curious_fella

> What do you get for correctly calling the bubble in 3 years?

Well, if you knew when the bubble was bursting, then there would be no problem!

People are not coming from around the world for middle class jobs like auto-manufacturer or steel worker. Jobs like these used to be the heart of the middle class, and they certainly weren't under sweatshop conditions (unions made sure of that).

1. flagging != downvote

2. let YouTube take care of that

I feel like he was referring the Current Events and the state of the world?

Can you give an example of one of those "double layered" illusions? I.e., the view most people are fed, the view most intelligent people are fed, then the view you see?

It does matter. Monopolies are not "good for capitalism" if they prevent honest competition from battling the monopoly for business. If, as argued above, monopolies naturally "self-destruct" in favor of newer, more ferocious competitors, then regulation isn't necessary.

> All businesses rise and fall over time. The popular narrative that, unchecked by government, a business will eventually rise to absorb everything is not borne out by practice.

Interesting assertion, do you have any books/data to back that up?