Principles for Dealing with the Changing World Order

Evolution can be defined as the constant upward movement towards improvement that is driven by adaptation and learning.

Human productivity is the most important force that drives the world’s slow but steady improvement in its total wealth, power, and living standards, and it itself has improved over time.

Good human capital and self-sufficiency come when humans have the capacity to produce more than they consume.

If you have an understanding of your own income, expenses, and savings,you can apply it to other people, you will have a better understanding of the whole picture.

Powerful countries rule when individual countries hold more power than the collective.

The world order follows the law of the jungle more than international law.

Although debt eats up equity, central banks can feed it by printing more money, instead.

The decline is a painful period of change and conflict that leads to the establishment of new orders, both internal and external.

Time has shown that the formula for success is a system where well-educated people can compete with each other in a civil manner in order to invent and receive their funding through capital markets.

Productivity improves at different rates for different people, for reasons like the quality of a person’s education,inventiveness, work ethic, and economic situation.