2017 SOTU Backdrop Part II – New World Order & International Trade

New World Order: This term was previously considered a conspiracy theory, and has become an acceptable term for international political efforts. The League of Nations, Bretton Woods System, United Nations (UN), European Union (EU), European Parliament, and Open Borders. (Wikipedia)

The New World Order ultimately leads to individual member nations surrendering, or subjugating, their individual national authority to the International Monetary Fund (IMF), World Bank, World Trade Organization (WTO), European Union (EU), United Nations (UN) and “Open Borders.” The New World Order is essentially an initial attempt to bring about common results for citizens of the world. Member nations may have decisions by the EU and UN enacted and enforced within their own borders without their agreement. Recently, the previous administration allowed the Anti-Israel UN Resolution Against Settlements to pass by abstaining.

What are the costs by nation of peacekeeping operations? The chart for 2016-2018 indicates the U.S contribution to be 28.36 Billion of an overall total of 53.03 Billion for the entire UN. (United Nations General Assembly)

Yoshihiro Fukuyama discusses in his paper on The End of History, what is written and intended, is frequently interpreted and enacted differently between nations, as a result of differing political and religious belief systems, and languages. Fukuyama points out significant efforts can take centuries, and most possibly fail. The New World Order is such an effort, attempting to bring about common results for citizens of the world. (Wikipedia)

Status of Nations:

World Economic Situation and Prospects: Joint product report of the United Nations Department of Economic and Social Affairs (UN/DESA) and seven additional UN and external organizations. The report is lengthy and extensive. The Executive Summary states more than seven years after the global financial crisis, policymakers around the world still face enormous challenges in stimulating investment and reviving global growth.

The world economy has been held back by several major headwinds: persistent macroeconomic uncertainties and volatility; low commodity prices and declining trade flows; rising volatility in exchange rates and capital flows; stagnant investment and diminishing productivity growth; and a continued disconnect between finance and real sector activities. This comment is supported by the upcoming item on U.S. International Trade.

Global Peace Index 2016: The report is published by The Institute for Economics and Peace (IEP) which is an independent, non-partisan, non-profit think tank dedicated to shifting the world’s focus to peace as a positive, achievable, and tangible measure of human well-being and progress.

World's most and least peaceful countries in 2016. Currently, violence costs 13.3% of the Worlds GDP annually, or 13 trillion, 300 billion dollars. This equates to 5$ per person daily, and $1,876 annually. Since 2008, there has been a 286% increase in deaths from violence. Possibly as expected, Syria was the least peaceful country in 2016, and by far had the most refugees fleeing to find refuge. (Forbes)

The discussion of international trade deserves significant study. Impact of initiatives implemented by members of the New World Order as identified in Part I, have created an imbalance in economic activity of member nations. In Part I, the paper published by Francis Fukuyama, "The End of History," provides a good view of how the enlightened can be rather superficial, unable to recognize the underlying currents and rebirth of a new era of conflict. The point is made that theory expressed regarding proposed outcomes prior to the attempt to engage in, or change course from one political system to another, is rarely experienced as expected. Overall, movement over time, tends to strive for liberalism. Excessive liberalism can overburden political and economic systems resulting in collapsing a liberal government. (repeated from Part I)

Economic, political, religious, and religious-political systems propose lofty worldwide efforts and coordination in achieving equality. However, after establishing and implementing policy, return to their home nation internal issues. Organizations established and implemented by the New World Order are left to staffs and working committees such as the Group of Eight, including definition of the Group of 20, and the Group of Seven which meet at established intervals. (Wikipedia)

Narrowing the focus from international to national, the United States, to evaluate past and current outcomes of international trade and the long-term effects. The following data provide some insight into national economies with the worst trade account balances, the result of improperly managed New World Order initiatives, in this case, the World Trade Organization (WTO).

U.S. Exports vs: Imports 1992-2016

Consider this, when produced domestically, instead of imported, the ($9,975,399) net export loss [that is 9 trillion, 975 billion and 399 million] at the minimal case MMF of 250% would have exceeded over . . . $24,938,498 [24 trillion, 938 billion and 498 million] more dollars of domestic GDP in production and spending, and . . . $12,469,248 [12 trillion, 468 billion and 248 million] more dollars in taxes and fee revenue, and a heck of a lot more jobs. But the truth is it would have been much higher than that given annual compounding. Keep in mind this is minimal and reflects a factor based on 1992-1995, before congress began subjugation of the economy to the WTO under the New World Order.

Additional effects of imbalance in World Trade result in transfer of ownership interests in raw materials, finance, and distribution systems. The World Bank provides a significant resource for review in this regard. Essentially, raw materials ownership and finance realign with the production factor. And, outcome of the production factor align with the shipment of new products. In this regard, China has expanded greatly in the ownership and operations of these assets.

Additionally, as a nation pursues imports vice previously produced products and services, the infrastructure that had existed to support them, and provided taxes and fees to develop and maintain them, diminish. Therefore, previously existing infrastructure become underfunded, and the call is frequently for government funding to maintain and develop infrastructure.

Savings from the imbalance of imports are overrated. To arrive at the true cost, the cost of maintaining the infrastructure abandoned, unemployment insurance payments, food stamps, medical care provided and other welfare costs associated with the loss of employment are in fact a cost that should be added to the price of imported goods and services.

The world's 10 biggest ports. Seven of the 10 biggest ports in the world by cargo volume are in China. The remaining three are in Singapore, the Netherlands and South Korea. The world's leading import countries.
Posted in SOTU Backdrop.