soft power — the degree of admiration and emulation a country inspires — matters enormously.”