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Scariest chart in the world.
In one generation, the number of highly intelligent people will halve, as sub-100 IQ people will increase.
This will be ameliorated by the advent of ai. But nobody can tell us how things will settle out. Undoubtedly, having 1/2 as many “thinkers” is bad news.
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Aloof Spectator retweeted
The surveillance state isn’t dystopian science-fiction about the future.
It’s here. Quietly, conveniently, and completely normalized.
Aloof Spectator retweeted
It's hard to imagine a worse healthcare system than what we have now. The highest costs in the world. Preventive care that kills you. The system is a funnel that drains wealth from families & sends it to elites. Great if you're in a car accident. For everything else, not so much.
Narrative around inflation will inverse in the Fall. Heavy Fed Tightening + post-midterm repeat of Clinton/Newt=GOP congress blocks spending to harm Prez.
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This🧵 by the peerless Ms. Alden provides the macro gist of what will happen over the next 5-10 years. Regardless of party, boom/bust, etc. It’s mathematically the only thing that governments CAN do (and have always done, since paper money was invented): INFLATE THE DEBT AWAY.
This is known as financial repression.
When debt is very high, then even when inflation runs hot, central banks are extremely slow to raise rates.
The real value of the debt gets eroded away; currency devaluation.
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