Between 2008-2010, during the depths and aftermath of the financial crisis, pundits envisioned that the ‘old’ status quo would be replaced by a more egalitarian ‘new’ one of less wealth inequality, as well as slower economic growth and asset price stagnation, which some called ‘the new normal’. With the U.S. stock market and and U.S.… Continue reading Fallacy of Composition
Tag: economy
The Trajectory of America
From Social Matter: SWPLs, Amerikaners, The Alt-Right, And The Coming State This passage stood out: The system is decaying and unsustainable. It is increasingly liquidating a limited pool of capital to keep the economic charade going, while all the real productivity, and the culture of hardworking self-reliance that goes with it, goes overseas. See one… Continue reading The Trajectory of America