Macro N Cheese

It’s always interesting to get the insights of someone whose job places them near the beating heart of the imperial behemoth. Especially when they’ve begun to pull back the curtain and take a hard look at reality. Paul Gambles lives in Thailand where he specializes in emerging markets with MBMG Group.Paul and Steve talk about the clarity that MMT provides. The public is kept intentionally misinformed by a mainstream narrative purposely obscuring the power relations of the capital order.Paul describes capital flight in developing nations and how the US gains and maintains economic control through dollar hegemony, international institutions like IMF, and military aggression. The western system imposes itself on emerging markets as if drawing them into a warm pool of water, a step at a time. Once they are in the system, they find it is shark infested.The discussion covers conditions that led to the banding together of BRICS to create an alternative pathway to the US-dominated system. Paul warns that western hege