164 karma · joined July 16, 2019
Here are the things that make up a reserve currency:
1. Floated
2. No capital controls
3. Respect property rights
4. Have a bond market big enough
5. Have global trust
6. Be willing to have trade deficits
7. Stop export priority mercantilism
8. Have a currency market big enough
Only the US dollar satisfies all of these rules.
This is where the problem comes in-- best practice on the Internet is to let people who want to be anonymous stay anonymous. This is analog world culture butting into digital world culture, and in this case _digital world culture is right_, and also a case of the NYTimes being hypocritical.
The guy who wrote the NYTimes Resistance piece is allowed to stay anonymous, but a guy who writes about the efficacy of different depression medications isn't? [0]
It's ridiculous.
https://www.nytimes.com/2018/09/05/opinion/trump-white-house...
"The Ends of the World" is probably the best one. "The Rise and Fall of the Dinosaurs" is also a good one, and it doesn't focus purely on the dinosaurs as the title suggests, but about how we know how they evolved and existed.
1) We can expect unemployment in the teen %s. Some economists think we can get as high as 30%.
2) It will be worse
3) Consensus is a big V-shaped dip, assuming that the virus is contained, managed, tested and tracked.
4) Stimulus bills, debt relief-- things they've all, for the most part, already done.
Really it doesn't make sense to connect these different things directly, because they point towards higher archetypes that we have embedded in our collective consciousness.
However, there are things like the Dollar Vans in New York that do actually fulfill the niche. They're also sometimes illegal.
Also, because its a Paradox game, the interface is ass.
If you like the genre of games, this is one to lose a couple of dozen hours to. If you just think "oh, Mars is cool" its probably good to skip or download a mod that lets you zoom time faster.
Climate Change: What Everyone Needs to Know by Joseph Romm is a great read. Very basic.
Drawdown: The Most Comprehensive Plan Ever Proposed to Reverse Global Warming by Paul Hawken is a good follow up for understanding what is necessary and what can be done.
The Ends of the World: Volcanic Apocalypses, Lethal Oceans, and Our Quest to Understand Earth’s Past Mass Extinctions by Peter Brannen explains how historically Carbon has controlled the Earth's climate system.
That's my best list for "unbiased".