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Some countries (not the US) can plan decades into the future. Consider Holland if you like, with seawall and water-control projects that have century-long sched
by JoeAltmaier 3y ago
Some countries (not the US) can plan decades into the future. Consider Holland if you like, with seawall and water-control projects that have century-long schedules.
The US juggernaut outlook is limited to the next quarter or the next election.
With the exception of a couple industries - chip plants, power plants that take a decade to complete, hell even the lumber industry where you have to start trees today for harvest in ten or fifteen years. And only by very large companies with financial resources to sink into such projects with no hope of profit within a career's outlook.
Ought to be some way to deal with future-blindness profitably? Some kind of 'arbitrage' where stupid shortsighted decisions can be predicted and exploited?
E.g. a market in space-mining futures, where you can invest now and get a piece of a not-yet-implemented industry. The market would be driven by investors at first, get plowed directly into space-mining technology then ultimately become inconceivably profitable.
An app in there somewhere.