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15782448 No.15782448 [Reply] [Original]

Been reading a lot of philosophy, Nasim Talib, Dalio's recent blogposts, Naval Ravikant etc and 4th Turning. I've read more into austrian economics and realised how fucked the keynesian consumption driven model is.

People think the current structure of the world will last forever but we are in effect in the 4th turning. Every four generations dramatic changes happen in society.

The equities bubble and financialisation of debt is ready to collapse. The dollar reserve currency will falter.

There's <1.5 trillion base money, but over 70 trillion in derivatives and debt. all QE does is pump equities and by the cantillon effect make the rich richer and the poor pissed off.

When it's all said and done, everyone will look back and see the crashing and burning old world as being such an obvious inevitable outcome.

Buy bitcoin faggots.

>> No.15782900

>>15782448
Also winter is literally coming because the sun is going into a cycle of low activity. Pray the extra co2 is enough.

>> No.15782911

>>15782448
>I've read more into austrian economics
Leave

>> No.15782939

The Fourth Turning is a shitty book where the authors forced a bunch of shit together to satisfy their hypothesis. Plus it was written in the 90s nigger.

>> No.15782975
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15782975

>nasseem taleb

That dumb mudskin thinks IQ science is bunk because he isn't comfortable with BIOLOGICALLY DETERMINED intelligence (80% genetic).

He's literally a fat neckbeard who white-knights for all the savage niggers out there because he's insecure.

For the record, IQ is probably the single most tested, meaningful, statistically relevant metric in all of psychology.

>> No.15783042

>101 BS THINGS TAUGHT TO STUDENTS, 16

>That rationality is about ideas, & beliefs (or religion) can be "irrational". No.
Rationality is about action. There is no axiomatic framework for rationality that includes beliefs. It is what you do.
#SkinintheGame
- Naseem Taleb

He's a dumb fat leb who doesn't know shit about neurology, genetics or biological processes IN GENERAL.

Sorry, people need to know.