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disgruntledtoons
Zeihan on Geopolitics
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Comments by "disgruntledtoons" (@disgruntledtoons) on "Zeihan on Geopolitics" channel.
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The amazing part is how any economist who advocates for free-market policies could have seen this coming. It is likely that they would not have been able to make specific predictions, but one central tenet of free-market economics is that central planning always produces a house of cards, and the longer the central planning continues the greater the inevitable collapse.
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A centrally-planned economy is always a house of cards, because everybody is tied to whether the central planner's assumptions are correct. In the long term, they never are.
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We can't trust them because they no longer regard honesty as a sine qua non of journalism. They made that choice when they decided to be players in politics. The rot goes back farther than most people reading this have been alive.
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When I left California in in 1992, the state government was already a fountain of stupid. The laws passed by the legislators are pushing the smart voters out of the state, making a turn-around in the governing philosophy less and less likely to happen.
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