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The longer term problem is that at some point the peasants revolt. Right now it's all bread and circuses and racism (outright slavery not being acceptable yet), but that is not a sustainable path. Especially when you have climate change and the Asian economic systems coming along. It's just a matter of what breaks down first.

My guess is that it's the economies in both the UK and the US. The UK because of Brexit and the US because of completely strategy-free economic policy.

by asdf on Tue Sep 22nd, 2020 at 05:39:18 PM EST
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Oh the Ueberklass has a strategy all right: How much can we steal before it all falls down?
by rifek on Wed Sep 23rd, 2020 at 04:53:23 PM EST
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"That's the thing about money:  It's just electrons on a computer balance sheet.  It's easy to move it to another jurisdiction, and there is always a jurisdiction that will give you a tax-advantaged transfer."
by asdf on Wed Sep 23rd, 2020 at 10:16:21 PM EST
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