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Real Estate Crashes are How Wealth is Transferred at Scale.

"The state will not allow real estate to crash this time."  People said that last time.  Real Estate will crash toward the end of this year, maybe early next year.  The good news is that: everything else will follow it down and stay down while real estate will quickly recover lost ground and continue its onward march real estate is a little more than 50% of the totality of asset value in every economy This is how wealth is transferred at scale...from capital formation, into real estate. Always. In all times and all places.

Jealousy of Wealth Theory

I'm going to tell you about the social pathology called 'jealousy of wealth'. It expresses itself in the way all people are always jealous of those who have more wealth than they do. It matters little that they are already super wealthy or super poor or any iteration in between. If someone has more wealth than you, you are jealous of them.  It runs strongly from the poorest to the richest with the same intensity throughout. There are some people who are not as jealous of wealth as the general collective and these people tend to be those who have found a way to deal with death already or are on the way to finding out about it.   Imagine a poor African living on a dollar day. Then imagine a westerner living on what the planet savers call 'the poverty line'. The African would laugh at them - they are rich in comparison. Likewise for the same westerner spiting the billionaire. But the differential is the same. This jealousy pathology is encouraged socially but no one se...

Craig Wright, Bitcoin, the Power of the Narrative and Winning

Imagine The situation where a tribal narrative has power over large groups of people.  Remain obedient to the narrative and you will be rewarded.  While not being obedient to it will see them send you into exile. Do you want to win or do you want to lose?  I don't mean that you must obey the narrative per se, to win. I mean do you want to win or do you want to lose?  If you want to win, you must appear to be following the narrative and supporting it. If you want to lose you must visibly oppose the tribe and its narrative and they will send you into exile as punishment, to lose. If you insist on moralising and using your intellect and reading books, you will lose. That, is not obedience to the tribe. Is that the approach of a wise man? Being wise does not mean obedience. It means observing what is happening and not allowing ones worldview( your Master) to lead ones thought. A wise man will be obedient to the narrative nominally but will not be obedient to ...

Easter Letter on the Earth

You have yet to define truth? All that I can say I know is that I do not really know. About anything important. I may well know a lot about unimportant external things on the earth like Dr. Wright. But what use are they if I want to give my life, to find it? All that I can do is change myself and I can do that immediately.  I know for sure I can do nothing to change others. Not even by teaching, being a guru, coercing them forcing them or buying them. I do not have that power. Only they do. What He came to tell us is very much an internal activity, in totality. Anything which happens externally is of the world, worldly things. Which are not important. Everything else happens in the kingdom of heaven. Wherever that might be and whatever that is, it is not done externally here on the earth. If I believe external things like facts, reason and thought are truth then I still live in the earth and am still attached to these things and will not yet have decided to give up my life, to find...

A Myth is a Truth Which Cannot Be Told in Any Other Way

Think about conspiracy theories and why so many people believe them to be true, in such large numbers. Are they trying to tell you something in myth and symbol because they cannot tell you about it in any other way? The mythical story does not have to be directly related to the subject matter, that is the point of a myth - many people can find meaning in a myth when the literal sense is nearly always found wanting. And there can be many equally useful interpretations to each of these believers. I'm not saying conspiracy theory has any particular reliability. I am saying there is a huge proportion of the population who believe in them and it's a terrible mistake to ignore that if you are a wise leader and servant. Take quantum computing for a primary and topical exposition here. There is a huge myth and symbol being distributed by venture capital and some of the world's biggest corporations when they talk about cracking RSA2048 or SHA-256 - 2 of the most widely used ciphers,...