alt Hacker News> the current paradigm of growth is ending, rather messily
There is zero evidence for this time being different. Instead, there is evidence of zombie leverage and corruption coming home to roost while the global growth engine shifts towards China.
> the current paradigm of growth is ending, rather messily
There is zero evidence for this time being different. Instead, there is evidence of zombie leverage and corruption coming home to roost while the global growth engine shifts towards China.
it is the first time we have harnessed all of the energy on the planet at once to power a single interconnected advanced system across continents. Mostly I'm drawing from a thermodynamics outlook[0]. previous collapses had unused high quality energy in other areas to fall back on. I'd love to read more about the growth towards China being sustainable in that sense.
[0] https://youtu.be/5WPB2u8EzL8?si=doERoIYuYZYHLAAZ