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Joined 2 years ago
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Cake day: July 9th, 2023

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  • Right, this article is based on a flawed premise

    To preserve America’s financial primacy, Trump must offer the world compelling reasons to remain within the dollar-based system.

    But to all appearances Trump wants the opposite. Ending this system helps reinforce the isolationism that he seems to want, brings more control and wealth to him since everything can be based on bullying, kickbacks and deals, enables corruption, and lets Trump get short term wins. He can brag to his followers that he’s done these things, and they’ll love it.

    … the enormous soft power it currently gives us over global finances and trade, the ability to write endless debt, an era of worldwide economic stability will be gone forever. But those aren’t things he values nor can explain to his cult











  • It is though. UK birth rate is well below replacement level and immigration is not enough to make up for it.

    The math may not be obvious because that is a decrease in births now, that will become apparent in about 30 years when they would have children and previous large generations pass. You can either try to compensate now when it’s easy or wait 30 years until it’s a crisis with no way out and even if there was, it would take 30+ years