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RE: Money Worked

in Finance and Economy4 days ago

I am not so sure about the grizzly death of the current system. As they say the more things change the more things stay the same. I think there will be changes to the current system and there are always changes so the system will keep evolving but fundamentally nothing will change. There still will be an extreme concentration of wealth in the hand of very few, just like there have always been.

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Most likely, it will go through another round of false improvement, similar to 2008. The death is going to be another revolution, this time at a global scale.

That is hard to imagine another revolution at a global scale. How far in the future do you see it happening and what the triggers might be?

I think each round is getting closer together and more abusive, so perhaps within 15 years. I reckon we are seeing some of the triggers now, with the way Covid was handled, and now how the trade is being handled. It sets up a huge amount of social unrest in a population that is already struggling and unable to manage themselves. It gets violent.