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Hardkill

Biden has caused the global economy to undergo a fundamental change

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This video talks about how policies such as the IRA, which was passed by Biden and the Democrats in Congress, have caused the global economy to transition from neoliberal globalization to a new economic world order involving a lot more industrial policy in America and will eventually force Europe and many other countries to enact industrial policies of their own going forward. Some have said that this will cause some kind of economic arms race between the US and every other major economy in the world that may have some kind of positive or negative unintended consequences for the world. I believe that this will be great for America and for the rest of the world in the long-run.

 

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