There are also more scientists and engineers alive today than have lived in all earth’s history combined. So when they deploy that capital, they can do magic things.

Posted by libertylad 8 years, 4 months ago to Business
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Interesting discussion on resources, investment, and western culture.

"There are also more scientists and engineers alive today than have lived in all earth’s history combined. So when they deploy that capital they can do magic things.

So that’s cause for optimism. That’s wealth creation.

On the other hand, you’ve got the ‘state.’ It’s the most stupid idea humanity has ever come up with. Formalized bureaucratic governments are very active in destroying wealth. Who’s going to win? I don’t know."
SOURCE URL: https://rickrule.liberty.me/rick-rule-doug-casey-severe-but-survivable-reckoning-ahead-for-the-u-s/


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