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balajis
@balajis.eth
The greatest strength comes from knowing your own weakness. My overarching thesis is that history is running in reverse. So the countries that had a great 20th century are on track for a tough 21st, and vice versa. For example: China, Russia, India, Eastern Europe were crushed by socialism. Now they are capitalist and unified to varying degrees. So their overall trajectory is up. Meanwhile, Woke America and Western Europe were once capitalist and unified. But now they’re woke with broken borders and bankrupt states. So their overall trajectory is down. Like Dalio and Elon, I believe the coming sovereign debt crisis will end 500 years of Western dominance (and also take down Japan). Failing states will get extremely nasty. I think China rises. I think the Internet succeeds the West, and opposes China. I also think Bitcoin Republicans can maybe turn Florida into a Taiwan equivalent, where capitalists take refuge. But most aren’t ready to hear this. They still think the postwar order will last.
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Luffy
@hinhuk
Any 3rd world countries will rise too?
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balajis
@balajis.eth
Latin America under Bukele and Milei is rising. The new tech-friendly Middle East of Saudi and Dubai isn’t really “third world” but it is also ascending. Southeast Asia is doing quite well too. Vietnam rising. And Indians rising, even more than the Indian state itself.
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kvk
@kiranvk.eth
Is India going down? Are hopes only on emigrants leaving India?
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balajis
@balajis.eth
The Indian network is doing amazing. That'll be 10/10 this century. By this I mean the international Indian diaspora. But the Indian state is also doing well. Maybe 6-7 out of 10? Two steps forward, one step back sometimes. Broadly on the way up.
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kvk
@kiranvk.eth
Don't you feel that countries like India or China maybe projecting a growth trajectory because they are over exploited for raw natural resources? With the latest landslides and other natural calamities, don't you think the growth is not reflecting on the middle-class residents maybe leaving the country or filling only some pockets?
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