COP26 Green Colonial Slavery

Max and Stacey point out that the ongoing Green Capitalist Revolution is bound to fail if you don’t sort out the money system.

I don’t have access to the kind of cheap energy that you need to mine bitcoin so I don’t have a dog in this race.

Though bitcoin has risen massively in value since 2017 I don’t see it becoming the global reserve currency.

The dollar is clearly being mismanaged as is the Euro so that leaves the Chinese Renmibi / Yuan.

The impression I get is that the Chinese don’t want to run the reserve currency and are not able to have a meaningful conversation with the Americans about how the current international financial architecture should evolve.

Where does that leave us?

It looks like more mismanagement and papering over the cracks for the foreseeable future

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