4 ms·
This jumps from anecdata to cherry-picked stats to really speculative predictions. Some of them may be right, and there can be a real problem, but this is not w
by abeppu 3y ago
This jumps from anecdata to cherry-picked stats to really speculative predictions. Some of them may be right, and there can be a real problem, but this is not well argued or thought through.
One could take several of these wild predictions and flip them the other way. The author says military strength will decay due to poor quality recruits. You could also imagine that a job that comes with housing, food, health care and eventually access to higher education would be more desirable, and the military could have its pick of better recruits. The author says we'll put in place a wealth tax ... but in an era where savings already lose their value from the higher inflation also predicted, one might expect that putting a wealth tax into effect would be politically more difficult than in a lower inflation environment (ie savers are already being taxed). Etc etc.