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Nick Astley /
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2024-11-29 18:01:14

Nick Astley on Nostr: The core assumption of the technocrats is that oligarchs will be able to leverage the ...

The core assumption of the technocrats is that oligarchs will be able to leverage the planet's population to save themselves as the biosphere collapses

The reason that's a shitty assumption is they've built their entire house of cards on leverage and the one thing under-pinning all of that leverage is sales projections. That's why the pandemic scared the hell out of them: debt and equity are extremely fragile.

The subsistence farmer will outlast them - a Starship will only be good for shelter
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