“Rather, physical economics is about applying the most advanced scientific discoveries to the production and distribution of goods, to provide an improving standard of living for all people, while at the same time investing in the future, in areas which will lead to the scientific and technological progress needed to provide for the next generations.”
From: A Crash is Looming, But a New Bretton Woods Is Within Reach!
A Note To Readers
With one month to go until the mid-term elections, it is well to be reminded that what is at stake is whether the nation shall have a government that is able to focus on, as our quote above references, real physical economy– that is science, a space program, infrastructure and real industry. Therefore, since the Democrats, at least for now, have abandoned any semblance of representing the party of Franklin Roosevelt or John Kennedy, they must not be allowed to take over the House of Representatives.
Our feature this week is excerpts from the article published in the September 28, 2018 issue of Executive Intelligence Review, “A Crash is Looming, But a New Bretton Woods Is Within Reach!,” which highlights both the danger of a new financial crash and the solution. For it is only if the financial system and all the policies of government focus on real physical economy can not only serious infrastructure be developed and built, but, really, unrelenting chaos be avoided.
In this week’s report
October 1 signaled the beginning of a new water year for the state. Ending on September 30, the old year is “marked by hot and dry conditions, except for sporadic significant precipitation.” Thus, the U.S. Drought Monitor continues to reflect the moderate drought that embraces the entire state.
The Oroville Dam Update includes a “flyover” video and reports on the progress of construction.
Since October is the month in which the state has the most in numbers and generally the most destructive wildfires, two items highlight the topic.
Drilling work is underway at Shasta Dam where federal officials are trying to determine if the dam shall be raised 18 feet to increase the capacity of the largest reservoir in California.
Then we have some excerpts from a serious article on “The Forests: Climate, Pests, Dead Trees and Fires.”
Two articles on the “trade war” focus on the potential of China to invest in building U.S. infrastructure and the impact on farmers.
The Feature this week is excerpts from the article from which our introductory quotation comes.
