meth_dragon [none/use name]

  • 6 Posts
  • 220 Comments
Joined 2 years ago
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Cake day: August 6th, 2022

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  • going off completely unsubstantiated folk sayings, it takes around 3 generations of failsons to destroy a family’s wealth

    i choose to interpret this as an approximation of the half life of personal wealth under about the worst conditions possible (my made up justification being that most social structures are more vulnerable to internal risks rather than external, see: every empire in history), so given this it would make sense that accumulated wealth will not instantly evaporate to baseline when exposed to mere adverse external pressures. also, like, the sheer amount of wealth hoarded by feudal ruling class people probably would take way more than 3 generations of failsons and a cultural revolution to reduce down to pleb level in absolute terms.


  • US is aimlessly flailing, they can’t dollarize anything with high interest rates since all the money they pump out just gets sucked right back in instead of infesting the host countries and growing to maturity as it did with past cycles. in any case, i’d imagine any country that does get dollarized can probably just go the china route in the future and have china dump some more tbills to patch over however much debt got grown in the meantime

    they’re trying to sow and reap at the same time currently and while it’s not the end of empire, it probably won’t provide the results they’re looking for

    as i said before, so long as brandon doesn’t do something extremely funny before the elections, this cycle is probably a wash. one to look out for will be the next one