Month: February 2026

I saw this tweet, which I will copy verbatim: Seems like a good model that every Great Man gets there through some combination of Money, Power, and Status (in the right crowd), and all 3 of these are basically impossible to get simultaneously, causing the Great Man Sadness Epidemic Elon has Money, but is constantly… Continue reading “Wealth inflation” has led to “elite overproduction”

With Bitcoin at $65,000 this morning–a decline of 50% from the highs just 4 months ago–as never tire of saying–I was right again. Analysts have drawn comparison to 2022, when Bitcoin fell 75%, but this is a worse situation, as I cover in my post “The Real reasons Bitcoin is Falling so much”, published on… Continue reading Right again: Bitcoin the victory lap edition

There is a common narrative, typified by a recent article from UpWorthy “Gen Z is the first generation less cognitively capable than their parents,” that young people are universally coddled, incompetent, or lack conscientiousness. Maybe this is true for some, but I would submit for the top tier and the ‘aspirational class’, it’s the opposite.… Continue reading The strivers were right all along

The high-low dichotomy is seen in the MAGA vs Fuentes split. The idea is that in every political movement, there is a split between language and believes that are coded as high status, versus low status. Or how there is a class split between competing factions of the same broad ideology. Although the usual framing… Continue reading ‘America First’ is more about making America like the EU