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Joined 2 years ago
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Cake day: July 16th, 2023

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  • Um. If I am old in a society that demands young people pay the expenses of old people (eg. Healthcare, housing, or interest on accumulated debt, then I can absolutely create a financial burden for my children. If we want to be pedantic, bankruptcy is the state of having financial obligations that you cannot bear. So, I can absolutely bankrupt my children.


  • Capitalism is fine with it actually.

    The issue is that there will be too many old people and not enough young people to support them.

    But old people have most of the money. So, lots of money will still be spent. Capitalism will be fine. Sure, some old people will have no money and bankrupt their children. But capitalism does not care about that.

    It would have been a bigger problem before AI and robotics. But capitalism will shrink the workforce faster than birth rates.


















  • In Canada, a somewhat Trump inspired populist right leaning party had 100% of winning the next election.prediction markets had it at 93%.

    since the beginning of Trumps tarring stacks, the center left party had surged in popularity to a degree not even thought possible. If the election was today, they would win.

    Trump is giving people somebody to rally against. And the “us” vs “them” is the the world vs the US.