As fields like journalism, art, and academia were collapsed and living expenses skyrocketed they came to skew increasingly toward people whose families could afford to supplement their income.
That third thing is unsustainable long-term
As fields like journalism, art, and academia were collapsed and living expenses skyrocketed they came to skew increasingly toward people whose families could afford to supplement their income.
Local government costs $50 billion, and that sounds a bit expensive as a therapy session for people who "like to be heard"
Local government costs $50 billion, and that sounds a bit expensive as a therapy session for people who "like to be heard"
Germany was 4 times China's GDP in 1990
China is now 4 times Germany's GDP in 2025
www.phenomenalworld.org/analysis/bri...
Germany was 4 times China's GDP in 1990
China is now 4 times Germany's GDP in 2025
www.phenomenalworld.org/analysis/bri...
The underlying cause of every bubble - debt masquerading as financial innovation - depends on not just short financial memory & speculative neophytism, but reinventing jargon of finance, like how each generation of kids has new ways to say same things.