
A YEARNING for instant gratification is usually associated with young children. They cannot think in the long term and have yet to develop impulse control. Postponement is unknown to them; they want to get everything as soon as possible.
We see the same tendency painfully at work in dealing with the Covid crisis in the West. Sanitary measures cannot be undone soon enough. Every now and then the end of the pandemic is announced. Last year premature easing in the fall and Christmas season inevitably led to new waves of contagion, resulting in tens of thousands of preventable deaths.
The explanation probably lies in the fact that our democracies are based on electoral success. A politician’s horizon does not extend beyond the next ballot, not a long-term goal.

Trump’s economic adviser has exposed the actual strategy: forcing other countries to provide financial support for US world hegemony


