He says other empires have fallen before for these reasons and so we will fall for the same reasons. Issue is where is the alternative empire? fwiw, Balaji has the only credible alternative in that we move to a more decentralized world that's less nation state oriented. Not sure I agree, but at least an alternative.
Doesn’t that mean that the empire will fall and the new empire is the internet?
What do you think of the idea (by Gromen, etc) that USD doesn't lose reserve currency status but treasuries are no longer the reserve asset? So the US empire wouldn't be replaced, but the standing of all sovereigns would diminish. A multi-polar world where sovereign fiscal policy has a smaller impact on our lives.
I like Chamath’s point here and the rest of them aren’t smart enough to get it, he’s literally telling them all to think in a higher dimension and they can’t see it
We're more likely to default to an established form of society than an emerging one. Throughout history when empires fall they dissolve into smaller, ideological empires... I can see a modern version of this with elements of Balaji's thinking