third world
hate this term. outdated and usually a cover for racism and chauvinism
“3rd world country” has lost all meaning for amerioids so many times its basically jibberish, but when i see people say
“The US is becoming a 3rd world country!”
what i believe they mean is
“The evidence of institutional failure, widespread poverty, and instability is too overwhelming to ignore anymore in the parts of the US I engage with.”
they say its dangerous to wake up someone walking in their sleep, so I don’t really know what to say to these people as they emerge from unconsciousness.
What’s the saying? To the oppressor, equality looks like oppression?
It looks like the world might be going to a defacto gold standard again. Gold prices have skyrocketed this year, and it is partially driven by central banks buying gold to avoid depending on the dollar. I think this is probably good for the workers of the world, even in the US. But imports could get a lot more expensive and that’s going to be bad in a deindustrialized country. So far, the dollar has weakened vs other currencies only a bit. The gold standard was dumb but the status quo is also dumb. The USA just a chain of potemkin asset bubbles pretending to be an economy.
becoming ?
I wish I could explain how this guy is one of the BBEGs of the memestock universe but it would take hours
fuck him anyway he’s a big hedge fund guy and conservative donor, but probably has more insight on this subject than most
🎉🎊