OK, I”ll say it. Merkel has done more damage to Europe than Napoleon, Hitler, and Stalin Combined. We can rebuild and breed. Pollution lasts
Source date (UTC): 2016-07-23 16:37:35 UTC
Original post: https://twitter.com/i/web/status/756891018012819457
Who has done more long term damage to Europe? Napoleon, Hitler, or Merkel? #tcot #tlot #nrx #altright
Source date (UTC): 2016-07-23 16:31:57 UTC
Original post: https://twitter.com/i/web/status/756889597523664897
OK, I”ll say it. Merkel has done more damage to Europe than Napoleon, Hitler, and Stalin Combined. We can rebuild and breed. Pollution lasts
Source date (UTC): 2016-07-23 12:37:00 UTC
Who has done more long term damage to Europe? Napoleon, Hitler, or Merkel? #tcot #tlot #nrx #altright
Source date (UTC): 2016-07-23 12:31:00 UTC
(Gary is a nice guy, a moral man, and totally unsuited for leadership in a time of calamitous vulnerability and change.)
Source date (UTC): 2016-07-23 02:26:18 UTC
Original post: https://twitter.com/i/web/status/756676784452694016
Reply addressees: @FriedrichHayek
Replying to: https://twitter.com/i/web/status/756551354919768064
IN REPLY TO:
@FriedrichHayek
Libertarian party can’t field a candidate with views on citizenship & national security allowing him to competed with even Trump & Hillary.
Original post: https://twitter.com/i/web/status/756551354919768064
IT”S NOT CAPITALISM THAT’S THE PROBLEM
—capitalism is a failure. It’s like the game monopoly. —
Except monopoly is nothing at all like real life. And capitalism is responsible for raising the world out of endemic violence ignorance disease and poverty.
The problem isn’t capitalism ( the voluntary organization of production ).
It’s that the richer we become the more talented you need to be to earn a living.
When we had unused talent most people could move up.
Now we have passed the period where there is *unused* talent and entered the period where we have *unusable* talent.
Societies progress just as evolution progresses: by eliminating the failures to produce from the gene pool.
So has capitalism failed?
Or have we failed to continue to constrain the reproduction of the unproductive?
Source date (UTC): 2016-07-22 14:30:00 UTC
—At the end of the Cold War, the Soviet Union had a total population of nearly 290 million, and a Gross National Product estimated at about $2.5 trillion. At that time, the United States had a total population of nearly 250 million, with a Gross Domestic Product of about $5.2 trillion. That is, the population of the United States was smaller than that of the Soviet Union, with an economy that was more than twice that of the Soviet Union. A quarter of a century later, Russia’s population is about 140 million, with a GDP of about $1.3 trillion, while the population of the United States is over 300 million, with a GDP of $13 trillion. Today, the population of the United States is twice that of Russia, and the US economy is ten times as large.—
Now, right now, as far as I know it’s still over 2T. so a lot can happen in a short time. But the author’s point is that projecting power as a great power is freaking expensive, and requries a large population, and the russian economy doesn’t have it.
It’s pretty hard really to form a power block with <1B people now.
Source date (UTC): 2016-07-21 13:23:00 UTC
SILICON VALLEY IS FIGHTING A LOSING BATTLE
Why? because economic regionalization is going to win (it has to). Because the USA is losing its dollar advantage (it has to). Because populism (self-defense) is the natural reaction to both (people have to).
And all the valley leadership are doing is branding themselves as a political Hollywood v2, which can be regulated and taxed into submission.
Ask Gates what happens when your government turns against you.
The USA makes the EU look like mother Theresa when they go after you. Because they aren’t necessarily trying to win a case. They are trying to force you to submit through distracting and sewing uncertainty in your management team, the financial market, your shareholders, your employees, and forcing you to bear enormous opportunity, financial, and brand-sentiment costs.
Ergo, Thiel is correct.
Some of us understand how easy it would be for example to make the Hollywood lottery effect even more impossible than it is already. The same is for the tech giants of the day.
The wild west of the internet is on its way to domestication. The dollar is on its way to domestication. Immigration is on its way to domestication. Overseas revenues are on their way to domestication. and the fact that tech is a distracting bright spot of profitability in an economy with few of them is a privilege that the valley takes for granted.
Time to get on the bus.
Source date (UTC): 2016-07-20 13:50:00 UTC
—“The trend of centralization of the global economy will remain in the past. It will be replaced by regionalization. In today’s economic instability, only systems with 0.5 to 1 billion people can be effective,”—
—“A norm is an economic system with 0.5 to 1 billion people. This means that the world economy should fall into 5-6 relatively independent units as a result of the crisis.”—
—” today there are two basic scenarios, based on an economic
model. The first scenario – the salvation of the transnational price of the financial system of the US economy falls. The second scenario – the salvation of the US economy at the expense of the destruction of the global financial system. Since the Republican Party stands
for the second scenario, for it has voted the majority of voters in 2014. The same trend we are seeing now. The Democratic Party supports the first scenario. However, the split between these scenarios is not between parties, but across them: for example, Republican George W. Bush is committed to the first scenario, a Democrat Bernie Sanders – second. But now, in the midst of the election race, it is obvious that Donald Trump represents the interests of isolationists and Hillary Clinton – globalists. That is, they are two wings of the split
of the American elite. That is why all attempts to assess their chances of election of the President, based on the old system, where important vote count individual representatives of American society, will not work.”—
Source date (UTC): 2016-07-20 13:20:00 UTC
(Got a reminder from Cesar Tortelino and thought I’d share some choice quotes from everyone’s favorite Russian Economist)
—“the world economy has developed in the framework of expanding markets over the last 400 years. As a result, today it is in a very unstable state, since household spending is several times higher than income: by $3.3 trillion in the US and $2.5 trillion in the EU. The purchasing power of the average salary in the U.S. is at the level of 1958, all the rest – is induced demand due to the growth of private and public debt”—Khazin.
(I have said this differently: that the standard of living of the average american can decline by 40% if america loses control of the petro-dollar.)
Source date (UTC): 2016-07-20 13:00:00 UTC