Generational Dynamics World View News

[Navigator]

Its not just the layoffs due to AI. There is also the AI investment bubble. The home real estate bubble. The impending commercial real estate collapse. The motor vehicle debt most are carrying, on top of unprecedented household debt.

Then there is the world wide government debt.

None of this is reversable without a major economic downturn where bad debt has to be written off.

But then the super rich, corporations (or in the case of China the CCP) will not want this to happen as it would mean bankruptcy. This means having to put the economy in some kind of a holding pattern where the government can suspend normal economic activity. Hence a major war.

[Navigator]

The Zohran election in NYC is yet another manifestation that promising people free stuff will get you elected.

It doesn't surprise me anymore that people are dumb enough to believe this kind of stuff. The reality is that the rich will flee, the tax receipts will crater, and the city will find itself in bankruptcy. Meanwhile the non enforcement of basic laws will result in rampant crime, which is already at historically bad levels.

Extreme leftists have turned many cities into third world hellscapes that are supported by the taxes coming from non-urban citizens in the same state. If it wasn't for these funds, these cities would have completely cratered years ago.

[Trevor]

Well, we are officially in the longest shutdown in our history. I doubt it's going to end anytime soon, since many of the Democrats' main donors (wealthy, white liberals) are screaming: "Resist at all costs!" The shutdown isn't going to impact them much, so they have little to lose by keeping it going.

I can't say I'm surprised by any of the recent election results. Virginia and New Jersey are blue states and right now, Democrats have the motivation to turn out. Mondami is likely to end up being a gift for the Republicans, but since his opposition is a disgraced ex-governor, I'm not surprised the city couldn't stomach another few years of him. Still, his victory margin was a lot smaller than that of Eric Adams in 2021.

What I've never believed is that the arc of history goes in a single direction. I can't say I was a Charlie Kirk fan, but it's looking like Nick Fuentes may replace him. Unlike most, he is a far-right, Neo-Nazi, white supremacist, someone who has a massive number of followers. It worries me to see the likes of him gain such traction among the younger generation. There are some conservatives speaking against him, but not nearly enough.