This will be an interesting year for economics in a post Covid pandemic matched with adaptive technology and hyper competition between the US and China. Jamie Diamond predicts volatile markets, 4 Fed interest rate increases, and a strong underlining economy. Let us see what happens.๐ค (Economic Explosions, Roaring 20s JP Morgan, Goldman Socks Projection, Not Out of Woods, See 20 Years, Out Perform China 2033๐ฎ). Let us wait and see as nothing is for sure๐!
The blog discusses current affairs and development of national economic and social health through unique idea generation. Consider the blog a type of thought experiment where ideas are generated to be pondered but should never be considered definitive as a final conclusion. It is just a pathway to understanding and one may equally reject as accept ideas as theoretical dribble. New perspectives, new opportunities, for a new generation. “The price of freedom is eternal vigilance.”—Thomas Jefferson
Monday, January 10, 2022
Sunday, January 9, 2022
Escanaba Boy Needs Bone Marrow Transplant Funds (Baby Camden)
Be The Match |
There are few things more precious then a child's life. An Escanaba boy by the name of Baby Camden Kleikamp needs a second bone marrow transplant (See what a bone marrow transplant is HERE.)When a community boy needs our help many of the residents will open their checkbooks and share some of what they have (See TV6 Video). If your a business and have a few dollars you can consider doing a different kind of investing in the future. (Tax Deductions? Here). Sometimes its about helping your neighbor and feeling good about your contribution to the world above and beyond the financial benefits.
Sunday, January 2, 2022
Running Hate Review and Analysis: Hometown Hate and Potential Solutions
Saturday, January 1, 2022
Colorado Fires: 1000K Homes Destroyed: Need for Firefighters Rise
Firefighters do a lot and when natural disasters come into play they are often the first responders to the events. Just like in Colorado we rely on our firefighters to continuously deal with issues that relate to the health of our communities and protection from natural events. Firefighters are likely to become increasingly important as we wrestle with environmental shifts. Instead of becoming a declining occupation it may very well become of increasing importance if the need arises.
Consider donating to a few firefighting associations (I know little of these organizations so look at their sites and if you like to donate a little. If someone wants to donate a grass fire truck I know a great place to send it.)
Firefighters Charitable FoundationThursday, December 30, 2021
US May Out Perform China in 2033 If "American's" Learn to Compromise and Coordinate a National Vision
One of the biggest and most difficult tasks is to get people from different political spectrums to focus on a shared future and vision. Without a sense of direction China is poised to overcome the U.S. by 2033 according to a report by Japan Center for Economic Research (Tomiyama, 2021) by pointing all of their hypothetical ships to the same destination 20 years into the future (See China Stats). Technology is here to stay and hedging that technology into the first digital era large modern manufacturing nation that can produce next generation products and a state of the art economy (including advanced education/skill development, enlightened law enforcement/intelligent rule of law, inclusive capitalism, mental and physical health, pharmaceuticals, military supremacy, etc...) would be appealing to international investors.
The amount of coordination between our law makers, stakeholders, and bureaucrats would be a serious commitment about a shared vision and sense of purpose. Each actor/agent would need to determine how their actions either ensure we are the first advanced large scale nation (and its benefits and risks) or allow natural forces to pressure change more slowly ( and the risks of coming in second to an emerging market. Yes...countries are actually a type of market for international investors.).
(Yasoshimo, R., et. al, 2021) |
To me the technological trends, infrastructure investments, and political capital to return manufacturing back to the U.S. are present. They are present now but they may not be present in a decade as we become accustomed to our new role (...or eat ourselves alive politically with fewer and few resources but with impossibly high expectations.). I'm an optimist so I say we can sort of see where we need to go in terms of infrastructure, education, international investments, and technology and might consider coordination of effort across political lines (...we have made some progress since the pandemic but are still sputtering along.)
(There is something called the Hierarchy of Values popularized by New York Law School Professor Myres McDougal in his 1966 work 'Jurisprudence for a Free Society' in the Georgia Law Review that models how decisions are made in terms of their importance to a person/group. Thus if we ordered Family, Country, Career, Political Party, etc... For politics to function properly on a high level overview perspective it must have an order the fulfills the needs of the widest distribution to the members of society. For example, if one has 1. Country [One could also insert God anywhere within this order based on one's beliefs], 2. Society 3. Career 4. Party 5. Family as their hierarchy of values they will make decisions differently than a person who orders 1. Self 2. Party 3. Career 4. Country 5. Wealth, 6.,etc...
Universal Core Values Brosche & Sander, 2013 Neuroeconomic Choices |
Depending on the make up of our current generation, culture, and leadership we will collectively define those hierarchy of our values through social expectations. However, since governance is about inclusive benefit to maintain stability one might want to include the wingspan constructs such as Country and Society at the higher levels. Its a very personal choice so public professions and private confessions sometimes differ. Lots of people engage in politics for various reasons that have little to do with serving anyone else. Its called public service for a reason! ๐๐๐ How we work together to achieve something greater than ourselves will determine the future of the next generation, generation after that, and likely the generation after. See Biggest Post Afghan Risks: Decisions Making and Human Capital)
World GDP is expected to reach $100 Trillion in 2022 for the first time in history much sooner than the 2024 projection (CEBR, 2021). While the Pandemic was destructive it also opened an opportunity to reset a course and embrace new economic platforms and the benefits that come from building the best capitalistic environment where human rights and innovative entrepreneurship attract foreign direct investment on a mammoth scale (See Economy Change COVID, GDP Govt Mind, Q1 2020 Short Stock Drop or Digital Recover, Michigan Invest, DC Start Up Invest, DC Multi Cluster Innovation Industry)
The quality of leadership is based in the ability to critically think about all the options, pick out the essentials, and create as many win-win situations as possible with the widest benefits to society. To create a change initiative (See Change in International Business SWOTCH) Nation and Society values should move to the forefront of our values while self and career should move to the rear of our values (at least for the next few years.) (See Innovation & Freedom, Backsliding Democracy).
Leadership can be defined many ways and while scientists look for the exact definition there are certain characteristics and abilities that seem to separate leadership abilities from others (Wheat from Chaff. See Ways of Seeing as how change of perspective helps highlight new ways of viewing the world around us.). Leadership rests in part on the ability to use their creative ability to solve new, unusual and unique problems (Connelly, et. al. 2000). One way of looking at leadership problem solving is from the following quote (Mumford, et. al. 2017 pg. 28) (See Evidence Based Decision Making, Not out of Woods,
Death and Miser 1490 Esoteric Bosch The stages of life and values. |
Problem definition, the ability to define noteworthy issues or significant problems affecting the organization.
Cause/goal analysis, the ability to analyze the causes and goals relevant to addressing problems
Constraint analysis, the ability to identify the constraints, or limiting factors, influencing any problem solution
Planning, the ability to formulate plans, mental simulations, and actions arising from cause/goal and constraint analysis
Forecasting, the ability to anticipate the implications of executing the plans
Creative thinking, the ability to develop alternative approaches and new ideas for addressing potential pitfalls of a plan identified in forecasting
Idea evaluation, the ability to evaluate these alternative approaches’ viability in executing the plan
Wisdom, the ability to evaluate the appropriateness of these alternative approaches within the context, or setting, in which the leader acts
Sensemaking/Visioning, the ability to articulate a vision that will help followers understand, make sense of, and act on the problem"
Leadership secures victory by making a commitment to bigger principles and the willingness to see how solving problems for the widest amount of people leaves a legacy. Doing things others don't expect but are based in strategic validity can lead to game changing results (See Level K Decisions). If we practiced for two years trying to see the other sides points and compromising where its prudent we would likely solve a big portion of our nation's problems (Sometime pitting sides and arguments against each other blocks the awareness of which perceptual gate leads to new solutions that can come from divergent type thinking. Changing our language and perspective opens up new possibilities we would not have been aware of otherwise. See Conflict and Higher Cognitive Models. The ability to see new solutions often means opening the mind to all of the information and possibilities that leads to key insight and higher order thinking that often vanishes among those stuck in one sided logic. See Data Triangulation). We could tame the tempest and ride it to a higher performance platform with lots of more options and possibilities.
“Excellence is never an accident. It is always the result of high intention, sincere effort and intelligent execution; it represents the wise choice of many alternatives – choice, not chance, determines your destiny.” Aristotle
CEBR (2021). IMF World Economic Outlook October 2022. Recovered Dec 29th, 2021 from https://cebr.com/wp-content/uploads/2021/12/WELT-2022.pdf
Connelly, M. S., Gilbert, J. A., Zaccaro, S. J., Threlfall, K. V., Marks, M. A., & Mumford, M. D. (2000). Exploring the relationship of leadership skills and knowledge to leader performance. The Leadership Quarterly, 11(1), 65–86"
IMF (Oct. 2021). 'Recovery During a Pandemic'. Retrieved December 28th, 2021 from https://www.imf.org/en/Publications/WEO/Issues/2021/10/12/world-economic-outlook-october-2021
Mumford, M., Todd, H., and McIntosh, T. (2017). Cognitive Skills and Leadership Performance: The Nine Critical Skills, The Leadership Quarterly, 28(1), p. 28.
Tamiyama, A. (December 15th, 2021). China to become the world’s largest economy in 2033. Japan Center of Economic Research. Retrieved December 28th, 2021 from https://www.jcer.or.jp/english/china-to-become-the-worlds-largest-economy-in-2033
Yasoshimo, R., et. al (Dec. 15th, 2021). China's overtaking of U.S. economy delayed to 2033, report says. Nikkei Asia, Retrieved December 28th, 2021 to https://asia.nikkei.com/Economy/China-s-overtaking-of-U.S.-economy-delayed-to-2033-report-says
DC Firefighters Talk about Responding to Capitol Riot (Becoming Targets of the Mob)
January 6th was a pivotal moment in America's history forcing all those who were loyal to rethink their assumptions. I'm a supporter of police and firefighting (......not blind support and would have no issue holding "bad apples" accountable. Some people/places struggle with understanding the essential purpose of our institutions.) when semi-organized extremists attack firefighters and EMT officials (in some cases their own kind) trying help others we should be appalled; many of us unable to see the risks.
Whether we are in the Capitol or in our hometowns we struggle with differentiating between those who support the Constitution and who those who are radicalized and want to circumvent it. The lines are blurry but radicalism has certain markers that can tip authorities off to its presence. Our police, firefighters and EMT are there to help others and people nationally/globally should respect medical support (...but that is the mentality of the people and their supporters we are dealing with. I'm a light right conservative and find such actions against everything I was raised to believe. There are places where right and wrong are often subjective to inappropriate symbolism).
You can also read the article DC Firefighters Remember Challenges of Responding to Capitol Riot
Sunday, December 26, 2021
Community Colleges Hiring Practices Influences Student Global Competitiveness
School of Athens Philosophy as Diversity of Thought Between 1509 and 1511 Raphael |
That may be difficult if hiring practices restrict opportunities for competitive exposure and higher levels of national achievement. Let's think of diversity from a wider perspective. Diversity of thought, study, race, religion, and background create higher levels of exposure to new ideas. This is vitally important for small rural communities that are realigning to global competitiveness. Providing avenues for relevant up-to-date knowledge impacts people throughout their lives in profound ways (See a summary of a GSS study on the benefits of higher education. HERE.)