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 […]
This was originally a Substack post. I would like to congratulate zxq9 on contracting me as his new star columnist. This is a major milestone for his publication, and you should all be proud of him. Every system that works rests upon a foundation of useful lies. There are three stages in understanding this Blue […]
“Financialization”, a process characterized by stakeholders in a business activity mixing up the metric of success (money) with metrics of performance (operational standards), has manifested some bizarre outcomes over the last few decades. These effects have come to dominate the economic landscape as money has become less and less representative of reality and government involvement […]
This video discusses nuclear parity, what it means, and how the situation between China and the US shape our thinking about this issue. Watch on Rumble or BitChute.