Comments by "Laurence Fraser" (@laurencefraser) on "Elon Musk sets WORLD RECORD....." video.
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@InfernosReaper For reference, it's a long established fact when it comes to public speaking, including (possibly especially) teaching, that if you want your audience to remember Anything you say, then you have to repeate it at least three times, presented slightly differently each time so that it is attached to more different things in their mind (but also so they're less likely to just tune it out as something they've already heard. The slight variation is important). And the more things you have to say, the more important that repetition is. Especially as people will, normally, remember only the last thing and, if you're lucky, the First thing, you said. So you get an opening that tells you basically the 'headlines', then a middle that repeates every single one of those (though normally with a lot more elaboration and detail), and then a closing that's basically a summary of the main points (not quite the same as the 'headlines' in the introduction, because it's less 'this is what I'm talking about' and more 'this is the most important bit I said about that thing')... except if the lesser details are important and need to be remembered as well, that middle bit will repeat itself a few times too.
I have a sneaking suspicion that this is part of the reason the videos end up long and repetative. Sure, it's probably not the Whole reason, but probably a contributing factor.
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@John_Lee_ not so much. Asset value isn't money you had to use, it's more a measure of the willingness of the banks to give you whatever arbritrary amount you want at any time. Once you reach a certain level of wealth, how much money you actually have becomes utterly meaningless, as you basically never spend your own money on anything except serving the interest on loans. The banks make more money on you paying interest than repaying the loans, and if you ever stop being able to pay the interest without paying the loan, they take your stuff, so so long as your stuff is still worth more than the amount you owe them and you keep paying the interest, they'll keep lending you money.
If your stuff isn't worth enough any more, but you can still pay the interest? well, they might require that you repay some loans before taking more, maybe.
So... yeah, so long as he can still pay interest and his stuff is still worth enough to the banks if they have have to collect in collateral rather than cash? he's still Functionally got exactly the same amount of money he had before: an infinity symbol rather than a number.
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@stripedcollar335 a 'dark age' is litterally just a period for which we don't have much in the way of written records.
We probably Are in a Cultural dark age due to the complete insanity that is modern copyright law in most of the world, but we're nowhere near the circumstances that lead to the dark ages in Europe.
In the north east, it was mostly that no one was really keeping records of most things yet anyway, in the west, the collapse of the roman empire lead to economic decline that meant that there simply weren't the spare resources to dedicate to specialists whose entire job was to keep records of stuff that didn't really matter all that much in the shorter term, as more people had to be farming etc. locally to make up for the collapse of the trade routes, and big cities couldn't fit enough farm land close enough to the city to do that, so a lot of the biggest cities shrank as people moved to... smaller cities and larger towns where that wasn't a problem.
Society as a whole didn't really Collapse, technological regression was limited and inconsistent, technological Development continued, etc. The biggest problem was probably that no one entity had the resources for most large scale engineering projects anymore. Fortunately the Romans built major infrastructure stupidly well (and even if they couldn't build on that scale, maintainence was still possible for more local entities) to the point where it was still highly significant in many places up until the world wars.
Mind you, the modern world would, in some respects, be a Lot harder hit by such a collapse of trade routes (heck, just look at the effect of recent disruptions), but we're still not talking complete chaos and collapse.
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