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by mstipetic
1319 days ago
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There is no objective wealth. People use money as a record of bookkeeping until it serves them a purpose. Once people feel the system is unfair or they go hungry all your numbers on a screen mean nothing. Once a fascist is elected and everything is nationalized all those numbers mean nothing. Once birthrates drop, once a billion people start migrating, once you piss of somebody with actual power (guns, mob, crony system…) see if your money or a record in some ledger that you own something means anything. Unequality is one of the major signals for a system toppling down, people don’t say well I don’t have money I guess I’ll let my children starve, too bad |
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One of the preconditions of the level of prosperity we experience today is government stability and essentially British or Western European laws and cultural and Christian values. As those things erode, prosperity decreases. And, there is a great threat of worldwide prosperity taking a nosedive on many fronts, including the global ESG movement, WEF great reset, socialist/communist/fascist/authoritarian government movements, etc. We are very fortunate to have experienced the overall wealth that we do today, and, unfortunately, it's probably only going to get worse from here the way things are going.