the west is failing because (you) aren't breedmaxxing what you're seeing in the western world is the math catching up with everybody. if you understand how a ponzi scheme works, and i know some of you do. for those of you who don't, let me just break it down briefly. a ponzi scheme works like this. you offer somebody, hey, give me $100 and 90 days, i'm gonna give you $150. and then they're like, that's a great investment. my god, 50% for 90 days, that's a lot. so they do that. and if you get a bunch of people to do that -- and then you give the first people in their return and stuff, and they keep reinvesting and reinvesting and reinvesting. the theory is, if you just keep it going long enough that somehow it'll all work out. no it won't. ponzi schemes work only if you're adding people. what happens when you stop adding people? now, let's apply that to the broader economy in the western world. and about 93 countries that are in a demographic decline. ponzi schemes work if you're adding people. what are people not doing right now? they're not adding people. they're just not. the baby boomers are so named because they were a boom. it was an exception to the rule compounded by people living longer and having easier lives. they're not having to expend all of their energy trying to survive. my dad is one of five children. my mom is one of eight. my wife's mom is one of nine, and my wife's dad is one of six children. so that means you're not adding enough people to the back end of that to keep this ponzi scheme going. okay, this is what happens with something called compounding of interest. this is why there is no way to pay any of this debt off. this is why your dollar is a debt instrument, by the way. it's a mathematical certainty that it's going to lose its value because of this. it's a debt instrument. (1/?)
United States