/biz/ - Business & Finance

>>22047829
Define golden age OP. My best shot would be something like:
>rising real wages for majority of population
>decreasing real prices of goods via tech & efficiency gains
>healthy and attractive population growing via eugenic reproduction
>ability to easily save via hard currency
>increasing or secure personal property rights
>mobility via meritocracy
>total tax burden below 15% of national GDP
>safe and homogeneous communities to give children, particularly in lower economic strata, maximum advantage for achievement
By this standard, americas peak golden age was in the 1890's, not the 1990's. In the 1890s america had its maximum rate of beneficial expansion, you could literally do just about fucking anything without government involvement (build houses, buy guns, get married, start a business, etc) while having an effective tax rate below 1%. America exited its golden age by the mid 1960's and is currently in its trailing silver age. Trailing silver ages are not bad places to be, historically speaking.

>>22047840
>>22048472
>>22051041
>>22052467
Diluting cultures dont qualify for golden ages. Population replacement is a hallmark of declining civilization for all of history. Ditto for disgenic breeding patterns (increasing genetic diseases, decreasing overall fertility, decreasing intellegence). Most of the world is going to be caught in the grand cycle that is currently on a downward slope. Places on an upward slope are so far behind (rwanda) that its better to bet on countries with slow stable declines (japan).

If there were any country truely in a golden age, there would be near universal desire to live there.

>>21984534
Imagin walking into the doctors office and getting a black female doctor. The chances are so low that she's there on merit that I would immediately spin 360 and nope the fuck out of there.

Corporate america is dead, mostly zombie companies kept alive with artificially cheap fed interest rates. What does it matter if these companies become less and less efficient while being stuffed with affirmative action employees? Regulatory capture gives these incumbents protection of the state against new upstart companies.

>>20694683
Imperiums decline. Notice difference between begining and the end.