Hope is rarely lost. It just gets shifted to less and less likely outcomes. Part of the reason I don't like the phrase "financial nihilism". People haven't given up, they just either adjust their sights to higher risk bets or shift to hoping that the government will continue sending them checks since that's a more likely outcome. And so more degens are minted on one side, while more communists are born on the other.
That is a perfect description of the "financial extremes" our culture is currently cooking in. To help people meet in the middle, though, we need to keep preaching the virtues of self-responsibility, critical thinking, how adding value to others... Is ultimately where "wealth" is born.
True and an alarming development. But just wait for the horde of discontented, unemployed individuals displaced by robots. We will be lucky if all they do is gamble. They could join the systematic no' consequences looting already bankrupting American stores.
I agree with your message that gambling is a negative and unfortunate aspect of our current lives but why badmouth it and then come back and support it through a sponsor of yours (BetOnline, which is also an offshore sportsbook/casino)?
Here’s the really sad thing: everyone who holds fiat currency is gambling… that their respective governments won’t continue to debase their currencies. As George Bush Sr said: “ Ain’t gonna happen.”
I appreciate your sentiment. And I applaud your tireless efforts to expand wealth creation to everyone. The Fourth Turning is well and truly underway.
If, as you wrote, “YOLO and FOMO rule the day. Such a sad reality.”; why is a gambling site the 3rd podcast sponsor listed below your post?
Hope is rarely lost. It just gets shifted to less and less likely outcomes. Part of the reason I don't like the phrase "financial nihilism". People haven't given up, they just either adjust their sights to higher risk bets or shift to hoping that the government will continue sending them checks since that's a more likely outcome. And so more degens are minted on one side, while more communists are born on the other.
That is a perfect description of the "financial extremes" our culture is currently cooking in. To help people meet in the middle, though, we need to keep preaching the virtues of self-responsibility, critical thinking, how adding value to others... Is ultimately where "wealth" is born.
True and an alarming development. But just wait for the horde of discontented, unemployed individuals displaced by robots. We will be lucky if all they do is gamble. They could join the systematic no' consequences looting already bankrupting American stores.
A depressing note, but from death comes life. Happy Easter Anthony!
I agree with your message that gambling is a negative and unfortunate aspect of our current lives but why badmouth it and then come back and support it through a sponsor of yours (BetOnline, which is also an offshore sportsbook/casino)?
Love reading your stuff. Thanks for free content. 👍
Here’s the really sad thing: everyone who holds fiat currency is gambling… that their respective governments won’t continue to debase their currencies. As George Bush Sr said: “ Ain’t gonna happen.”
Sooo which memecoins are you plugging??