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The thinking is wrong I believe. Our current world system and world view has long overcome it's peak. There is not much to gain, and the whole system slowly br

by erikb 9y ago

The thinking is wrong I believe. Our current world system and world view has long overcome it's peak. There is not much to gain, and the whole system slowly breaks and falls apart. That means there are not many true opportunities to grow value anymore. And the old profit and safety providers are getting rarer and rarer. For instance putting your money on the bank or buying index funds is no guarantee for safety anymore. In that time of decline of course people pay more and more to get the same level of safety, which really becomes more valuable by becoming rare, and also becoming more pricey by the money having less internal value. What is money worth if the amount of islands to stay on gets smaller and nobody being willing to trade his island for a few slices of paper?

olegkikin 9y ago
What are you even talking about? > there are not many true opportunities to grow value anymore There are more opportunities than ever in human history. The knowledge and data are extremely accessible. The amount of spare money people have is near all-time-high. You can literally become a multimillionare without leaving your basement, simply by pressing keys on your keyboard. > buying index funds is no guarantee for safety anymore It never was. There's never a guarantee, your bank can go bankrupt, so can FDIC. But it's still one of the safest ways to invest. Your investment options are extremely diverse as well. Only 50 years ago you had to call your broker to buy a stock. Now you can do that with a few mouseclicks. You can invest into foreign markets, cryptocurrencies, ICOs, you name it.
- erikb 9y ago
  You think that because you read it in blogs and don't have the experience yet to see which of these articles are bullshit. It's not true though. The reason it seems that way is because the human species is so rich, that you can make a good living for 2-3 more generations by screwing other humans over. And if you're not one of the screwers the blog article you read is certainly tailored to screw you. Maybe if space flight becomes more available, but here on this planet all of value is already controlled by someone. And they don't intend to share it with you. Without growth there is no stability in society, exactly because people need to screw each other to stay floating. So the system is on a downturn. And you can be sure that no matter what we find next to exploit, it will require another system to stabilize on.

by erikb 9y ago

olegkikin 9y ago

What are you even talking about? > there are not many true opportunities to grow value anymore There are more opportunities than ever in human history. The knowledge and data are extremely accessible. The amount of spare money people have is near all-time-high. You can literally become a multimillionare without leaving your basement, simply by pressing keys on your keyboard. > buying index funds is no guarantee for safety anymore It never was. There's never a guarantee, your bank can go bankrupt, so can FDIC. But it's still one of the safest ways to invest. Your investment options are extremely diverse as well. Only 50 years ago you had to call your broker to buy a stock. Now you can do that with a few mouseclicks. You can invest into foreign markets, cryptocurrencies, ICOs, you name it.

erikb 9y ago
You think that because you read it in blogs and don't have the experience yet to see which of these articles are bullshit. It's not true though. The reason it seems that way is because the human species is so rich, that you can make a good living for 2-3 more generations by screwing other humans over. And if you're not one of the screwers the blog article you read is certainly tailored to screw you. Maybe if space flight becomes more available, but here on this planet all of value is already controlled by someone. And they don't intend to share it with you. Without growth there is no stability in society, exactly because people need to screw each other to stay floating. So the system is on a downturn. And you can be sure that no matter what we find next to exploit, it will require another system to stabilize on.