I have come to realize that it is necessary to put most of the foreign men into poverty, rather than argue with them. That is why a new altcoin that defeats Bitcoin (and takes over the world) must be launched very stealthy in a way that most of the naysayers will not profit from it. Because we don't want these myopic people who lack sufficient technical skills to have capital in the new knowledge economy coming, as they would retard its potential. It has been one of my strategies to piss as many people off as I could, so they would ignore me and thus miss out.
It is impossible to argue rationally with someone who ignores the facts presented upthread.
For example, we have the $150 trillion global debt, the roughly $1000 trillion in unfunded social welfare promises from governments, and another $1000 trillion on top of that in derivatives to keep it all propped up by causing interest rates to decline and the 30 year bond bubble (see chart on first page of the thread).
Eventually we run out of other people's money to spend, then the collective cancer known as democracy or government enters megadeath mode as it must extract blood ($) from a turnip. Nazi Germany is one example, the 57 million shot in the back of the head during China's Cultural Revolution (which was really about economic failure) is another, and we have these repeating examples throughout recorded history since Mesopotamia. These totalitarian despots rise to power when the populace becomes desperate to extract blood from a turnip. For example, how Hitler printed his own money and started massive infrastructure projects, e.g. the Autobahn, and universal healthcare (now we have Obamacare, so
we don't have to pay for anything anymore). By the time they ran out of other people's money (printing money from thin air), they were culling the weak in order to afford their "universal" health care.
Europe now has universal health care, lifetime employment guarantees, 37 hour work weeks with 1 month paid vacations, etc. and the megadeath is coming. Europeans are in the same delusion as
this mother of 15 who lost her kids to the state because she was depending on the state. Eventually the cancer eats itself, because we run out of other people's money. Now the Americans are falling into the same cancer that razed Europe in the early 19th century, with a repeat underway.
The only thing that has ever rescued society from itself, is technology that opens new paradigms for efficiency and to escape from the dying cancer of each gruesome bout of democracy.
Yet you are taught that democracy is good, because you are ignorant cows. And this is why you are dominated by the elite who serve the role of harvesting you when you are fattened with debt, as explained in the upthread cited generative model that Eric S. Raymond summarized.
Even the developing world is fattened with debt and they feel they are riding high. For example in the Philippines where I am there is a massive expansion of debt to race to build out gas stations, malls, condos, subdivisions, and retail. They have sent 10% of their population overseas to work and call centers are flourishing. Yet this is just bubble, as the OFWs will lose their incomes when the global debt bubble implodes. For example, the Hong Kong real estate market is up 600% in a decade, and these middle class Chinese families can afford filipina maids, all pumped up with debt. Of course that real estate market will collapse and they won't be able to afford maids any more. Ditto call centers where they are finding out that the real productivity gains were coming from automation, not from these workers in India and the Philippines whose
education is no where near the level to create innovation in the high tech knowledge age (innovation is what drives profits not robotic employees). You've got the Philippines economy pumped up with debt driving a highly unbalanced consumer economy with manufacturing base halved as a percent of GDP in the past decade.
47% of all existing jobs to be replaced by automation:
https://www.google.com/search?q=Oxford+study+predicts+job+loss+computer+automationEconomist magazine explains most of the gains for corporations were due to automation, not the outsourcing:
http://www.tutor2u.net/blog/index.php/business-studies/comments/is-outsourcing-about-to-go-into-declineSo outsourcing is declining and in some areas reversing:
http://www.americanbazaaronline.com/2013/01/18/outsourcing-to-india-will-stop-by-2022/https://www.google.com/search?q=outsourcing%20declinesActually the Philippines economy is highly unbalanced and will collapse in 3 years, as well the global economy will collapse and most OFWs will come home:
http://www.forbes.com/sites/jessecolombo/2013/11/21/heres-why-the-philippines-economic-miracle-is-really-a-bubble-in-disguise/