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Yuri Bezmenov's avatar

Thank you for insightfully explaining the warning signs, Ted. The biggest risk is not taking one. Our culture, politics, media, academia, and big tech AI are all spewing the same copy pasta word salad. They have endless cash thanks to monopoly positions, shadowy NGOs, and subsidies from we the taxpayer. Something has to give. Buckle up, we will experience much turbulence as we try to escape the doom loop or get dragged into the Communist abyss kicking and screaming.

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Jim Frazee's avatar

I'd be just as concerned with hyper capitalism and its disciples such as Musk, Bezos, Gates et al who don't pay their fair share of taxes, and even more concerned about the runaway military industrial complex that has drained the US since Eisenhower warned about it in the early 60s.

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Jerry Kennedy's avatar

Fair share is absolute political trope. The progressive media doom loop working well.

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Jerry Kennedy's avatar

My intuition says follow the money supply and monetary policy, I don’t know much about the theory of it all . It seems to be incredibly debt and deficit heavy . Both sides are ignoring it right now. Will probably be a painful crash and burn.

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Deep Turning's avatar

Yes, we're following along patterns established for their own reasons long ago. We've lost any sense of what those original reasons were and just keep running in place, because we're too scared to think of something possibly risky but better.

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Aug 3
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ikester8's avatar

Debt repudiation? Noncompliance? Peaceful resistance?

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Deep Turning's avatar

Ending the radical monetary policy that started in the late 90s. These policies have led to one bubble after another and history's most extreme asset inflation, making housing, college, having children, etc., unaffordable to younger adults.

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Kaleberg's avatar

Accepting higher inflation like a 3% target.

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Mari Amman's avatar

This is true! I just found a communist propaganda group poster in Oslo yesterday! 🤯😱

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Jim Frazee's avatar

That might be the case since almost 20 percent of Norwegians vote communist, though they are truly more radical socialists. In fact, the current labor party government is dependent on SV, a communist party, to pass its legislation. The government has been a flop since day one, and will be voted out in the next national election in 2025.

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Svein-Gunnar Johansen's avatar

Big deal! The government is ALWAYS voted out in the next national election. This is a natural law in a democracy where moderate centrists are always unhappy with the current politics, no matter who makes it.

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FL's avatar

SV are not communist, they are democratic socialist.

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Jim Frazee's avatar

They are communist and they admit it. 'Democratic socialist' is just a euphemism, and as George Carlin once said, soft words.

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FL's avatar

George Carlin was a comedian, and a bit of a one trick pony so I’m not sure I’d use him as a reference for political definition. In your post above you make a distinction between communists and radical socialists, but you’re insisting that democratic socialists are the same as communists? I think that’s a significant contradiction.

All of that aside, why does working with another party to pass legislation make the Labour Party a flop?

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Jim Frazee's avatar

Well, 'democratic socialists' is a contradiction in terms. Working with SV, or with Rødt for that matter, sends about the worst signals possible to the rest of the world, and one of several reasons the Norwegian krone is now a junk currency.

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Deep Turning's avatar

Oh yes, I've said that many times over the years. Sometime, taking a risk is just that. Other time, when decay and disintegration threaten, *not* taking a constructive risk is a big risk in itself.

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Todd Scherz's avatar

Refer to this and the people running these companies that are afraid to innovate (and don’t feel compelled too) as living in a “velvet coffin.” Francis Frei HBS credit

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