Re: Re: what if biden dies
By: hollowone to Arelor on Sun Nov 26 2023 07:46 am
> I believe West is more transforming than dying, but time will show.
Once you are at your highest, any road you take will lead you down.
Western Europe at least has transitioned to become service economies. Nobody
wants to dig ore in a mine when you can sell coffee in a pub.
The issue is if you have a stash of money you use to buy industrialized
products and prime matter from elsewhere, and your economy is based on local
services, you are screwed, because you will end up running out of money your
providers want to accept eventually.
It doesn't help that a lot of the services we run are artificial or are
services created in response to limitations we have created. A lot of
accounting offices exist only because it is nigh impossible to navigate ever
changing tax regulations.
I am not optimistic because we have historical precendents of what happens whena
culture becomes so rich it can make other cultures work for them in exchange
of money while the rich culture sits on their lazy asses. It usually ends
badly.
--
gopher://gopher.richardfalken.com/1/richardfalken
---
■ Synchronet ■ Palantir BBS * palantirbbs.ddns.net * Pensacola, FL
|
