31–40 of 88 posts
Earlier quoted context omitted.
> It's also the end of the post-08 crash era and the start of the post-20 crash era What crash? SP500 hit an all time high on Friday.
The Fed printed 40 cents for every dollar that existed in March: https://www.dailyhandle.com/the-government-has-printed-40-ce... Expect all-time-highs in many things as 40% inflation goes trickles down, now that the velocity of money has stopped crashing: https://fred.stlouisfed.org/series/M1V
Earlier quoted context omitted.
> Something else could easily eclipse Covid-19 I doubt people will talk about Covid-19 much at all by the end of the century. The 1918 flu was much, much worse in total number of deaths, and even worse when you consider how many fewer people existed at that time, and it killed people in the prime of their lives. And by the year 2000 very few people knew about it at all.
I wonder if there wasn't something else going on in 1918 that perhaps eclipsed it in terms of importance.
The 21st century's "true start" was on New Year's Eve, 2000. Of course, I realize he's talking about defining events that delimit major changes between the previous century and its successor. And more specifically, major changes in what Thiel cares about, like financial markets, start-ups, monopolies, and money in general. But, really, we're only 20% into the century. Something else could easily eclipse Covid-19 even…
Of course we don’t know the long term effects Covid is going to have yet, we’re still in the middle of it.
The 21st century's "true start" was on New Year's Eve, 2000. Of course, I realize he's talking about defining events that delimit major changes between the previous century and its successor. And more specifically, major changes in what Thiel cares about, like financial markets, start-ups, monopolies, and money in general. But, really, we're only 20% into the century. Something else could easily eclipse Covid-19 even…
The 21st century's "true start" was on New Year's Eve, 2000. Of course, I realize he's talking about defining events that delimit major changes between the previous century and its successor. And more specifically, major changes in what Thiel cares about, like financial markets, start-ups, monopolies, and money in general. But, really, we're only 20% into the century. Something else could easily eclipse Covid-19 even…
Something else could easily eclipse Covid-19 even within the parameters of what matters to Thiel. Did WWI define the 20th century, or was it WWII? I think WWI demarcates the 1st of a series of really big, interrelated events. I suspect Covid-19 could be the 1st of a series of really big, interrelated events.
The 21st century's "true start" was on New Year's Eve, 2000. Of course, I realize he's talking about defining events that delimit major changes between the previous century and its successor. And more specifically, major changes in what Thiel cares about, like financial markets, start-ups, monopolies, and money in general. But, really, we're only 20% into the century. Something else could easily eclipse Covid-19 even…
Sorry but no. "It began on January 1, 2001, and ends on December 31, 2100" https://en.wikipedia.org/wiki/21st_century
The 21st century's "true start" was on New Year's Eve, 2000. Of course, I realize he's talking about defining events that delimit major changes between the previous century and its successor. And more specifically, major changes in what Thiel cares about, like financial markets, start-ups, monopolies, and money in general. But, really, we're only 20% into the century. Something else could easily eclipse Covid-19 even…
> Something else could easily eclipse Covid-19 I doubt people will talk about Covid-19 much at all by the end of the century. The 1918 flu was much, much worse in total number of deaths, and even worse when you consider how many fewer people existed at that time, and it killed people in the prime of their lives. And by the year 2000 very few people knew about it at all.
It is still a little shocking to me that Peter Thiel can be quoted in mainstream business publications without any note being made of his quite open support for white nationalist hate groups. Not far off from quoting Albert Speer as an architecture critic!
He is genuinely a nut in the John McAfee class.
2020 really is a year of phase change (or in Thiel-like terms, a node point through which a number of trends pass through).
If you can correctly predict which issues will not revert to status quo ante (retail, remote work, delivery, retrograde fear of science, class stratification, or something nobody else yet sees) you can have influence, riches, and/or a lot of fun.