1) West has made its 'wealth' by strip mining resources from︂ one poor country, exporting them to another country, utilised the work force to manufacture something︃ *under IP* then sell that to another country or at home.
That system is broken︄ and isn't coming back (Globalisation) having said that the Moonsoon Region is hitting peak expendirture︅ demographics (watching India's credit impulse as much as China). Which covers Kenya through to the︆ Philippines.
Some of the countries are on the wrong-side of the monsoon demographics so will︇ see a slow down and move towards more socialism aspects (Thailand for example).
Others will︈ have a lot of opportunity / wealth generation, the US is trying to work through︉ Australia in the monsoon region to have a mini-globalisation pad for that reason as worldwide︊ globalisation has ended.
As for the 79% - this is kinda of irrelevant, a key︋ example, a house in the West lets say 500-1.5m average, in Asia a house on︌ the beach or beach region is generally sub 50k.
So sure there will be sea-level︍ rises (i will be directly impacted with a meter rise) but typically the impact is︎ marginal except in a few major cities which are already moving or considering (Bangkok ->️ ChiangMai), Jakata -> (can't think of the name) etc but with the construction style/costs the impact in asia (concrete/rebar is marginal) -> just continues the river sand boom out of Cambodia.
Ref the Temperatures, in Swiss the glacier above me has melted, in Thailand haven't really noticed any impact, also looking at the science behind Global Warming, and the history looks more like a cycle that plays out every 150 or so years.
In Victorian times the state didn't provide pensions, health, education to it's own population︇ predominantly in the West (the kids were working) - which forced the Governments to debase︈ the currency by printing the difference, you also didn't have mass-migration which put more pressure︉ on state based resources.
Whilst also taxes were remarkably low, property was affordable as the︊ Government wasn't routinely debasing the currency, life was hard but otherwise easing -
Brexit Accelerates︋ the British Pound’s 100 Years of Debasement
As for unequally distributed then ->Capitalism, today the︌ last time i was in the UK, i was paying something like 50-70% in taxes︍ in some form or another, and even now as a non-resident, non-citizen i still pay︎ 0.5% worldwide wealth tax to a state in Europe i haven't visited in 4 yrs️ which is distributed to things that don't directly or indirectly benefit me.
In Asia i pay 0% tax up-until this year, from next year a gradual tax rate based on remittance (which will likely be around 5% when all said and done due to deductibles).
I think you need to look at social media from the perspective of how its being controlled to stop descent, and manipulate the talking points/focus, and utilised to︀ manipulate the individuals using it to redirect their attention.
That's a pure sign of 'socialism'︁ getting it's claws in, alongside authoritarianism
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Side note the last time i looked at︂ France, around 2017 there was something like 73% of the population on some form of︃ government handout.
As for communism / socialism - authoritarianism
I think we only need to︄ look to the laws enacted to tackle the Russian wealth in our countries and how︅ these are now being used against every day citizens,
Setting that aside Roman Abrovamich a︆ friend of the family was his PA - what they did to him is a︇ pure sign of similar mechanisms as utilized in China, the arguments being put forth by︈ governments for a CBDC on internal memos and inter state agencies are akin to the︉ same motives in China..
As for communism / socialism - authoritarianism
I think we only︊ need to look to the laws enacted to tackle the Russian wealth in our countries︋ and how these are now being used against every day citizens,
Setting that aside Roman︌ Abrovamich a friend of the family was his PA - what they did to him︍ is a pure sign of similar mechanisms as utilized in China, the arguments being put︎ forth by governments for a CBDC on internal memos and inter state agencies are akin️ to the same motives in China..
I suspect we will have a era of CBdCs regardless and it will take 39-50 years before a revolution succeeds and revert to hard assets including Bitcoin as the shackles of bigger government come home to roost and the layman rises up finally.
