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The stakes were so extreme that it _is_ pretty easy to answer. Sure, there have been economic cycles, but the bet was whether the dollar is _worthless_ -- we ar
by hawkice 6y ago
The stakes were so extreme that it _is_ pretty easy to answer. Sure, there have been economic cycles, but the bet was whether the dollar is _worthless_ -- we are so far from it the Fed still can't reliably meet their inflation targets. A rebellion of the rich against the monied? Surely you're joking. And while global warming marches on, the 'significant number of environmental collapses' haven't happened, and we know we aren't close because I'm not sure even one environment has collapsed (damage ain't the same as collapse, folks).
It wasn't close. It isn't hard to tell that it wasn't close. Let's not give this doomsayer more credit than he's earned -- and he was completely wrong.
- imtringued 6y agoIf there will be any collapse it is still 50 years out. A war doesn't count. The world got better after WW2. Life finds a way.
- notsureaboutpg 6y agoUmmm, did it though? Like metrics wise it did, but you're not counting the massive loss of life and the vast disenchantment in the world after (which is admittedly hard to measure). Millions of people were ethnically cleansed, that's not worth any kind of material progress. If you are trying to say we progressed materially in spite of ethnic cleansing, you don't understand that eliminating large swaths of the population will obviously result in material benefit to those who remain...