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We'll find out. We have four companies worth over US$1T, adjusted for inflation this is larger than any time in history (including Rockefller IIRC). Who knows w
by gotaquestion 5y ago
We'll find out. We have four companies worth over US$1T, adjusted for inflation this is larger than any time in history (including Rockefller IIRC). Who knows where this is going to go?
(I think about MMORPGs where stats just keep going up exponentially, like how in WoW classic, top DPS was like 500 and now its like 50,000. But that's just a game.)
- oblio 5y agoFor now it's not super clear since we have a lot more stuff in the world, a lot more money, and real ones, too, not just paper money. Actual production and services. Developing countries, including China have added probably between an extra 30 to 60% more middle class folks with disposable income. That's going to grow because of India, Africa, South East Asia. The bigger long term threat is the unsustainability of this, global warming and destruction of ecosystems. That doesn't mean we'll avoid a major wealth wiping financial crash this decade but we'll get over it and continue to grow. The "burning the planet" bit is the real killer.