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Showing posts from July, 2024

Why do you think that the US could lose it’s top position as a world leader?

  Why do you think that the US could lose it’s top position as a world leader? Photo by Kenny Eliason on Unsplash Sadly, some of the things you have been saying are good assessments of the situation and I believe there is credibility there for why the US is on a down spiral. #1) The Russians figured something out quite a while ago and they ran an experiment in the US in 2016 to see if it was true. People go up in arms that it was to mess with the election and yes, it was partly but that wasn’t the point in itself. By getting that hacker team to focus on the US they were able to spread disinformation and sow seeds of discord that had incalculable effects moving forwards. That hacker group a) showed the world that the US was vulnerable b) it showed that democracy has some major weaknesses that can be exploited c) it showed the threat of total free speech and free speech of the press d) it made the American electoral system seem fraudulent, or at very least not a credible and fair system

Here is how the world ends

What is the most far-fetched conspiracy theory you've encountered so far in 2024? Do you think that you know who is behind it? It is all planned. Economic Collapse We are about to have a market crash once again. We had an uncontrolled gain in terms of the overall market gdp due to the artificial bubble created by the holdbacks of Covid. When things lightened up for restrictions we seen all kinds of money thrown at problems to get the backlog dealt with. The has created a bubble that is similar to the housing bubble of 2008. In fact, if you look at that economic growth chart just prior to the housing collapse the economic graph is near identical with an unsustainable gain slope that was higher than it was long. This I suspect is because of Covid and then the rush to catch up. Which means at some point this bubble is going to break when some industry crisis or some type of economic shift or slow down occurs and the first companies start going bankrupt which are currently over extende

What are the potential drawbacks of nationalizing an industry?

 What are the potential drawbacks of nationalizing an industry? It depends on what industry and what the purpose of nationalizing it is. The industries that it makes the most sense to nationalize have some criteria in my opinion: They should be static industries that do not change very much or very quickly in terms of the core of it’s business. It should be an industry that is key to public security, public safety, or the public’s interest. It should be something that is mammoth in size so that it doesn’t affect any small businesses by having it nationalized. It should add value by nationalizing it - such as continuity, consistency, stability etc. There should be a pain point that is needing to be addressed that centralizing that industry under the government addresses it. It should be specialized enough that there is not a lot of competition. It wouldn’t be small business or medium businesses getting put out of business - it should be an industry where it would be cost prohibitive for