I'll jump in and say this: The last Great Depression/Global Financial Crisis did not end with the Federal Reserve or Treasury or White House using traditional monetary/economic theories. Those theories either mitigated the Great Depression, or prolonged it, depending on ones' views. It took a world war. What did WWII accomplish? It ramped up the construction of factories, killed off population overshoot (unemployment), destroyed cities globally, established a new world power balance (England/Germany/Japan out, US/USSR in) and a new monetary regime to finance the global reconstruction required after flattening out much of the civilized world. In essence, WWII created a clean slate. You don't get that kind of scenario that pulls the world out of a global depression without dropping a lot of bombs. Countries don't peacefully allocate global resources and forgive debts peacefully amongst themselves, you know? Unless of course, the nuclear age truly is a deterrent to world war - which I don't rule out. But then again, it could be an unconventional war as Marc Faber says - where bio weapons are secretly unleashed near financial centers.
China has military ambitions. With a population of 1300 million or 1.3 billion people, China can build a massive army.
With free energy, there's no justification for WW3, Iraq 1 or 2, Iran etc. America's business is war. America needs a reason to make war. By engineering the problem away (free energy), a convincing rationale to menace and invade the Middle East no longer exists. That's why the United States Government will NEVER invest substantive resources in Free Energy. There's too many Industrial and State Conglomerates who's livelihood entirely depends on scarce energy and a nation on constant war-footing. Big Oil. Military-Defense Contractors. Civilian Contractors. The CIA. The NSA. The State Department (King Makers). That's a Trillion dollar industry, alone. Can you imagine the political-monopoly to be had from devouring the terrified public's civil rights ?? War also provides the perfect blackhole to loot billions from the Treasury for Corporate gain. 5,000$ shovels. 100,000$ tents. etc. The Military-Industrial Complex really took control decades ago. Defense, Oil, and Wallstreet run the Country via a bought-and-paid for Congress. Any revolutionary breakthrough that could enrich the common man will never see the light of day. There's simply too much money and power to be lost by helping people. Power is an end onto itself. And the Shitbaggers atop the capstone want it all for themselves.
For WWIII to happen don't we need an almost total destruction of wealth within upper classes? Perhaps we are almost there, I don't know.
Good video. Interesting to note the paltry sums thrown at developing fusion - 10 Billion, globally. And how much was spent on FED bailouts to Wallstreet and major Banks? 6-7 Trillion. The biggest innovations we'll see in the next 30-50 years will come from hobbyists and inventors, imo. Not from Government, Big Industry, or University research centers. Government control means arrested development. Competition is a sin, after all..
It began November 4, 1979 when Iran took Americans hostage and little jimmy did nothing. They, (terrorists) took a bold step and called our bluff. We got pantsed! Had Iran been reduced to a burned out cinder we'd be living in a much more peaceful world today. Funny how radical crazies become reasonable when killed in mass. See 8/6/45 and 8/9/45 for reference.
I clearly agree with you ! No need for wars in a infinite Universe. However I disagree with you about the "negative" economics aspect of helping the people. Because the first Individual who will benefit from the help is the one given it. And as money and power are a question of point of view... I will say that there is hope !
If you meant to say 'the first person to benefit from help, is the person who gives it'? Not so. Power is a zero-sum game. Like the markets. Any innovation that enriches the common man, reduces power held by elites by an identical amount. The Game is the creation of a Power Monopoly. A handful of SuperRich Industrialists, Monarchies and Dynastic Families (aided by their Bureaucrats and Politicians), controlling the preponderance of wealth and wealth producing assets. Free market economies are a bane to this power monopoly because they serve as an incredibly effective means of wealth creation (and equalization) for the common man. An enriched middle class represents a threat to the Elite's power monopoly. Which is why there is such a huge push to kill Free Markets. 50%+ Tax Rates. Cap-and-Trade. Outsourcing. Horrendous Deficits. The point is to tax the economy to death. To kill the fig tree the middle class is sustained from. It's a negative victory. Instead of winning a foot-race through speed, the Rich (via Government) prefer to break our legs and walk to the finish line. It's what the Alpha Male Gorillas do to the male babies. Infanticide. Kill the seed before it grows.