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I just showed above that "high trust societies are conductive to risk taking" is extremely wrong. Every high trust society on earth right now does the exact opp
by Der_Einzige 4mo ago
I just showed above that "high trust societies are conductive to risk taking" is extremely wrong. Every high trust society on earth right now does the exact opposite. It's a lack of risk taking keeping Europe and even Singapore in a slump/relative slump. It's doubly that for Japan and Korea got lucky as hell with its control of the HBM memory industry but without that it'd also be fked for the same reason.
You need LOW trust for risk taking.
- hollerith 4mo agoI'm guess you consider the US a low-trust society. I would disagree.