MrRenev

End of an Era

Short
TVC:SPX   S&P 500 Index
West Europe & the Middle East have been taking turns as richest countries and most advanced nations, Turkey has always been near the top but never at the top, China was always around the middle (except around their communist cultural revolutions when they took a nosedive to the bottom, and probably also when they built a great wall and isolated). Don't have all the numbers sadly and it's a huge job to study all countries. Africa had a long period where it had the same GDP per capita as europe countries except Italy, India a few centuries back when it had an upper caste that exploited the lower ones was as rich as europe per capita (the upper caste was much richer, and lower caste poorer). Today India & sub saharan Africa (and Afghanistan interestingly) are the most diverse places in the world and they also are the poorer, most underdeveloped, with horrible parasites and viruses and bad hygiene etc.

Sec, I have to pay the idiot tax:
I am not debating ethics and wokeness and all the tender feelings stuff so please don't cry.
Just looking at it from an economic perspective. Racism is bad and emm... I am writting this to show how bad racism is and bigots refuse to include people of different cultures in their countries. I am frowning right now.

Those are quotes by the WashingtonPost:
"Diversity correlates with latitude and low GDP per capita."
"Strong democracy correlates with ethnic homogeneity."

You can read about it here:
www.washingtonpost.c...y-diverse-countries/
www.washingtonpost.c...-conflict-professor/

If the washington post can mention this then so can I. Don't shoot the messenger.




We can see that advanced empires have fallen with east asian invasions that just had such enormous numbers, as well as following migration periods that brought diversity.
Like it or not, diverse and equal countries are the poorest. Diverse countries even if they manage to get out of poverty will have 1 group perform more poorly and get jealous and blame racism or something. That the differences are produced by ethnical or cultural differences idk & idc, I'd say mostly cultural I guess.
It ends up in 1 group exploiting another, or genocide, or civil war...
North Africa is working on defining their culture at the moment. With the great depression they'll surely want big changes.


I'm not going to start a research paper let's keep it short (enough).

1- Diverse nations are poor nations with alot of problems (added financial risks). Bad investments.

2- Homogeneous nations that have good relations with other ones and are open to commerce, exchange, etc (just not migration/mixing) become the most advanced & richest. Just because they are united and close their borders to migrants doesn't mean they can be open and have good relations with other people that have different cultures -- in their own country.

3- We are in a transition period with no big dominating power at the top (China and India are always their own continents, and the USA is just a transition power).

4- West Europe to an extent and the USA to a bigger extent have now past threshold diversity numbers, and are trying to treat different groups just the same, same laws same rules same behavior etc, and even expecting the same outcome because they are extremely delusional. It is not working out at all.

5- Just like with socialism "real diversity has never been tried". Delusional people will keep trying to make it work.... It works for some people of the different groups, so that'll keep them hopeful I guess. Most of the people of the different group that made it are in opposition to those that want to include their group... funny...

6- Exploitation has been profitable (but doesn't mean it's the only way). Exploitation by an upper ethny/caste exploitation of the lower one, or also you know... capitalism.



Outcomes:

- The USA is going to zero.

- In West Europe migrants might go home as the area gets poorer/more dangerous, but west euros want:
+ To keep having very low fertility rates
+ To keep living longer
+ To keep the same retirement age
+ To keep their purchasing power and not get a lower retirement
==> Only solution is important working age migrants, to delay the explosion of the social ponzi scheme (retirement in particular)

- In the USA there can be several outcomes, segregation, NSDAP, race war, dismantlement of the Union, secession of the west coast, creation of a black state somewhere, country gets poorer so illegals and some blacks leave. But either way there will be major changes, and stonks go down (at least inflation ajusted).

- New world order is a guarantee now.

- How about we go back to nice city states?

- Probably will mark the end of socialism and capitalism.

- Don't invest in stupid utopia countries or delusional "multiculturalism is our strength". Except if you want to lose your money while showing certain people you are morally superior.


Interesting population numbers:


Short for now. The USA pyramid scheme is coming to an end AND they are also having to face their multiculturalism problems. Everything going big boom 🔥🔥🔥.

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