Random Quote

Assyria soon discovered a painful truth: empires are like Ponzi schemes… They must continue to expand if they are not to collapse.

 

-Paul Kriwaczek

Economics | Growth | Nation | Ponzi | truth

Related Articles

Academia values the appearance of truth over actual truth

Every single person who confuses correlation and causation ends up dying

Rentier

Rentier

Everyone Has a Plan Until They Get Punched in the Face

I know the resurrection is a fact, and Watergate proved it to me. How? Because 12 men testified they had seen Jesus raised from the dead, then they proclaimed that truth for 40 years, never once denying it. Every one was beaten, tortured, stoned and put in prison. They would not have endured that if it weren’t true. Watergate embroiled 12 of the most powerful men in the world-and they couldn’t keep a lie for three weeks. You’re telling me 12 apostles could keep a lie for 40 years? Absolutely impossible.

Remember the concept of the cleanest dirty shirt. We live in a relative world so if we misbehave and others misbehave more, we don’t get punished because we have the reserve currency and are the place where people outsource savings to. As long as we remain the cleanest dirty shirt, we will not be punished. If others become cleaner than us, we will be punished, but for right now we are the cleanest dirty shirt.