Alternative Tracks

“How did you go bankrupt?” Bill asked.“Two ways,” Mike said. “Gradually, then suddenly.” Ernest Hemingway, The Sun Also Rises A cascade of financial crises are rushing across the Western world. Gradually Imagine a set of express trains that are all headed toward a single catastrophic, multi-track collision. Each train is heavily damaged already, but the […]

The USD is literally a diffuse, dupable NFT

Fiat currencies have reduced themselves to the level of NFTs. The USD is a perfect example of this. The story is fairly easy to understand. The story of NFTs Some intelligent people realized that smart contracts could be used to register ownership of a given contract by a given public key, and that contract could […]

The financialization cycle

The process of an economy shifting its optimizations from productive activity to the accumulation of money is called “financialization”. To add more confusion to the mix, people on the left-end (idiot-end) of the Midwit Curve can tell something is badly wrong and the game is being rigged, but can’t tell what forces are conspiring to […]

Geopolitics: A Golden Needle for Russia and the CCP

Every so often there are bubbles that are so big that they can’t help but become the foundation of even larger bubbles, and the froth of bubbles gets so huge that people start actually believing in the bubble mass as though it were a static, stable, real thing. Until someone turns up with a golden […]

Angry dragon problems: when great floods happen, it’s time to overthrow the emperor

Let’s start with debunking the narrative that “dragons are a myth”. The liberal media would have you believe that the Welsh, the Japanese, the Chinese, the Greeks, and even the Eskimos independently invented identical myths about giant fire-breathing reptiles who live inside bodies of water and are the source of chaos in the world. Right. […]

Virdism: why I’m racist

Imagine for a moment that you subscribe to an ideology called Virdism. Virdism is a complex and deep ideology. You probably should call it a religion, rather than an ideology. But that’s neither here nor there. I want to focus on a specific peculiar property of Virdism: Virdism insists as a matter of fact that […]

Erlang: LOL

A follow up to “erlang-questions: A tale of push VS pull and authority VS lolberty“… The Central Authority has Decided that the “Erlang community” now officially consists only of people willing to eagerly submit to having the Woke CoC shoved into everything. Anyone suspicious of this sort of thing has no opinions worth hearing. See, […]

Interest = competency

Had an interesting insight in the shower just now Moldbug has a quote that goes something like “everyone is right-wing with respect to their domain of competency” (verbiage mine). The example he gave was a 25 year old female kindergarten teacher. (Let’s assume pre-woke kindergarten teacher…). She will have typical 25-year-old girl opinions on any […]

Is Putin’s invasion a failure?

The breakdown on it is that it doesn’t matter – Putin already achieved everything he needs to, so why risk further losses? The media is incredibly full of shit, which is kind of hilarious. Putin just basically ensured that Europe is going to starve itself trying to “block” him. He’s invaded into Ukraine, yes, but […]