That musky scent
December 18, 2024•41 words
The median net worth of an individual in the US is about $200,000. Elon Musk is about two million times as wealthy.
He has already bought power in the US and he is now planning to buy power in the UK.
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Parasite
December 14, 2024•288 words
If I was a financial parasite who had become very rich by extracting wealth from a society, I'd be a bit worried about current demographic trends. Birth rates are very, very low: population decline in many wealthy countries is imminent or already happening. And population decline, other things being equal, means relatively more old people: people who need care and financial support coming from a relatively smaller number of young people.
What this smells like, if it continues, is either econo...
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