manishader

Late stage capitalism is just economics and philosophy for unlearned people who haven't read much or had much education in economics or philosophy.

Imagine believing in historicism in 2024. It is even dumber than believing in witchcraft or horoscopes.

Our language really needs a new word for what is meant here by "religion".

The word "religion" brings so much baggage with it that it just causes a cascade of communication errors in this context.

Pareto when translated from Italian to English called this "non-logical conduct" and "sentiments" but after a 100 years no one seems to care much about this aspect of Pareto's thoughts.

Sentiments would be a great word for it though instead of "religion".

Woke sentiments instead of "woke religion".

The concept of identity sentiments might even be a little bit of progress.

I don't know, about 15 years ago I tried therapy for anxiety/depression.

The 1st one asked me the most basic nonsense and then told me she thinks I just drink too much coffee so I didn't go back.

The second one told me they don't believe in medication so I never went back.

The 3rd one diagnosed me with seasonal affective disorder in about 5 minutes, gave me a little prozac and changed my life.

I suspect there is an overwhelming amount of terrible therapist.

I don't think the challenge is finding a good therapist but in not getting stuck with a terrible therapist or letting a terrible therapist ruin the whole idea of therapy.

If 1989 had gone in a different direction and China today is just a giant version of Taiwan, how would that possibly be better as an American? We would all be trying to figure out how to get paid in digital Yuan.

Instead they have huge manufacturing capacity sitting on top of a completely busted financial system. Look at the returns of Chinese equities vs GDP growth the last 20 years. It is completely absurd.

The financial system is imploding right now, trying to find a place to hide https://tradingeconomics.com/china/government-bond-yield

There is also the USS Zumwalt type problem.

We spent $22.5 billion to get two active.

Imagine what $22.5 billion USD buys in Chinese manufacturing capacity.

If you can't tell Confessions of an Economic Hitman is a work of fiction I don't know what to tell you.

It is because the chance of the right answer goes down exponentially as the complexity of what is being asked goes up.

Asking a simpler question is not voodoo.

On the other hand, I think many people are trying various rain dances and believing it was a specific dance that was the cause when it happened to rain.