2 ms·
Eric Weinstein talked about the same thing in an Interview a while back: “I think that what happened, if we think about it historically, is that we had this bea
by tux1968 8y ago
Eric Weinstein talked about the same thing in an Interview a while back: “I think that what happened, if we think about it historically, is that we had this beautiful period of fairly reliable, high, evenly distributed technologically led growth after World War II, up until about 1970. We predicated all of our institutions on this expectation that this growth was some sort of normal thing we could depend upon in the future.”
But then, that growth ran out, and as Weinstein says, “We were left with all of our institutions looking in some form or another like a Ponzi scheme.”
Was from here: https://youtu.be/LruYnDjkOgU?t=895 https://youtu.be/LruYnDjkOgU?t=895