Capital Controls

The currents of the oceans carry warmth to northern latitudes. The jet stream can be ridden by jets carrying travelers to new adventures. In much the same way, money flows around the world in waves which make nearly every aspect of our economic life possible.

That may be coming to a halt soon, however. The climate change that brings us trade wars also shuts down the financial weather systems which move in a predictable bounded chaos. Our ability to predict the economic future, always right in bulk but rarely precise, may be closing down.

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