The future has arrived, but it’s not quite what we envisioned. One major letdown of the 21st century has been the absence of flying cars, which were supposed to be emblematic of our technological advancements.
This sentiment was poignantly articulated by PayPal co-founder and early Facebook investor Peter Thiel, who remarked, “We wanted flying cars; instead, we got 140 characters.” The mention of “140 characters” refers to Twitter’s tweet limit, which many see as a shallow substitute for meaningful communication.
Indeed, Twitter pales in comparison to the marvel of flying cars, and its brevity often leads to a decline in genuine conversation. Instead of engaging in thoughtful debates, Twitter tends to facilitate trivial comments from public figures, including members of Congress and even the President.
Nonetheless, hope remains on the horizon. The concept of the flying car is inching closer to reality with the introduction of the IFO (Identified Flying Object), a proposed two-seat drone resembling a UFO. This innovation promises not only flight but also enhanced safety. Continue reading
As the ancient Chinese saying goes, “May you live in interesting times.” Without a doubt, we find ourselves in such times, where each day brings surprising and often disheartening headlines that reflect a world spiraling into absurdity.
Just this week, U.S. Representative Maxine Waters tweeted, “Get ready for impeachment,” apparently aimed at President Trump. However, the lack of clarity in her message left many wondering what actions were expected of him in such a situation.
Should he prepare his luggage? Tie his shoelaces? Offer a prayer?
Ultimately, the specifics are irrelevant in today’s climate. It seems that style has become more significant than substance. This cultural trend explains why figures like Waters, whose contributions may leave much to be desired, gain prominence in the chaotic narrative of the early 21st century.
Simultaneously, the importance of individual identity has been overshadowed by collective statistics. Economists quantify the unemployment rate with selective omissions, treating it as a significant indicator. Unfortunately, many, including Waters, accept it as absolute truth, disregarding the individual stories behind the numbers. Continue reading
A troubling conundrum has emerged within Western economies during the 21st century. While Gross Domestic Product (GDP) has continued its upward trajectory, government debt has ballooned at an alarming rate. Traditional economists seem perplexed by these developments.
In the United States, since the dawn of the new millennium on January 1, 2001, real GDP has surged from approximately $10.5 trillion to $18.6 trillion, a remarkable 77% increase. In stark contrast, government debt has skyrocketed nearly 250%, from roughly $5.7 trillion to $19.9 trillion. Clearly, a reckoning is necessary to restore balance to our economic landscape.
Throughout this prolonged phase of economic instability, the government’s remedy for revitalizing the economy has been to borrow and spend. So far, these attempts have resulted in a deepening economic pit from which we may find it difficult to escape.
In brief, the accumulation of government debt during this period has yielded diminishing returns. Continue reading
There’s a nostalgic charm in the early morning crow of a rooster, particularly when heard from a quaint farmhouse in a warm country. This rural sound evokes an ambiance perfectly suited to its natural surroundings, yet loses its appeal in urban settings.
Today, however, our morning was abruptly interrupted by assertive rooster crows not from a traditional barnyard, but from rooftop coops in a bustling neighborhood of Mexico City.
We find ourselves on Calle Norte 86 in Colonia La Malinche, located in the Gustavo A. Madero borough of Mexico City. Our reasons for being here are twofold.
First, we are visiting a mix of in-laws and outlaws who reside in the area. Second, we are conducting research on the effects of excessive government borrowing and the subsequent attempt to ease debt burdens through currency inflation. Continue reading
