31 sats \ 0 replies \ @knyght 1 Mar \ parent \ on: Sweden: Bankruptcy record in February econ
failing economies and wars go hand in hand. still don't believe European politicians are eager to go to war. if it was true, military spending and production would have already been larger chunk of the previous budgets.
Europe is changing with times.
at this point there's too much geopolitical risks to not boost military spending.
at the end of the day: printer go brrr
yeah, i've been using muun a bit. during high fee environment it's definitely awful experience.
i would like to switch but muun is the easiest and quickest way i know to switch on chain sats to lightning network (sending to a LN wallet). i don't like keeping too many sats on a ln wallet.
i know there are swap services but there are more steps involved.
prob need to find an alternative.
I couldn't finish The Sovereign Individual. It's so detached from reality. World is built with physical resources and somebody is gonna fight for it and one individual will never win an army.
Cybereconomy is a real thing but it's not the whole economy.
2/3 done. slow at first but the empire cycle, comparisons and historical background is very useful and interesting to learn about. also reminds you that there are so many factors playing through out society and the world. especially the growing wealth gap that's kinda built in the system and needs to be delt at some point.
Ray writes that basically the only way for an empire to keep the relative power longer is to be more productive and not get complacent and decadent. fair point. but i think it's a pretty crazy proposition to think that you always have to work harder and smarter to deal with the money printing.
bitcoin seems a more balanced system. still prob won't solve global competition for wealth and power.
reading the book rn.
not sure the next huge money printing has started. i think the rates have to go down before.
also the internal conflicts seem to not have started. maybe avoidable. but it's hard to pinpoint looking from outside.
GENESIS